AMENDMENT NO. 3 TO REVOLVING CREDIT AND SECURITY AGREEMENTRevolving Credit and Security Agreement • March 31st, 2009 • Dri Corp • Communications equipment, nec • New York
THIS AMENDMENT NO. 3 (this “Agreement”) is entered into as of March 26, 2009, by and between DIGITAL RECORDERS, INC. (“DR”), TWINVISION OF NORTH AMERICA, INC. (“TVna”, collectively with DR, each a “Borrower”, and collectively the “Borrowers”), DRI CORPORATION (“DRI”, collectively with the Borrowers, each a “Loan Party, and collectively, the “Loan Parties”), the financial institutions party hereto (collectively, the “Lenders” and individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).
SECOND AMENDMENT TO THE LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 31st, 2009 • Dri Corp • Communications equipment, nec • New York
SECOND AMENDMENT dated as of March 26, 2009 (this “Amendment”) among DIGITAL RECORDERS, INC., a North Carolina corporation (“Digital”), TWINVISION OF NORTH AMERICA, INC., a North Carolina corporation (“TwinVision” and, together with Digital, the “Borrowers”), DRI CORPORATION, a North Carolina corporation (“Guarantor” and, together with the Borrowers, the “Loan Parties”) and BHC INTERIM FUNDING III, L.P., a Delaware limited partnership (“Lender”), to that certain Loan and Security Agreement dated as of June 30, 2008 (as amended, modified, supplemented or restated from time to time, the “Loan Agreement”) among the Loan Parties and Lender. Terms which are capitalized in this Amendment and not otherwise defined shall have the meanings ascribed to such terms in the Loan Agreement.
FIRST AMENDMENT TO WARRANTWarrant • March 31st, 2009 • Dri Corp • Communications equipment, nec • New York
FIRST AMENDMENT dated as of March 26, 2009 (this “Amendment”), between DRI CORPORATION, a North Carolina corporation (“DRI”) and BHC INTERIM FUNDING III, L.P. (“Holder”) to that certain Warrant dated as of June 30, 2008 issued by DRI to Holder (as amended, modified, supplemented or restated from time to time, the “Warrant”).
