AMENDED AND RESTATED CREDIT AGREEMENT dated as of February 1, 2016, by and among TWIN DISC, INCORPORATED and TWIN DISC INTERNATIONAL, S.P.R.L., as Borrowers, and WELLS FARGO BANK, NATIONAL ASSOCIATION as LenderCredit Agreement • February 2nd, 2016 • Twin Disc Inc • General industrial machinery & equipment • New York
AMENDED AND RESTATED CREDIT AGREEMENT, dated as of February 1, 2016, by and among TWIN DISC, INCORPORATED, a Wisconsin corporation (“Parent”), TWIN DISC INTERNATIONAL, S.P.R.L., a Belgian corporation and successor by merger to Twin Disc International, S.A. (“TD International” and, together with Parent, the “Borrowers”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
February 1, 2016Note Purchase and Private Shelf Agreement • February 2nd, 2016 • Twin Disc Inc • General industrial machinery & equipment • New York
This letter amendment (this “Letter”) makes reference to that certain Amended and Restated Note Purchase and Private Shelf Agreement, dated as of June 30, 2014 (as amended by Amendment No. 1 thereto dated August 3, 2015, the “Note Agreement”), among PGIM, Inc., The Prudential Insurance Company of America, Pruco Life Insurance Company, Pruco Life Insurance Company of New Jersey, Security Benefit Life Insurance Company, Inc., Prudential Annuities Life Assurance Corporation, Mutual of Omaha Insurance Company (collectively, the “Holders” and each, a “Holder”) and Twin Disc, Incorporated, a Wisconsin corporation (the “Company”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Note Agreement, as amended hereby.
SECURITY AGREEMENTSecurity Agreement • February 2nd, 2016 • Twin Disc Inc • General industrial machinery & equipment • New York
This SECURITY AGREEMENT (this “Agreement”), dated as of February 1, 2016, among the Persons listed on the signature pages hereof as “Grantors” and those additional entities that hereafter become parties hereto by executing the form of Joinder attached hereto as Annex 1 (each, a “Grantor” and collectively, the “Grantors”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, in its capacity as collateral agent for each Senior Lender (in such capacity, together with its successors and assigns in such capacity, “Agent”).
