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REVOLVING CREDIT NOTE

Promissory Note

REVOLVING CREDIT NOTE | Document Parties: EASYLINK SERVICES INTERNATIONAL CORP | SUNTRUST BANK You are currently viewing:
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EASYLINK SERVICES INTERNATIONAL CORP | SUNTRUST BANK

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Title: REVOLVING CREDIT NOTE
Governing Law: Georgia     Date: 5/21/2009
Industry: Software and Programming     Sector: Technology

REVOLVING CREDIT NOTE, Parties: easylink services international corp , suntrust bank
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EXHIBIT 10.3

REVOLVING CREDIT NOTE

 

 

 

$2,000,000.00

 

Atlanta, Georgia

 

 

May 19, 2009

FOR VALUE RECEIVED, the undersigned, EASYLINK SERVICES INTERNATIONAL CORPORATION, a Delaware corporation (the “ Borrower ”), hereby promises to pay to SUNTRUST BANK (the “ Lender ”) or its registered assigns, at the office of SunTrust Bank (“ SunTrust ”) at 303 Peachtree St., N.E., Atlanta, Georgia 30303, on the Revolving Commitment Termination Date (as defined in the Revolving Credit and Term Loan Agreement dated as of May 19, 2009, as the same may be amended, restated, supplemented or otherwise modified from time to time, the “ Credit Agreement ”), among the Borrower, the lenders from time to time party thereto and SunTrust, as administrative agent for the lenders, the lesser of the principal sum of TWO MILLION AND NO/100 DOLLARS ($2,000,000.00) and the aggregate unpaid principal amount of all Revolving Loans made by the Lender to the Borrower pursuant to the Credit Agreement, in lawful money of the United States of America in immediately available funds, and to pay interest from the date hereof on the principal amount thereof from time to time outstanding, in like funds, at said office, at the rate or rates per annum and payable on such dates as provided in the Credit Agre


 
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