Common use of DESCRIPTION OF EXISTING INDEBTEDNESS Clause in Contracts

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated December 10, 1996, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Revolving Committed Line in the original principal amount of One Million Five Hundred Thousand Dollars ($1,500,000). The Loan Agreement was amended pursuant to, among other documents, a Second Amendment to Loan and Security Agreement, dated October 28, 1998 pursuant to which, among other things, the Revolving Committed Line was amended to Ten Million Dollars ($10,000,000). Defined terms used but not otherwise defined herein shall have the same meanings as in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness."

Appears in 4 contracts

Samples: Loan Modification Agreement (Crossworlds Software Inc), Loan Modification Agreement (Crossworlds Software Inc), Loan Modification Agreement (Crossworlds Software Inc)

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DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a an Amended and Restated Loan and Security Agreement, dated December 1022, 19961999, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Committed Revolving Line in the original principal amount of Two Million Dollars ($2,000,000) and a Committed Equipment Line in the original principal amount of One Hundred Thousand Dollars ($100,000). Pursuant to a Loan Modification Agreement dated April 28, 2000, the Committed Revolving Line was increased to Three Million Dollars ($3,000,000) and a Term Loan Commitment was incorporated, in the original principal amount of Five Hundred Thousand Dollars ($1,500,000500,000). The Loan Agreement was amended pursuant toAdditionally, among other documents, a Second Amendment to Loan and Security Agreement, dated October 28, 1998 pursuant to whicha Loan Modification Agreement dated November 7, among other things2000, the Revolving Committed Line Term Loan Commitment was amended increased to Ten Two Million Dollars ($10,000,0002,000,000). Defined terms used but not otherwise defined herein shall have the same meanings as set forth in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness."

Appears in 2 contracts

Samples: Loan Modification Agreement (Sento Corp), Loan Modification Agreement (Sento Corp)

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a an Amended and Restated Loan and Security Agreement, dated December July 10, 19962000, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Committed Revolving Committed Line in the original principal amount of One Ten Million Five Hundred Thousand Dollars ($1,500,00010,000,000). The Loan Agreement was amended has been modified pursuant to, among other documents, a Second Amendment to Loan and Security Agreement, Modification Agreement dated October December 28, 1998 2001, pursuant to which, among other things, the original principal amount of the Committed Revolving Committed Line was amended decreased to Ten Three Million Dollars ($10,000,0003,000,000). Defined terms used but not otherwise defined herein shall have the same meanings as set forth in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness."

Appears in 1 contract

Samples: Loan Modification Agreement (Kana Software Inc)

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated December 10July 3, 1996, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Revolving Committed Line in the original principal amount of One Million Five Hundred Thousand Dollars ($1,500,0001,000,000) (the "Revolving Facility"). The Loan Agreement was amended Revolving Facility has been modified pursuant to, to among other documents, a Second documents an Amendment to Loan and Security AgreementAgreement dated June 10, dated October 281998, 1998 pursuant to which, among other things, the principal amount of the Revolving Committed Line Facility was amended increased to Ten Million Dollars ($10,000,000). Defined terms used but not otherwise defined herein shall have the same meanings as in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness."

Appears in 1 contract

Samples: Loan Modification Agreement (FVC Com Inc)

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated December 1020, 19961995, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Revolving Committed Line in the original principal amount of One Five Million Five Hundred Thousand Dollars ($1,500,0005,000,000.00),(the "Revolving Facility"). The Loan Agreement was amended has been modified pursuant to, among other documents, a Second an Amendment to Loan and Security AgreementAgreement dated May 27, dated October 281998, 1998 pursuant to which, among other things, the Revolving Committed Line was amended decreased to Ten Three Million Eight Hundred Fifty Thousand Dollars ($10,000,000)3,850,000.00) subject to a Cap Amount. Defined terms used but not otherwise defined herein shall have the same meanings as in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness"."

Appears in 1 contract

Samples: Loan Modification and Forbearance Agreement (Fresh Choice Inc)

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated December 10March 20, 19961998, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Revolving Committed Line in the original principal amount of One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000). The Loan Agreement was amended pursuant to, among other documents, 1,500,000.00) and a Second Amendment to Loan and Security Agreement, dated October 28, 1998 pursuant to which, among other things, the Revolving Equipment Committed Line was amended to Ten in the original principal amount of Two Million and 00/100 Dollars ($10,000,0002,000,000.00), however capped at One Million and 00/100 Dollars ($1,000,000.00) until Borrower meets certain criteria as set forth in Section 2.2 (a) of the Loan Agreement. Defined terms used but not otherwise defined herein shall have the same meanings as in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness."

Appears in 1 contract

Samples: Loan Modification Agreement (Alteon Websystems Inc)

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated December 10June 14, 1996, together with all schedules thereto (the "Loan Agreement"), as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Revolving Committed Line in the original principal amount of One Million Five Hundred Thousand Dollars ($1,500,0001,000,000) (the "Revolving Facility"). The Loan Agreement was amended Revolving Facility has been modified pursuant to, among other documents, a Second Amendment to an Loan Modification and Security Assumption Agreement, dated October 28April 14, 1998 1998, pursuant to whichto, among other things, things the Revolving Committed Line was amended increased to Ten Seven Million Dollars ($10,000,0007,000,000). Defined terms used but not otherwise defined herein shall have the same meanings as in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness"."

Appears in 1 contract

Samples: Loan Modification Agreement (Exodus Communications Inc)

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DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a to that certain Amended and Restated Loan and Security AgreementAgreement dated as of March 31, 2002 as amended by that certain Modification to Amended and Restated Loan and Security Agreement dated December 10as of February 28, 19962003, and that certain Second Modification to Amended and Restated Loan and Security Agreement dated as of even date herewith (as may be further amended from time to time, (the "Loan Agreement"). The Loan Agreement provided provides for, among other things, a Committed Revolving Committed Line in the original principal amount of One Twenty-Seven Million Five Two Hundred Fifty Thousand Dollars ($1,500,00027,250,000). The Loan Agreement was amended pursuant to, among other documents, a Second Amendment to Loan and Security Agreement, dated October 28, 1998 pursuant to which, among other things, the Revolving Committed Line was amended to Ten Million Dollars ($10,000,000). Defined Capitalized terms used but not otherwise defined herein shall have the same respective meanings as accorded to them in the Loan Agreement. Hereinafter, ; provided that hereinafter all indebtedness owing by Borrower to Bank under the Loan Agreement shall be referred to as the "Indebtedness."

Appears in 1 contract

Samples: Loan and Security Agreement (Broadvision Inc)

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to BankSilicon, Borrower is indebted to Bank Silicon pursuant to, among other documents, a Loan and Security Agreement, dated December March 10, 19961992 (including the Schedule thereto), as may be amended from time to time, time (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Revolving Committed Line Credit Limit in the original principal amount of One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000500,000.00) (the "A/R Facility"). The Loan Agreement was amended A/R Facility has been modified pursuant to, among other documents, a Second Amendment to Loan and Security AgreementModification Agreement dated November 15, dated October 281996, 1998 pursuant to which, among other things, the Revolving Committed Line Credit Limit was amended decreased to Ten Million One Hundred Eighty Five Thousand and 00/100 Dollars ($10,000,000185,000.00). Defined terms used but not otherwise defined herein shall have the same meanings as in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank Silicon shall be referred to as the "Indebtedness."

Appears in 1 contract

Samples: Loan Modification Agreement (Eip Microwave Inc)

DESCRIPTION OF EXISTING INDEBTEDNESS. Among other indebtedness which may ------------------------------------ be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a an Amended and Restated Loan and Security Agreement, dated December 10August 6, 19961998, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provided for, among other things, a Committed Revolving Committed Line in the original principal amount of One Million Five Hundred Thousand Dollars ($1,500,0001,000,000). The Loan Agreement was amended modified, pursuant to, among other documentsthings, a Second Amendment to Loan and Security AgreementModification Agreement dated February 22, dated October 281999, 1998 pursuant to which, among other things, the Committed Revolving Committed Line was amended increased to Ten One Million Five Hundred Thousand Dollars ($10,000,0001,500,000). Defined terms used but not otherwise defined herein shall have the same meanings as in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Indebtedness."

Appears in 1 contract

Samples: Loan and Security Agreement (Talarian Corp)

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