ContractFirst • July 27th, 2005 • Interep National Radio Sales Inc • Radio broadcasting stations • New York
Contract Type FiledJuly 27th, 2005 Company Industry JurisdictionFIRST AMENDMENT dated as of July 21, 2005 (“Amendment”) to LOAN AND SECURITY AGREEMENT, dated as of September 25, 2003 (as amended, modified or supplemented from time, to time, the “Loan Agreement”), among INTEREP NATIONAL RADIO SALES, INC., as borrower (the “Borrower”) and ALLIED RADIO PARTNERS, INC., AMERICAN RADIO SALES, INC., D&R RADIO, INC., INFINITY RADIO SALES, INC., INTEREP INTERACTIVE, INC., INTEREP NEW MEDIA, INC., MCGAVREN GUILD, INC., MORRISON AND ABRAHAM, INC., PUBLIC RADIO NETWORK, INC., SBS/INTEREP LLC and STREAMING AUDIO, INC., as guarantors (each a “Guarantor” and collectively, the “Guarantors”) and COMMERCE BANK, N.A., as the lender (the “Bank”). Terms which are capitalized in this Amendment and not otherwise defined shall have the meanings ascribed to such terms in the Loan Agreement.