AMENDED AND RESTATED CREDIT AGREEMENT Dated as of March 24, 2016 among CPI AEROSTRUCTURES, INC. as the Borrower, The Several Lenders from Time to Time Parties Hereto and BANKUNITED, N.A. as Sole Arranger, Administrative Agent and Collateral AgentCredit Agreement • March 28th, 2016 • Cpi Aerostructures Inc • Aircraft parts & auxiliary equipment, nec • New York
AMENDED AND RESTATED CREDIT AGREEMENT, dated as of March 24, 2016 (this “Credit Agreement”), among CPI AEROSTRUCTURES, INC., a New York corporation (the “Borrower”), BANKUNITED, N.A., a national banking association, as Sole Arranger, Agent, Lender and Swap Provider and the other financial institutions from time to time parties hereto as lenders (collectively, the “Lenders”), BANKUNITED, N.A., a national banking association, as administrative agent and collateral agent for the Lenders and the Swap Provider hereunder (in such capacities, the “Administrative Agent” and the “Collateral Agent,” respectively and each an “Agent”).
AMENDED AND RESTATED CONTINUING GENERAL SECURITY AGREEMENTContinuing General Security Agreement • March 28th, 2016 • Cpi Aerostructures Inc • Aircraft parts & auxiliary equipment, nec • New York
WHEREAS, CPI AEROSTRUCTURES, INC. executed and delivered to Santander Bank, N.A., successor by merger to Sovereign Bank, N.A. (as agent for the lenders in connection therewith, the “Prior Lender”) a prior security agreement which granted security interests in certain personal property and which prior security agreement is still in full force and effect (“Prior Security Agreement”); and
