Common use of Amendment to Sections 2 Clause in Contracts

Amendment to Sections 2. 1(a) and 2.1(c). Sections 2.1(a) and 2.1(c) of the Credit Agreement are hereby amended and restated in their entirety to read as follows: (a) Subject at all times to all of the terms and conditions of this Agreement, (i) on the Closing Date in a single borrowing, the Lender extended to the Borrowers a term loan in the principal amount of $15,150,000 (the “Closing Date Term Loan”), (ii) on the Second Amendment Effective Date in a single borrowing, the Lender extended to the Borrowers a term loan in the principal amount of $3,000,000 (the “Add-On Term Loan”), (iii) subject to all the terms and conditions of the Third Amendment (including, without limitation, Section 2.2 therein), on the Third Amendment Effective Date, the Lender will extend to the Borrowers a term loan in the principal amount of $2,500,000 (the “Second Add-On Term Loan”) and (iv) subject to all the terms and conditions of the Third Amendment (including, without limitation, Sections 2.2 and 2.3 therein) and so long as no Event of Default or Default shall have occurred and be continuing on the date of funding thereof or would exist after giving effect to the Third Add-On Term Loan (as defined below), during the Third Add-On Availability Period, the Borrowers may borrow from the Lender, and the Lender will extend to the Borrowers, a term loan in the principal amount of $2,500,000 (the “Third Add-On Term Loan”). The Second Add-On Term Loan shall be borrowed in a single borrowing on the Third Amendment Effective Date, and the Third Add-On Term Loan may be borrowed at the Borrowers option in a single borrowing at any time during the Third Add-On Availability Period. Any principal amounts repaid in respect of the Closing Date Term Loan, the Add-On Term Loan, the Second Add-On Term Loan or the Third Add-On Term Loan may not be reborrowed. Each of the Closing Date Term Loan, the Add-On Term Loan, the Second Add-On Term Loan and the Third Add-On Term Loan shall be due and payable in full on the Termination Date, subject to earlier prepayment as herein provided.”

Amendment to Sections 2. 1(a) and 2.1(c). Sections 2.1(a) and 2.1(c) of the Credit Agreement are hereby amended and restated in their entirety to read as follows: (a) Subject at all times to all of the terms and conditions of this Agreement, (i) on the Closing Date in a single borrowing, the Lender extended to the Borrowers a term loan in the principal amount of $15,150,000 (the “Closing Date Term Loan”), ) and (ii) subject to all the terms and conditions of the Second Amendment (including, without limitation, Section 2.2 therein), on the Second Amendment Effective Date in a single borrowingDate, the Lender extended will extend to the Borrowers a term loan in the principal amount of $3,000,000 (the “Add-On Term Loan”), (iii) subject to all the terms and conditions of the Third Amendment (including, without limitation, Section 2.2 therein), on the Third Amendment Effective Date, the Lender will extend to the Borrowers a term loan in the principal amount of $2,500,000 (the “Second Add-On Term Loan”) and (iv) subject to all the terms and conditions of the Third Amendment (including, without limitation, Sections 2.2 and 2.3 therein) and so long as no Event of Default or Default shall have occurred and be continuing on the date of funding thereof or would exist after giving effect to the Third Add-On Term Loan (as defined below), during the Third Add-On Availability Period, the Borrowers may borrow from the Lender, and the Lender will extend to the Borrowers, a term loan in the principal amount of $2,500,000 (the “Third Add-On Term Loan”). The Second Add-On Term Loan shall be borrowed in a single borrowing on the Third Second Amendment Effective Date, and the Third Add-On Term Loan may be borrowed at the Borrowers option in a single borrowing at any time during the Third Add-On Availability Period. Any principal amounts repaid in respect of the Closing Date Term Loan, the Add-On Term Loan, the Second Add-On Term Loan or the Third Add-On Term Loan may not be reborrowed. Each of the The Closing Date Term Loan, the Add-On Term Loan, the Second Add-On Term Loan and the Third Add-On Term Loan shall be due and payable in full on the Termination Date, subject to earlier prepayment as herein provided.” (c) The Closing Date Term Loan shall be evidenced by the Closing Date Term Note and the Add-On Term Loan shall be evidenced by the Add-On Term Note, each a secured Term Note, as applicable, of the Borrowers payable, jointly and severally, to the Lender or its registered assigns substantially in the form of Exhibit A attached hereto. The terms of the Term Notes are incorporated into this Agreement by this reference.