AMENDMENT NO. 1 Dated as of June 30, 2023 to CREDIT AGREEMENT Dated as of May 31, 2022Credit Agreement • July 31st, 2023 • Gorman Rupp Co • Pumps & pumping equipment • New York
THIS AMENDMENT NO. 1 (this “Amendment”) is made as of June 30, 2023 by and among The Gorman-Rupp Company (the “Borrower”), the financial institutions listed on the signature pages hereof and JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”), under that certain Credit Agreement dated as of May 31, 2022 by and among the Borrower, the subsidiaries of the Borrower from time to time party thereto as Subsidiary Guarantors, the Lenders from time to time party thereto and the Administrative Agent (as further amended, restated, supplemented or otherwise modified from time to time, the “Existing Credit Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the respective meanings given to them in the Amended Credit Agreement (as defined below).
