ContractLoan Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020<DOCUMENT> <TYPE>EX-10.14 <SEQUENCE>3 <FILENAME>dex1014.txt <DESCRIPTION>1ST AMND. TO 2ND AMENDED & RESTATED LOAN AGMT. <TEXT> <PAGE> EXHIBIT 10.14 FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT This First Amendment to Second Amended and Restated Loan Agreement is dated as of December 31, 2001, (the "Amendment") and is by and among Whitney National Bank ("Lender"), a national banking association, and Conrad Shipyard, L.L.C. ("Borrower"), a Louisiana limited liability company, and Orange Shipbuilding Company, Inc. ("Orange"), a Texas corporation, and Conrad Industries, Inc.("Conrad "), a Delaware corporation, (with Orange and Conrad collectively referred to as "Guarantor"). WITNESSETH: WHEREAS, Lender, Conrad Shipyard, Inc. and Orange entered into a Loan Agreement, dated as of March 19, 1998, which provided for a term loan in the sum of Twenty-Five Million and No/100 ($25,000,000.00) Dollars (the "Initial Loan Agreement"); WHEREAS, Lender, Conrad Shipyard, Inc., Orange an