EX-10.7
from 8-K
18 pages
Credit Agreement $5,500,000 Credit Facility by and Among Elandia, Inc., a Delaware Corporation “Borrower” and Stanford International Bank Ltd., an Antiguan Banking Corporation “Lender” Dated as of October 2, 2007 Credit Agreement
12/34/56
EX-10.1
from 8-K
18 pages
Credit Agreement $5,000,000 Credit Facility by and Among Desca Holding, LLC, a Delaware Limited Liability Company “Borrower” and Elandia, Inc., a Delaware Corporation “Lender” Dated as of October 2, 2007 Credit Agreement
12/34/56
EX-10.46
from 10-K
2 pages
Amerika Samoa Bank 17 April, 2007 Mr M Rollins Chief Financial Officer Elandia, Inc. 1500 Cordova Road, Suite 312 Fort Lauderdale, Fl 33316 U.S.A. Dear Mr Rollins Notice of Event of Default- Ast Telecom, LLC (And Parent) I Refer to Our Loan Documentation Dated 30 October 2006. the Following Events of Default Has Occurred and the Bank Is Entitled to Exercise the Rights Given to It Upon Default: • the Interest Cover Ratio to Be No Less Than 1.50 Times. Calculated As: Ebit Interest Expense Based on the Audited Financial Statements for the Year Ended 31 December 2006, the Above Covenant Was Breached, With Calculation as Follows: (2,088) 743 = (2.81) • the Debt Service Cover to Be No More Than 2.50 to 1. Calculated As: Total Debt EBITDA Based on the Audited Financial Statements for the Year Ended 31 December 2006, the Above Covenant Was Breached, With Calculation as Follows: 5,013 1,882 = 2.66:1 • the Current Ratio to Be No Less Than 1.00 to 1. Calculated As: Current Assets Current Liabilities Based on the Audited Financial Statements for the Year Ended 31 December 2006, the Above Covenant Was Breached, With Calculation as Follows: 11,229 19,622 = 0.57:1
12/34/56
EX-10.4
from 8-K
33 pages
Credit Agreement $20,000,000 Credit Facility by and Among as Borrowers: Latin Node, Inc., a Florida Corporation; Latin Node, LLC, a Florida Limited Liability Company; Latinode Communications Corporation, a Florida Corporation; Nsite Software, LLC, a Florida Limited Liability Company; Tropical Star Communications, Inc., a Florida Corporation; Ts Telecommunications, Inc., a Florida Corporation; Total Solutions Telecom, Inc., a Florida Corporation; as Guarantors: Crossfone Honduras S.A., a Honduran Corporation; Crossfone Europe, Gmbh, a German Company; Latin Node Europe, Gmbh, a German Company; Ln Comunicaciones S.A., a Guatemalan Corporation; Crossfone Colombia S.A., E.S.P. a Colombian Corporation; Crossfone Mexico, S.A. De C.V., a Mexican Corporation; and Crossfone Nicaragua S.A., a Nicaraguan Corporation; And, as Lender, Elandia, Inc., a Delaware Corporation Dated as of February 16, 2007 Credit Agreement
12/34/56
EX-10.1
from 8-K
30 pages
Credit Agreement $3,000,000 Credit Facility by and Among Latin Node, Inc., a Florida Corporation, Latin Node, LLC, a Florida Limited Liability Company, Latinode Communications Corporation, a Florida Corporation, Nsite Software, LLC, a Florida Limited Liability Company, Tropical Star Communications, Inc., a Florida Corporation, Ts Telecommunications, Inc., a Florida Corporation, Total Solutions Telecom, Inc., a Florida Corporation, Crossfone Honduras S.A., a Honduras Corporation, Latin Node Europe, Gmbh, a German Corporation, Collectively, “Borrower” and Elandia, Inc., “Lender” Dated as of February 5, 2007 Credit Agreement
12/34/56