LOAN AND SECURITY AGREEMENT Dated as of October 30, 2015 Among Great Rock Capital Partners Management, LLC, as Agent, The Lenders From Time to Time Party Hereto, as Lenders, Sypris Solutions, Inc. Sypris Data Systems, Inc. Sypris Electronics, LLC...Loan and Security Agreement • November 3rd, 2015 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control • New York
This Loan and Security Agreement (as it may be amended, restated or otherwise modified from time to time, this “Agreement”) is entered into as of October 30, 2015 among (1) Great Rock Capital Partners Management, LLC, as administrative agent for the Lenders (in such capacity, together with its successors and assigns, if any, in such capacity, “Agent”), (2) the lenders from time to time party hereto (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”) (3) Sypris Solutions, Inc., a Delaware corporation (“Solutions”), Sypris Data Systems, Inc., a Delaware corporation (“Systems”), Sypris Electronics, LLC, a Delaware limited liability company (“Electronics”), Sypris Technologies, Inc., a Delaware corporation (“Technologies”), Sypris Technologies International, Inc., a Delaware corporation (“International”), Sypris Technologies Kenton, Inc., a Delaware corporation (“Kenton”), Sypris Technologies Marion, LLC, a Delaware limited l
AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Dated as of October 30, 2015 among Siena Lending Group LLC, as Lender, and Sypris Solutions, Inc. Sypris Data Systems, Inc. Sypris Electronics, LLC Sypris Technologies, Inc. Sypris Technologies...Loan and Security Agreement • November 3rd, 2015 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control • New York
Weekly (no later than the 2nd Business Day of each week), but in any event no later than the date of each Loan made or more frequently if Lender requests (a) a detailed aging, by total, of Borrower’s Accounts, together with an Account roll-forward with supporting details supplied from sales journals, collection journals, credit registers and any other records, with respect to Borrower’s Accounts (delivered electronically in an acceptable format).
