Amended and Restated Committed Line Of Credit Note (LIBOR) $125,000,000.00 December 18, 2013Committed Line of Credit Note • December 19th, 2013 • Healthcare Services Group Inc • Services-to dwellings & other buildings
FOR VALUE RECEIVED, HEALTHCARE SERVICES GROUP, INC., HUNTINGDON HOLDINGS, INC. and HCSG STAFF LEASING SOLUTIONS, LLC (individually and collectively, the “Borrower”), with an address at 3220 Tillman Drive, Glenview Corporate Center, Suite 300, Bensalem, PA 19020, jointly and severally promise to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”), in lawful money of the United States of America in immediately available funds at its offices located at 1600 Market Street, Philadelphia, PA 19103, or at such other location as the Bank may designate from time to time, the principal sum of ONE HUNDRED TWENTY FIVE MILLION AND 00/100 DOLLARS ($125,000,000.00) (the “Facility”) or such lesser amount as may be advanced to or for the benefit of the Borrower hereunder, together with interest accruing on the outstanding principal balance from the date hereof, all as provided below.
Amended and Restated Loan AgreementLoan Agreement • December 19th, 2013 • Healthcare Services Group Inc • Services-to dwellings & other buildings
THIS AMENDED AND RESTATED LOAN AGREEMENT (the “Agreement”), is entered into as of December 18, 2013, between HEALTHCARE SERVICES GROUP, INC., HUNTINGDON HOLDINGS, INC. and HCSG STAFF LEASING SOLUTIONS, LLC (individually and collectively, jointly and severally, the “Borrower”), with an address at 3220 Tillman Drive, Glenview Corporate Center, Suite 300, Bensalem, PA 19020, and PNC BANK, NATIONAL ASSOCIATION (the “Bank”), with an address at 1600 Market Street, Philadelphia, PA 19103 and amends, restates and replaces (but does not constitute a novation of or affect the status of any liens or security interests granted pursuant to) that certain Loan Agreement dated as of January 1, 2011, as amended (the “Existing Loan Agreement”), and Borrower’s execution of this agreement constitutes a ratification and confirmation of all liens and security interests granted under or pursuant to the Existing Loan Agreement.
