Term Note ATerm Note • December 9th, 2008 • Youbet Com Inc • Services-miscellaneous amusement & recreation
FOR VALUE RECEIVED, the undersigned, Youbet.com, Inc., a Delaware corporation (“Youbet”), United Tote Company, a Montana corporation (“United Tote”), and Youbet Services Corporation, a Delaware corporation (“Youbet Services”) (Youbet, United Tote and Youbet Services are each individually a “Borrower” and collectively the “Borrowers”), jointly and severally promise to pay to the order of National City Bank, a national banking association (“Lender”), on or before November 30, 2010, the principal sum of Ten Million and no/100 Dollars ($10,000,000.00), or, if less, the aggregate unpaid principal amount of Term Loan A, together with interest thereon from the date hereof at the rates set forth in that certain Loan and Security Agreement of even date herewith by and between Lender and Borrowers, as amended, renewed or restated from time to time (collectively the “Loan Agreement”). Interest shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days i
GuarantyGuaranty • December 9th, 2008 • Youbet Com Inc • Services-miscellaneous amusement & recreation • Illinois
This Guaranty (this “Guaranty”) is made as of the 3rd day of December, 2008, by UT Gaming, Inc., a Delaware corporation (“Guarantor”), in favor of National City Bank, a national banking association (“Lender”).
Stock Pledge AgreementStock Pledge Agreement • December 9th, 2008 • Youbet Com Inc • Services-miscellaneous amusement & recreation • Illinois
This Stock Pledge Agreement (this “Pledge Agreement”) dated as of December 3, 2008, is executed and delivered by UT Gaming, Inc., a Delaware corporation (“Pledgor”), to National City Bank, a national banking association (“Lender”).
Revolving NoteRevolving Note • December 9th, 2008 • Youbet Com Inc • Services-miscellaneous amusement & recreation
FOR VALUE RECEIVED, the undersigned, Youbet.com, Inc., a Delaware corporation (“Youbet”), United Tote Company, a Montana corporation (“United Tote”), and Youbet Services Corporation, a Delaware corporation (“Youbet Services”) (Youbet, United Tote and Youbet Services are each individually a “Borrower” and collectively the “Borrowers”), jointly and severally promise to pay to the order of National City Bank, a national banking association (“Lender”), on or before November 30, 2010, the principal sum of Five Million and no/100 Dollars ($5,000,000.00), or, if less, the aggregate unpaid principal amount of all Revolving Loans Lender may have advanced to Borrowers pursuant to Section 2.1(A) of that certain Loan and Security Agreement of even date herewith by and among Lender and Borrowers (as amended, renewed or restated from time to time, the “Loan Agreement”), together with interest thereon from the date hereof at the rates and in accordance with the terms and provisions set forth in the L
