Committed Line Of Credit NoteCommitted Line of Credit Note • May 6th, 2010 • Bioclinica Inc • Services-testing laboratories
FOR VALUE RECEIVED, BIOCLINICA, INC. and OXFORD BIO-IMAGING RESEARCH, INC. (jointly and severally, individually and collectively, the “Borrower”), with an address at 826 Newtown-Yardley Road, Newtown, Pennsylvania 18940, promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”), in lawful money of the United States of America in immediately available funds at its offices located at 1600 Market Street, Philadelphia, Pennsylvania 19103, or at such other location as the Bank may designate from time to time, the principal sum of SEVEN MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($7,500,000.00) (the “Facility”) or such lesser amount as may be advanced to or for the benefit of the Borrower hereunder, together with interest accruing on the outstanding principal balance from the date hereof, all as provided below.
