Amendment to Streamline Facility Agreement. The paragraph entitled “Monthly Borrowing Base” is hereby amended in its entirety to read as follows: Within 20 days after the end of each month, Borrower shall deliver to Silicon a Borrowing Base Certificate signed by the Chief Executive Officer, President, Chief Financial Officer or Controller of Borrower on Silicon’s standard form, together with aged listings of accounts receivable and accounts payable, and transaction reports including sales, credit memoranda and collection journals and all other monthly reporting requirements set forth in the Loan Agreement, provided, however, if Borrower maintains more than $2,000,000 in cash with
Amendment to Streamline Facility Agreement. The second paragraph of the Streamline Facility Agreement, dated June 10, 2005, between Borrower and Bank (the “Streamline Agreement”), is hereby amended and restated to read in full as follows: “This will confirm the agreement of Silicon and Borrower that the following provisions shall apply, effective from and after the date hereof, so long as: (i) no Default or Event of Default has occurred and is continuing; (ii) Borrower is not in breach of its obligations under this Agreement; and (iii) either: (1) there are no Obligations outstanding with respect to the Domestic Credit Line of the EXIM Credit Line (but without taking into account outstanding Letters of Credit) or (2) outstanding Letters of Credit do not exceed $3,500,000 in the aggregate (such application of the following provisions is referred to as the “Streamline Option”):
Amendment to Streamline Facility Agreement. Section 2 of the Streamline Agreement is hereby amended and restated to read in full as follows:
