THIRD AMENDED AND RESTATED CREDIT AGREEMENT Dated as of May 8, 2015 among FAMOUS DAVE’S OF AMERICA, INC., a Minnesota corporation, D&D OF MINNESOTA, INC., a Minnesota corporation, LAKE & HENNEPIN BBQ AND BLUES, INC., a Minnesota corporation, FAMOUS...Credit Agreement • May 8th, 2015 • Famous Daves of America Inc • Retail-eating places • New York
Notwithstanding the foregoing, (a) for the period commencing on the Closing Date through the Adjustment Date immediately following the date of delivery by the Borrowers to the Administrative Agent of a Compliance Certificate for the fiscal period ending on or about June 30, 2015, the Applicable Margin shall be the percentage set forth in Level II in the table above; and (b) if the Borrowers fail to deliver any Compliance Certificate pursuant to Section 6.01 hereof, then for the period commencing on the date after the day on which such Compliance Certificate was due until the Adjustment Date, the Applicable Margin shall be that percentage corresponding to Level I in the table above.
