AMENDED AND RESTATED DEMAND LINE OF CREDIT AGREEMENT by and between CITIZENS BANK, N.A. and ARTESIAN RESOURCES CORPORATION ARTESIAN WATER COMPANY, INC. ARTESIAN WATER PENNSYLVANIA, INC. ARTESIAN WATER MARYLAND, INC. ARTESIAN WASTEWATER MANAGEMENT,...Demand Line of Credit Agreement • May 10th, 2023 • Artesian Resources Corp • Water supply • Delaware
Contract Type FiledMay 10th, 2023 Company Industry JurisdictionTHIS AMENDED AND RESTATED DEMAND LINE OF CREDIT AGREEMENT (the “Agreement”) is made as of the 20th day of May, 2022, by and between ARTESIAN RESOURCES CORPORATION, a Delaware corporation, ARTESIAN WATER COMPANY, INC., a Delaware corporation, ARTESIAN WATER PENNSYLVANIA, INC., a Pennsylvania corporation, ARTESIAN WATER MARYLAND, INC., a Delaware corporation, ARTESIAN WASTEWATER MANAGEMENT, INC., a Delaware corporation, ARTESIAN WASTEWATER MARYLAND, INC., a Delaware corporation, ARTESIAN UTILITY DEVELOPMENT, INC., a Delaware corporation, ARTESIAN DEVELOPMENT CORPORATION, a Delaware corporation, TIDEWATER ENVIRONMENTAL SERVICES, INC., a Delaware corporation (jointly and severally, “Borrower”), and CITIZENS BANK, N.A. (“Bank”). Borrower and Bank agree, under seal, as follows: