STANDARD LOAN AGREEMENT By and Between BANK OF AMERICA, N.A. and NEW 360 (which intends to change its name to Point.360 after the date hereof) Dated as of August 7, 2007Loan Agreement • November 13th, 2007 • Point 360 • Services-allied to motion picture production • California
Except during the Initial Pricing Period, the Applicable Margin shall be in effect from the date the most recent compliance certificate or financial statement is received by the Bank until the date the next compliance certificate or financial statement is received; provided, however, that if the Borrower fails to timely deliver the next compliance certificate or financial statement, the Applicable Margin from the date such compliance certificate or financial statement was due until the date such compliance certificate or financial statement is received by the Bank shall be the highest pricing level set forth above.
