REVOLVING CREDIT NOTERevolving Credit Note • May 26th, 2011 • Kensey Nash Corp • Surgical & medical instruments & apparatus
FOR VALUE RECEIVED, KENSEY NASH CORPORATION, a Delaware corporation (the “Borrower”), hereby promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION (the “Lender”) on the Revolving Credit Termination Date, the principal amount of THIRTY FIVE MILLION DOLLARS ($35,000,000) or, if less, the aggregate outstanding principal under the Revolving Credit Facility extended under the Loan and Agency Agreement of even date herewith (as such agreement may be amended or modified, the “Loan Agreement”) by and among Borrower, the Lender and the other banks listed on the signature pages thereof and Wells Fargo Bank, National Association, its successors and assigns, as Administrative Agent (the “Administrative Agent”). Terms capitalized but not defined herein shall have the meanings given to them respectively in the Loan Agreement. This Note is one of the Revolving Credit Notes referred to in the Loan Agreement, and reference is made to the Loan Agreement for a statement of the terms and
LOAN AND AGENCY AGREEMENT Dated as of May 26, 2011 Between KENSEY NASH CORPORATION, as Borrower THE LENDERS referred to herein, as Lenders and WELLS FARGO BANK, NATIONAL ASSOCIATION as Administrative AgentLoan and Agency Agreement • May 26th, 2011 • Kensey Nash Corp • Surgical & medical instruments & apparatus • New York
THIS LOAN AND AGENCY AGREEMENT (this “Agreement”), dated as of May 26, 2011, is between KENSEY NASH CORPORATION, a Delaware corporation (the “Borrower”), the Lenders (as defined below) which are parties hereto from time to time, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”).
