AMENDMENT NO. 7 TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 15th, 2019 • Coherix Inc • Special industry machinery (no metalworking machinery)
This Amendment No. 7 to Loan and Security Agreement (“Amendment”) is made this 13th day of March, 2019, by and between CRESTMARK, A DIVISION OF METABANK, a federal savings bank, whose address is 5480 Corporate Drive, Suite 350, Troy, Michigan 48098 ("Crestmark"), as assignee of Crestmark Bank, COHERIX, INC., a Delaware corporation, whose chief executive office is located at 3980 Ranchero Drive, Ann Arbor, MI 48108 ("Borrower"), and DWIGHT D. CARLSON (“Validity Guarantor” and “Guarantor”). This Amendment amends that certain Loan and Security Agreement executed August 19, 2016, as amended by Amendment No. 1 dated February 1, 2017, Amendment No. 2 dated April 26, 2017, Amendment No. 3 dated June 8, 2017, Amendment No. 4 dated September 14, 2017, Amendment No. 5 dated March 23, 2018 and Amendment No. 6 dated October 4, 2018 (as so amended, the "Agreement").
