Aaron's, Inc. previously entered into that certain Fourth Amended and Restated Loan Facility Agreement and Guaranty, dated as of October 25, 2017, as amended by the First Amendment to Fourth Amended and Restated Loan Facility Agreement and Guaranty, dated October 23, 2018, and the Second Amendment to Fourth Amended and Restated Loan Facility Agreement and Guaranty, dated October 11, 2019 (as so amended, the Existing Franchisee Loan Facility Agreement), with Truist Bank (successor by merger to SunTrust Bank), as servicer, and certain other financial institutions from time to time party thereto as participants (the Participants"), pursuant to which among other things, the Participants made available a loan facility to allow, subject to certain terms and conditions, the Company's franchisees to borrow funds guaranteed by the Company. On January 21, 2020, the Company entered into that certain Third Amendment to Fourth Amended and Restated Loan Facility Agreement and Guaranty (the LFA Third Amendment"), which amends the Existing Franchisee Loan Facility Agreement to, among other changes: (a) reduce the maximum facility commitment thereunder from $40 million to $35 million, (b) extend the facility commitment termination date thereunder from October 22, 2020 to January 20, 2021, (c) provide that Truist Bank will become the sole Participant as a result of reallocation of facility commitments and (d) modify certain other terms and conditions. The reduction in the maximum facility commitment under the Existing Franchisee Loan Facility Agreement was made at the Company's request, primarily due to the Company having fewer franchisees and to reduce the amount of fees paid by the Company on the unused portion of the commitment. Second Amendment to Second Amended and Restated Credit Facility: The Company previously entered into a Second Amended and Restated Revolving Credit and Term Loan Agreement, dated as of September 18, 2017, as amended by the First Amendment to Second Amended and Restated Revolving Credit and Term Loan Agreement, dated October 23, 2018 (as so amended, the Existing Credit Agreement), with Truist Bank (successor by merger to SunTrust Bank), as administrative agent, and certain other financial institutions from time to time party thereto as lenders (the Lenders"), pursuant to which among other things, the Lenders made available to the Company, subject to certain terms and conditions, revolving and term loan credit facilities. On January 21, 2020, the Company entered into that certain Second Amendment to Second Amended and Restated Revolving Credit and Term Loan Agreement (the Credit Agreement Second Amendment"), which amends the Existing Credit Agreement to, among other changes: (a) increase the maximum revolving credit commitment from $400 million to $500 million, (b) extend the maturity date from September 18, 2022 to January 21, 2025 and (c) modify certain other terms and conditions.