FIFTHTEENTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • August 9th, 2023
Contract Type FiledAugust 9th, 2023This FIFTHTEENTH AMENDMENT TO LOAN AGREEMENT (this "Amendment") is made as of the 5th day of July, 2023, by and among MidCap Business Credit LLC, a Texas limited liability company, the secured party hereunder (hereinafter called “Lender”), BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (together with its successors and permitted assigns, “Borrower”), R. L. DRAKE HOLDINGS, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Drake”), and BLONDER TONGUE FAR EAST, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Far East”). Each of Borrower, Drake and Far East are individually referred to herein as a “Loan Party” and individually, collectively, jointly and severally, the “Loan Parties”.