FIFTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • January 16th, 2018 • Greystone Logistics, Inc. • Special industry machinery, nec • Oklahoma
THIS FIFTH AMENDMENT TO LOAN AGREEMENT (this “Amendment”) is made as of January 10, 2018 (the “Fifth Amendment Date”) among INTERNATIONAL BANK OF COMMERCE, an Oklahoma state banking corporation, successor in interest to International Bank of Commerce, a Texas state banking association (“Lender”), GREYSTONE LOGISTICS, INC., an Oklahoma corporation, GREYSTONE MANUFACTURING, L.L.C., an Oklahoma limited liability company (together, the “Borrowers”), and the undersigned Guarantors, and ratifies and amends (a) the Loan Agreement (Revolving Loan and Equipment Term Loan) dated as of January 31, 2014, as previously amended four times, most recently by the Fourth Amendment to Loan Agreement among Borrowers and Lender (as so amended, the “Loan Agreement”), and (b) the other Loan Documents to which the Borrowers and Guarantors are a party as described below.
