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AMENDMENT NO. 11 TO CREDIT AGREEMENT

Loan Agreement

AMENDMENT NO. 11 TO CREDIT AGREEMENT | Document Parties: MARSHALL & ILSLEY BANK | WMLAND ELECTRONICS, INC You are currently viewing:
This Loan Agreement involves

MARSHALL & ILSLEY BANK | WMLAND ELECTRONICS, INC

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Title: AMENDMENT NO. 11 TO CREDIT AGREEMENT
Governing Law: Wisconsin     Date: 7/25/2008
Industry: Scientific and Technical Instr.     Sector: Technology

AMENDMENT NO. 11 TO CREDIT AGREEMENT, Parties: marshall & ilsley bank , wmland electronics  inc
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AMENDMENT NO. 11

 TO

CREDIT AGREEMENT

 

 

THIS AMENDMENT NO. 11 is entered into effective as   of the 30 th  day of June, 2008, by and between WMLAND ELECTRONICS, INC., a Minnesota corporation (the "Borrower") and M&I MARSHALL & ILSLEY BANK, a banking corporation organized and existing under the laws of Wisconsin ("Bank").

 

WHEREAS, Borrower and the Bank have entered into that certain Credit and Security Agreement dated as of June 30, 2003, as amended (the "Credit Agreement") pursuant to which Bank has agreed to provide a revolving credit facility to Borrower on the terns and conditions contained therein, and

WHEREAS, Borrower and Bank desire to amend certain provisions of the Credit Agreement.

 

NOW, THEREFORE, Bank and Borrower hereby agree as follows:

 

1.  Certain Definitions. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Credit Agreement.

 

2.  Maturity Date. The definition of "Maturity Date" as set forth in Section 1.1 of the Credit Agreement is hereby amended by dele


 
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