Exhibit 10.7


 


REVOLVING NOTE


 


$5,000,000.00


 


New York, New York


 


December 23, 2016


 


FOR VALUE RECEIVED,
the undersigned hereby promises to pay to the order of KEYBANK NATIONAL ASSOCIATION or its registered assigns (the “Lender”),
in lawful money of the United States of America in immediately available funds, at 660 White Plains Road, 2nd Floor, Tarrytown,
NY 10591, the principal amount of all unpaid and outstanding Advances with respect to the Revolving Loans (as such term and each
other capitalized term used herein are defined in the Agreement hereinafter referred to) with interest on the unpaid principal
balance hereof from time to time outstanding at said office until paid at the rates and at the times provided in the Agreement.


 


This Revolving Note
(as amended, restated, supplemented or otherwise modified from time to time, this “Note”) is the Revolving
Note referred to in the Credit Agreement, dated as of December 23, 2016, between, the undersigned and the Lender (as amended, restated,
modified and/or supplemented from time to time, the “Agreement”) and is entitled to the benefits thereof
and of the other Loan Documents. This Note is secured by and entitled to the benefits of the Security Agreement. As provided in
the Agreement, this Note is subject to voluntary prepayment and mandatory repayment prior to the Termination Date, in whole or
in part.


 


Requests for Advances
hereunder may be made in accordance with the terms and conditions of the Agreement. The Lender may enter in its business records
and/or on the grid attached hereto (the “Grid”) the amount of each Advance made hereunder. The Lender’s
records of each such Advance shall, in the absence of manifest error, be conclusively binding upon the Borrower. In the event the
Lender provides confirmation of the terms of any Advance to the Borrower, the Borrower agrees that unless the Lender receives a
written notification of exceptions to such confirmatory statement or notice within three (3) Business Days after such confirmatory
statement or notice is mailed or otherwise provided in writing to the Borrower, the confirmation shall be deemed an account stated,
correct, acceptable and conclusively binding upon the Borrower.


 


In case
an Event of Default shall occur and be continuing, the principal of and accrued interest on this Note may be declared to be due
and payable in the manner and with the effect provided in the Agreement.


 


The
liability of the Borrower shall be unconditional without regard to the liability of any other party and shall not be in any
manner affected by any indulgence whatsoever granted or consented to by the Lender, including, without limitation, any
release of any other party, extension of time, renewal, waiver or other modification. Any forbearance, failure, or delay by
the Lender in exercising any right, power or remedy under this Note or under applicable law shall not be deemed to be a
waiver of such right, power or remedy, nor shall any single or partial exercise of any right, power or remedy preclude the
further exercise thereof.


 


The undersigned hereby waives presentment,
demand, protest or notice of any kind in connection with this Note.


 


THIS NOTE SHALL BE CONSTRUED
IN ACCORDANCE WITH AND BE GOVERNED BY THE LAW OF THE STATE OF NEW YORK (WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES).


 


[Signature
Page to Follow]


 




     

     


    

  





	 	NYM HOLDING, INC.
	 	 	 
	 	By:	/s/
    Mei Deng
	 	Name:	
    Mei Deng
	 	Title:	Authorized Signatory






 


 




 





[Signature Page to Revolver Note]


 








     

     


    

 


GRID


 





	Advance No.	 	Date of Advance	 	Principal Advance Amount
	1	 	 	 	 
	2	 	 	 	 
	3	 	 	 	 
	4