LINE OF CREDIT AGREEMENT FOR THE ACQUISITION OF EQUIPMENT ($1,000,000.00 Line) May 16, 2017Line of Credit Agreement • August 14th, 2017 • Dynasil Corp of America • Glass & glassware, pressed or blown • Massachusetts
We (the "Lender") are pleased to advise you (the "Borrower") that Lender has established a line of credit of up to One Million and 00/100 ($1,000,000.00) Dollars (subject to limitations contained herein) (the "Credit Limit") for Borrower to be used exclusively for the purchase of equipment; subject to Lender's periodic review. This line of credit will be subject to the following terms and conditions:
LOAN DOCUMENT MODIFICATION AGREEMENTLoan Document Modification Agreement • August 14th, 2017 • Dynasil Corp of America • Glass & glassware, pressed or blown
This Loan Document Modification Agreement (this "Agreement") is made as of this 16 day of May, 2017, by and between Middlesex Savings Bank, a banking corporation organized and existing under the laws of Massachusetts, of 6 Main Street, Natick, Massachusetts 01760 "Lender"), and Dynasil Corporation of America of 313 Washington Street, Suite 403, Newton, Massachusetts 02458 (the "Borrower"); and Optometrics Corporation of 8 Nemco Way, Ayer, Massachusetts 01432, Radiation Monitoring Devices, Inc. of 44 Hunt Street, Watertown, Massachusetts 02472, RMD Instruments Corp. of 44 Hunt Street, Watertown, Massachusetts 02472, Evaporated Metal Films Corp. of 239 Cherry Street, Ithaca, New York 14850, and Dynasil Biomedical Corp. of 44 Hunt Street, Watertown, Massachusetts 02472 (the "Guarantors").
