Common use of DESCRIPTION OF EXISTING OBLIGATIONS Clause in Contracts

DESCRIPTION OF EXISTING OBLIGATIONS. Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, an Amended and Restated Loan and Security Agreement, dated August 20, 2001, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provides for, among other things, a Committed Revolving Line in the original principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000) and a Term Loan in the original principal amount of Seven Million Five Hundred Thousand Dollars ($7,500,000). 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 "Obligations."

Appears in 2 contracts

Samples: Loan Modification Agreement (Intrabiotics Pharmaceuticals Inc /De), Loan Modification Agreement (Intrabiotics Pharmaceuticals Inc /De)

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DESCRIPTION OF EXISTING OBLIGATIONS. Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, an Amended and Restated Loan and Security Agreement, dated August 20January 23, 20012004, as may be amended from time to time, (the "Loan Agreement"). The Loan Agreement provides for, among other things, a Committed Revolving Line in the original principal amount of Two Four Million Five Hundred Thousand Dollars ($2,500,0004,000,000) and a Term Loan Committed Equipment Line in the original principal amount of Two Million Fifty Two Thousand Seven Million Five Hundred Thousand Twenty Seven Dollars ($7,500,0002,052,727). 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 "Obligations."

Appears in 1 contract

Samples: Loan Modification Agreement (California Micro Devices Corp)

DESCRIPTION OF EXISTING OBLIGATIONS. Among among other Obligations which --------------------------------------- may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, an Amended and Restated a Loan and Security Agreement, dated August 20March 29, 20012002, as may be amended from time to time, time (the "Loan Agreement"). The Loan Agreement provides for, among other things, a Committed Revolving Line in the original principal amount of Two Three Million five Hundred Thousand Dollars ($3,500,000) and a Committed Equipment Line in the original principal amount of One Million Five Hundred Thousand Dollars ($2,500,000) and a Term Loan in the original principal amount of Seven Million Five Hundred Thousand Dollars ($7,500,0001,500,000). Defined terms used but not otherwise defined herein shall have the same meanings as set forth in the Loan loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the "Obligations."

Appears in 1 contract

Samples: Loan Modification Agreement (Insightful Corp)

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DESCRIPTION OF EXISTING OBLIGATIONS. Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, an Amended and Restated a Loan and Security Agreement, dated August 20February 15, 20012002, (as may be amended amended, restated, or otherwise modified from time to time, (the "Loan Agreement"). The Loan Agreement provides for, among other things, a Committed Revolving Line in the original principal amount of Two One Million Five Hundred Thousand Dollars ($2,500,0001,000,000) and a Term Loan Committed Equipment Line in the original principal amount of Seven One Million Five Hundred Thousand Dollars ($7,500,0001,000,000). 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 "Obligations."

Appears in 1 contract

Samples: Loan Modification Agreement (Infonow Corp /)

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