FINANCING AND SECURITY AGREEMENT Dated October 31, 2006 By and Between BRANCH BANKING AND TRUST COMPANY And TVI CORPORATION and SubsidiariesFinancing and Security Agreement • November 7th, 2006 • Tvi Corp • Search, detection, navagation, guidance, aeronautical sys • Maryland
THIS FINANCING AND SECURITY AGREEMENT (this “Agreement”) is made as of October 31, 2006, by and among TVI CORPORATION, a Maryland corporation (“TVI”), CAPA MANUFACTURING CORP., a Maryland corporation (“Capa”), SAFETY TECH INTERNATIONAL, INC., a Maryland corporation (“Safety Tech”), and TVI HOLDINGS ONE, INC., a Maryland corporation (“Signature TVI”) jointly and severally (each of TVI, Capa, Safety Tech, and Signature TVI, a “Borrower”; TVI, Capa, Safety Tech, and Signature TVI, collectively, the “Borrowers”); and BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (the “Lender”).
