SEC Contract Filing

Filing Date: 2020-04-20

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm2016261d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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10.1</P>

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<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><B>PROMISSORY NOTE</B></P>

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 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Principal</B></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>$4,780,600.00</B></P></TD>
 <TD STYLE="vertical-align: bottom; text-align: center; width: 12%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid">
 <P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Loan Date</B></P>
 <P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>04-14-2020</B></P></TD>
 <TD STYLE="vertical-align: bottom; text-align: center; width: 11%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid">
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Maturity</B></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>04-14-2022</B></P></TD>
 <TD STYLE="vertical-align: bottom; text-align: center; width: 17%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.75pt; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>CL Transaction No</B></FONT></TD>
 <TD STYLE="vertical-align: bottom; text-align: center; width: 26%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid">
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Product</B></P>
 <P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>SBA Paycheck Protection</B></P></TD>
 <TD STYLE="vertical-align: bottom; text-align: center; width: 18%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 10.05pt; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Loan Account No</B></FONT></TD></TR>
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 <TD COLSPAN="6" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid">
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 28.65pt 0pt 26.4pt; text-align: center">References in the boxes
 above are for Lender's use only and do not limit the applicability of this document to any particular loan or item.</P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 28.65pt 0pt 26.15pt; text-align: center">Any item above containing
 &quot;***&quot; has been omitted due to text length limitations.</P></TD></TR>
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 <TD STYLE="width: 9%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Borrower:</B></FONT></TD>
 <TD STYLE="width: 50%">
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Accelerate Diagnostics, Inc.</B></P>
 <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">3950 South Country Club, Suite 470</P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Tucson, AZ 85714</B></P></TD>
 <TD STYLE="width: 9%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Lender:</B></FONT></TD>
 <TD STYLE="width: 32%">
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Zions Bancorporation, N.A. dba National Bank of Arizona</B></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Business Lending Solutions <BR>
6001 N 24th Street <BR>
Phoenix, AZ
 85016</B></P></TD></TR>
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 <TD STYLE="width: 33%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Principal Amount:&nbsp;&nbsp;&nbsp;$4,780,600.00</B></FONT></TD>
 <TD STYLE="text-align: center; width: 34%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Interest Rate: &nbsp;1.000%</B></FONT></TD>
 <TD STYLE="text-align: right; width: 33%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Date of Note: April 14, 2020</B></FONT></TD></TR>
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