REVOLVING TERM NOTERevolving Term Note • August 13th, 2013 • Wireless Xcessories Group Inc • Miscellaneous electrical machinery, equipment & supplies
For value received, the undersigned Wireless Xcessories Group, Inc., a Delaware corporation, with an address of 1840 County Line Road, Suite 301, Huntingdon, Pennsylvania 19006 (the “Borrower”), promises to pay to the order of TD Bank, N.A., a National Association with an address of 2005 Market Street, 2nd Floor, Philadelphia, Pennsylvania 19103 (together with its successors and assigns, the “Bank”), the principal amount of Two Million Dollars and Zero Cents ($2,000,000.00), or, if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower pursuant hereto, on or before January 15, 2014 (the “Maturity Date”) unless extended in writing by the Bank in its sole and absolute discretion, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full. The aggregate principal balance outstanding shall bear interest thereon at a per annum rate equal to Two and One-Half
