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Exhibit 10.5
REVOLVING CREDIT NOTE
On or before the Maturity Date, FOR VALUE
RECEIVED, Quantum Fuel Systems Technologies Worldwide, Inc., a
Delaware corporation (the " Company "), promises to pay to
the order of WB QT, LLC, a Delaware limited liability company ("
Lender ") at Minneapolis, Minnesota, care of the Agent in
lawful money of the United States of America so much of the sum of
Twenty Million Six Hundred Thirty-Seven Thousand Five Hundred
Dollars ($20,637,500), as may from time to time have been advanced
by Lender to the Company and then be outstanding hereunder pursuant
to the Credit Agreement dated as of January 31, 2007 made by
and among the Company and certain lenders signatory thereto,
including the Lender, and WB QT, LLC as Agent for such lenders, as
the same may be amended or otherwise modified from time to time ("
Credit Agreement "), together with interest thereon as
hereinafter set forth.
Each of the Revolving Credit Advances made hereunder shall bear
interest at the interest rate from time to time app
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