TERM LOAN AGREEMENT HENNESSY ADVISORS, INC., AS BORROWER, U.S. BANK NATIONAL ASSOCIATION and CALIFORNIA BANK & TRUST, AS LENDERS, U.S. BANK NATIONAL ASSOCIATION, AS ADMINISTRATIVE AGENT, U.S. BANK NATIONAL ASSOCIATION, AS SOLE LEAD ARRANGER AND SOLE...Term Loan Agreement • September 23rd, 2015 • Hennessy Advisors Inc • Investment advice • Missouri
THIS TERM LOAN AGREEMENT (this “Agreement”) is made and entered into as of September 17, 2015, by and between HENNESSY ADVISORS, INC., a California corporation (“Borrower”); Lenders from time to time party hereto, including U.S. BANK NATIONAL ASSOCIATION, a national banking association (“U.S. Bank”), and CALIFORNIA BANK & TRUST, a California banking institution (“CB&T”) (each of U.S. Bank and CB&T, a “Lender” and collectively, “Lenders”); and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as Administrative Agent (“Agent”); and has reference to the following facts and circumstances:
