FOURTH AMENDMENT TO THE LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 16th, 2009 • Dri Corp • Communications equipment, nec • New York
THIS FOURTH AMENDMENT is entered into as of October 1, 2009 (this “Amendment”) among DIGITAL RECORDERS, INC., a North Carolina corporation (“Digital”), TWINVISION OF NORTH AMERICA, INC., a North Carolina corporation (“TwinVision” and, together with Digital, the “Borrowers”), DRI CORPORATION, a North Carolina corporation (“Guarantor” and, together with the Borrowers, the “Loan Parties”), and BHC INTERIM FUNDING III, L.P., a Delaware limited partnership (“Lender”), to that certain Loan and Security Agreement dated as of June 30, 2008 (as amended, modified, supplemented or restated from time to time, the “Loan Agreement”) among the Loan Parties and Lender. Terms which are capitalized in this Amendment and not otherwise defined shall have the meanings ascribed to such terms in the Loan Agreement.
SECOND AMENDMENT TO WARRANTDri Corp • November 16th, 2009 • Communications equipment, nec • New York
SECOND AMENDMENT dated effective as of July 1, 2009 (this “Amendment”), between DRI CORPORATION, a North Carolina corporation (“DRI”) and BHC INTERIM FUNDING III, L.P. (“Holder”) to that certain Warrant dated as of June 30, 2008 (as amended, modified, supplemented or restated from time to time, the “Warrant”).
CONSENT AND AMENDMENT NO. 5 TO REVOLVING CREDIT AND SECURITY AGREEMENTRevolving Credit and Security Agreement • November 16th, 2009 • Dri Corp • Communications equipment, nec • New York
THIS CONSENT AND AMENDMENT NO. 5 (this “Agreement”) is entered into as of October 5, 2009, by and between DIGITAL RECORDERS, INC. (“DR”), TWINVISION OF NORTH AMERICA, INC. (“TVna”, collectively with DR, each a “Borrower”, and collectively the “Borrowers”), DRI CORPORATION (“DRI”, DRI and the Borrowers, each a “Loan Party, and collectively, the “Loan Parties”), the financial institutions party hereto (collectively, the “Lenders” and individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).
FIRST AMENDMENT TO THE QUOTA PURCHASE AGREEMENTQuota Purchase Agreement • November 16th, 2009 • Dri Corp • Communications equipment, nec
This FIRST AMENDMENT TO THE QUOTA PURCHASE AGREEMENT, hereinafter referred to simply as the “Amendment”, is entered into this August 31, 2009, by and among:
