REVOLVING LOAN AND SECURITY AGREEMENTRevolving Loan and Security Agreement • October 30th, 2009 • Worldgate Communications Inc • Cable & other pay television services • Delaware
THIS REVOLVING LOAN AND SECURITY AGREEMENT (this “Agreement”), dated as of October 28, 2009 (the “Effective Date”) is entered into by and between (i), a Pennsylvania limited liability company (jointly and severally, the “Borrower”), and WorldGate Communications, Inc., a Delaware corporation, WorldGate Service, Inc., a Delaware corporation, WorldGate Finance, Inc., a Delaware corporation, Ojo Services LLC, a Pennsylvania limited liability company, and Ojo Video Phones LLC (ii) WGI Investor LLC, a Delaware limited liability company (“Lender”).
