AMENDMENT NO. 1 Dated as of May 20, 2015 to SECOND AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT Dated as of May 11, 2015Credit and Security Agreement • May 20th, 2015 • GWG Life, LLC • Life insurance • New York
THIS AMENDMENT NO. 1 (this “Amendment”) dated as of May 20, 2015, is entered into by and among GWG DLP FUNDING II, LLC, a Delaware limited liability company, as a Borrower (“GWG DLP II” or, a “Borrower”), GWG DLP FUNDING III, LLC, a Delaware limited liability company, as a Borrower (a “Borrower” and together with GWG DLP II, the “Borrowers”), GWG LIFE, LLC, a Delaware limited liability company (formerly known as GWG Life Settlements, LLC), as the Seller and as the Master Servicer (“GWG Life”), GWG HOLDINGS, INC., a Delaware corporation, as the Performance Guarantor (“GWG Holdings”), AUTOBAHN FUNDING COMPANY LLC, a Delaware limited liability company, as the Conduit Lender (the “Conduit Lender”), and DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK (“DZ Bank”), as the Committed Lender (together with the Conduit Lender, collectively, the “Lenders”) and as the Agent (in such capacity, the “Agent”).
