TERMINATION OF LIMITED RECOURSE GUARANTY AND AMENDMENT NO. 6 Dated as of November 8, 2018 to AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Dated as of December 12, 2016Loan and Security Agreement • November 13th, 2018 • Medallion Financial Corp • Finance services • New York
THIS TERMINATION AND AMENDMENT NO. 6 (this “Termination and Amendment”), dated as of November 8, 2018, is entered into by and among TAXI MEDALLION LOAN TRUST III, a Delaware statutory trust (the “Borrower”), MEDALLION FUNDING LLC (successor by merger to Medallion Funding Corp.), a New York limited liability company (the “Transferor” or the “Guarantor”), MEDALLION FINANCIAL CORP., a Delaware corporation (“Parent”), MEDALLION CAPITAL, INC., a Minnesota corporation (“Medallion Capital”), FRESHSTART VENTURE CAPITAL CORP., a New York corporation (“Freshstart” and, together with the Borrower, the Transferor, Parent and Medallion Capital, the “MF/Borrower Related Parties”), and DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK, FRANKFURT AM MAIN (successor by assignment to Autobahn Funding Company LLC), as a Lender (in such capacity, the “Lender”) and as agent under the Loan Agreement (as defined below) (in such capacity, the “Agent”).
