CREDIT AGREEMENT dated as of March 4, 2021 among LMP AUTOMOTIVE HOLDINGS, INC. and EACH FLOOR PLAN BORROWER IDENTIFIED HEREIN, as Borrowers, CERTAIN SUBSIDIARIES OF THE BORROWERS IDENTIFIED HEREIN, as Guarantors, THE LENDERS FROM TIME TO TIME PARTY...Credit Agreement • March 8th, 2021 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations • New York
Contract Type FiledMarch 8th, 2021 Company Industry JurisdictionTHIS CREDIT AGREEMENT (this “Agreement”) is made and entered into as of March 4, 2021, by and among LMP AUTOMOTIVE HOLDINGS, INC., a Delaware corporation (the “Parent Borrower”), the FLOOR PLAN BORROWERS PARTY HERETO (the Parent Borrower and the Floor Plan Borrowers being each a “Borrower” and collectively the “Borrowers”), the Guarantors from time to time party hereto, the several banks and other financial institutions and lenders from time to time party hereto (the “Lenders”), and Truist Bank, in its capacity as administrative agent for the Lenders (the “Administrative Agent”) and as swing line lender (the “Swing Line Lender”).