CREDIT AGREEMENT $40,000,000 Credit Facility by and among ELANDIA INTERNATIONAL INC., A Delaware corporation and STANFORD INTERNATIONAL BANK LTD., an Antiguan banking corporation Dated as of July 21, 2008Credit Agreement • July 25th, 2008 • Elandia International Inc. • Telephone communications (no radiotelephone)
THIS CREDIT AGREEMENT (the “Agreement”), dated as of July 21, 2008 (the “Effective Date”), is made by and between ELANDIA INTERNATIONAL INC., a Delaware corporation (referred to herein as the “Borrower”) and STANFORD INTERNATIONAL BANK LTD., an Antiguan banking corporation (the “Lender”).
