CREDIT AND SECURITY AGREEMENT by and among TRANS-LUX CORPORATION, TRANS-LUX DISPLAY CORPORATION, TRANS-LUX MIDWEST CORPORATION, TRANS-LUX ENERGY CORPORATION, AND ANY ADDITIONAL ENTITY THAT MAY HEREAFTER BE ADDED AS A BORROWER each a Borrower, and...Credit and Security Agreement • July 13th, 2016 • TRANS LUX Corp • Miscellaneous manufacturing industries • New York
THIS CREDIT AND SECURITY AGREEMENT (the “Agreement”) dated as of July 12, 2016, is entered into by and among TRANS-LUX CORPORATION, a Delaware corporation (“Trans-Lux”), TRANS-LUX DISPLAY CORPORATION, a Delaware corporation (“TDC”), TRANS-LUX MIDWEST CORPORATION, an Iowa corporation (“TMC”), TRANS-LUX ENERGY CORPORATION, a Connecticut corporation (“TEC”), and any additional borrower that may hereafter be added to this Agreement (together with Trans-Lux, TDC, TMC, and TEC, individually as a “Borrower,” and collectively as “Borrowers”), and SCM SPECIALTY FINANCE OPPORTUNITIES FUND, L.P., a Delaware limited partnership (the “Lender”).
