SECOND AMENDMENT TO REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENTCredit, Term Loan and Security Agreement • May 10th, 2012 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores • Illinois
this Second Amendment to Revolving Credit, Term Loan and Security Agreement (the “Amendment”) is made this 22nd day of March, 2012 among appliance recycling centers of america, inc., a Minnesota Corporation (“arca”), appliance recycling centers of america-california, inc., a California Corporation (“arca-ca”), arca canada inc., an Ontario, Canada Corporation (“arca canada”) appliancesmart, inc., a Minnesota Corporation (“Appliance Smart”, together with arca, arca-ca and arca Canada, collectively, the “Borrowers” and each individually, a “Borrower”), certain financial institutions party to the Credit Agreement from time to time as lenders (the “Lenders”), and pnc bank, national association, as agent and lender (“pnc”, in such capacity, “Agent”).
