AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Among INTEST CORPORATION; as Borrower and AMBRELL CORPORATION, INTEST SILICON VALLEY CORPORATION, INTEST EMS, LLC, and TEMPTRONIC CORPORATION; as Guarantors and M&T BANK, as Bank Dated as of: October...Loan and Security Agreement • October 20th, 2021 • Intest Corp • Instruments for meas & testing of electricity & elec signals • Pennsylvania
THIS AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT is made effective as of October 15, 2021 by and among INTEST CORPORATION, a Delaware corporation, (“Borrower”), AMBRELL CORPORATION, a Delaware corporation, INTEST SILICON VALLEY CORPORATION, a Delaware corporation, INTEST EMS, LLC, a Delaware limited liability company, and TEMPTRONIC CORPORATION, a Delaware corporation (each individually, a “Guarantor” and collectively, the “Guarantors”) and M&T Bank (together with its successors and assigns, “Bank”).
DELAYED DRAW TERM NOTETerm Note • October 20th, 2021 • Intest Corp • Instruments for meas & testing of electricity & elec signals • Delaware
FOR VALUE RECEIVED AND INTENDING TO BE LEGALLY BOUND, INTEST CORPORATION, a Delaware corporation (the “Borrower”), hereby promises to pay to the order of M&T BANK (“Bank”), the principal sum of Twenty Five Million Dollars ($25,000,000), together with interest thereon upon the following terms:
