AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT AMONG BANK HAPOALIM, B.M. as Agent THE FINANCIAL INSTITUTIONS PARTY HERETO, as Lenders XCEL BRANDS, INC., as Borrower and IM BRANDS, LLC, JR LICENSING, LLC, H LICENSING, LLC, C WONDER LICENSING, LLC,...Loan and Security Agreement • March 3rd, 2016 • XCel Brands, Inc. • Patent owners & lessors • New York
This Amended and Restated Loan and Security Agreement is made as of February 26, 2016 by and among XCEL BRANDS, INC., a Delaware corporation (“Initial Borrower” and together with each Person who hereafter becomes a Borrower, collectively, “Borrowers”), each other Credit Party executing or becoming a party to this Agreement, the financial institutions from time to time party to this Agreement (collectively, “Lenders” and individually, each a “Lender”) and BANK HAPOALIM B.M. (“BHI”) as collateral and administrative agent for Lenders (BHI in such capacity “Agent”).
