FIRST AMENDMENT TO LOAN AGREEMENTLoan Agreement • April 19th, 2005 • Raytech Corp • Miscellaneous fabricated metal products
This is a FIRST AMENDMENT TO LOAN AGREEMENT entered into as of this 13th day of April 2005 among RAYTECH POWERTRAIN, INC., a Delaware corporation whose address is 4 Corporate Drive, Shelton, Connecticut 06484 ("Raytech Powertain"), ALLOMATIC PRODUCTS COMPANY, a Delaware corporation whose address is 609 E. Chaney Street, Sullivan, Indiana 47882 ("Allomatic"), RAYTECH SYSTEMS, INC., a Delaware corporation, whose address is 312 S. St. Clair Street, Sullivan, Indiana 47882 ("Raytech Systems"; and together with Raytech Powertrain and Allomatic, the "Original Borrowers") and RAYBESTOS POWERTRAIN, LLC, an Indiana limited liability company whose address is 964 East Market Street, Crawfordsville, Indiana 47933 (the "Additional Borrower" and together with the Original Borrower, collectively the "Borrowers"); RAYTECH CORPORATION, a Delaware corporation whose address is Four Corporate Drive, Suite 295, Shelton, Connecticut 06484 (the "Guarantor") and WACHOVIA BANK, NATIONAL ASSOCIATION, a national
April 13, 2005Loan and Security Agreement • April 19th, 2005 • Raytech Corp • Miscellaneous fabricated metal products
Reference is made to the Loan and Security Agreement dated September 28, 2000 by and between Raybestos Products Company, Raytech Automotive Components Company, and Automotive Composites Company (collectively the “Borrowers”) and Wachovia Capital Finance Corporation (New England) f/k/a Congress Financial Corporation (New England) (the “Lender”), as amended by that certain Amendment to Loan and Security Agreement dated March 31, 2003, that certain Second Amendment to Loan and Security Agreement dated August 12, 2003, that certain Third Amendment to Loan and Security Agreement dated November 12, 2003, that certain Fourth Amendment to Loan and Security Agreement dated April 5, 2004, that certain Waiver and Fifth Amendment to Loan and Security Agreement dated May 10, 2004 and that certain Sixth Amendment to Loan and Security Agreement dated October 12, 2004 (as so amended, the “Loan Agreement”). All capitalized terms used but not otherwise defined herein shall have the meanings given such t
October 12, 2004Loan and Security Agreement • April 19th, 2005 • Raytech Corp • Miscellaneous fabricated metal products
Reference is made to the Loan and Security Agreement dated September 28, 2000 by and between Raybestos Products Company, Raytech Automotive Components Company, and Automotive Composites Company (collectively the “Borrowers”) and Congress Financial Corporation (New England) (the “Lender”), as amended by that certain Amendment to Loan and Security Agreement dated March 31, 2003, that certain Second Amendment to Loan and Security Agreement dated August 12, 2003, that certain Third Amendment to Loan and Security Agreement dated November 12, 2003, that certain Fourth Amendment to Loan and Security Agreement dated April 5, 2004 and that certain Waiver and Fifth Amendment to Loan and Security Agreement dated May 10, 2004 (as so amended, the “Loan Agreement”). All capitalized terms used but not otherwise defined herein shall have the meanings given such terms in the Loan Agreement. This agreement is hereby referred to as the “Sixth Amendment” or “this Letter Agreement.”
