CREDIT AGREEMENT BY AND BETWEEN STERLING NATIONAL BANK AND LINCOLN EDUCATIONAL SERVICES CORPORATION; LINCOLN TECHNICAL INSTITUTE, INC.; NASHVILLE ACQUISITION, L.L.C.; SOUTHWESTERN ACQUISITION, L.L.C.; NEW ENGLAND ACQUISITION, LLC; EUPHORIA...Credit Agreement • May 4th, 2017 • Lincoln Educational Services Corp • Services-educational services • New Jersey
CREDIT AGREEMENT, dated as of April 28, 2017, by and between LINCOLN EDUCATIONAL SERVICES CORPORATION, a New Jersey corporation (the “Parent”); LINCOLN TECHNICAL INSTITUTE, INC.; a New Jersey corporation; NASHVILLE ACQUISITION, L.L.C., a Delaware limited liability company; SOUTHWESTERN ACQUISITION, L.L.C., a Delaware limited liability company; NEW ENGLAND ACQUISITION, LLC, a Delaware limited liability company; EUPHORIA ACQUISITION, LLC, a Delaware limited liability company; NEW ENGLAND INSTITUTE OF TECHNOLOGY AT PALM BEACH, INC., a Florida corporation; LCT ACQUISITION, LLC, a Delaware limited liability company; NN ACQUISITION, LLC, a Delaware limited liability company and LTI HOLDINGS, LLC, a Colorado limited liability company (individually and collectively, the “Borrower”), and STERLING NATIONAL BANK (the “Bank”).
