WAIVER AND AMENDMENT NO. 1 TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • December 21st, 2005 • Titan Global Holdings, Inc. • Communications equipment, nec • Maryland
THIS WAIVER AND AMENDMENT NO. 1 (this “Amendment”) is entered into as of December 16, 2005, by and among OBLIO TELECOM, INC., a Delaware corporation (“Oblio”), each of its direct and indirect subsidiaries signatory hereto (Oblio and each such subsidiary are referred to, individually and collectively, jointly and severally as the “Borrower”), TITAN GLOBAL HOLDINGS, INC (f/k/a Ventures- National Incorporated) (“Parent”), FARWELL EQUITY PARTNERS, LLC (“Farwell”) (Parent, Farwell and Borrower, each individually a “Credit Party” and collectively the “Credit Parties”) and CAPITALSOURCE FINANCE LLC, a Delaware limited liability company (the “Lender”).
