ContractRevolving Credit and Security Agreement • November 9th, 2007 • Autoinfo Inc • Trucking & courier services (no air)
FIFTH AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT THIS FIFTH AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT (this “Fifth Amendment”) executed and delivered as of August 3, 2007 by and between WACHOVIA BANK, NATIONAL ASSOCIATION (“Bank”), and among AUTOINFO, INC., a Delaware corporation, SUNTECK TRANSPORT CO., INC., a Florida corporation and SUNTECK TRANSPORT CARRIERS, INC. F/K/A SUNTECK TRANSPORT & LOGISTICS, INC., a Florida corporation (collectively, the “Borrower”). RECITALS: A. On May 23, 2003, Borrower and Bank, executed and delivered that certain Revolving Credit and Security Agreement (the “Credit Agreement”) under the terms of which Bank provided a line of credit to Borrower in the amount of $1,500,000. B. On June 29, 2004, Borrower and Bank, executed and delivered that certain First Amendment to Revolving Credit and Security Agreement (the “First Amendment”) which increased the Maximum Loan Amount to $2,500,000, extended the facility and amended certain other t
