MASTER NON-REVOLVING LINE OF CREDIT NOTEMaster Non-Revolving Line of Credit Note • January 28th, 2011 • Global Axcess Corp • Services-business services, nec
FOR VALUE RECEIVED, the undersigned (“Borrower”) promises to pay to the order of PROFICIO BANK, a Utah banking corporation (the “Lender”) at its office at 10151 Deerwood Park Boulevard, Building 200, Suite 105, Jacksonville, Florida 32256 (together with any holder of this Master Non-Revolving Line of Credit Note (the “LOC Note”), or such other place as the Lender may designate in writing, the sum of One Million and NO/100 Dollars ($1,000,000.00) or such lesser amount as may be advanced by Lender hereunder, with the principal and interest thereof being due and payable in accordance with the terms of this LOC Note and pursuant to that Loan and Security Agreement, dated of even date (the “Loan Agreement”), executed by Borrower and Lender. Both principal and interest shall be payable in lawful currency of the United States of America.
