SEC Filing Document

Company: Synergy CHC Corp.
Ticker: SNYR
CIK: 1562733
Filing Type: 8-K
Document Type: EX-10.1
Date Filed: 2025-06-04
Accession Number: 0001213900-25-050984
Exchange: Nasdaq
SIC Code: 2833
SIC Description: Medicinal Chemicals & Botanical Products
URL: https://www.sec.gov/Archives/edgar/data/1562733/000121390025050984/ea024464201ex10-1_synergy.htm

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such deposit account to the Administrative Agent’s Account. (k) Environmental. (i) Keep the Collateral free of any Environmental Lien; (ii) Obtain, maintain and preserve, and cause each of its Subsidiaries to obtain, maintain and preserve, and take all necessary action to timely renew, all Environmental Permits that are necessary in the proper conduct of its business, and comply, and cause each of its Subsidiaries to comply, with all Environmental Laws and Environmental Permits, except to the extent the failure to so obtain, maintain, preserve or comply could not reasonably be expected to have a Material Adverse Effect; (iii) Take all commercially reasonable steps to prevent any Release of Hazardous Materials in violation of any Environmental Law or Environmental Permit at, on, under or from any property owned, leased or operated by any Loan Party or its Subsidiaries that could reasonably be expected to result in a Material Adverse Effect; and

(iv) Provide
the Collateral Agent with written notice within ten (10) days of any of the following: (A) any Loan Party obtaining knowledge of any Release
of a Hazardous Material or environmental condition at, on, under or from any property currently or formerly owned, leased or operated
by any Loan Party, Subsidiary or predecessor in interest or any violation of Environmental Law or Environmental Permit that in any case
could reasonably be expected to result in a Material Adverse Effect; (B) notice that an Environmental Lien has been filed against any
Collateral; or (C) an Environmental Claim or Environmental Liabilities that could reasonably be expected to result in a Material Adverse
Effect; and provide such reports, documents and information as the Collateral Agent may reasonably request from time to time with respect
to any of the foregoing.

(l) Fiscal
Year. Cause the Fiscal Year of the Borrower and its Subsidiaries to end on December 31 of each calendar year unless the Agents consent
to a change in such Fiscal Year (and appropriate related changes to this Agreement).

(m) Landlord
Waivers; Collateral Access Agreements. At any time any Collateral, or any material books and records of the Loan Parties and their
Subsidiaries is located on any real property of a Loan Party (whether such real property is now existing or acquired after the Effective
Date) which is not owned by a Loan Party, or is stored on the premises of a bailee, warehouseman, or similar party, use commercially reasonable
efforts to obtain written subordinations or waivers or collateral access agreements, as the case may be, in form and substance satisfactory
to the Collateral Agent.

(n) After-Acquired
Real Property. Upon the acquisition by it or any of its Subsidiaries after the date hereof of any interest (whether fee or leasehold)
in any real property (wherever located) (each such interest being a “New Facility”) with a Current Value (as defined
below) in excess of $500,000 in the case of a fee interest, immediately so notify the Collateral Agent, setting forth with specificity
a description of the interest acquired, the location of the real property, and, in the case of a fee interest, any structures or improvements
thereon and either an appraisal or such Loan Party’s good faith estimate of the current value of such real property (for purposes
of this Section, the “Current Value”). The Collateral Agent shall notify such Loan Party whether it intends to require
a Mortgage (and any other Real Property Deliverables) in respect of any fee interest or landlord’s waiver (pursuant to Section 7.1(m))
with respect to such New Facility. Upon receipt of such notice requesting a Mortgage (and any other Real Property Deliverables) or landlord’s
waiver, the Person that has acquired such New Facility shall promptly furnish the same to the Collateral Agent. The Borrower shall pay
all fees and expenses, including, without limitation, reasonable attorneys’ fees and expenses, and all title insurance charges and
premiums, in connection with each Loan Party’s obligations under this Section 7.1(n).

(o) Lender
Meetings. Upon the request of any Agent or the Required Lenders (which request, so long as no Event of Default shall have occurred
and be continuing, shall not be made more than once during each fiscal quarter), participate in a meeting with the Agents and the Lenders
at the Borrower’s corporate offices (or at such other location as may be agreed to by the Borrower and such Agent or the Required
Lenders) or via teleconference at such time as may be agreed to by the Borrower and such Agent or the Required Lenders.

(p) Anti-Corruption
Laws; Anti-Money Laundering Laws; Sanctions.

(i) Maintain,
and cause each of its Subsidiaries to maintain, policies and procedures designed to promote compliance by each Loan Party, its Subsidiaries
and their respective directors, officers, employees and agents with all Anti-Corruption Laws and Anti-Money Laundering Laws.

(ii) Comply,
and cause each of its Subsidiaries to comply with all applicable Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions.

(iii) No
Loan Party nor, to the best knowledge of any Loan Party, any director, officer, employee or any Person acting on behalf of any Loan Party
will engage in any activity that would breach any Anti-Corruption Law.

(iv) Promptly
notify the Administrative Agent of any action, suit or investigations by any court or Governmental Authority in relation to an alleged
breach of the Anti-Corruption Law.

(v) Not
directly or indirectly, use, lend or contribute the proceeds of any Loan for any purpose that would breach any Anti-Corruption Law.

(vi) Each
Loan Party and Affiliate, officer, employee or director, acting on behalf of the Loan Party is (and will take no action which would result
in any such Person not being) in compliance, in all material respects, with (A) all applicable OFAC rules and regulations, (B) all
applicable United States of America, United Kingdom, United Nations, European Union, German, Canadian, Australian and all other reasonable
internationally respected national autonomous sanctions, embargos and trade restrictions and (C) all applicable provisions of the
USA PATRIOT Act. In addition, none of the activities or business of any Loan Party includes any kind of activities or business of or with
any Person or in any country or territory that is subject to any Sanctions.

(vii) In
order to comply with the “know your customer/borrower” requirements of the Anti-Money Laundering Laws, promptly provide to
the Administrative Agent upon its reasonable request from time to time (A) information relating to individuals and entities affiliated
with any Loan Party that maintain a business relationship with the Administrative Agent and (B) such identifying information and documentation
as may be available for such Loan Party in order to enable the Administrative Agent or any Lender to comply with Anti-Money Laundering
Laws.

(q) Further
Assurances. Take such action and execute, acknowledge and deliver, and cause each of its Subsidiaries to take such action and execute,
acknowledge and deliver, at its sole cost and expense, such agreements, instruments or other documents as any Agent may reasonably require
from time to time in order (i) to carry out more effectively the purposes of this Agreement and the other Loan Documents, (ii) to subject
to valid and perfected first priority Liens any of the Collateral or any other property of any Loan Party and its Subsidiaries, (iii)
to establish and maintain the validity and effectiveness of any of the Loan Documents and the validity, perfection and priority of the
Liens intended to be created thereby, and (iv) to better assure, convey, grant, assign, transfer and confirm unto each Secured Party the
rights now or hereafter intended to be granted to it under this Agreement or any other Loan Document. In furtherance of the foregoing,
to the maximum extent permitted by applicable law, each Loan Party (i) authorizes each Agent to execute any such agreements, instruments
or other documents in such Loan Party’s name and to file such agreements, instruments or other documents in any appropriate filing
office, (ii) authorizes each Agent to file any financing statement required hereunder or under any other Loan Document, and any continuation
statement or amendment with respect thereto, in any appropriate filing office without the signature of such Loan Party, and (iii) ratifies
the filing of any financing statement, and any continuation statement or amendment with respect thereto, filed without the signature of
such Loan Party prior to the date hereof.

Section 7.2. Negative
Covenants. So long as any principal of or interest on any Loan or any other Obligation (whether or not due) shall remain unpaid
(other than Contingent Indemnity Obligations) or any Lender shall have any Commitment hereunder, each Loan Party shall not, unless the
Required Lenders shall otherwise consent in writing: