Lifeloc Technologies Inc Watch

from 10-Q 3 pages Amendment No. 3 to Loan Agreement

from 10-K 12 pages Principal Amount: $250,000.00 Account Number: 25-0001103705 Introduction. This Agreement Dated and Effective as of October 29, 2014, Is Entered Into Between Lifeloc Technologies, Inc. (The "Borrower") and Bank of America, N.A. (The "Bank"). the Borrower Agrees to the Following Terms and Conditions: 1. Line of Credit 1.1 Line of Credit Amount. (A) During the Availability Period Described Below, the Bank Will Provide a Line of Credit to the Borrower (The "Line of Credit"). the Amount of the Line of Credit (The "Commitment") Is Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00). (B) This Is a Revolving Line of Credit. During the Availability Period, the Borrower May Repay Principal Amounts and Reborrow Them. (C) the Borrower Agrees Not to Permit the Principal Balance Outstanding to Exceed the Commitment. if the Borrower Exceeds This Limit, the Borrower Will Immediately Pay the Excess to the Bank Upon the Bank's Demand

from 10-K 14 pages Principal Amount: $1,612,981.00 Account Number: 25-0001103705 Introduction. This Agreement Dated and Effective as of October 29, 2014, Is Entered Into Between Lifeloc Technologies, Inc. (The "Borrower") and Bank of America, N.A. (The "Bank"). the Borrower Agrees to the Following Terms and Conditions: 1. Loan 1.5 Prepayments. (A) the Borrower May Prepay the Credit in Full or in Part at Any Time. the Prepayment Will Be Applied to the Most Remote Payment of Principal Due Under This Agreement. (B) Each Prepayment, Whether Voluntary, by Reason of Acceleration or Otherwise, Will Be Accompanied by the Amount of Accrued Interest on the Amount Prepaid, And, if the Prepayment Is Made During a Fixed Interest Rate Period, the Prepayment Fee Described Below