TELEPHONE REQUEST Clause Samples
The TELEPHONE REQUEST clause establishes the procedures and conditions under which requests or instructions may be made via telephone in the context of a contract or agreement. Typically, this clause outlines who is authorized to make or receive such requests, the types of matters that can be handled over the phone, and any requirements for subsequent written confirmation to ensure accuracy. Its core function is to facilitate efficient communication while maintaining a record of important decisions or instructions, thereby reducing misunderstandings and ensuring accountability.
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TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. --------------------------------------------------- ----------------------- Authorized Requester Phone # --------------------------------------------------- ----------------------- Received By (Bank) Phone # --------------------------------------------- Authorized Signature (Bank) EXHIBIT C COMPLIANCE CERTIFICATE TO: COMERICA BANK - CALIFORNIA FROM: THE MEDICINES COMPANY The undersigned authorized officer of THE MEDICINES COMPANY hereby certifies that in accordance with the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the "Agreement"), (i) Borrower is in complete compliance for the period ending _______________ with all required covenants except as noted below and (ii) all representations and warranties of Borrower stated in the Agreement are true and correct as of the date hereof. Attached herewith are the required documents supporting the above certification. The Officer further certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are consistently applied from one period to the next except as explained in an accompanying letter or footnotes. PLEASE INDICATE COMPLIANCE STATUS BY CIRCLING YES/NO UNDER "COMPLIES" COLUMN. REPORTING COVENANT REQUIRED COMPLIES ------------------ -------- -------- Monthly financial statements Monthly within 30 days Yes No Annual (CPA Audited) FYE within 90 days Yes No Management Letter from Borrower's CPA firm FYE within 90 days Yes No Annual Budget FYE within 90 days Yes No 10K and 10Q (as applicable) Yes No
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me.
TELEPHONE REQUEST. The following person is authorized to request the loan payment transger/loan advance on the advance designated account and is known to me. --------------------------------------- --------------------------------- Authorized Requester Phone# --------------------------------------- --------------------------------- Received By (Bank) Phone # ----------------------------------- Authoreized Signature (Bank)
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------------------------------------------------------- Authorized Requester --------------------------------- Authorized Signature (Bank) Phone # ------------------------- EXHIBIT C BORROWING BASE CERTIFICATE Borrower: Digirad Corporation Bank: Silicon Valley Bank Commitment Amount: $_______________ ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as of _______ $ __________ 2. Additions (please explain on reverse) $ __________ 3. TOTAL ACCOUNTS RECEIVABLE $ __________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due $ ___________ 5. Balance of 50% over 90 day accounts or 25% as to identified accounts $ __________ 6. Concentration Limits (special limits apply to identified accounts) $ __________ 7. Foreign Accounts $ __________ 8. Governmental Accounts $ __________ 9. Contra Accounts $ __________ 10. Promotion or Demo Accounts $ __________ 11. Intercompany/Employee Accounts $ __________ 11A Accounts that are not otherwise Collateral $ __________ 12. Other (please explain on reverse) $ __________ 13. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $ __________ 14. Eligible Accounts (#3 minus #13) $ __________ 15. LOAN VALUE OF ACCOUNTS (80% of #14) INVENTORY $ __________ 16. Inventory Value as of _________ $ __________ 17. LOAN VALUE OF INVENTORY (30% of #16) (up to 300K) $ __________ BALANCES 18. Maximum Loan Amount $ __________ 19. Total Funds Available [Lesser of # 1 8 or (# 1 5 plus 17)] $ __________ 20. Present balance owing on Line of Credit $ __________ 21. Outstanding under Sublimits ( ) $ __________ 22. RESERVE POSITION (# 1 9 minus #20 and #21) $ __________ THE UNDERSIGNED REPRESENTS AND WARRANTS THAT THE FOREGOING IS TRUE, COMPLETE AND CORRECT, AND THAT THE INFORMATION REFLECTED IN THIS BORROWING BASE CERTIFICATE COMPLIES WITH THE REPRESENTATIONS AND WARRANTIES SET FORTH IN THE LOAN AND SECURITY AGREEMENT BETWEEN THE UNDERSIGNED AND SILICON VALLEY BANK. COMMENTS: ==================================== BANK USE ONLY Received By: _______________________ Date: ______________________________ Reviewed By ________________________ Compliance Status: Yes / No ==================================== ----------------------------------------------------- By: -------------------------------------------------- Authorized Signer EXHIBIT D COMPLIANCE CERTIFICATE TO: SILICON VALLEY...
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ______________________________ Authorized Requester ______________________________ Authorized Signature (Bank) Phone # ________________ ________________________________________________________________________________ 30 EXHIBIT C --------- BORROWING BASE CERTIFICATE -------------------------- Borrower: Concord Communications, Inc. Lender: Silicon Valley Bank 33 B▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 3003 ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Sant▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇mmitment Amount: $2,500,000 ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as of $ _______ 2. Additions (please explain on reverse) $ _______ 3. TOTAL ACCOUNTS RECEIVABLE $ _______ ACCOUNTS RECEIVABLE DEDUCTIONS 4. Amounts over 90 days due $ _______ 5. Balance of 50% over 90 day accounts $ _______ 6. Concentration Limits $ _______ 7. Ineligible Foreign Accounts $ _______ 8. Governmental Accounts $ _______ 9. Contra Accounts $ _______ 10. Promotion or Demo Accounts $ _______ 11. Intercompany/Employee Accounts $ _______ 12. Other (please explain on reverse) $ _______ 13. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $ _______ 14. Eligible Accounts (#3 - #13) $ _______ 15. LOAN VALUE OF ACCOUNTS (90% of #14) $ _______ BALANCES 16. Maximum Loan Amount $2,500,000 17. Total Funds Available (Lesser of #16 or (#l3 plus #15) $ _______ 18. Present balance owing on Line of Credit $ _______ 19. Outstanding under Sublimits ( ) $ _______ 20. RESERVE POSITIVE (#17 minus #18 and #19) $ _______ The undersigned represents and warrants that the foregoing is true, complete and correct, and that the information reflected in this Borrowing Base Certificate complies with the representations and warranties set forth in the Loan and Security Agreement dated as of April 3, 1997, as may be amended from time to time, between the undersigned and Silicon Valley Bank. COMMENTS: __________________________________________ BANK USE ONLY Received By: __________________________ CONCORD COMMUNICATIONS, INC. Date: _________________________________ Reviewed By: __________________________ Compliance Status: Yes / No __________________________________________ By; ________________________________ Authorized Signer EXHIBIT D --------- COMPLIANCE CERTIFICATE ---------------------- Borrower: Concord Communications, Inc. Lender: Silicon Valley Bank 33 B▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 3003 ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Sant▇ ▇▇▇▇▇, ▇▇ ▇▇▇...
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. TO: SILICON VALLEY BANK FROM: HEARME The undersigned authorized officer of HEARME certifies that under the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the Agreement ), (i) Borrower is in complete compliance for the period ending _______________ with all required covenants except as noted below and (ii) all representations and warranties in the Agreement are true and correct in all material respects on this date. Attached are the required documents supporting the certification. The Officer certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The Officer acknowledges that no borrowings may be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is delivered . Quarterly financial statements1 Quarterly within 45 days1 Yes No Annual (CPA Audited) FYE within 90 days Yes No 10-Q, 10K and 8-K Within 5 days after filing with SEC Yes No Maintain on a Quarterly Basis: Minimum Quick Ratio 1.75:1.002 _____:1.00 Yes No Minimum Revenue 3 $_____ Yes No Profitability Quarterly 4 $___________ Yes No 1 Monthly when unrestricted cash is less than $25,000,000. 2 Monthly when unrestricted cash is less than $25,000,000. 3 Greater than previous quarter, except decline permitted for Q499 to Q100. 4 Quarterly loss not to exceed: 6/30/00 ($12,500,000) 9/30/00 ($12,000,000) 12/31/00 ($11,500,000) 3/31/01 ($11,000,000) Comments Regarding Exceptions: See Attached. BANK USE ONLY Received by: Sincerely, AUTHORIZED SIGNER Date: Verified: SIGNATURE AUTHORIZED SIGNER Date: TITLE Compliance Status Yes No DATE
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. Authorized Requester: ____________________________ Authorized Signature (Bank) Phone # _______________________ 36 BORROWING BASE CERTIFICATE EXHIBIT C TO: SILICON VALLEY BANK FROM: HARMONIC LIGHTWAVES, INC. ("Borrower") Commitment Amount: $ ACCOUNTS RECEIVABLE
TELEPHONE REQUEST. Requesting a credit advance from your Express Credit Line to be applied to your designated account by telephone. Except for transaction covered by the federal Electronic Fund Transfers Act and unless otherwise agreed in the Account Agreement governing the Checking Account, you acknowledge and agree that we do not accept responsibility for the authenticity of telephone instructions and that we will not be liable for any loss, expense, or cost arising out of any telephone request, including any fraudulent or unauthorized telephone request, when acting upon such instructions believed to be genuine.
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/ loan advance on the advance designated account and is known to me. __________________________________ ____________________________ Authorized Requester Phone # __________________________________ ____________________________ Received by (Bank) Phone # _____________________________________ Authorized Signature (Bank) EXHIBIT C REVOLVING PROMISSORY NOTE $4,000,000 Palo Alto, California Date: October 16, 1997 HYBRID NETWORKS, INC. ("Borrower"), for value received, hereby promises to pay to the order of VENTURE BANKING GROUP, a division of Cupertino National Bank ("Bank"), in lawful money of the United States of America, pursuant to that certain Loan and Security Agreement dated as of October 16, 1997, by and between Borrower and Bank (the "Loan Agreement"), (i) the principal amount of $4,000,000 or, if lesser, (ii) the principal amount of all Advances outstanding as of the maturity date hereof. This Note is one of the Notes referred to in the Loan Agreement. All terms defined in the Loan Agreement shall have the same definitions when used herein, unless otherwise defined herein. Borrower further promises to pay interest on each Advance hereunder in like funds on the principal amount hereof from time to time outstanding from the date hereof until paid in full, at a rate or rates per annum and payable on the dates determined pursuant to the Loan Agreement. Payment on this Note shall be applied in the manner set forth in the Loan Agreement. The Loan Agreement contains provisions for acceleration of the maturity of Advances hereunder upon the occurrence of certain stated events and also provides for optional and mandatory prepayments of principal hereof prior to any stated maturity upon the terms and conditions therein specified. All Advances made by Bank to Borrower pursuant to the Loan Agreement shall be recorded by Bank on the books and records of Bank. The failure of Bank to record any Advance or any prepayment or payment made on account of the principal balance hereof shall not limit or otherwise affect the obligation of Borrower under this Note and under the Loan Agreement to pay the principal, interest and other amounts due and payable under the Advances. Any principal or interest payments on this Note not paid when due, whether at stated maturity, by acceleration or otherwise, shall bear interest at the Default Rate. Upon the occurrence and continuance of a default hereunder or an Eve...
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. _______________________________________________ _____________________________ Authorized Requester Phone # _______________________________________________ _____________________________ Received By (Bank) Phone # _________________________________________ Authorized Signature (Bank) 23 27 EXHIBIT C BORROWING BASE CERTIFICATE ------------------------------------------------------------------------------------------------------------------------------------ Borrower: SEEQ Technology, Incorporated Lender: Silicon Valley Bank Commitment Amount: $7,000,000 ------------------------------------------------------------------------------------------------------------------------------------ ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as of ___________ $_______________ 2. Additions (please explain on reverse) $_______________ 3. TOTAL ACCOUNTS RECEIVABLE $_______________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due $______________ 5. Balance of 50% over 90 day accounts $______________ 6. Concentration Limits $______________ 7. Foreign Accounts $______________ 8. Governmental Accounts $______________ 9. Contra Accounts $______________ 10. Promotion or Demo Accounts $______________ 11. Intercompany/Employee Accounts $______________ 12. Other (please explain on reverse) $______________ 13. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $_______________ 14. Eligible Accounts (#3 minus #13) $_______________ 15. LOAN VALUE OF ACCOUNTS (80% of #14) $_______________ BALANCES 16. Maximum Loan Amount $_______________ 17. Total Funds Available [Lesser of #16 or #15] $_______________ 18. Present balance owing on Line of Credit $_______________ 19. Outstanding under Sublimits ( ) $_______________ 20. RESERVE POSITION (#17 minus #18 and #19) $_______________ The undersigned represents and warrants that the foregoing is true, complete and correct, and that the information reflected in this Borrowing Base Certificate complies with the representations and warranties set forth in the Loan and Security Agreement between the undersigned and Silicon Valley Bank. COMMENTS: BANK USE ONLY ------------- Rec'd By:____________ Auth. Signer Date:________________ Verified:____________ Auth. Signer Date:________________ SEEQ Technology, Incorporated, a California corporation By:____________________________________ Authorized ...