AMENDMENT No. 3 to REVOLVING CREDIT AND TERM LOAN AGREEMENT, AMENDMENT NO. 1 TO FORBEARANCE AGREEMENT AND ONE TIME WAIVER OF REVOLVING LOAN BORROWING REQUIREMENTSAmendment to Revolving Credit and Term Loan Agreement • July 8th, 2016 • Dakota Plains Holdings, Inc. • Wholesale-petroleum bulk stations & terminals
Contract Type FiledJuly 8th, 2016 Company IndustryTHIS AMENDMENT No. 3 to REVOLVING CREDIT AND TERM LOAN AGREEMENT, AMENDMENT No. 1 TO FORBEARANCE AGREEMENT AND ONE TIME WAIVER OF REVOLVING LOAN BORROWING REQUIREMENTS (this “Agreement”) is made and entered into as of July 5, 2016 by and among DAKOTA PLAINS TRANSLOADING, LLC, a Minnesota limited liability company (“Dakota Transloading”), DAKOTA PLAINS SAND, LLC, a Minnesota limited liability company (“Dakota Sand”), DAKOTA PLAINS MARKETING, LLC, a Minnesota limited liability company (“Dakota Marketing” and, together with Dakota Transloading and Dakota Sand, the “Borrowers”), DAKOTA PLAINS HOLDINGS, INC., a Nevada corporation (“Holdings”), DPTS MARKETING LLC, a Minnesota limited liability company (“DPTSM”), DAKOTA PETROLEUM TRANSPORT SOLUTIONS, LLC, a Minnesota limited liability company (“DPTS”), DPTS SAND, LLC, a Minnesota limited liability company (“DPTS Sand” and, together with Holdings, DPTSM and DPTS, the “Guarantors”), the Lenders (the “Lenders”) from time to time party to the Cre