FIRST LOAN MODIFICATION AGREEMENTFirst Loan Modification Agreement • March 11th, 2014 • Elron Electronic Industries LTD /Ny/ • Investors, nec
This First Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of April 25, 2013, by and between SILICON VALLEY BANK, a California corporation, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at 275 Grove Street, Suite 2-200, Newton, Massachusetts 02466 (“Bank”) and ELRON ELECTRONIC INDUSTRIES LTD., a company organized under the laws of the State of Israel, with its principal place of business at Triangle Building, Azrieli Center, 42nd Floor, Tel Aviv, Israel 67023 (“Borrower”).
