CREDIT AGREEMENT Dated as of November 18, 2014 by and among IGI LABORATORIES, INC., IGEN INC. and IGI LABS, INC., as the Borrowers, THE OTHER PERSONS PARTY HERETO THAT ARE DESIGNATED AS CREDIT PARTIES, GENERAL ELECTRIC CAPITAL CORPORATION, as Agent...Credit Agreement • November 24th, 2014 • Igi Laboratories, Inc • Biological products, (no disgnostic substances) • New York
This CREDIT AGREEMENT (including all exhibits and schedules hereto, as the same may be amended, modified and/or restated from time to time, this “Agreement”) is entered into as of November 18, 2014, by and among IGI Laboratories, Inc., a Delaware corporation (“IGI”), Igen Inc., a Delaware corporation (“Igen”), IGI Labs, Inc., a Delaware corporation (“IGI Labs”) (IGI, Igen and IGI Labs are sometimes referred to herein collectively as the “Borrowers” and individually as a “Borrower”), IGI Labs, as the Borrower Representative, the other Persons party hereto that are designated as a “Credit Party”, General Electric Capital Corporation, a Delaware corporation (in its individual capacity, “GE Capital”), as Agent for GE Capital Bank and the other several financial institutions from time to time party to this Agreement (collectively, the “Lenders” and individually each a “Lender”), and such Lenders.
GUARANTY AND SECURITY AGREEMENT Dated as of November 18, 2014 by IGI LABORATORIES, INC., IGEN, INC. and IGI LABS, INC., as Borrowers, and EACH OTHER GRANTOR FROM TIME TO TIME PARTY HERETO in favor of GENERAL ELECTRIC CAPITAL CORPORATION, as AgentGuaranty and Security Agreement • November 24th, 2014 • Igi Laboratories, Inc • Biological products, (no disgnostic substances) • New York
THIS GUARANTY AND SECURITY AGREEMENT, dated as of November 18, 2014 (as amended, restated or supplemented from time to time, this “Agreement”), IGI Laboratories, Inc., a Delaware corporation (“IGI”), Igen Inc., a Delaware corporation (“Igen”), IGI Labs, Inc., a Delaware corporation (“IGI Labs”) (IGI, Igen and IGI Labs are sometimes referred to herein collectively as the “Borrowers” and individually as a “Borrower”), and each of the other entities listed on the signature pages hereof or that becomes a party hereto (collectively with Borrowers, “Grantors” and each, a “Grantor”), in favor of General Electric Capital Corporation, as administrative agent (in such capacity, together with its successors and permitted assigns, “Agent”) for the Secured Parties.
