Note

Note. Shall mean the promissory note as amended as of the date hereof in the principal amount of $4,962,105.63 and any amendments, extensions, renewals, modifications, or substitutions thereof or therefor in effect at any particular time.

Note. Means each promissory note or instrument now or hereafter evidencing the Loans.

Note. Shall have the meaning set forth for that term in Paragraph B of the Recitals of this Agreement.

Note. Means the Promissory Note and Pledge Security Agreement dated December 29, 2007 in the original principal amount of $13,500,000 made by Tactical Holdings, Inc. in favor of Secured Party, as the same may be amended, restated, supplemented or modified from time to time in accordance with its terms.

Note. That certain Senior Subordinated due February 15, 2009 in the principal amount of $250,000

Note. Together with the Initial Note, the "Note"

Note. That certain Senior Subordinated due January 31, 2009 in the principal amount of $250,000

Note. Each Revolving Note, Original Term Loan Note, Term Loan Note, Increased Term Loan Note or other promissory note executed by the Borrowers, to evidence any Obligations.

Note. Shall mean this Demand TD Promissory Note.

Note. Or "Notes" means those certain 5% Secured Convertible Promissory Notes issued pursuant to the Subscription Agreements.