Common Contracts

2 similar Waiver and Amendment Agreement contracts by Proxymed Inc /Ft Lauderdale/

EX-10.53 2 g12581exv10w53.htm EX-10.53 WAIVER AND AMENDMENT AGREEMENT
Waiver and Amendment Agreement • May 5th, 2020 • New York

EXHIBIT 10.53 WAIVER AND AMENDMENT AGREEMENT THIS WAIVER AND AMENDMENT AGREEMENT (“Agreement”) dated as of February 7, 2008, by and between ProxyMed, Inc., a Florida corporation doing business as MedAvant (“Parent”), ProxyMed Transaction Services, Inc. (f/k/a MedUnite, Inc.), a Delaware corporation (“PTS”), ProxyMed Lab Services LLC (f/k/a Key Communications Service, Inc.), a Delaware limited liability company ) (“PLS” and together with Parent and PTS, the “Companies” and each, a “Company”), LV Administrative Services, Inc., as administrative and collateral agent (“Agent”) on behalf of Laurus Master Fund, Ltd., a Cayman Islands company (“Laurus”). BACKGROUND The Companies and Laurus are parties to a Security and Purchase Agreement, dated as of December 6, 2005 (as amended, modified, restated or supplemented from time to time, the “Security Agreement”) pursuant to which Lender provides the Companies with certain financial accommodations. There are various Events of Default that may now

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WAIVER AND AMENDMENT AGREEMENT
Waiver and Amendment Agreement • April 15th, 2008 • Proxymed Inc /Ft Lauderdale/ • Services-computer processing & data preparation • New York

THIS WAIVER AND AMENDMENT AGREEMENT (“Agreement”) dated as of February 7, 2008, by and between ProxyMed, Inc., a Florida corporation doing business as MedAvant (“Parent”), ProxyMed Transaction Services, Inc. (f/k/a MedUnite, Inc.), a Delaware corporation (“PTS”), ProxyMed Lab Services LLC (f/k/a Key Communications Service, Inc.), a Delaware limited liability company ) (“PLS” and together with Parent and PTS, the “Companies” and each, a “Company”), LV Administrative Services, Inc., as administrative and collateral agent (“Agent”) on behalf of Laurus Master Fund, Ltd., a Cayman Islands company (“Laurus”).

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