ANI PHARMACEUTICALS, INC., ANIP ACQUISITION COMPANY, as Borrowers and ANIP PARTNER, LLC, AP EUROPEAN HOLDINGS, LLC, ANIP CO-OP, LLC, as Guarantors LOAN AND SECURITY AGREEMENT Dated: May 12, 2016 CITIZENS BUSINESS CAPITAL, A division of Citizens Asset...Loan and Security Agreement • August 4th, 2016 • Ani Pharmaceuticals Inc • Pharmaceutical preparations • New York
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) is made as of this 12th day of May, 2016, by and among CITIZENS BUSINESS CAPITAL, a division of Citizens Asset Finance, Inc., a New York corporation (“Citizens”), individually as a Lender, as administrative agent (in such capacity, “Administrative Agent”) for itself and any other financial institution which is or becomes a party hereto as a lender in accordance with the terms hereof (each such financial institution, including Citizens, is referred to hereinafter individually as a “Lender” and collectively as the “Lenders”), and as collateral agent (in such capacity, “Collateral Agent”) for the Lenders, the Lenders and ANI Pharmaceuticals, Inc., a Delaware corporation (“Parent”), and its Subsidiary, ANIP Acquisition Company, a Delaware (“ANIP”, and together with Parent, jointly and severally, individually a “Borrower” and collectively “Borrowers”), and the following Subsidiaries of the Borrowers, as guarantors: ANIP Partner, LLC, a Del
