Request for Receipt of Credit in Foreign Currency

by AudioCodes
April 11th, 2013

 

Exhibit 4.26

 

Request for receipt of credit in foreign currency

 

No. of type Name of type
   
9035/9 Loan, in foreign currency at variable interest - dollar only

 

Customer details Credit Account (customer number) Customer name
  ###-######/## AudioCodes Ltd

 

Account details Type of account Account for provision Branch Bank Currency of account
  095 ######/## 978 10 0001/8 US dollars
  Type of account Account for provision Branch Bank Currency of account for defrayal
  095 ######/## 978 10 0001/8 US dollars
  Type of account Account for provision Branch Bank Currency of account for commissions
  095 ######/## 978 10 0001/8 US dollars
Credit details Sum of credit      
  6,000,000.00 Six million only**********************
  Currency of credit      
  0001/8 US dollar      
  Term of credit   Date of provision of credit Designation of credit
  60 months from the date of provision of the credit September 28th 2011  

 

Credit details Variable credit Interest margin Accrued period Term of interest for definition of Libor
  3.1250% per annum 2.7500% per annum above “Libor” basis ### months 3 months
  Frequency of payment      
  03 - quarterly on the 28th of each of the months December, March, June, September
  Date of first payment Date of last payment  
  December 28th 2011 September 28th 2016  
Defrayal of capital Number of inclusive payments Frequency of payments  
  20 03 - quarterly  
  On the 28th of the months December, March, June, September
  Total of each payment
  From the 1st payment and until payment of the 20th  300,000.00 US dollars
             

 

 
 

 

  Three hundred thousand dollars only ****************** each payment
   
  Date of first payment Date of last payment  
  December 28th 2011 September 28th 2016  
Additional charges Collection fees for periodic repayment Commissions from securities Other charges
  NIS 105.40 NIS 0.00 NIS 0.00
  Handling fees for credit: 3100.00 US dollars
Special details Symbol for exchange rate Percentage of benefit/irregular exchange rate Symbol for exchange rate commission Percentage of benefit from exchange rate commission
  0 - today/continual benefits 0.000000 0 - regular/ continual benefits 00
  Percentage of benefit for commission Method of defrayal of the loan Symbol of credit of account Symbol for commission for loan
  Provision 0.00 1- regular defrayal from reported defrayal account 1 - current account 0 - regular
             

***Irrelevant for the abovementioned type of credit

 

We agree that all the conditions noted in the second page hereinafter apply to this request, and our signature constitutes confirmation of our consent to the abovementioned conditions and to the detailed noted above.

 

Signature of customer:   Audiocodes Ltd
  (signature)   (signature)
  Private Co. 520044132

 

For internal use

 

Renewal symbol: 2 non-renewable loan  
   
Symbol of defrayal interest: 0 - regular interest Symbol of average term: 0 - none
   
Exporter No: Export document No.
   
Approving entity: Approval No.
   
Affiliated account: Symbol of affiliated account
   
Sum of reprocessed capital:  

 

2
 

 

Exhibit 4.26

 

Request for receipt of credit in foreign currency

 

No. of type Name of type
   
9035/9 Loan, in foreign currency at variable interest - dollar only

 

Customer details Credit Account (customer number) Customer name
  ###-######/## AudioCodes Ltd

 

Account details Type of account Account for provision Branch Bank Currency of account
  095 ######/## 978 10 0001/8 US dollars
  Type of account Account for provision Branch Bank Currency of account for defrayal
  095 ######/## 978 10 0001/8 US dollars
  Type of account Account for provision Branch Bank Currency of account for commissions
  095 ######/## 978 10 0001/8 US dollars
Credit details Sum of credit      
  6,000,000.00 Six million only**********************
  Currency of credit      
  0001/8 US dollar      
  Term of credit   Date of provision of credit Designation of credit
  60 months from the date of provision of the credit September 28th 2011  

 

Credit details Variable credit Interest margin Accrued period Term of interest for definition of Libor
  3.7750% per annum 3.4000% per annum above “Libor” basis ### months 3 months
  Frequency of payment      
  03 - quarterly on the 28th of each of the months December, March, June, September
  Date of first payment Date of last payment  
  December 28th 2011 September 28th 2016  
Defrayal of capital Number of inclusive payments Frequency of payments  
  20 03 - quarterly  
  On the 28th of the months December, March, June, September
  Total of each payment
  From the 1st payment and until payment of the 20th  300,000.00 US dollars
             

 

 
 

 

  Three hundred thousand dollars only ****************** each payment
   
  Date of first payment Date of last payment  
  December 28th 2011 September 28th 2016  
Additional charges Collection fees for periodic repayment Commissions from securities Other charges
  NIS 105.40 NIS 0.00 NIS 0.00
  Handling fees for credit: 3100.00 US dollars
Special details Symbol for exchange rate Percentage of benefit/irregular exchange rate Symbol for exchange rate commission Percentage of benefit from exchange rate commission
  0 - today/continual benefits 0.000000 0 - regular/ continual benefits 00
  Percentage of benefit for commission Method of defrayal of the loan Symbol of credit of account Symbol for commission for loan
  Provision 0.00 1- regular defrayal from reported defrayal account 1 - current account 0 - regular
             

***Irrelevant for the abovementioned type of credit

 

We agree that all the conditions noted in the second page hereinafter apply to this request, and our signature constitutes confirmation of our consent to the abovementioned conditions and to the detailed noted above.

 

Signature of customer:   Audiocodes Ltd
  (signature)   (signature)
  Private Co. 520044132

 

For internal use

 

Renewal symbol: 2 non-renewable loan  
   
Symbol of defrayal interest: 0 - regular interest Symbol of average term: 0 - none
   
Exporter No: Export document No.
   
Approving entity: Approval No.
   
Affiliated account: Symbol of affiliated account
   
Sum of reprocessed capital:  

 

2