Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 as follows: Amount paid on Borrower's account: $1,900,424.00 $1,900,424.00 Payment on Loan # 3400069949 -------------------------- Note Principal: $1,900,424.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1, 1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: Robexx X. Xxxxx By: Michxxx X. Xxxxxxx --------------------------------- -------------------------------- ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER. -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $1,900,424.00 03-01-1999 10-01-2001 3400169949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. LENDER: SIERRAWEST BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 XXXX XXXXXX XXXXXXX, SUITE 1000 1100 XXXXX XX. XXXXXXXXX, XX 00000-0000 FAIRXXXXX, XX 00000 ----------------------------------------------------------------------------------------------------------------
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 4,000,000.00 as follows: Amount paid on Borrower's accountUndisbursed Funds: $1,900,424.00 $1,900,424.00 Payment on Loan # 3400069949 -------------------------- 4,000,000.00 ------------- Note Principal: $1,900,424.00 4,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid In Cash: $20,000.00 $20,000.00 Loan Fees Other Charges Paid In Cash: $35.00 $35.00 UCC Search ------------- Total Charges Paid In Cash: $20,035.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1FEBRUARY 11, 19991997. BORROWER: BIOSOURCE TECHNOLOGIES, INC. Spectrian Corporation By: Robexx /s/ Xxxxxxx X. Xxxxx ByXxxxxxxxxx ------------------------------------------------ Name: Michxxx Xxxxxxx X. Xxxxxxx --------------------------------- -------------------------------- ROBEXX X. XXXXXXxxxxxxxxx, XXAIRMAN OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER. -------------------------------------------------------------------------------- 42 ' Title: President and CEO ----------------------- ------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $1,900,424.00 03-01-1999 10-01-2001 3400169949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. LENDER: SIERRAWEST BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 XXXX XXXXXX XXXXXXX, SUITE 1000 1100 XXXXX XX. XXXXXXXXX, XX 00000-0000 FAIRXXXXX, XX 00000 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 10,000,000.00 as follows: Amount paid on Borrower's accountUNDISBURSED FUNDS: $1,900,424.00 6,000,000.00 AMOUNT PAID ON BORROWER'S ACCOUNT: $1,900,424.00 4,000,000.00 $4,000,000.00 Payment on Loan # 3400069949 -------------------------- Note Principal400973000139 (MODIFY) AMOUNT PAID TO OTHERS ON BORROWER'S BEHALF: $1,900,424.00 0.00 ---------------- NOTE PRINCIPAL: $10,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: PREPAID FINANCE CHARGES PAID IN CASH: $12,500.00 $12,500.00 LOAN FEE ---------------- TOTAL CHARGES PAID IN CASH: $12,500.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN THE BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1JUNE 26, 19991997. BORROWER: BIOSOURCE TECHNOLOGIESNATIONAL TELEPHONE & COMMUNICATIONS, INC. By: Robexx /s/ Xxxxxx X. Xxxxx By: Michxxx Xxxxxxxxx ------------------------------------------- XXXXXX X. Xxxxxxx --------------------------------- -------------------------------- ROBEXX X. XXXXXXXXXXXXXX, XXAIRMAN CHIEF FINANCIAL OFFICER ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- NOTICE OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER. -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS FINAL AGREEMENT ------------------------------------------------------------------------------------------------------- Principal Loan Date Maturity Loan No Call Collateral Account Officer Initial $1,900,424.00 0310,000,000.00 06-0130-1999 10-01-2001 3400169949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- 1998 973000139 110 ------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- BORROWERitem -------------------------------------------------------------------------------- Borrower: BIOSOURCE TECHNOLOGIESNATIONAL TELEPHONE Lender: FIRST BANK AND TRUST & COMMUNICATIONS, INC. LENDER: SIERRAWEST BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 Irvine Regional Office - 400 0000 XXXX XXXXXX XXXXXXX0000 Xxxxxxxxx Xxxxx IRVINE, SUITE 1000 1100 XXXXX XX. XXXXXXXXX, XX 00000-0000 FAIRXXXXXCA 92614 Xxxxxx, XX 00000 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ -------------------------------------------------------------------------------- -------------------------------------------------------------------------- BY SIGNING THIS DOCUMENT EACH PARTY REPRESENTS AND AGREES THAT: (A) THE WRITTEN LOAN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES, (B) THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES, AND (C) THE WRITTEN LOAN AGREEMENT MAY NOT BE CONTRADICTED BY EVIDENCE OF ANY PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR UNDERSTANDINGS OF THE PARTIES. -------------------------------------------------------------------------- As used in this Notice, the following terms have the following meanings:
Appears in 1 contract
Samples: Loan Agreement (Incomnet Inc)
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 5,000,000.00 as follows: Amount paid on Borrower's accountAMOUNT PAID TO OTHERS ON BORROWERS BEHALF: $1,900,424.00 5,000,000.00 $1,900,424.00 Payment on Loan # 3400069949 -------------------------- Note Principal5,000,000.00 to EXTEND 7979623550-42 ------------- NOTE PRINCIPAL: $1,900,424.00 5,000,000.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1JULY 15, 19991995. BORROWER: BIOSOURCE TECHNOLOGIESSCIENTIFIC SOFTWARE - INTERCOMP, INC. ., A COLORADO CORPORATION By: Robexx X. Xxxxx By: Michxxx X. Xxxxxxx --------------------------------- -------------------------------- ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX RONAXX X. XXXXXXX, XXEASURERXXCRETARY ================================================================================ Variable Rate. -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- Line of Credit. 4 [BANK ONE LOGO] CHANGE IN TERMS AGREEMENT ------------------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO NO. CALL COLLATERAL ACCOUNT OFFICER INITIALS ------------------------------------------------------------------------------------------------------------------------ $1,900,424.00 031,500,000.00 08-0115-1999 10-01-2001 3400169949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- 1995 26 7979623550 410 ------------------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------ BORROWER: BIOSOURCE TECHNOLOGIESSCIENTIFIC SOFTWARE - INTERCOMP, INC. ., A LENDER: SIERRAWEST BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 XXXX XXXXXX XXXXXXXONE, SUITE 1000 1100 COLORADO, N.A. COLORADO CORPORATION DOWNTOWN BOULDER BANKING CENTER 1801 XXXXXXXXXX XXXXXX, XXX 000 2696 XXXXX XXXXXXXXXX XXXX. XXXXXXXXXXXXXXX, XX 00000-0000 FAIRXXXXXDENVXX, XX 00000 ----------------------------------------------------------------------------------------------------------------======================================================================================================================== PRINCIPAL AMOUNT: $1,500,000.00 DATE OF AGREEMENT: JULY 15, 1995 DESCRIPTION OF EXISTING INDEBTEDNESS. A PROMISSORY NOTE DATED SEPTEMBER 20, 1994 IN THE ORIGINAL PRINCIPAL AMOUNT OF $1,500,000.00. DESCRIPTION OF CHANGE IN TERMS. THE MATURITY DATE WILL NOW BE AUGUST 15, 1995. SEE BELOW FOR NEW INTEREST RATE. PROMISE TO PAY. SCIENTIFIC SOFTWARE - INTERCOMP, INC., A COLORADO CORPORATION ("Borrower") promises to pay to BANK ONE, COLORADO, N.A. ("LENDER"), OR ORDER, IN LAWFUL MONEY OF THE UNITED STATES OF AMERICA, THE PRINCIPAL AMOUNT OF ONE MILLION FIVE HUNDRED THOUSAND & 00/100 DOLLARS ($1,500,000.00) OR SO MUCH AS MAY BE OUTSTANDING, TOGETHER WITH INTEREST ON THE UNPAID OUTSTANDING PRINCIPAL BALANCE OF EACH ADVANCE. INTEREST SHALL BE CALCULATED FROM THE DATE OF EACH ADVANCE UNTIL REPAYMENT OF EACH ADVANCE.
Appears in 1 contract
Samples: Terms Agreement (Scientific Software Intercomp Inc)
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 95,000.00 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's account$0.00 behalf: $1,900,424.00 $1,900,424.00 Payment on Loan # 3400069949 -------------------------- ----------- Note Principal: $1,900,424.00 640,895.40 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1, 1999JUNE 14,1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: /s/ Robexx X. Xxxxx By: /s/ Michxxx X. Xxxxxxx -------------------------------- --------------------------------- -------------------------------- ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD XXESIDENT MICHXXX X. XXXXXXX, XXEASURER. -------------------------------------------------------------------------------- 42 ' XXEASURER ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $1,900,424.00 0395,000.00 06-0118-1999 10-01-2001 3400169949 2000 3400069792 10 111721 791 ---------------------------------------------------------------------------------------------------------------- 274 ---------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK (TIN: 77-0000000) 0000000 CENTRAL PACIFIC REGION 3333 XXXX XXXXXX XXXXXXX, SUITE #1000 1100 XXXXX XX. XXXXXXXXX, XX 00000-0000 FAIRXXXXX, XX 00000 ----------------------------------------------------------------------------------------------------------------00000
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 1,000,000.00 as follows: Amount paid on Borrower's account: $1,900,424.00 350,000.00 $1,900,424.00 350,000.00 Payment on Loan # 3400069949 -------------------------- 17650-34733 (RENEW) Amount paid to others on Borrower's behalf: $650,000.00 $650,000.00 UNDISBURSED; TO BE DISBURSED PER FUNDS TRANSFER AGREEMENT ------------- Note Principal: $1,900,424.00 1,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges. Prepaid Finance Charges Paid In Cash: $500.00 $500.00 DOCUMENT FEE ------------- Total Charges Paid In Cash: $500.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1APRIL 5, 19991994. BORROWER: BIOSOURCE TECHNOLOGIESVIASAT, INC. By: Robexx X. Xxxxx By: Michxxx X. x /s/ Gregxxx Xxxxxxx --------------------------------- -------------------------------- ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER. -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- ---------------------- AUTHORIZED SIGNER ================================================================================ 8 BUSINESS LOAN AGREEMENT ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $1,900,424.00 031,000,000.00 04-0105-1999 101994 07-0105-2001 3400169949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- 1995 17650-34733 040 50/51 105 /s/ ---------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIESVIASAT, INC. LENDER: SIERRAWEST SCRIPPS BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 XXXX 2290 XXXXXX XXXXXXX, SUITE 1000 1100 XXXXX XX. XXXXXXXXXXX XXXXX XXXXXXXX, XX 00000-0000 FAIRXXXXX7817 XXXXXXX XXXXXX X.X. XXX 0000 XX XXXXX, XX 00000 ----------------------------------------------------------------------------------------------------------------00000-0000 =============================================================================== THIS BUSINESS LOAN AGREEMENT BETWEEN VIASAT, INC. ("BORROWER") AND SCRIPPS BANK ("LENDER") IS MADE AND EXECUTED ON THE FOLLOWING TERMS AND CONDITIONS. BORROWER HAS RECEIVED PRIOR COMMERCIAL LOANS FROM LENDER OR HAS APPLIED TO LENDER FOR A COMMERCIAL LOAN OR LOANS AND OTHER FINANCIAL ACCOMMODATIONS, INCLUDING THOSE WHICH MAY BE DESCRIBED ON ANY EXHIBIT OR SCHEDULE ATTACHED TO THIS AGREEMENT. ALL SUCH LOANS AND FINANCIAL ACCOMMODATIONS, TOGETHER WITH ALL FUTURE LOANS AND FINANCIAL ACCOMMODATIONS FROM LENDER TO BORROWER, ARE REFERRED TO IN THIS AGREEMENT INDIVIDUALLY AS THE "LOAN" AND COLLECTIVELY AS THE "LOANS." BORROWER UNDERSTANDS AND AGREES THAT: (a) IN GRANTING, RENEWING, OR EXTENDING ANY LOAN, LENDER IS RELYING UPON BORROWER'S REPRESENTATIONS, WARRANTIES, AND AGREEMENTS, AS SET FORTH IN THIS AGREEMENT; (b) THE GRANTING, RENEWING, OR EXTENDING OF ANY LOAN BY LENDER AT ALL TIMES SHALL BE SUBJECT TO LENDER'S SOLE JUDGMENT AND DISCRETION; AND (c) ALL SUCH LOANS SHALL BE AND SHALL REMAIN SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS OF THIS AGREEMENT.
Appears in 1 contract
Samples: Terms Agreement (Viasat Inc)
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 5,000,000.00 as follows: Amount paid on Borrower's accountUndisbursed Funds: $1,900,424.00 4,975,000.00 Total Financed Prepaid Finance Charges: $1,900,424.00 Payment on Loan # 3400069949 -------------------------- 25,000.00 $25,000.00 Points ------------- Note Principal: $1,900,424.00 5,000,000.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1, 1999NOVEMBER 30,1998. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: /s/ Robexx X. Xxxxx By: /s/ Michxxx X. Xxxxxxx --------------------------------- -------------------------------- ------------------------------------- ------------------------------ ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER. XXEASURER -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION -------------------------------------------------------------------------------- AGREEMENT TO BORROW ---------------------------------------------------------------------------------------------------------------- PROVIDE INSURANCE -------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $1,900,424.00 035,000,000.00 11-0130-1998 11-30-1999 10-01-2001 3400169949 3400069949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- 274 -------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. LENDER: SIERRAWEST BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 XXXX XXXXXX XXXXXXX, SUITE 1000 1100 XXXXX XX. XXXXXXXXX, XX 00000-0000 FAIRXXXXX, XX 00000 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ INSURANCE REQUIREMENTS. BIOSOURCE TECHNOLOGIES, INC. ("Grantor") understands that insurance coverage is required in connection with the extending of a loan or the providing of other financial accommodations to Grantor by Lender. These requirements are set forth in the security documents. The following minimum insurance coverages must be provided on the following described collateral (the "Collateral"):
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 1,503,985.26 as follows: Amount paid on Borrower's accountAMOUNT PAID ON BORROWER'S ACCOUNT: $1,900,424.00 1,503,985.26 $1,900,424.00 1,503,985.26 Payment on Loan # 3400069949 -------------------------- Note Principal------------- NOTE PRINCIPAL: $1,900,424.00 1,503,985.26 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1, 1999JUNE 7,1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: Robexx X. Xxxxx By: Michxxx X. Xxxxxxx --------------------------------- -------------------------------- -------------------------------------- ------------------------------ ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER. -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- PROMISSORY NOTE ================================================================================ PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $1,900,424.00 03640,895.40 02-0107-1999 2000 10-01-2001 3400169949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- 0002 04A0 210 894071 282475 References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- Any item above containing "***" has been omitted due to text length limitations. BORROWER: LARGE SCALE BIOLOGY CORPORATION FORMERLY KNOWN AS LENDER: BANK OF THE WEST BIOSOURCE TECHNOLOGIES, INC. LENDER: SIERRAWEST BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION NORTX XXXXXX XXXXXXXX XXXXXXX XXXXXX #000 3333 XXXX XXXXXX XXXXXXX, SUITE #1000 1100 XXXXX XX. 1651 XXXXXXXX XXXX XXXXXXXXX, XX 00000-0000 FAIRXXXXXSACRXXXXXX, XX 00000 ----------------------------------------------------------------------------------------------------------------(800) 000-0000
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,900,424.00 1,500,000.00 as follows: Undisbursed Funds: $1,500,000.00 Amount paid on Borrower's account: $1,900,424.00 $1,900,424.00 Payment on Loan # 3400069949 -------------------------- $ 0.00 ------------- Note Principal: $1,900,424.00 1,500,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $3,750.00 $3,750.00 Loan Fee --------- Total Charges Paid in Cash: $3,750.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED MARCH 1MAY 27, 19991998. BORROWER: BIOSOURCE TECHNOLOGIES, INC. OPTIMUMCARE CORPORATION By: Robexx EDWAXX X. Xxxxx By: Michxxx X. Xxxxxxx --------------------------------- -------------------------------- ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX XXXXXXX ----------------------------------- EDWAXX X. XXXXXXX, XXEASURERXXESIDENT LOAN AGREEMENT ================================================================================================================================== Principal Loan Date Maturity Loan No. -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS Call Collateral Account Officer Initials $1,900,424.00 031,500,000.00 05-01-1999 10-01-2001 3400169949 10 111721 791 ---------------------------------------------------------------------------------------------------------------- 4000928 51 5005 382 ---------------------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------- BORROWER================================================================================================================================== Borrower: BIOSOURCE TECHNOLOGIES, INC. LENDER: SIERRAWEST BANK OPTIMUMCARE CORPORATION (TIN: 7733-0000000) CENTRAL PACIFIC REGION 3333 XXXX XXXXXX XXXXXXXLender: SOUTHERN CALIFORNIA BANK 30010 XXX XXXXX XXXXX #219 ORANGE COUNTY CORPORATE BANKING LAGUXX XXXXXX, SUITE 1000 1100 XXXXX XX. XXXXXXXXXXX 00000 P.O. XXX 000 XX XXXXXX, XX 00000-0000 FAIRXXXXX, XX 00000 ----------------------------------------------------------------------------------------------------------------
Appears in 1 contract
