SEC Contract Filing

Filing Date: 2018-07-05

Document Content:
<DOCUMENT>
<TYPE>EX-10.89
<SEQUENCE>2
<FILENAME>exhibit10-89.htm
<DESCRIPTION>EXHIBIT 10.89
<TEXT>
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<HEAD>
 <TITLE>Net 1 UEPS Technologies, Inc.: Exhibit 10.89 - Filed by newsfilecorp.com</TITLE>
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<P align=right><B>Exhibit 10.89 <BR></B></P>
<P align=center><B>REVOLVING CREDIT FACILITY <BR>AGREEMENT </B></P>
<P align=center>between </P>
<P align=center><B>DNI-4PL CONTRACTS PROPRIETARY LIMITED <BR></B>(as Borrower)
</P>
<P align=center>and </P>
<P align=center><B>FIRSTRAND BANK LIMITED <BR></B><B>(ACTING THROUGH ITS RAND
MERCHANT BANK DIVISION)<BR></B>(as Lender and Agent) </P>
<P align=center>and </P>
<P align=center><B>K2018318388 (SOUTH AFRICA) (RF) PROPRIETARY LIMITED</B><B>
<BR></B>(as Debt Guarantor) </P>
<P align=right><IMG src="exhibit10-89x1x1.jpg" border=0> </P>
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<P align=center><B>TABLE OF CONTENTS</B> </P>
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style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_4"><B>1</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A
 href="#page_4"><B>PARTIES</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_4"><B>1</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_4"><B>2</B> </A></TD>
 <TD align=left width="85%"><A href="#page_4"><B>DEFINITIONS AND
 INTERPRETATION</B> </A></TD>
 <TD align=right width="10%"><A href="#page_4"><B>1</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_27"><B>3</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A href="#page_27"><B>THE
 FACILITY</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_27"><B>24</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_28"><B>4</B> </A></TD>
 <TD align=left width="85%"><A href="#page_28"><B>PURPOSE</B> </A></TD>
 <TD align=right width="10%"><A href="#page_28"><B>25</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_28"><B>5</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A
 href="#page_28"><B>CONDITIONS OF UTILISATION</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_28"><B>25</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_29"><B>6</B> </A></TD>
 <TD align=left width="85%"><A href="#page_29"><B>UTILISATION</B> </A></TD>
 <TD align=right width="10%"><A href="#page_29"><B>26</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_30"><B>7</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A
 href="#page_30"><B>REPAYMENT</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_30"><B>27</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_31"><B>8</B> </A></TD>
 <TD align=left width="85%"><A href="#page_31"><B>PREPAYMENT AND
 CANCELLATION</B> </A></TD>
 <TD align=right width="10%"><A href="#page_31"><B>28</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_37"><B>9</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A
 href="#page_37"><B>INTEREST</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_37"><B>34</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_38"><B>10</B> </A></TD>
 <TD align=left width="85%"><A href="#page_38"><B>INTEREST PERIODS</B>
 </A></TD>
 <TD align=right width="10%"><A href="#page_38"><B>35</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_39"><B>11</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A href="#page_39"><B>CHANGES
 TO THE CALCULATION OF INTEREST</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_39"><B>36</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_40"><B>12</B> </A></TD>
 <TD align=left width="85%"><A href="#page_40"><B>FEES</B> </A></TD>
 <TD align=right width="10%"><A href="#page_40"><B>37</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_41"><B>13</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A
 href="#page_41"><B>EXTENSION</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_41"><B>38</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_42"><B>14</B> </A></TD>
 <TD align=left width="85%"><A href="#page_42"><B>TAX GROSS UP AND
 INDEMNITIES</B> </A></TD>
 <TD align=right width="10%"><A href="#page_42"><B>39</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_45"><B>15</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A href="#page_45"><B>INCREASED
 COSTS</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_45"><B>42</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_46"><B>16</B> </A></TD>
 <TD align=left width="85%"><A href="#page_46"><B>OTHER INDEMNITIES</B>
 </A></TD>
 <TD align=right width="10%"><A href="#page_46"><B>43</B> </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left bgColor=#eeeeee><A href="#page_47"><B>17</B> </A></TD>
 <TD align=left width="85%" bgColor=#eeeeee><A
 href="#page_47"><B>MITIGATION BY THE FINANCE PARTIES</B> </A></TD>
 <TD align=right width="10%" bgColor=#eeeeee><A href="#page_47"><B>44</B>
 </A></TD></TR>
 <TR vAlign=top>
 <TD width="10%" align=left><A href="#page_48"><B>18</B> </A></TD>
 <TD align=left width="85%"><A href="#page_48"><B>COSTS AND EXPENSES</B>
 </A></TD>
 <TD align=right width="10%"><A href="#page_48"><