Floating Rate Term Note dated August 1, 2014 by and between Dougherty’s Holdings, Inc. and Cardinal Health, Inc.Floating Rate Term Note • June 2nd, 2017 • Dougherty's Pharmacy, Inc. • Services-business services, nec • Ohio
FOR VALUE RECEIVED, Dougherty's Holdings, Inc., a Texas corporation (hereinafter referred to as “Maker”), promises to pay to the order of Cardinal Health* (the “Payee”), on the dates and in the manner provided below, the sum of THREE HUNDRED FIVE THOUSAND THREE HUNDRED FIFTY and 00/100 DOLLARS ($305,350.00) (the “Loan Amount”) or such lesser amount as shall be outstanding hereunder, together with interest on the unpaid principal balance hereof from the date hereof until maturity at a rate of interest per annum equal to the Prime Rate (as hereinafter defined) plus 2.4% per annum (the “Borrower Rate”). The term “Prime Rate” shall mean the rate of interest designated by SunTrust Bank (the “Bank”) from time to time as its “Prime Rate” which rate is a reference rate and not necessarily the Bank’s best rate of interest; any change in the Prime Rate shall be effective as of the date of such change.
FLOATING RATE TERM NOTEFloating Rate Term Note • June 2nd, 2017 • Dougherty's Pharmacy, Inc. • Services-business services, nec • Ohio
FOR VALUE RECEIVED, Dougherty's Holdings, Inc., a Texas corporation (hereinafter referred to as “Maker”), promises to pay to the order of Cardinal Health* (the “Payee”), on the dates and in the manner provided below, the sum of ONE MILLION EIGHT HUNDRED TWENTY-SEVEN THOUSAND EIGHT HUNDRED FIFTY and 00/100 DOLLARS ($1,827,850.00) (the “Loan Amount”) or such lesser amount as shall be outstanding hereunder, together with interest on the unpaid principal balance hereof from the date hereof until maturity at a rate of interest per annum equal to the Prime Rate (as hereinafter defined) plus 2.60% per annum (the “Borrower Rate”). The term “Prime Rate” shall mean the rate of interest designated by SunTrust Bank (the “Bank”) from time to time as its “Prime Rate” which rate is a reference rate and not necessarily the Bank’s best rate of interest; any change in the Prime Rate shall be effective as of the date of such change.
FLOATING RATE TERM NOTEFloating Rate Term Note • June 2nd, 2017 • Dougherty's Pharmacy, Inc. • Services-business services, nec • Ohio
FOR VALUE RECEIVED, Dougherty's Holdings, Inc., a Texas corporation and Dougherty’s Pharmacy Springtown, LLC, a Texas corporation (hereinafter collectively and individually referred to as “Maker”), jointly and severally, promises to pay to the order of Cardinal Health* (the “Payee”), on the dates and in the manner provided below, the sum of SEVEN HUNDRED FORTY- FOUR THOUSAND ONE HUNDRED and 00/100 DOLLARS ($744,100.00) (the “Loan Amount”) or such lesser amount as shall be outstanding hereunder, together with interest on the unpaid principal balance hereof from the date hereof until maturity at a rate of interest per annum equal to the Prime Rate (as hereinafter defined) plus 2.38% per annum (the “Borrower Rate”). The term “Prime Rate” shall mean the rate of interest designated by SunTrust Bank (the “Bank”) from time to time as its “Prime Rate” which rate is a reference rate and not necessarily the Bank’s best rate of interest; any change in the Prime Rate shall be effective as of the d
FLOATING RATE TERM NOTEFloating Rate Term Note • June 2nd, 2017 • Dougherty's Pharmacy, Inc. • Services-business services, nec • Ohio
FOR VALUE RECEIVED, Dougherty's Holdings, Inc., a Texas corporation (hereinafter referred to as “Maker”), promises to pay to the order of Cardinal Health* (the “Payee”), on the dates and in the manner provided below, the sum of ONE MILLION TWO HUNDRED FORTY-ONE THOUSAND THREE HUNDRED FIFTY and 00/100 DOLLARS ($1,241,350.00) (the “Loan Amount”) or such lesser amount as shall be outstanding hereunder, together with interest on the unpaid principal balance hereof from the date hereof until maturity at a rate of interest per annum equal to the Prime Rate (as hereinafter defined) plus 2.6% per annum (the “Borrower Rate”). The term “Prime Rate” shall mean the rate of interest designated by SunTrust Bank (the “Bank”) from time to time as its “Prime Rate” which rate is a reference rate and not necessarily the Bank’s best rate of interest; any change in the Prime Rate shall be effective as of the date of such change.
