FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 30th, 2017 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • New York
THIS FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this "Amendment") is executed and entered into as of March 30, 2017 and effective as of the Effective Date, by and among BLONDER TONGUE LABORATORIES, INC., a Delaware corporation ("Parent"), R. L. DRAKE HOLDINGS, LLC, a Delaware limited liability company ("Drake", together with Parent, collectively the "Borrowers"), BLONDER TONGUE FAR EAST, LLC, a Delaware limited liability ("Far East", together with the Borrowers, collectively the "Credit Parties" and each a "Credit Party"), the Lenders party hereto, and STERLING NATIONAL BANK, a national banking association, as administrative and collateral agent (in such capacity, and including its successors and permitted assigns, the "Administrative Agent") for the Lender Parties.
