AMERICA’S CAR-MART, INC., a Texas corporation as Parent, COLONIAL AUTO FINANCE, INC., an Arkansas corporation AMERICA’S CAR MART, INC., an Arkansas corporation TEXAS CAR-MART, INC., a Texas corporation as Borrowers LOAN AND SECURITY AGREEMENT Dated as...Loan and Security Agreement • June 20th, 2011 • Americas Carmart Inc • Retail-auto dealers & gasoline stations • California
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) is dated as of November 4, 2010, among AMERICA’S CAR-MART, INC., a Texas corporation (“Parent”), COLONIAL AUTO FINANCE, INC., an Arkansas corporation (“Colonial”), AMERICA’S CAR MART, INC., an Arkansas corporation (“ACM”), TEXAS CAR-MART, INC., a Texas corporation (“TCM”)(each of Colonial, ACM and TCM, a “Borrower”, and collectively, “Borrowers”), the financial institutions party to this Agreement from time to time as lenders (collectively, “Lenders”), BANK OF ARKANSAS, N.A., as administrative agent for the Lenders (“Agent”) and co-lead arranger for the Lenders, BANK OF AMERICA, N.A., as collateral agent for the Lenders (“Collateral Agent”), and BANK OF AMERICA, N.A., as documentation agent for the Lenders (“Documentation Agent”) and co-lead arranger for the Lenders.
