AMENDED AND RESTATED CONSOLIDATED LOAN AND SECURITY AGREEMENT AND MODIFICATION AGREEMENTConsolidated Loan and Security Agreement • March 11th, 2004 • DXP Enterprises Inc • Wholesale-industrial machinery & equipment • Texas
THIS AMENDED AND RESTATED CONSOLIDATED LOAN AND SECURITY AGREEMENT AND MODIFICATION AGREEMENT ("Agreement") is made effective as of the 25th day of June, 2003, by and between FLEET CAPITAL CORPORATION ("Lender"), a Rhode Island corporation with an office at 5950 Sherry Lane, Suite 300, Dallas, Texas 75225, and SEPCO INDUSTRIES, INC., a Texas corporation ("Sepco"), with offices at 7272 Pinemont, Houston, Texas 77040, AMERICAN MRO, INC., a Nevada corporation ("American"), with offices at 7272 Pinemont, Houston, Texas 77040, DXP ACQUISITION, INC. d/b/a STRATEGIC ACQUISITION, INC., a Nevada corporation ("DXP"), with offices at 7272 Pinemont, Houston, Texas 77040, PELICAN STATE SUPPLY COMPANY, INC., a Nevada corporation ("Pelican"), with offices at 7272 Pinemont, Houston, Texas 77040, and DXP ENTERPRISES, INC., a Texas corporation ("Parent"), with offices at 7272 Pinemont, Houston, Texas 77040 (Sepco, American, Pelican and DXP being hereinafter jointly and severally, individually and collec
