FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • January 7th, 2016 • Lincoln Educational Services Corp • Services-educational services
THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of December 31, 2015, is by and among LINCOLN EDUCATIONAL SERVICES CORPORATION, a New Jersey corporation (“Parent”), and its Subsidiaries party hereto (Parent and such Subsidiaries, each, individually, a “Borrower”, and collectively, “Borrowers”), the lenders identified on the signature pages hereof as Tranche A Lenders, and HPF SERVICE, LLC, as administrative agent for the Lenders party to the below described Credit Agreement (in such capacity, together with its successors and assigns in such capacity, “Administrative Agent”) and as collateral agent for the Tranche A Lenders party to the below described Credit Agreement (in such capacity, together with its successors and assigns in such capacity, “Tranche A Collateral Agent”).
