ContractNew York • May 5th, 2020
Jurisdiction FiledMay 5th, 2020<DOCUMENT> <TYPE>EX-10.1 <SEQUENCE>3 <FILENAME>d37770exv10w1.txt <DESCRIPTION>FINANCING AGREEMENT <TEXT> <PAGE> Exhibit 10.1 FINANCING AGREEMENT THE CIT GROUP/COMMERCIAL SERVICES, INC. (AS LENDER) AND CROWN CRAFTS, INC., CHURCHILL WEAVERS, INC., HAMCO, INC. AND CROWN CRAFTS INFANT PRODUCTS, INC. (AS BORROWERS) DATED: JULY 11, 2006 <PAGE> TABLE OF CONTENTS <TABLE> <CAPTION> PAGE ---- <S> <C> SECTION 1. DEFINITIONS ................................................. 1 1.1 DEFINED TERMS ................................................... 1 SECTION 2. CONDITIONS PRECEDENT ........................................ 18 2.1 CONDITIONS PRECEDENT TO INITIAL FUNDING ......................... 18 SECTION 3. REVOLVING LOANS AND COLLECTIONS ............................. 20 3.1 FUNDING CONDITIONS AND PROCEDURES ............................... 20 3.2 HANDLING OF PROCEEDS OF COLLATERAL; CASH DOMINION ............... 21 3.3 REVOLVING LOAN ACCOUNT .......................................... 22 3.4 REPAYMENT O