FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • September 16th, 2003 • Fao Inc • Retail-catalog & mail-order houses • New York
THIS FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is executed as of August 27, 2003 by and among FAO, INC., a Delaware corporation, FAO SCHWARZ, INC., a Delaware corporation, ZB COMPANY, INC., a Delaware corporation, THE RIGHT START, INC., a Delaware corporation, and TARGOFF-RS, LLC, a New York limited liability company (collectively, the “Borrowers”); the lenders from time to time parties thereto (collectively, the “Lenders” and each individually, a “Lender”); FLEET RETAIL FINANCE INC., as Administrative Agent, Collateral Agent and Syndication Agent for the Lenders (in each such capacity, with its successors and assigns, the “Agent”); and CONGRESS FINANCIAL CORPORATION (CENTRAL) and WELLS FARGO RETAIL FINANCE II, LLC, as Co-Documentation Agents.
