Supplemental Revolving Credit Note Sample Contracts

SUPPLEMENTAL REVOLVING CREDIT NOTE
Supplemental Revolving Credit Note • January 7th, 2020 • Air T Inc • Air courier services

FOR VALUE RECEIVED, on the Supplemental Revolving Credit Termination Date (as defined in the Credit Agreement hereinafter defined) the undersigned, AIR T, INC., a Delaware corporation (the “Borrower”), promises to pay to the order of MINNESOTA BANK & TRUST, a Minnesota state banking corporation (the “Lender”), the principal sum of TEN MILLION AND NO/100THS DOLLARS (U.S. $10,000,000.00) or, if less, the aggregate unpaid principal amount of all Supplemental Revolving Credit Loans (as hereinafter defined) made by the Lender to the Borrower pursuant to the Credit Agreement.

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SUPPLEMENTAL REVOLVING CREDIT NOTE
Supplemental Revolving Credit Note • January 5th, 2023 • Pro Dex Inc • Surgical & medical instruments & apparatus

FOR VALUE RECEIVED, on the Supplemental Revolving Credit Termination Date (as defined in the Credit Agreement hereinafter defined) the undersigned, PRO-DEX, INC., a Colorado corporation (the “Borrower”), promises to pay to the order of Minnesota Bank & Trust, a division of HTLF Bank, successor by merger to Minnesota Bank and Trust (the “Lender”), the principal sum of THREE MILLION AND NO/100THS DOLLARS (U.S. $3,000,000.00) or, if less, the aggregate unpaid principal amount of all Supplemental Revolving Credit Loans (as hereinafter defined) made by the Lender to the Borrower pursuant to the Credit Agreement.

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