LOAN AND SECURITY AGREEMENT ("Agreement")Loan and Security Agreement • January 17th, 2023 • Salona Global Medical Device Corp • Surgical & medical instruments & apparatus
This Agreement dated January 13, 2023, is an agreement among PATHWARD, NATIONAL ASSOCIATION ("Pathward"), DAMAR PLASTICS MANUFACTURING, INC., a California corporation ("Damar Plastics"), MIO-GUARD LLC, a Delaware limited liability company ("Mio-Guard"), and SIMBEX LLC, a Delaware limited liability company ("Simbex"; together with Damar Plastics and Mio-Guard, individually and collectively and jointly and severally, the "Borrower"), and (ii) Salona Global Medical Device Corporation, a corporation organized under the laws of British Columbia ("Canadian Parent"), (ii) Inspira Financial Company, a Washington corporation ("Inspira"), (iii) Mio-Tech Parent LLC, a Delaware limited liability company ("Mio-Tech Parent"), (iv) Simbex Parent Acquisition I Corporation, a Delaware limited liability company ("Simbex Parent Acquisition"), (v) Simbex Acquisition I Corporation, a Delaware corporation ("Simbex Acquisition"), and (vi) Damar Acquisition Company, a Delaware corporation ("Damar Acquisition"
