Common use of Existing Default Clause in Contracts

Existing Default. The Credit Parties have failed to maintain the Minimum Trailing Three-Month Net Originations required by the Loan Agreement and the other Loan Documents as of the last Business Day of the calendar month ended January 31, 2026, resulting in the occurrence of a Default and/or Event of Default under the Loan Agreement (and the other Loan Documents) (the “Existing Default”). Katapult - Limited Waiver

Existing Default. The Credit Parties have failed to maintain the Minimum Trailing Three-Month Net Originations required by the Loan Agreement and the other Loan Documents as of the last Business Day of the calendar month ended January December 31, 20262025, resulting in the occurrence of a Default and/or Event of Default under the Loan Agreement (and the other Loan Documents) (the “Existing Default”). Katapult - Limited Waiver.