LOAN AGREEMENTLoan Agreement • November 16th, 2016 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries • Missouri
This Amended and Restated Loan Agreement (the “Agreement”) dated as of November 15, 2016, is between Bank of America, N.A. (the “Bank”) and Daktronics, Inc., a South Dakota corporation (the “Borrower”).
CONTINUING AND UNCONDITIONAL GUARANTYContinuing And • November 16th, 2016 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries • Missouri
WHEREAS, Daktronics, Inc., a South Dakota corporation (“Guarantor”), and Bank of America, N.A., its subsidiaries and affiliates (collectively, “Bank”), entered into an Amended and Restated Loan Agreement dated of even date herewith (as amended, restated, supplemented or modified from time to time the “Loan Agreement”), pursuant to which, among other things, Bank has agreed to make a revolving loan to Guarantor (the “Loan”). Capitalized terms not defined herein shall have the meaning given to them in the Loan Agreement.
CREDIT AGREEMENTCredit Agreement • November 16th, 2016 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries • South Dakota
This Credit Agreement (this “Agreement”), dated November 15, 2016 is between DAKTRONICS, INC., a South Dakota corporation (the “Borrower”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, the “Lender”).
REVOLVING NOTERevolving Note • November 16th, 2016 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
This Revolving Note is the Note issued pursuant to, and is entitled to the benefits of, the Credit Agreement dated November 15, 2016 (which, as it may be amended or modified and in effect from time to time, is herein called the “Agreement”), between the Borrower and the Lender, to which Agreement reference is hereby made for a statement of the terms and conditions governing this Revolving Note, including the terms and conditions under which this Revolving Note may be prepaid or its maturity date accelerated. Capitalized terms used herein and not otherwise defined herein are used with the meanings attributed to them in the Agreement.
