AMENDMENT NO. 11 TO THE LOAN AGREEMENT, AMENDMENT NO. 3 TO THE SECURITY AGREEMENT AND AMENDMENT NO. 2 TO THE PLEDGE AGREEMENTLoan Agreement, Security Agreement, Pledge Agreement • November 18th, 2002 • Recoton Corp • Electronic components, nec • New York
Contract Type FiledNovember 18th, 2002 Company Industry JurisdictionTHIS AMENDMENT NO. 11 TO THE LOAN AGREEMENT, AMENDMENT NO. 3 TO THE SECURITY AGREEMENT AND AMENDMENT NO. 2 TO THE PLEDGE AGREEMENT is made as of September 25, 2002 (this “Agreement”) by and among RECOTON CORPORATION, a New York corporation (“Recoton”), INTERACT ACCESSORIES, INC., a Delaware corporation (“InterAct”), RECOTON AUDIO CORPORATION, a Delaware corporation (“Audio”), AAMP OF FLORIDA, INC., a Florida corporation (“AAMP”), RECOTON HOME AUDIO, INC., a California corporation (“RHAI”), RECOTON ACCESSORIES, INC., a Delaware corporation (“Recoton Accessories”) and RECOTON MOBILE ELECTRONICS, INC., a Delaware corporation (“Mobile Electronics”) and together with Recoton, InterAct, Audio, AAMP, RHAI and Recoton Accessories collectively, the “Borrowers”, the Guarantors (the Borrowers and the Guarantors are sometimes collectively referred to herein as the “Loan Parties” or the “Pledgors” with respect to the Pledge Agreement (as defined herein)), the Lenders, HELLER FINANCIAL, INC., a Dela