Credit Agreement Dated as of June 28, 2013 among Pioneer Power Solutions, Inc., The Guarantors from time to time party hereto, and Bank of Montreal, Chicago BranchCredit Agreement • July 3rd, 2013 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • Illinois
This Credit Agreement is entered into as of June 28, 2013, by and among Pioneer Power Solutions, Inc., a Delaware corporation (the “Borrower”), the direct and indirect Domestic Subsidiaries of the Borrower from time to time party to this Agreement, as Guarantors, and Bank of Montreal, a Canadian chartered bank acting through its Chicago branch (the “Bank”), as the lender as provided herein.
Guaranty AgreementGuaranty Agreement • July 3rd, 2013 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • Illinois
This Guaranty Agreement (this “Guaranty”) is made as of this 28th day of June, 2013, by Pioneer Power Solutions, Inc., a Delaware corporation (the “Guarantor”) in favor of Bank of Montreal (the “Bank”).
Security AgreementSecurity Agreement • July 3rd, 2013 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • Illinois
This Security Agreement (the “Agreement”) is dated as of June 28, 2013, by and among Pioneer Power Solutions, Inc., a Delaware corporation (the “Borrower”), the other parties executing this Agreement under the heading “Debtors” (the Borrower and such other parties, along with any parties who execute and deliver to the Secured Party referred to herein an agreement attached hereto as Schedule H, being hereinafter referred to collectively as the “Debtors” and individually as a “Debtor”), each with its mailing address as set forth in Section 12(b) hereof, and Bank of Montreal, a Canadian chartered bank acting through its Chicago branch (the “Secured Party”), with its mailing address as set forth in Section 12(b) hereof. The term “Debtor” and “Debtors” as used herein shall mean and include the Debtors collectively and also each individually, with all grants, representations, warranties and covenants of and by the Debtors, or any of them, herein contained to constitute joint and several gran
AMENDED AND RESTATED LETTER LOAN AGREEMENT DATED JUNE 28, 2013Letter Loan Agreement • July 3rd, 2013 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers
The terms and conditions herein contained are to be held confidential and may not be shared with third parties unless otherwise agreed to by the Bank in writing or as required by any governmental authority, including the Securities Exchange Commission. This Letter Loan Agreement amends and restates without novation the Letter Loan Agreement dated June 28, 2011, as amended by the First Amending Agreement dated December 7, 2012 and the Amending Agreement No. 2 dated February 11, 2013 (collectively, the “Initial Letter Loan Agreement”)
