REVOLVING NOTERevolving Note • April 7th, 2011 • Motorcar Parts America Inc • Miscellaneous electrical machinery, equipment & supplies
FOR VALUE RECEIVED, the undersigned, MOTORCAR PARTS OF AMERICA, INC., a New York corporation (“Borrower”), hereby promises to pay to the order of BRANCH BANKING & TRUST COMPANY, a North Carolina banking corporation (“Payee”), on or before the Revolving Loans Maturity Date, in lawful money of the United States of America and in immediately available funds, the principal sum of SIXTEEN MILLION SIX HUNDRED SIXTY-SIX THOUSAND SIX HUNDRED SIXTY-SIX AND 66/100THS DOLLARS ($16,666,666.66), or such lesser sum as shall equal the aggregate outstanding principal amount of the Revolving Loans made by Payee to Borrower pursuant to the Credit Agreement (as defined below).
FOURTH AMENDMENT TO REVOLVING CREDIT AND TERM LOAN AGREEMENTCredit and Term Loan Agreement • April 7th, 2011 • Motorcar Parts America Inc • Miscellaneous electrical machinery, equipment & supplies • California
THIS FOURTH AMENDMENT TO REVOLVING CREDIT AND TERM LOAN AGREEMENT (“Fourth Amendment”), dated as of March 31, 2011, is made and entered into by and among MOTORCAR PARTS OF AMERICA, INC., a New York corporation (“Borrower”), UNION BANK, N.A., a national banking association, in its capacity as Administrative Agent (“Administrative Agent”), UNION BANK, N.A., a national banking association, in its capacity as a Lender (“Union Bank”), and BRANCH BANKING & TRUST COMPANY, a North Carolina banking corporation, in its capacity as a Lender (“BB&T”) (Union Bank and BB&T herein called “Lenders”).
REVOLVING NOTERevolving Note • April 7th, 2011 • Motorcar Parts America Inc • Miscellaneous electrical machinery, equipment & supplies
FOR VALUE RECEIVED, the undersigned, MOTORCAR PARTS OF AMERICA, INC., a New York corporation (“Borrower”), hereby promises to pay to the order of UNION BANK, N.A., a national banking association (“Payee”), on or before the Revolving Loans Maturity Date, in lawful money of the United States of America and in immediately available funds, the principal sum of THIRTY-THREE MILLION THREE HUNDRED THIRTY-THREE THOUSAND THREE HUNDRED THIRTY-THREE AND 34/100THS DOLLARS ($33,333,333.34), or such lesser sum as shall equal the aggregate outstanding principal amount of the Revolving Loans made by Payee to Borrower pursuant to the Credit Agreement (as defined below).
