DMRJ Group LLC Montsant Partners LLC Gentlemen:Implant Sciences Corp • April 8th, 2016 • Measuring & controlling devices, nec
This letter (this “Comfort Letter”) is being provided to you, effective as of the date set forth above, in connection with the extension of the maturity date of our obligations under certain notes and security agreements that are more specifically described in the Fourteenth Omnibus Amendment to Credit Agreement and Sixteenth Amendment to Note and Warrant Purchase Agreement, effective as of March 31, 2016 (the “Amendment”), by and among Implant Sciences Corporation (the “Company”), the Guarantors named therein, DMRJ Group LLC (the “Investor”) and Montsant Partners LLC (the “Assignee”). Any capitalized term used but not defined in this Comfort Letter will have the meaning ascribed to such term in the Amendment.
OMNIBUS FOURTEENTH AMENDMENT TO CREDIT AGREEMENT AND SIXTEENTH AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENTNote and Warrant Purchase Agreement • April 8th, 2016 • Implant Sciences Corp • Measuring & controlling devices, nec • New York
This Omnibus Fourteenth Amendment to Credit Agreement and Sixteenth Amendment to Note and Warrant Purchase Agreement (“Amendment”) is dated as of April 6, 2016 and effective as of March 31, 2016, by and among Implant Sciences Corporation, a Massachusetts corporation (the “Company”), the Guarantors party to each Guaranty (as defined below), DMRJ Group LLC, a Delaware limited liability company (the “Investor”) and Montsant Partners LLC (the “Assignee”).
CONSENT AND SECOND OMNIBUS AMENDMENT TO SECURED TERM NOTESSecured Term Notes • April 8th, 2016 • Implant Sciences Corp • Measuring & controlling devices, nec • New York
This Consent and Second Omnibus Amendment to Secured Term Notes (“Amendment”) is dated as of April 6, 2016 and effective as of March 30, 2016, by and among Implant Sciences Corporation, a Massachusetts corporation (the “Company”), C Acquisition Corp., a Delaware corporation (“C Acquisition”), Accurel Systems International Corporation, a California corporation (“Accurel”), IMX Acquisition Corp., a Delaware corporation (“IMX” and together with C Acquisition and Accurel, each a “Guarantor” and collectively, “Guarantors”), each of the entities party to this Agreement as investors (collectively, the “Investors” and each, individually, an “Investor”) and BAM Administrative Services LLC, a Delaware limited liability company, as agent for the Investors (the “Agent” and together with the Investors, the “Creditor Parties” and each, a “Creditor Party”).
