AMENDMENT NO. 1 TO CREDIT AGREEMENTCredit Agreement • August 5th, 2013 • Telecommunication Systems Inc /Fa/ • Services-prepackaged software • New York
This AMENDMENT NO. 1 TO CREDIT AGREEMENT (this “Amendment”) is made as of July 29, 2013, by and among TELECOMMUNICATION SYSTEMS, INC., a Maryland corporation (“TCS”), SOLVERN INNOVATIONS, INC., a Maryland corporation (“Solvern”), NETWORKS IN MOTION, INC., a Delaware corporation (“NIM”), MICRODATA GIS, INC., a Vermont corporation (“microDATA GIS”), MICRODATA, LLC, a Maryland limited liability company (“microDATA LLC”), NEXTGEN COMMUNICATIONS, INC., a Maryland corporation (“NextGen,” and together with TCS, Solvern, NIM, microDATA GIS, and microDATA LLC, jointly and severally, individually and collectively, referred to as the “Borrower”), the several banks and other financial institutions or entities parties hereto as lenders hereunder (each a “Lender” and collectively, the “Lenders”), SILICON VALLEY BANK, as the Issuing Lender and the Swingline Lender, and SILICON VALLEY BANK (“SVB”), as administrative agent and collateral agent for the Lenders (in such capacity, the “Administrative Agen
130,000,000 SENIOR SECURED CREDIT FACILITIES* CREDIT AGREEMENT among TELECOMMUNICATION SYSTEMS, INC., SOLVERN INNOVATIONS, INC., NETWORKS IN MOTION, INC., MICRODATA GIS, INC., MICRODATA, LLC, AND NEXTGEN COMMUNICATIONS, INC. JOINTLY AND SEVERALLY, AS...Credit Agreement • August 5th, 2013 • Telecommunication Systems Inc /Fa/ • Services-prepackaged software • New York
Whereas, the Borrower, Silicon Valley Bank, as administrative agent and collateral agent, and the Lenders party thereto, are parties to Loan and Security Agreement, dated as of December 31, 2009 (as amended and in effective as of the date hereof, the “Existing Loan Agreement”);
