During the Company issued notes payable totaling as a portion of the consideration paid in connection with the Company’s various acquisitions. Interest rates for both notes were with maturities through As of there was outstanding note with a balance of which was paid in

 

 

On the Company entered into a Credit and Security Agreement (the “Credit Agreement”) and signed a revolving credit note payable to the lender. Under the Credit Agreement, the Company is able to borrow up to an aggregate of under revolving loans. Interest on the unpaid outstanding principal amount of any revolving loans is at a rate equal to per annum, provided that the minimum amount of interest paid in the aggregate on all revolving loans granted over the term of the Credit Agreement is Interest is due and payable on the last day of each fiscal quarter in an amount determined by the Company, but less than The Credit Agreement terminates in unless sooner terminated in accordance with the provisions of the Credit Agreement. The Credit Agreement is collateralized by the assets in the Company’s company-owned or managed clinics. The Company is using the credit facility for general working capital needs. As of and the Company had drawn of the available under the Credit Agreement.

 

As of the Company was in compliance with all applicable financial and non-financial covenants under the Credit Agreement.