AMENDMENT NO. 1 TO MASTER CREDIT AND SECURITY AGREEMENTSMaster Credit and Security Agreement • December 19th, 2006 • Franklin Credit Management Corp/De/ • Finance services
THIS AMENDMENT NO. 1, dated as of December 1, 2006 (this “Amendment”), between FRANKLIN CREDIT MANAGEMENT CORPORATION (“Franklin”) and TRIBECA LENDING CORPORATION (“Tribeca”, and together with Franklin, the “Company”) and SKY BANK (the “Bank”), to the Master Credit and Security Agreement, dated as of October 13, 2004, as amended by the Amendment to the Master Credit and Security Agreement, dated as of October 5, 2006 (as so amended, the “Franklin Credit Agreement”), among Franklin, certain of its Subsidiaries and the Bank and the Master Credit and Security Agreement, February 28, 2006 (the “Tribeca Credit Agreement”; together with the Franklin Credit Agreement, the “Credit Agreements”, and each, a “Credit Agreement”), among Tribeca, certain of its Subsidiaries and the Bank; all capitalized terms used but not defined herein having the meaning ascribed to such terms in the applicable Credit Agreement.
