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Friday, 10/17/2014 4:17:39 PM

Friday, October 17, 2014 4:17:39 PM

Post# of 45771
Ohio drive thru loans

From the CDEX loan agreement....

This Agreement shall be governed as to validity, interpretation, construction, effect, and in all other respects by the laws and decisions of the State of Ohio, without regards to its conflict-of-law provisions. The Borrower hereby irrevocably consents to the jurisdiction of the courts of Lorain County, Ohio and the Northern District of Ohio with respect to any matter arising under the Line, and further irrevocably consents to service of process by hand delivery to the address listed above for the Borrower.


The state of Ohio?

Strange arrangement. The chairman of the board of directors can find his own company in default of a loan from himself to the company he is also the operational CEO of. But what the heck it only runs for 120 days, 1 November 2014 to March 31st 2015. Pemco, isn't that the one and only RS?

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