SEC Contract Filing

Filing Date: 2018-05-15

Document Content:
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<TYPE>EX-10.5.1
<SEQUENCE>3
<FILENAME>tv493844_ex10-5x1.htm
<DESCRIPTION>EXHIBIT 10.5.1
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.5.1</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Final form of </B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REVOLVING CREDIT NOTE</B></P>

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 <TD STYLE="width: 50%; padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">$___________</TD>
 <TD STYLE="width: 50%; padding: 0; font-size: 10pt; text-align: right; text-indent: 0">May 11, 2018</TD></TR>
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 <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</TD>
 <TD STYLE="padding: 0; font-size: 10pt; text-align: right; text-indent: 0">New York, New York</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>FOR VALUE RECEIVED,</B>
each of the undersigned (each, a &ldquo;<U>Borrower</U>&rdquo;, and collectively, the &ldquo;<U>Borrowers</U>&rdquo;) promises
to pay to the order of _____________ (&ldquo;<U>Payee</U>&rdquo;; Payee, together with any other holder hereof, sometimes referred
to herein as the &ldquo;<U>Holder</U>&rdquo;), at the office of Agent (as defined below), located at _______________ or at such
other place located in the United States of America as Payee may from time to time designate to Borrower Representative in writing,
the principal sum of ___________ ($_________), or such lesser amount as may be outstanding under Revolving Advances made pursuant
to the Credit Agreement (defined below), at such time or times as are provided in the Credit Agreement (defined below) and, in
any event, on the last day of the Term, subject to acceleration upon the occurrence of an Event of Default under the Credit Agreement
or earlier termination of the Credit Agreement pursuant to the terms thereof, together with interest on the unpaid principal balance
hereof from the date hereof until the payment in full of this Revolving Credit Note (this &ldquo;<U>Note</U>&rdquo;) at the rate
specified with respect to the Revolving Advances in the Credit Agreement, payable at the times and in the manner provided in the
Credit Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">It is contemplated that
the principal sum evidenced hereby may be reduced from time to time as a result of the repayment of Revolving Advances and that
additional Revolving Advances may be made from time to time but not to exceed the Maximum Revolving Amount, as provided in the
Credit Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">This Note is a &ldquo;Revolving
Credit Note&rdquo; issued to evidence the Revolving Advances being made available by Payee to Borrowers pursuant to the provisions
of the Credit and Security Agreement, dated of even date herewith (herein, as at any time amended, restated, amended and restated,
modified or supplemented, called the &ldquo;<U>Credit Agreement</U>&rdquo;; capitalized terms used herein and not defined herein
having the meanings assigned to them in the Credit Agreement), among Borrowers, the other Loan Parties from time to time party
thereto, the Lenders from time to time party thereto, BANKWELL BANK, a Connecticut state non-member bank, individually, as a Lender
thereunder and as co-syndication agent (&ldquo;<U>Co-Syndication Agent</U>&rdquo;), and WEBSTER BUSINESS CREDIT CORPORATION, a
New York corporation (&ldquo;<U>WBCC</U>&rdquo;), individually, as Lender thereunder and as agent for itself and each other Lender
Party (WBCC, acting in such agency capacity, &ldquo;<U>Agent</U>&rdquo;) to which reference is hereby made for a statement of the
terms, conditions and covenants under which the indebtedness evidenced hereby was made and is to be repaid, including, but not
limited to, those related to voluntary or mandatory prepayment of the indebtedness represented hereby, to the maturity of the indebtedness
represented hereby upon the termination of the Credit Agreement and to the interest rate payable at the times and in the manner
provided in the Credit Agreement. In no event, however, shall interest exceed the maximum interest rate permitted by law. Upon
and after the occurrence of an Event of Default, and during the continuation thereof, interest shall be payable at the Default
Rate.</P>

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