FIFTH AMENDMENT TO TERM LOAN AGREEMENTTerm Loan Agreement • May 9th, 2019 • Hennessy Advisors Inc • Investment advice • Missouri
THIS FIFTH AMENDMENT TO TERM LOAN AGREEMENT (this "Amendment") is made and entered into as of May 9, 2019 (the "Effective Date"), by and between HENNESSY ADVISORS, INC., a California corporation ("Borrower"), Lenders from time to time party to the Agreement (defined below) and U.S. BANK NATIONAL ASSOCIATION, a national banking association ("U.S. Bank"), as Administrative Agent (in such capacity, "Agent"); and has reference to the following facts and circumstances (the "Recitals"):
