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INTERMEDIX HOLDINGS INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2010 $14.5 million was outstanding at December 31, 2010 ($10.0 million was drawn to fund a portion of the Merger). The Senior Credit Facility also provides a swing line loan commitment (the Swing Line Facility) which expires August 23, 2015, under which there were no borrowings outstanding at December 31, 2010, and provisions for the issuance of commercial and standby letters of credit (LOCs) on behalf of the Company, none of which were issued or outstanding at December 31, 2010. Borrowings under the Swing Line Facility, together with outstanding LOCs, reduce available borrowings under the Revolving Credit Facility and each are subject to a $10.0 million sublimit. All borrowings outstanding under the Swing Line Facility or amounts drawn pursuant to LOCs are to be repaid no later than five business days prior to the expiration of the Revolving Credit Facility. Borrowings under the Senior Credit Facility are secured by substantially all of the assets of the Company and its subsidiaries including all of the Company's outstanding capital stock. The Senior Credit Facility limits the Company's ability to dispose of assets, incur additional indebtedness or contingent obligations, prepay the subordinated debt, engage in mergers or consolidations, suffer additional liens, or engage in certain transactions with affiliates. The Senior Credit Facility contains various customary covenants requiring that the Company comply with certain specified financial ratios and tests. The Company was in compliance with all covenants at December 31, 2010. Interest and other fees Borrowings under the Senior Credit Facility bear interest, at the Company's option, at an applicable fixed margin over the lender's base rate or LIBOR. The interest rate on LIBOR borrowings may be fixed for periods ranging from one to six months or, with the consent of all relevant lenders, nine or twelve months thereafter. LIBOR rates are set at the greater of the quoted rate or 1.75 %. Upon the consummation of the Merger and the disbursement of funds pursuant to the Senior Credit Facility, a closing date funding fee was incurred in the amount of 2.0% of the combined Term Loan and Revolving Credit Facility principal commitment. The Company pays an annual administrative fee of $0.1 million and an unused commitment fee associated with the Revolving Portion of the Facility (see discussion below). Mandatory and other prepayments The Senior Credit Facility permits prepayments by the Company at any time in whole or in part without premium or penalty. The Company must make mandatory repayments with the occurrence of specified events such as receipt of major casualty proceeds, proceeds from the sale of debt or equity securities or proceeds from asset dispositions which are not otherwise reinvested in the business or used for acquisitions or investments as such are permitted in the Facility. Provided below is a detailed discussion of each component of the Senior Credit Facility. 21 (Continued)