CITIZENS BANK OF MASSACHUSETTS LOAN AGREEMENT October 17, 2006Massachusetts Loan Agreement • November 13th, 2006 • Cybex International Inc • Sporting & athletic goods, nec
This Loan Agreement (the “Agreement”) is made by and between Cybex International, Inc., a New York corporation having a principal place of business at 10 Trotter Drive, Medway, Massachusetts 02053 (the “Borrower”) and Citizens Bank of Massachusetts, a Massachusetts banking corporation with its principal place of business at 28 State Street, Boston, Massachusetts 02109 (the “Bank”), with respect to a loan (the “Loan”) in the original principal amount of Thirteen Million Dollars ($13,000.000.00) (the “Loan Amount”) to be evidenced by, among other things, a Commercial Promissory Note to be made by the Borrower payable to the order of the Bank, as amended, extended, and modified from time to time (the “Note”).
