ContractCredit Agreement • October 25th, 2013 • Speedemissions Inc • Services-automotive repair, services & parking
Contract Type FiledOctober 25th, 2013 Company Industry
REPLACEMENT AND CONSOLIDATED REVOLVING NOTEReplacement and Consolidated Revolving Note • October 25th, 2013 • Speedemissions Inc • Services-automotive repair, services & parking
Contract Type FiledOctober 25th, 2013 Company IndustryFOR VALUE RECEIVED, SPEEDEMISSIONS, INC., a Florida corporation, and SPEEDY OPERATIONS, INC., a Georgia corporation, whose address is 1015 Tyrone Road, Suite 220, Tyrone, GA 30290 (collectively, the “Borrowers”), jointly, severally and collectively promise to pay to the order of TCA GLOBAL CREDIT MASTER FUND, LP (hereinafter, together with any holder hereof, “Lender”), whose address is 1404 Rodman Street, Hollywood, Florida 33020, on or before December 1, 2014 (the “Revolving Loan Maturity Date”), the lesser of: (i) ONE MILLION THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($1,300,000.00); or (ii) the aggregate principal amount of all Revolving Loans outstanding under and pursuant to that certain Credit Agreement dated as of June 8, 2012, executed by and among Borrowers and Lender, as amended from time to time (as amended, supplemented or modified from time to time, the “Credit Agreement”), together with interest thereon (computed on the actual number of days elapsed on the basis of a 360