WAIVER AND AMENDMENT NO. 1 TO THE AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT DATED AS OF OCTOBER 19, 2006 AMONG LASALLE BANK NATIONAL ASSOCIATION, AS A LENDER AND AS AGENT FOR THE LENDERS, THE LENDERS AND COBRA ELECTRONICS CORPORATIONAnd Security Agreement • August 1st, 2007 • Cobra Electronics Corp • Radio & tv broadcasting & communications equipment
THIS WAIVER AND AMENDMENT NO. 1 (this “Amendment”) is made as of the 26th day of July, 2007 to the Amended and Restated Loan and Security Agreement dated October 19, 2006 (as amended from time to time, the “Loan Agreement”); unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in the Loan Agreement among Cobra Electronics Corporation (“Borrower”), LaSalle Bank National Association as agent (“Agent”) for itself (in its individual capacity, “LaSalle”) and the other Lenders from time to time party thereto.
