Common use of Loans Clause in Contracts

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 21 contracts

Samples: Loan and Security Agreement (Sigma Designs Inc), Loan and Security Agreement (Terayon Communication Systems), Loan and Security Agreement (Adexa Inc)

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Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ”) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 11 contracts

Samples: Security Agreement (Maxwell Technologies Inc), Security Agreement (Three Five Systems Inc), Loan and Security Agreement (Unify Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretiongood faith business judgment, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 9 contracts

Samples: Security Agreement (Applied Precision, Inc.), Security Agreement (Tegal Corp /De/), Security Agreement (Atheros Communications Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretiongood faith business judgment, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 6 contracts

Samples: Loan and Security Agreement (Sento Corp), Loan and Security Agreement (P Com Inc), Loan and Security Agreement (Quinton Cardiology Systems Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 5 contracts

Samples: Loan and Security Agreement (Rasterops), Loan and Security Agreement (Global Village Communication Inc), Loan and Security Agreement (Truevision Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 4 contracts

Samples: Loan and Security Agreement (Scansoft Inc), Loan and Security Agreement (Scansoft Inc), Loan and Security Agreement (Globecomm Systems Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion*, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.. *GOOD FAITH BUSINESS JUDGMENT

Appears in 3 contracts

Samples: Loan and Security Agreement (Onyx Software Corp/Wa), Loan and Security Agreement (Onyx Software Corp/Wa), Loan and Security Agreement (Genus Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ”) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Artisoft Inc), Loan and Security Agreement (Double-Take Software, Inc.), Loan and Security Agreement (Vertical Communications, Inc.)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole commercially reasonable discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 3 contracts

Samples: Loan and Security Agreement (Collagenex Pharmaceuticals Inc), Loan and Security Agreement (Exchange Applications Inc), Loan and Security Agreement (Collagenex Pharmaceuticals Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 3 contracts

Samples: Loan and Security Agreement (Alibris Inc), Loan and Security Agreement (Divx Inc), Security Agreement (Adept Technology Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion*, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.. *GOOD-FAITH BUSINESS JUDGMENT

Appears in 2 contracts

Samples: Loan and Security Agreement (Viseon Inc), Loan and Security Agreement (Viseon Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, Silicon* up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.*. *IN ITS GOOD FAITH BUSINESS JUDGMENT

Appears in 2 contracts

Samples: Loan and Security Agreement (Verso Technologies Inc), Loan and Security Agreement (Verso Technologies Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, * up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.. *GOOD FAITH BUSINESS JUDGMENT

Appears in 2 contracts

Samples: Loan and Security Agreement (Omnicell Com /Ca/), Loan and Security Agreement (Omnicell Inc /Ca/)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretionsubject to the terms and conditions of this Agreement, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon Silicon, in the exercise of its commercially reasonable judgment, deems proper from time to time.

Appears in 2 contracts

Samples: Security Agreement (Lionbridge Technologies Inc /De/), Loan Agreement (Lionbridge Technologies Inc /De/)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole good-faith business judgment, sale discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Digirad Corp), Loan and Security Agreement (Digirad Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ”) up to the amounts (the "“Maximum Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Xplore Technologies Corp), Loan and Security Agreement (Xplore Technologies Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretionits* , up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.. *GOOD FAITH BUSINESS JUDGMENT

Appears in 1 contract

Samples: Loan and Security Agreement (Fourth Shift Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretiongood faith business judgment, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon Silicon, in its good faith business judgment, deems proper from time to time. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Ibasis Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves reserves for accrued interest and and, after the occurrence of the Transition Event, such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Diomed Holdings Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 1 contract

Samples: Security Agreement (Network Computing Devices Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment. Amounts borrowed may be repaid and reborrowed at any time during the term of this Agreement, without premium or penalty.

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon reasonably deems proper from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Infinium Software Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon (upon prior written notice to Borrower setting forth the basis of such deduction) deems proper from time to time. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Loan Modification Agreement (Aspen Technology Inc /De/)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretiondis-cretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 1 contract

Samples: Security Agreement (Entrada Networks Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of if Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Lightspan Partnership Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Cambridge Heart Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretiongood faith business judgment, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time in its good faith business judgment. Amounts advanced under the Loans, may be repaid and readvanced from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (U S Realtel Inc)

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Loans. Silicon will make loans to Borrower (the "Loans")) consisting of Equipment Loans and Revolving Loans as set forth in the Schedule, in amounts determined by Silicon in its sole discretiongood faith business judgment, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 1 contract

Samples: Loan and Security Agreement (Harmonic Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretionits*, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.. *GOOD-FAITH BUSINESS JUDGMENT,

Appears in 1 contract

Samples: Loan and Security Agreement (Identix Inc)

Loans. Silicon will make loans * to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.. * and other credit extensions

Appears in 1 contract

Samples: Security Agreement (Com21 Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time, upon notice to Borrower. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Satcon Technology Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up ”) ­up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time, upon notice to Borrower. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Satcon Technology Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Zhone Technologies Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretiongood faith business judgment, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.time in its good faith business judgment*. * IN ACCORDANCE WITH THE PROVISIONS SET FORTH IN THE DEFINITION OF THE TERM "RESERVES" BELOW IN SECTION 8

Appears in 1 contract

Samples: Loan and Security Agreement (Exabyte Corp /De/)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ”) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment.

Appears in 1 contract

Samples: Loan and Security Agreement (Therma Wave Inc)

Loans. Upon Borrower's written request therefor (which request shall be made in manner, form, and substance acceptable to Silicon), Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Firstwave Technologies Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon in good faith reasonably deems proper from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Datawatch Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to timetime in its good faith business judgment. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Chyron Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretiongood faith business judgment, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.time in its good faith business judgment*. * in accordance with the provisions set forth in the definition of the term "Reserves" below in Section 8

Appears in 1 contract

Samples: And Security Agreement (Exabyte Corp /De/)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon (upon prior written notice to Borrower setting forth the basis of such deduction) deems proper from time to time. Amounts borrowed may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Aspen Technology Inc /De/)

Loans. Silicon will make make. loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, its* up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.**. * GOOD-FAITH BUSINESS JUDGMENT, ** IN ITS GOOD-FAITH BUSINESS JUDGMENT

Appears in 1 contract

Samples: Loan and Security Agreement (Digirad Corp)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, ; provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper reasonably establishes from time to timetime in its good faith business judgment.

Appears in 1 contract

Samples: Loan and Security Agreement (Axeda Systems Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion* , up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time.. *GOOD FAITH BUSINESS JUDGMENT

Appears in 1 contract

Samples: Loan and Security Agreement (Genus Inc)

Loans. Silicon will make loans to Borrower (the "Loans"), in amounts determined by Silicon in its sole discretion, ) up to the amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is continuing, and subject to deduction of any Reserves for accrued interest and such other Reserves as Silicon deems proper from time to time. Amounts borrowed may be repaid and reborrowed during the term of this Agreement." and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Sixth Loan Modification Agreement (Globecomm Systems Inc)

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