THIRD AMENDMENT TO CREDIT AND SECURITY AGREEMENT This Third Amendment is made and is effective this 13th day of May, 1996, by and between CARLYLE GOLF, INC., a Colorado corporation (the "Borrower"), and NORWEST BUSINESS CREDIT, INC., a Minnesota...Credit and Security Agreement • January 21st, 1997 • Carlyle Golf Inc • Men's & boys' furnishgs, work clothg, & allied garments
TERM NOTETerm Note • January 21st, 1997 • Carlyle Golf Inc • Men's & boys' furnishgs, work clothg, & allied garments
This Note is issued pursuant, and is subject, to the Credit Agreement, which provides, among other things, for acceleration hereof. This Note is the Term Note referred to in the Credit Agreement.
AMENDED AND RESTATED REVOLVING NOTERevolving Note • January 21st, 1997 • Carlyle Golf Inc • Men's & boys' furnishgs, work clothg, & allied garments
For value received, the undersigned, CARLYLE GOLF, INC., a Colorado corporation (the "Borrower"), hereby promises to pay on June 30, 1999 to the order of Norwest Business Credit, Inc., a Minnesota corporation (the "Lender"), at its main office in Minneapolis, Minnesota, or at any other place designated at any time by the holder hereof, in lawful money of the United States of America and in immediately available funds, the principal sum of One Million Five Hundred Thousand and No/100 Dollars ($1,500,000) or, if less, the aggregate unpaid principal amount of all advances made by the Lender to the Borrower hereunder, together with interest on the principal amount hereunder remaining unpaid from time to time, computed on the basis of the actual number of days elapsed and a 360-day year, from the date hereof until this Note is fully paid at the rate from time to time in effect under the Credit and Security Agreement dated as of July 7, 1995, as amended (the "Credit Agreement") by and betwee
FOURTH AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • January 21st, 1997 • Carlyle Golf Inc • Men's & boys' furnishgs, work clothg, & allied garments
