CONVERTIBLE REVOLVING PROMISSORY NOTEConvertible Revolving Promissory Note • November 13th, 2008 • Advance Display Technologies Inc • Patent owners & lessors
THIS CONVERTIBLE REVOLVING PROMISSORY NOTE (the “Note”) is executed and delivered under and pursuant to the terms of that certain Senior Secured Revolving Credit Agreement (the “Loan Agreement”) of even date herewith by and between ADVANCE DISPLAY TECHNOLOGIES, INC., a Colorado corporation (the “Borrower”) and DEGEORGE HOLDINGS THREE LLC, a Delaware limited liability company (the “Lender”). Capitalized terms not otherwise defined herein shall have the meanings provided in the Loan Agreement.
SENIOR SECURED REVOLVING CREDIT AGREEMENT Dated as of November 6, 2008 Between ADVANCE DISPLAY TECHNOLOGIES, INC. and DeGeorge Holdings Three LLCSenior Secured Revolving Credit Agreement • November 13th, 2008 • Advance Display Technologies Inc • Patent owners & lessors • Colorado
THIS SENIOR SECURED REVOLVING CREDIT AGREEMENT (the “Agreement”), is made this 6th day of November, 2008, by and between Advance Display Technologies, Inc., a Colorado corporation (the “Borrower”) and DeGeorge Holdings Three LLC, a Delaware limited liability company (the “Lender”).
