LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 18th, 2009 • Allied Healthcare Products Inc • Orthopedic, prosthetic & surgical appliances & supplies • Missouri
THIS LOAN AND SECURITY AGREEMENT is made this day of November 17, 2009, by and between ENTERPRISE BANK & TRUST (“Lender”), a Missouri chartered trust company with an office at 150 N. Meramec, Clayton, Missouri 63105; and ALLIED HEALTHCARE PRODUCTS, INC. (“Borrower”), a Delaware corporation with its chief executive office and principal place of business at 1720 Sublette Avenue, St. Louis, Missouri 63110. Capitalized terms used in this Agreement have the meanings assigned to them in Appendix A, General Definitions. Accounting terms not otherwise specifically defined herein shall be construed in accordance with GAAP consistently applied.
REVOLVING CREDIT NOTEAllied Healthcare Products Inc • November 18th, 2009 • Orthopedic, prosthetic & surgical appliances & supplies
This Revolving Credit Note (the “Note") is the Revolving Credit Note referred to in, and is issued pursuant to, that certain Loan and Security Agreement between Borrower and Lender dated the date hereof (hereinafter, as amended from time to time, the “Loan Agreement"), and is entitled to all of the benefits and security of the Loan Agreement. All of the terms, covenants and conditions of the Loan Agreement and the Security Documents are hereby made a part of this Note and are deemed incorporated herein in full. All capitalized terms used herein, unless otherwise specifically defined in this Note, shall have the meanings ascribed to them in the Loan Agreement.
