NOTELoan Agreement • July 29th, 2015 • Boomerang Systems, Inc. • Engines & turbines
THIS REVOLVING CREDIT NOTE is executed and delivered under and pursuant to the terms of that certain Loan and Security Agreement, dated as of June 6, 2013 (as the same has been and may hereafter be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), by and among Borrowers, the lenders now or hereafter a party hereto (collectively, the “Lenders” and each individually a “Lender”) and PARKING SOURCE LLC, as agent for itself and the other Lenders (in such capacity, the “Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meanings provided in the Loan Agreement.
To the Holders of Notes:Loan and Security Agreement • July 29th, 2015 • Boomerang Systems, Inc. • Engines & turbines
This letter is intended for the holders of 15% Secured Notes (the “Notes”) and warrants to purchase common stock (“Eligible Warrants”) in each case issued pursuant to the Loan and Security Agreement dated as of June 6, 2013 (as amended through the date hereof, the “Loan Agreement”) by and among the Company, Boomerang Systems, Inc., Boomerang USA Corp. and Boomerang MP Holdings, Inc. (collectively, the “Borrowers”), the Lenders party thereto from time to time and Parking Source LLC, as agent.
