Re: Amendment No. 1 to Loan and Security AgreementStein Mart Inc • January 17th, 2006 • Retail-family clothing stores • Florida
Wachovia Bank, National Association, successor by merger to Congress Financial Corporation (Florida) (“Wachovia”), in its capacity as administrative and collateral agent (“Agent”) for the Lenders from time to time party to the Loan Agreement referred to below, the Lenders, Stein Mart, Inc., a Florida corporation (“Stein Mart”) and Stein Mart Buying Corp., a Florida corporation (“Buying Corp.”; and together with Stein Mart, being hereinafter referred to individually as “Borrower” and collectively as “Borrowers”), have entered into certain financing arrangements pursuant to the Loan and Security Agreement, dated as of July 18, 2003, by and among Borrowers, Agent, Lenders, Wachovia and Fleet Retail Finance, Inc., each in its capacity as Arranger, and General Electric Capital Corporation, in its capacity as Documentation Agent (the “Loan Agreement”) and all other Financing Agreements at any time executed and/or delivered in connection therewith or related thereto.
