Second Amendment to Credit Facility Agreement between IPG Laser GmbH and Deutsche Bank AG (June 25, 2014)
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Summary
This amendment updates the terms of a credit facility agreement between IPG Laser GmbH and Deutsche Bank AG, originally dated June 18, 2012. The main change is the extension of the availability of the EUR 20,000,000 credit facility until August 31, 2014. All other terms of the original agreement and the first amendment remain unchanged. The borrower confirms that it is acting on its own behalf. Both parties have signed to confirm these changes.
EX-10.1 2 exhibit101secondamendmentt.htm SECOND AMENDMENT TO CREDIT FACILITY AGREEMENT Exhibit 10.1 Second Amendment to Credit Facility Agreement
EXHIBIT 10.1
Bank version /Client version
2nd Amendment dated 06/25/2014 of
Credit Facility Agreement
Regarding an Umbrella Credit Facility in the amount of EUR 20,000,000.--
dated 06/18/2012
IPG Laser GmbH
Siemensstraße 7
57299 Burbach
(the „Borrower“)
and
Deutsche Bank AG
Filiale Deutschlandgeschäft
An den Dominikanern 11-27
50668 Cologne
(the „Bank“)
on the basis of the Bank’s General Business Conditions (Allgemeine Geschäftsbedingungen) both parties entered into the above mentioned agreement.
Both parties agree to amend the agreement as follows:
§ 2 - Credit Facility:
(2) | Term of the Credit Facility |
The Credit Facility is available until August 31st, 2014.
Declaration according to the GwG (Anti Money Laundering Act)
The Borrower hereby confirms the Bank by ticking the box or initial that with regard to the Credit Facility Agreement he is acting for his own account.
[ ] IPG Laser GmbH
All other terms, conditions and agreements of the credit facility agreement dated 06/18/2012 including 1. Amendment dated 01/17/2014 shall remain unchanged and in force.
This Amendment will be cited under the date first above written.
Deutsche Bank AG
Filiale Deutschlandgeschäft
Burbach, 24 June 2014 | /s/ Theodora Schweigert /s/ Joachim Gartz | |
Place, Date | ||
IPG Laser GmbH
Burbach, 24 June 2014 | /s/ Eugene Scherbakov | |
Place, Date | ||
