AMENDMENT NUMBER EIGHT TO CREDIT AGREEMENTCredit Agreement • August 16th, 2010 • Teltronics Inc • Telephone & telegraph apparatus
This Amendment Number Eight to Credit Agreement (“Amendment”) is entered into as of August 13, 2010, by and among the lenders identified on the signature pages hereof (such lenders, together with their respective successors and permitted assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”), and WELLS FARGO CAPITAL FINANCE, INC., a California corporation, formerly known as Wells Fargo Foothill, Inc., as the arranger and administrative agent for the Lenders (in such capacity, together with its successors and assigns in such capacity, “Agent”), on the one hand, and TELTRONICS, INC., a Delaware corporation (“Borrower”), on the other hand, with reference to the following facts:
