THREDUP INC., A DELAWARE CORPORATION THREDUP CF LLC, A DELAWARE LIMITED LIABILITY COMPANY THREDUP INTERMEDIARY HOLDINGS LLC, A VIRGINIA LIMITED LIABILITY COMPANY KNITWIT GC LLC, A VIRGINIA LIMITED LIABILITY COMPANY WESTERN ALLIANCE BANK, AN ARIZONA...Loan and Security Agreement • March 17th, 2021 • ThredUp Inc. • Retail-catalog & mail-order houses • California
Contract Type FiledMarch 17th, 2021 Company Industry JurisdictionThis AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (the “Agreement”) is entered into as of February 3, 2021, by and among WESTERN ALLIANCE BANK, an Arizona corporation (“Bank”), and THREDUP, INC., a Delaware corporation (“Parent”), THREDUP CF LLC, a Delaware limited liability company (“ThredUP CF”), THREDUP INTERMEDIARY HOLDINGS LLC, a Virginia limited liability company (“Holdings”), and KNITWIT GC LLC, a Virginia limited liability company (“Knitwit”, and together with Parent, ThredUP CF and Holdings, each a “Borrower” and collectively, the “Borrowers”). This Agreement amends and restates in its entirety that certain Loan and Security Agreement dated as of February 7, 2019, (as amended from time to time, including by that certain Default Waiver and First Amendment to Loan and Security Agreement dated as of May 29, 2020, that certain Second Amendment to Loan and Security Agreement dated as of November 23, 2020, and that certain Third Amendment to Loan and Security Agreement dated as