CONSENT AND AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • June 6th, 2023 • Pineapple Energy Inc. • Telephone & telegraph apparatus • California
THIS CONSENT AND AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and dated as of May 31, 2023 and is entered into by and among PINEAPPLE ENERGY LLC (“PE LLC”), a Delaware limited liability company, for itself and on behalf of any Subsidiary, and each other Person that has delivered a Joinder Agreement pursuant to Section 7.12 or otherwise from time to time party hereto (together with PE LLC, individually or collectively, as the context may require “Borrower”), and HERCULES CAPITAL, INC., a Maryland corporation, in its capacity as Lender (“Lender”) and as administrative agent and collateral agent for itself and the Lender (in such capacity, “Agent”).
REVENUE LOAN AND SECURITY AGREEMENTRevenue Loan and Security Agreement • June 6th, 2023 • Pineapple Energy Inc. • Telephone & telegraph apparatus
THIS REVENUE LOAN AND SECURITY AGREEMENT (as amended from time to time, this “Agreement”) is made as of June 1, 2023 (the “Effective Date”), by and among Pineapple Energy Inc. (f/k/a Pineapple Holdings, Inc.), a Minnesota corporation (“Company”), the parties listed under the heading “Guarantors” on the signature pages attached hereto and each Person who from time to time becomes a Guarantor hereunder (each, a “Guarantor,” collectively, the “Guarantors;” each of Company and each Guarantor are referred to herein as a “Company Entity,” and together as the “Company Entities”), and Decathlon Specialty Finance, LLC, a Delaware limited liability company (“Lender”).
