FIRST AMENDMENT AND LOAN MODIFICATION AGREEMENTFirst Amendment and Loan Modification Agreement • July 1st, 2013 • Arrhythmia Research Technology Inc /De/ • Electromedical & electrotherapeutic apparatus
This First Amendment and Loan Modification Agreement (the “Agreement”), dated as of March 11, 2013, is made by and among (1) Arrhythmia Research Technology, Inc. (“ART”), a Delaware corporation with a principal place of business at 25 Sawyer Passway, Fitchburg, Massachusetts, (2) Micron Products, Inc., a Massachusetts corporation with a principal place of business at 25 Sawyer Passway, Fitchburg, Massachusetts (“Micron” and, together with ART, jointly, severally, and collectively, the “Borrowers”); (3) RMDDXUSA CORP., a Delaware corporation with a principal place of business at 25 Sawyer Passway, Fitchburg, Massachusetts (the “RMD,” and together with the Borrowers, jointly, severally and collectively, the “Obligors”); (4) RBS CITIZENS, NATIONAL ASSOCIATION, successor by merger to Citizens Bank of Massachusetts, a national association with an office located at 28 State Street, Boston, Massachusetts 02109 (the “Bank”), and (5) RBS ASSET FINANCE, INC., a New York corporation with an offic
