AMENDED AND RESTATED FINANCING AGREEMENT The CIT Group/Commercial Services, Inc. (as Agent) the Lenders that are parties hereto and G-III Leather Fashions, Inc., J. Percy for Marvin Richards, Ltd. CK Outerwear, LLC A. Marc & Co., Inc. and Andrew &...Financing Agreement • April 8th, 2008 • G Iii Apparel Group LTD /De/ • Apparel & other finishd prods of fabrics & similar matl • New York
WHEREAS, each of G-III Inc., JPMR and CKO (the “Original Companies”) were parties to the that certain Financing Agreement (as amended by letter agreement dated as of August 1, 2005, Amendment No. 2 to Financing Agreement dated as of February 24, 2006, Amendment No. 3 to Financing Agreement dated as of July 26, 2006, Amendment No. 4 to Financing Agreement dated as of March 5, 2007, and as otherwise amended, supplemented or modified prior to the date hereof, the “Original Financing Agreement”) dated as of July 11, 2005 (the “Original Closing Date”) and related agreements and documents pursuant to which CIT and the other Lenders extended to the Original Companies a Revolving Line of Credit in an amount of up to $165,000,000 in the aggregate and a Term Loan in the aggregate amount of $30,000,000; and
