AMENDMENT NUMBER 1 TO THE LOAN AND SECURITY AGREEMENT AND TO THE LOAN AGREEMENT SCHEDULELoan and Security Agreement • November 2nd, 2022 • Loop Media, Inc. • Services-help supply services • Texas
This Amendment Number 1 to the Loan and Security Agreement and to the Loan Agreement Schedule (“Amendment No. 1”) dated effective as of October 27, 2022 (the “Effective Date”) by and between LOOP MEDIA, INC., a Nevada corporation with a principal place of business located at 700 N. Central Ave., Ste. 430, Glendale, CA 91203 (the “Borrower”), and GEMCAP SOLUTIONS, LLC, a Delaware limited liability company with offices at 9901 I.H. 10 West, Suite 800, San Antonio, TX 78230, as successor and assign to Industrial Funding Group, Inc. (together with its successors and assigns, the “Lender”). The Borrower and the Lender are collectively referred to as the “Parties”.
