ACCOUNT PLEDGE AGREEMENTAccount Pledge Agreement • November 14th, 2002 • Essential Therapeutics Inc • Pharmaceutical preparations • Massachusetts
ACCOUNT PLEDGE AGREEMENT (“this Agreement”) dated as of September 25, 2002 between Essential Therapeutics, Inc., a Delaware corporation (the “Pledgor”) and Fleet National Bank (the “Pledgee”).
ESSENTIAL THERAPEUTICS, INC. Waltham, MA 02451Essential Therapeutics Inc • November 14th, 2002 • Pharmaceutical preparations • Massachusetts
This letter agreement will set forth certain understandings between Essential Therapeutics, Inc., a Delaware corporation (the “Borrower”) and Fleet National Bank (the “Bank”) with respect to Term Loans (hereinafter defined) to be made by the Bank to the Borrower. In consideration of the mutual promises contained herein and in the other documents referred to below, and for other good and valuable consideration, receipt and sufficiency of which are hereby acknowledged, the Borrower and the Bank agree as follows:
