AMENDED AND RESTATED LOAN AGREEMENT BetweenLoan Agreement • November 4th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
THIS AMENDED AND RESTATED LOAN AGREEMENT (the “Loan Agreement”) will serve to set forth the terms of the financing transactions by and between CRAFTMADE INTERNATIONAL, INC., a Delaware corporation (“Borrower”), and THE FROST NATIONAL BANK, a national banking association (“Lender”). Borrower and Lender entered into a Loan Agreement, dated November 6, 2001, as amended by a First Amendment to Loan Agreement, dated effective as of August 13, 2003, as modified by a Modification, Renewal and Extension Agreement, entered into October 27, 2003, as further amended by a Second Amendment to Loan Agreement, dated June 14, 2004, as further amended by a Third Amendment to Loan Agreement, dated February 25, 2005, and as further amended by a Modification, Renewal and Extension Agreement, dated effective as of May 31, 2005. Lender has agreed to modify, renew and extend the Borrowing Base Line of Credit (hereinafter defined), the terms and conditions which are set forth in this Loan Agreement.
MODIFICATION, RENEWAL AND EXTENSION AGREEMENTModification, Renewal and Extension Agreement • November 4th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
THIS MODIFICATION, RENEWAL AND EXTENSION AGREEMENT (“Agreement”) is entered into effective as of the 31st day of October, 2005, by and between THE FROST NATIONAL BANK, a national banking association (“Lender”), and CRAFTMADE INTERNATIONAL, INC., a Delaware corporation (“Borrower”).
