TENTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • May 5th, 2022 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • Connecticut
This TENTH AMENDMENT TO LOAN AGREEMENT (this "Amendment") is made this as of the 5th day of May, 2022, and shall be retroactively effective as of January 1, 2022, by and among MidCap Business Credit LLC, a Texas limited liability company, the secured party hereunder (hereinafter called “Lender”), BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (together with its successors and permitted assigns, “Borrower”), R. L. DRAKE HOLDINGS, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Drake”), and BLONDER TONGUE FAR EAST, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Far East”). Each of Borrower, Drake and Far East are individually referred to herein as a “Loan Party” and individually, collectively, jointly and severally, the “Loan Parties”.
