Inspire Medical amends loan agreement to set German subsidiary asset and income limits

Inspire Medical Systems, Inc.

German subsidiary GMBH exempted from subsidiary joinder requirements in loan agreement.
GMBH cannot hold IP; cash limited to $7M and annual net income over €2M must be transferred to parent.
Permitted foreign bank account aggregate limit raised to $10M from prior $10M (no change?) – actually increased from previous unspecified lower limit.
Quarterly investment cap of $5M in GMBH added as Permitted Investment.

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