WAIVER AND AMENDMENT NO. 5 TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 20th, 2012 • Teletouch Communications Inc • Radiotelephone communications • Louisiana
Contract Type FiledMarch 20th, 2012 Company Industry JurisdictionTHIS WAIVER AND AMENDMENT NO. 5 TO LOAN AND SECURITY AGREEMENT (this “Amendment”) dated as of February 29, 2012 (the “Effective Date”), is by and among THERMO CREDIT, LLC, a Colorado limited liability company (together with its successors and assigns, “Lender”), and TELETOUCH COMMUNICATIONS, INC., a Delaware corporation (“TCI”), TELETOUCH LICENSES, INC., a Delaware corporation (“TLI”), and PROGRESSIVE CONCEPTS, INC., a Texas corporation (“PCI”, collectively with TCI, TLI, and any other Person identified or named from time to time as a “Debtor” under the Loan Documents, jointly and severally “Debtors”), with respect to the Loan and Security Agreement entered into as of April 30, 2008 by the Lender and the Debtors (as the same has been amended and/or supplemented from time to time), and as the same may be further amended, supplemented, restated, or otherwise modified from time to time (the “Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the meaning