PureCycle Technologies(PCT) - 2025 Q3 - Quarterly Results

Credit Agreement Amendments - The Maturity Date of the Credit Agreement has been extended from September 30, 2026, to September 30, 2027[4]. - The Borrower will pay a Maturity Extension Fee of 50 basis points (0.50%) based on the aggregate Commitment of each Lender as of the Effective Date[14]. - The Borrower must redeem the Specified Preferred Shares if it receives sufficient proceeds from the exercise of Series A Warrants by March 17, 2026[7]. - The Borrower and Guarantors confirm that all representations and warranties in the Credit Agreement are true and correct as of the date of this Amendment[10]. - The Borrower has agreed to pay all out-of-pocket costs and expenses incurred by the Administrative Agent, Security Agent, and Lenders in connection with this Amendment[21]. - The execution of this Amendment is authorized by all necessary corporate actions of the Borrower and Guarantors[11]. - No Default or Event of Default has occurred and is continuing after the execution of this Amendment[12]. - The existing security interests granted by the Loan Parties remain valid and continue to secure the obligations under the Credit Agreement[15]. - This Amendment constitutes a "Loan Document" for all purposes of the Credit Agreement and other Loan Documents[17]. - The Amendment is governed by the laws of the State of New York[18].