Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's $0.00 behalf: ----------- Note Principal: $640,895.40 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $95,000.00 06-18-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK 77-0▇▇▇▇▇▇ CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 5,000,000.00 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's $0.00 behalf4,975,000.00 Total Financed Prepaid Finance Charges: ----------- $25,000.00 $25,000.00 Points ------------- Note Principal: $640,895.40 5,000,000.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999NOVEMBER 30,1998. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ------------------------------------- ------------------------------ ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT AIRMAN OF THE BOARD MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER ================================================================================ 77 CORPORATE RESOLUTION -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- AGREEMENT TO BORROW ---------------------------------------------------------------------------------------------------------------------- PROVIDE INSURANCE -------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $95,000.00 065,000,000.00 11-1830-2000 3400069792 1998 11-30-1999 3400069949 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK (TIN: 77-0▇▇▇▇▇▇ ▇) CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇ -------------------------------------------------------------------------------- INSURANCE REQUIREMENTS. BIOSOURCE TECHNOLOGIES, INC. ("Grantor") understands that insurance coverage is required in connection with the extending of a loan or the providing of other financial accommodations to Grantor by Lender. These requirements are set forth in the security documents. The following minimum insurance coverages must be provided on the following described collateral (the "Collateral"):
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 1,900,424.00 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's account: $0.00 behalf: ----------- 1,900,424.00 $1,900,424.00 Payment on Loan # 3400069949 -------------------------- Note Principal: $640,895.40 1,900,424.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999MARCH 1, 1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ --------------------------------- -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT AIRMAN OF THE BOARD MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER ================================================================================ 77 EASURER. -------------------------------------------------------------------------------- 42 ' CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $95,000.00 061,900,424.00 03-1801-2000 3400069792 1999 10-01-2001 3400169949 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- 791 ---------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK (TIN: 77-0▇▇▇▇▇▇ ▇) CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇ ----------------------------------------------------------------------------------------------------------------
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 150,000.00 as follows: Undisbursed Undisbursted Funds: $149,025.00 Other Charges Financed: $ 95,000.00 Amount paid to others on Borrower's 525.00 $0.00 behalf525.00 Documentary Stamp tax Total Financed Prepaid Finance Charges: $ 450.00 $450.00 Loan Fees ----------- Note Principal: $640,895.40 150,000.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999SEPTEMBER 13, 2000. BORROWER: BIOSOURCE TECHNOLOGIES, INC. UTEK Corporation By: /s/ Robe▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich------------------------------------------ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT MICH▇▇▇ ▇. ▇▇▇▇▇▇▇PHD, ▇▇EASURER CEO ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS ------------------------------------------------------------------------------------------------- Principal Loan Date Maturity Loan No Call Collateral Account Officer Initials $95,000.00 06150,000.00 09-1813-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- 3023 121320 30 ------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK 77-0▇▇▇▇▇▇ CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
Appears in 1 contract
Sources: Commercial Pledge and Security Agreement (Utek Corp)
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 as follows: Undisbursed Funds: $ 95,000.00 Revolving Line -------------- Amount paid to others on Borrower's $0.00 behalfBorrower directly: ----------- Note Principal$ ------------- Undisbursed Funds $ ------------- Principal $ ------------- CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: $640,895.40 Prepaid Finance Charges Paid in Cash: $ ------------- $ Loan Fee -------------- Other Charges Paid in Cash: $ ------------- $ UCC Filing Fees -------------- $ Outside Counsel Fees and -------------- Expenses (Estimate) Total Charges Paid in Cash $ ------------- FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999. BORROWER: BIOSOURCE TECHNOLOGIESAS OF _______________ , INC. By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $95,000.00 06-18-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK 77-0▇▇▇▇▇▇ CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇19___.
Appears in 1 contract
Sources: Loan and Security Agreement (Physicians Insurance Co of Ohio)
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 1,503,985.26 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's $0.00 behalf: ----------- Note PrincipalAMOUNT PAID ON BORROWER'S ACCOUNT: $640,895.40 1,503,985.26 $1,503,985.26 Payment on Loan # 3400069949 ------------- NOTE PRINCIPAL: $1,503,985.26 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,19997,1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- -------------------------------------- ------------------------------ ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT AIRMAN OF THE BOARD MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER EASURER. PROMISSORY NOTE ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $95,000.00 06640,895.40 02-1807-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- 10-01-2001 0002 04A0 210 894071 282475 References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- Any item above containing "***" has been omitted due to text length limitations. BORROWER: LARGE SCALE BIOLOGY CORPORATION FORMERLY KNOWN AS LENDER: BANK OF THE WEST BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK 77-0NORT▇ ▇▇▇▇▇▇ CENTRAL PACIFIC REGION ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ #▇▇▇ 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 1651 ▇▇▇▇▇▇▇▇ ▇▇. ▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIRSACR▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (800) ▇▇▇-▇▇▇▇
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 4,000,000.00 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's $0.00 behalf: ----------- 4,000,000.00 ------------- Note Principal: $640,895.40 4,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid In Cash: $20,000.00 $20,000.00 Loan Fees Other Charges Paid In Cash: $35.00 $35.00 UCC Search ------------- Total Charges Paid In Cash: $20,035.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999FEBRUARY 11, 1997. BORROWER: BIOSOURCE TECHNOLOGIES, INC. Spectrian Corporation By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $95,000.00 06-18-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- BORROWER▇ ------------------------------------------------ Name: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK 77-0▇▇▇▇▇▇▇ CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇Title: President and CEO ----------------------- ------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- CORPORATE RESOLUTION TO BORROW ------------------------------------------------------------------------------- -------------------------------------------------------------------------------
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 1,500,000.00 as follows: Undisbursed Funds: $ 95,000.00 $1,500,000.00 Amount paid to others on Borrower's $account: $ 0.00 behalf: ----------- ------------- Note Principal: $640,895.40 1,500,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $3,750.00 $3,750.00 Loan Fee --------- Total Charges Paid in Cash: $3,750.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999MAY 27, 1998. BORROWER: BIOSOURCE TECHNOLOGIES, INC. OPTIMUMCARE CORPORATION By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇EDWA▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT MICH▇----------------------------------- EDWA▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER ESIDENT LOAN AGREEMENT ================================================================================================================================== 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS Principal Loan Date Maturity Loan No. Call Collateral Account Officer Initials $95,000.00 061,500,000.00 05-1801-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- 1999 4000928 51 5005 382 ---------------------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- BORROWER================================================================================================================================== Borrower: BIOSOURCE TECHNOLOGIES, INC. OPTIMUMCARE CORPORATION (TIN: LENDER: SIERRAWEST BANK 7733-0▇▇▇▇▇▇) Lender: SOUTHERN CALIFORNIA BANK 3001▇ CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ #219 ORANGE COUNTY CORPORATE BANKING LAGU▇▇ ▇▇▇▇▇▇, SUITE #1000 1100 ▇▇ ▇▇▇▇▇ P.O. ▇▇. ▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Appears in 1 contract
Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $95,000.00 5,000,000.00 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's $0.00 behalf: ----------- Note PrincipalAMOUNT PAID TO OTHERS ON BORROWERS BEHALF: $640,895.40 5,000,000.00 $5,000,000.00 to EXTEND 7979623550-42 ------------- NOTE PRINCIPAL: $5,000,000.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 14,1999JULY 15, 1995. BORROWER: BIOSOURCE TECHNOLOGIESSCIENTIFIC SOFTWARE - INTERCOMP, INC. ., A COLORADO CORPORATION By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT MICH▇RONA▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER CRETARY ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- Variable Rate. Line of Credit. 4 [BANK ONE LOGO] CHANGE IN TERMS AGREEMENT ------------------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO NO. CALL COLLATERAL ACCOUNT OFFICER INITIALS ------------------------------------------------------------------------------------------------------------------------ $95,000.00 061,500,000.00 08-1815-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- 1995 26 7979623550 410 ------------------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ---------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------ BORROWER: BIOSOURCE TECHNOLOGIESSCIENTIFIC SOFTWARE - INTERCOMP, INC. (TIN: ., A LENDER: SIERRAWEST BANK 77-0ONE, COLORADO, N.A. COLORADO CORPORATION DOWNTOWN BOULDER BANKING CENTER 1801 ▇▇▇▇▇▇ CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇, SUITE #1000 1100 ▇▇ ▇▇▇ 2696 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇DENV▇▇, ▇▇ ▇▇▇▇▇▇ ======================================================================================================================== PRINCIPAL AMOUNT: $1,500,000.00 DATE OF AGREEMENT: JULY 15, 1995 DESCRIPTION OF EXISTING INDEBTEDNESS. A PROMISSORY NOTE DATED SEPTEMBER 20, 1994 IN THE ORIGINAL PRINCIPAL AMOUNT OF $1,500,000.00. DESCRIPTION OF CHANGE IN TERMS. THE MATURITY DATE WILL NOW BE AUGUST 15, 1995. SEE BELOW FOR NEW INTEREST RATE. PROMISE TO PAY. SCIENTIFIC SOFTWARE - INTERCOMP, INC., A COLORADO CORPORATION ("Borrower") promises to pay to BANK ONE, COLORADO, N.A. ("LENDER"), OR ORDER, IN LAWFUL MONEY OF THE UNITED STATES OF AMERICA, THE PRINCIPAL AMOUNT OF ONE MILLION FIVE HUNDRED THOUSAND & 00/100 DOLLARS ($1,500,000.00) OR SO MUCH AS MAY BE OUTSTANDING, TOGETHER WITH INTEREST ON THE UNPAID OUTSTANDING PRINCIPAL BALANCE OF EACH ADVANCE. INTEREST SHALL BE CALCULATED FROM THE DATE OF EACH ADVANCE UNTIL REPAYMENT OF EACH ADVANCE.
Appears in 1 contract
Sources: Change in Terms Agreement (Scientific Software Intercomp Inc)