Section 1.1 of the Loan Agreement is hereby amended by deleting the definition of Existing Term Loan Transaction and replacing it with the following: The Loan Agreement is hereby amended as follows: Theīorrowers, the Lenders and the Agent agree that the Recitals above are a part of this Amendment. Mutual promises and agreements contained herein and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto do hereby agree as follows:Įach defined term used herein and not otherwise defined herein shall have the meaning ascribed to such term in the Loan Agreement. The Lenders have agreed to do so subject to the terms and conditions set forth herein WHEREAS, the Borrowers have requested that the Agent and the Lenders modify certain provisions of the Loan Agreement and the Agent and Principal amount of $474,203,608.83 under the Loan Agreement in respect of the outstanding principal amount of Revolving Loans and the undrawn face amount of all outstanding Letters of Credit WHEREAS, the Borrowers acknowledge that as of the close of business on November 20, 2017, there was outstanding the aggregate To time, and together with all of its exhibits, schedules and attachments thereto, collectively the Loan Agreement) The Borrowers, the Lenders and the Agent are parties to that certain Sixth Amended and Restated Loan and Security Agreement, dated as of June 20, 2017 (as may be further amended, restated, modified, substituted, extended, or renewed from time as agent for the Lenders (in its capacity as agent, the ∺gent). To hereinafter each individually as a Lender and collectively as the Lenders) and Bank of America, N.A. ∻orrower and collectively the ∻orrowers), the financial institutions listed as lenders on the signature pages to this Amendment (such financial institutions, together with their respective successors and assigns, are referred RMC Financial Services of Florida, LLC, Regional Finance Company of Louisiana, LLC, Regional Finance Company of Mississippi, LLC, Regional Finance Company of Kentucky, LLC and Regional Finance Company of Virginia, LLC (each individually a (Regional), Regional Finance Corporation of South Carolina, Regional Finance Corporation of Georgia, Regional Finance Corporation of Texas, Regional Finance Corporation of North Carolina, Regionalįinance Corporation of Alabama, Regional Finance Corporation of Tennessee, Regional Finance Company of New Mexico, LLC, Regional Finance Company of Oklahoma, LLC, Regional Finance Company of Missouri, LLC, Regional Finance Company of Georgia, LLC, This First Amendment to Sixth Amended and Restated Loan and Security Agreement (this ∺mendment) is made as of November 21,Ģ017, among Regional Management Corp. FIRST AMENDMENT TO SIXTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT
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