EXHIBIT 10.5
AMENDED EXHIBIT A-2
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REVOLVING NOTE
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$ 5,750,000 June 29, 1998
FOR VALUE RECEIVED, MATRIX CAPITAL CORPORATION, a Colorado corporation
("BORROWER"), promises to pay to the order of BANK ONE, TEXAS, N.A. ("LENDER")
that portion of the principal amount of $5,750,000 that may from time to time be
disbursed and outstanding under this note together with interest.
This note is a "Revolving Note" under the Credit Agreement (as renewed,
extended, amended, or restated, the "CREDIT AGREEMENT") dated as of March 12,
1997, between Xxxxxxxx, Lender, certain other Lenders, and Bank One, Texas,
N.A., as Agent for Lenders. All of the defined terms in the Credit Agreement
have the same meanings when used, unless otherwise defined, in this note.
This note incorporates by reference the principal and interest payment
terms in the Credit Agreement for this note, including, without limitation, the
final maturity, which is the Maturity Date. Principal and interest are payable
to the holder of this note through Agent at either (a) its offices at 0000 Xxxx
Xxxxxx, Xxxxxx, Xxxxx 00000, or (b) at any other address so designated by Agent
in written notice to Borrower.
This note incorporates by reference all other provisions in the Credit
Agreement applicable to this note, such as provisions for disbursements of
principal, applicable-interest rates before and after Default, voluntary and
mandatory prepayments, acceleration of maturity, exercise of Rights, payment of
attorneys' fees, court costs, and other costs of collection, certain waivers by
Xxxxxxxx and other obligors, assurances and security, choice of Texas and United
States federal Law, usury savings, and other matters applicable to Loan
Documents under the Credit Agreement.
This note is a renewal, extension, increase of, and substitution for (but
not novation of), the existing Revolving Note dated as of March 12, 1997,
executed by Xxxxxxxx, payable to Payee, and in the stated principal amount of
$3,000,000.
MATRIX CAPITAL CORPORATION, as Borrower
By /s/ Xxx X. Xxxxxx
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Xxx X. Xxxxxx, Chief Executive Officer and
President
AMENDED EXHIBIT A-2
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