HANDLEMAN COMPANY AND CERTAIN BORROWING SUBSIDIARIES CREDIT AGREEMENT dated as of November 22, 2005Credit Agreement • November 23rd, 2005 • Handleman Co /Mi/ • Wholesale-durable goods, nec • Michigan
THIS AMENDED AND RESTATED CREDIT AGREEMENT, dated as of November 22, 2005 (as amended or modified from time to time, this “Agreement”), is by and among HANDLEMAN COMPANY, a Michigan corporation (the “Company”), each of the Subsidiaries of the Company designated in Section 1.1 as a Borrowing Subsidiary (individually, a “Borrowing Subsidiary” and, collectively, the “Borrowing Subsidiaries”) (the Company and the Borrowing Subsidiaries may each be referred to as a “Borrower” and, collectively, as the “Borrowers”), the lenders party hereto from time to time, (the “Banks” and individually, a “Bank”), LASALLE BANK MIDWEST NATIONAL ASSOCIATION, formerly known as Standard Federal Bank, N.A., as administrative agent for the Banks (in such capacity, the “Agent”), KEYBANK NATIONAL ASSOCIATION, as a co-syndication agent (in such capacity, a “Co-Syndication Agent”), COMERICA BANK, as co-syndication agent (in such capacity, a “Co-Syndication Agent”), US BANK, N.A., as a co-syndication agent (in such
