AMENDMENT TO NOTEPromissory Note Amendment • September 26th, 2011 • Advanced Photonix Inc • Semiconductors & related devices
This Amendment to Note (“Amendment”), made, delivered, and effective as of September 23, 2011, by and between Advanced Photonix, Inc. (“Borrower”) and THE PRIVATEBANK AND TRUST COMPANY (“Bank”).
FIFTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • September 26th, 2011 • Advanced Photonix Inc • Semiconductors & related devices
This Fifth Amendment dated as of September 23, 2011, by and between The PrivateBank and Trust Company (“Lender”) and Advanced Photonix, Inc. (“Borrower”).
PROMISSORY NOTE (Term Loan-Prime)Promissory Note • September 26th, 2011 • Advanced Photonix Inc • Semiconductors & related devices
This Note shall be repaid by consecutive monthly installments of principal, each in the amount of Twenty Thousand Eight Hundred Thirty Three and 33/100 Dollars ($20,833.33) plus interest, commencing on the first day of November, 2011 and continuing on the first Business Day of each month thereafter, calculated using an original four (4) year amortization from the date of this Note. The unpaid principal balance and all accrued interest thereon shall be due and payable in full on the Maturity Date (or earlier upon acceleration). Amounts repaid may not be readvanced.
