Natur Holding BV announced that it has entered into a loan agreement with Dam! Holding BV, under which Natur Holding may borrow up to USD 500,000. The final terms of the agreement were concluded on February 18, 2019. The first drawdown of USD 367,000 was made and was used for general expenses of Natur Holding and a partial repayment of their major supplier, as provided in the loan agreement. Natur Holding may drawdown a further USD 133,000 to cover outstanding amounts owed to one of its suppliers, subject to certain conditions. The loan amount can be made in Euros, in the same numeric amounts if certain additional conditions are met by Natur Holdings related to further capital restructuring of Natur Holdings, which the company has already undertaken. Repayment is due after six months from the date of receipt of the initial funds in the Natur Holding’s account. The loan may be pre-paid in full or in part at any time. Interest, at the rate of 5% per annum, is due and payable quarterly. The loan carries a default interest rate of 11% per annum. The loan has the typical default provisions of a borrowing arrangement, including breach of the borrower obligations, bankruptcy of the borrower, significant changes in the borrower’s business, and dissolution of the borrower. The full amount of the loan is covered by the grant of a security interest in Natur Holdings.