SENIOR SECURED REVOLVING CREDIT FACILITY AGREEMENTCredit Facility Agreement • October 31st, 2013 • Green Innovations Ltd. • Wholesale-paper & paper products • Nevada
This SENIOR SECURED REVOLVING CREDIT FACILITY AGREEMENT (as amended, restated, modified or supplemented from time to time, this “Agreement”), dated as of August 31, 2013 and effective as of October 24, 2013 (the “Closing Date”), is executed by and among (i) GREEN INNOVATIONS, LTD., a corporation incorporated under the laws of the State of Nevada (the “Borrower”), (ii) GREEN HYGIENICS, INC., a corporation incorporated under the laws of the State of Florida, and any entity which becomes a Subsidiary of the Borrower pursuant to Section 3.4 following the date hereof (together, jointly and severally, the “Guarantors” and together with the Borrower, the “Credit Parties”), and (iii) TCA GLOBAL CREDIT MASTER FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands, as lender (the “Lender”).
REVOLVING CONVERTIBLE PROMISSORY NOTEConsent and Agreement • October 31st, 2013 • Green Innovations Ltd. • Wholesale-paper & paper products
FOR VALUE RECEIVED, GREEN INNOVATIONS LTD., a corporation incorporated under the laws of the State of Nevada, whose address is 316 Del Prado Blvd. South, Suite 204, Cape Coral, FL 33990 (the “Borrower”), promises to pay to the order of TCA GLOBAL CREDIT MASTER FUND, LP (hereinafter, together with any holder hereof, “Lender”), whose address is 1404 Rodman Street, Hollywood, Florida 33020, on or before the six (6) month anniversary of the Effective Date or such later date as agreed upon after the date hereof in a signed writing by the Lender (the “Revolving Loan Maturity Date”), the lesser of: (i) One Million Seven Hundred Fifty Thousand and No/100 United States Dollars (US$1,750,000); or (ii) the aggregate principal amount outstanding under and pursuant to that certain senior secured revolving credit facility agreement, dated as of August 31, 2013 and effective as of October 24, 2013, executed by and among the Borrower, as borrower, Green Hygienics, Inc., as guarantor, and the Lender, a
