CREDIT AND SECURITY AGREEMENT BY AND BETWEEN WATERS INSTRUMENTS, INC. AND WELLS FARGO BUSINESS CREDIT, INC.Credit and Security Agreement • November 15th, 2004 • Waters Instruments Inc • Power, distribution & specialty transformers • Minnesota
WATERS INSTRUMENTS, INC., a Minnesota corporation (the “Borrower”), and WELLS FARGO BUSINESS CREDIT, INC., a Minnesota corporation (the “Lender”), hereby agree as follows:
