FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • November 12th, 2020 • Lincoln Educational Services Corp • Services-educational services • New Jersey
THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made as of this 10th day of November, 2020 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; NEW ENGLAND ACQUISITION, LLC, a Delaware limited liability company; EUPHORIA ACQUISITION, LLC, a Delaware limited liability company; 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, “Borrower”), and STERLING NATIONAL BANK (the “Bank”).
