THIS AGREEMENT, THE OBLIGATIONS SECURED HEREBY AND THE LIENS GRANTED HEREUNDER MAY FROM TIME TO TIME BE SUBORDINATED TO THE SENIOR DEBT, THE LIENS OF SENIOR LENDER AND THE RIGHTS AND REMEDIES OF SENIOR LENDER PURSUANT TO THE TERMS OF A SUBORDINATION...Security Agreement • July 25th, 2017 • TSS, Inc. • Services-management consulting services • Maryland
THIS AMENDED AND RESTATED SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) is made as of July 19, 2017, by TSS, INC., INNOVATIVE POWER SYSTEMS, INC., VTC, L.L.C., VORTECH, L.L.C., TOTAL SITE SOLUTIONS AZ, LLC and ALLETAG BUILDERS, INC., jointly and severally (collectively, the “Borrower”), with an address for purposes of this Agreement of 110 E. Old Settlers Road, Round Rock, Texas 78664, Telephone: (512) 310-1000, Fax: (512) 310-1828, in favor of MHW SPV II, LLC and MHW PARTNERS, LP (collectively, the “Lender”), with an address for the purposes of this Agreement of 150 East 52nd Street, 30th Floor, New York, New York 10022.
THIS AGREEMENT, THE OBLIGATIONS SET FORTH HEREIN AND THE LENDER’S RIGHTS AND REMEDIES HEREUNDER MAY FROM TIME TO TIME BE SUBORDINATED TO THE SENIOR DEBT AND THE RIGHTS AND REMEDIES OF SENIOR LENDER PURSUANT TO THE TERMS OF A SUBORDINATION AGREEMENT....Loan Agreement • July 25th, 2017 • TSS, Inc. • Services-management consulting services • Maryland
THIS AMENDED AND RESTATED LOAN AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) is made as of July 19, 2017 (the “Closing Date”), by and among TSS, INC., INNOVATIVE POWER SYSTEMS, INC., VTC, L.L.C., VORTECH, L.L.C., TOTAL SITE SOLUTIONS AZ, LLC and ALLETAG BUILDERS, INC., jointly and severally (collectively, the “Borrower”), with an address for purposes of this Agreement of 110 E. Old Settlers Road, Round Rock, Texas 78664, Telephone: (512) 310-1000, Fax: (512) 310-1828, and MHW SPV II, LLC and MHW PARTNERS, LP (collectively, the “Lender”), with an address for purposes of this Agreement of 150 East 52nd Street, 30th Floor, New York, New York 10022.
ContractTSS, Inc. • July 25th, 2017 • Services-management consulting services • Maryland
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF REGISTRATION THEREUNDER OR AN EXEMPTION THEREFROM.
ContractTSS, Inc. • July 25th, 2017 • Services-management consulting services • Maryland
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF REGISTRATION THEREUNDER OR AN EXEMPTION THEREFROM.
