FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • January 29th, 2010 • CLST Holdings, Inc. • Wholesale-electronic parts & equipment, nec • New York
THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made as of May 20, 2009, among CLST Asset Trust II, a Delaware statutory trust, as a borrower (“Trust II”), SSPE Investment Trust I, a Delaware statutory trust, as a borrower (“Trust I”), SSPE, LLC, a Delaware limited liability company, as a borrower (the “LLC Borrower” and, together with Trust I and Trust II, the “Borrowers”), Summit Consumer Receivables Fund, L.P., a Delaware limited partnership, as the originator (the “Originator”) and as a guarantor, Summit Alternative Investments, LLC, a Nevada limited liability company, as the servicer (the “Servicer”), Eric J. Gangloff, as a guarantor, Fortress Credit Opportunities I L.P., as a lender (the “Lender”) and Fortress Credit Corp., as the administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used but not defined herein have the meanings provided in the Credit Agreement (defined below).
