Regarding Exceptions definition
Regarding Exceptions. See Attached. BANK USE ONLY
Regarding Exceptions. See Attached. BANK USE ONLY Sincerely, Received by: Authorized Signer Signature Date: Title Verified Authorized Signer Date Date: Compliance Status: Yes No LOAN AGREEMENT SUPPLEMENT No. [ ], dated , 200 (“Supplement”), to the Loan and Security Agreement dated as of October 5, 2001 (the “Loan Agreement) by and among the undersigned (“Borrowers”), and Silicon Valley Bank (“Bank”). Capitalized terms used herein but not otherwise defined herein are used with the respective meanings given to such terms in the Loan Agreement. To secure the prompt payment by Borrowers of all amounts from time to time outstanding under the Loan Agreement, and the performance by Borrowers of all the terms contained in the Loan Agreement, Borrowers grant Bank, a first priority security interest in each item of equipment and other property described in Annex A hereto, which equipment and other property shall be deemed to be additional Financed Equipment and Collateral. The Loan Agreement is hereby incorporated by reference herein and is hereby ratified, approved and confirmed. Annex A (Equipment Schedule) and Annex B (Loan Terms Schedule) are attached hereto. The proceeds of the Loan should be transferred to Company’s account with Bank set forth below: Bank Name: Silicon Valley Bank Account No.: Borrowers hereby certify that (a) the foregoing information is true and correct and authorizes Bank to endorse in its respective books and records, the Basic Rate applicable to the Funding Date of the Loan contemplated in this Loan Agreement Supplement and the principal amount set forth in the Loan Terms Schedule; (b) the representations and warranties made by Borrowers in the Loan Agreement are true and correct on the date hereof and will be true and correct on such Funding Date. No Event of Default has occurred and is continuing under the Loan Agreement. This Supplement may be executed by Borrowers and Bank in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. This Supplement is delivered as of this day and year first above written. SILICON VALLEY BANK By: By: Name: Name: Title: Title: Annex A - Description of Financed Equipment Annex B - Loan Terms Schedule Loan Funding Date: , 200 Original Loan Amount: $ Basic Rate: % (9.00% Equipment Advance / 7.50% Supplemental Equipment Advance) Loan Factor: % Scheduled Payment Dates and Amounts*: One (1) payment of $ due payment ...
Regarding Exceptions. See Attached. Sincerely, California Micro Devices Corporation SIGNATURE TITLE BANK USE ONLY Received by: AUTHORIZED SIGNER Date: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No DATE Without limiting Bank’s other rights and remedies, if an Event of Default occurs and is continuing, the following provisions (the “Collateral Control Provisions”) shall be effective immediately upon notice by Bank to the Borrower:
Examples of Regarding Exceptions in a sentence
Remaining Months Liquidity 3.00 to 1.00 _____:1.00 Yes No Performance to Plan (minimum revenue) At least 65% of the sales projections and operating plan __% Yes No Inventory Turn Ratio 3.00 to 1.00 _____:1.00 Yes No Comments Regarding Exceptions: See Attached.
Quarterly within 45 days Yes No A/R Audit Initial and Semi-Annual Yes No Contract List Quarterly within 45 days, if outstanding Advances Yes No Backlog Report Quarterly within 45 days, if outstanding Advances Yes No Financial Projections July 31 Yes No Comments Regarding Exceptions: See Attached.
Yes No (Continued on Next Page) Compliance Certificate Comments Regarding Exceptions: See Attached.
Monthly within 20 days Yes No A/R Audit Initial and Semi-Annual Yes No Annual Projections Upon Request Yes No Total amount of Borrower’s cash and investments maintained with Bank and Bank Affiliates All cash and investments other than the Permitted Foreign Accounts Yes No Measured on a Monthly Basis: Minimum Adjusted Quick Ratio 1.10:1.00 ______:1.00 Yes No Measured on a Quarterly Basis: Minimum Net Income See attached chart $ _________ Yes No Comments Regarding Exceptions: See Attached.
Monthly financial statements with CC Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No Borrowing Base Certificate w/ A/R and A/P agings, if required Monthly within 30 days when borrowing Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Projections Annually, w/in 30 days of Board approval Yes No Minimum Liquidity Ratio 2.5:1.0 :1.0 Yes No Equity Event Occur by 3/31/2009 Yes No N/A Comments Regarding Exceptions: See Attached.
More Definitions of Regarding Exceptions
Regarding Exceptions. ====================== BANK USE ONLY Sincerely, RECEIVED BY:___________________ ________________ Date:____________ SIGNATURE DATE: REVIEWED ________________ BY:___________________ TITLE COMPLIANCE STATUS: YES/NO ====================== -------------------------------------------------------------------------------- SILICON VALLEY BANK LOAN ARRANGEMENT WITH OPUS360 CORPORATION ________________, 1999 -------------------------------------------------------------------------------- DOCUMENT AGENDA RESPONSIBLE PARTY(1) --------
Regarding Exceptions. See Attached. Sincerely, BANK USE ONLY ------------------------------------- Received by: Signature --------------------------- AUTHORIZED SIGNER ------------------------------------- Date: Title ---------------------------------- ------------------------------------- Date Verified: ------------------------------ AUTHORIZED SIGNER Date: ---------------------------------- SECOND LOAN MODIFICATION AGREEMENT This Second Loan Modification Agreement (this "Loan Modification Agreement") is entered into as of November 4, 2003, by and between SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and with a loan production office located at One ▇▇▇▇▇▇ Executive Park, Suite 200, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, doing business under the name "Silicon Valley East" ("Bank") and ATHENAHEALTH, INC., a Delaware corporation with its chief executive office located at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Waltham, Massachusetts 02453 ("Borrower").
Regarding Exceptions. INSEEGO WIRELESS, INC. By: _________________________________________ Title: ________________________________________
Regarding Exceptions. See Attached. Sincerely, BANK USE ONLY Date: RECEIVED BY: -------------------- ---------- --------------------------- SIGNATURE DATE: ---------------------------------- REVIEWED BY: ------------------------------------- --------------------------- TITLE COMPLIANCE STATUS: YES/NO SCHEDULE A (PERFECTION) Section 6(d) shall be amended to add the following: APPLICATION FILING PATENT DESCRIPTION COUNTRY NUMBER DATE STATUS ------------------ ------- ----------- -------- ------- Medical Practice Benchmarking USA 60/843,439 9/8/06 Pending Medical Document Attachment Handling USA 11/590,255 10/31/06 Pending Section 7 shall be amended to add the following:
Regarding Exceptions. ================================= BANK USE ONLY ================================= Received By:____________________ Date:________________ Reviewed By:____________________ Compliance Status: Yes / No =================================
Regarding Exceptions. See Attached. BANK USE ONLY Received by: Sincerely, AUTHORIZED SIGNER Date: Verified: SIGNATURE AUTHORIZED SIGNER Date: TITLE Compliance Status Yes No DATE
Regarding Exceptions. See Attached. BANK USE ONLY Sincerely, IPass Inc. Received by: -------------------------- AUTHORIZED SIGNER ------------------------------------ Date: SIGNATURE --------------------------------- ------------------------------------ Verified: TITLE ----------------------------- AUTHORIZED SIGNER ------------------------------------ DATE Date: --------------------------------- Compliance Status: Yes No BORROWING BASE CERTIFICATE Borrower: iPass Inc. Lender: Silicon Valley Bank Commitment Amount: $10,000,000 ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as of _____ $_____________ 2. Additions (please explain on reverse) $_____________ 3. TOTAL ACCOUNTS RECEIVABLE $_____________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) a. Amounts over 90 days due $_________ b. Balance of 50% over 90 day accounts $_________ c. Excess 25% Concentration Limit $_________ d. Foreign Accounts $_________ e. Governmental Accounts $_________ f. Contra Accounts $_____________ g. Promotion or Demo Accounts $_________ h. Intercompany/Employee Accounts $_________ i. Dotcom Accounts $_________ j. Other (please explain on reverse) $_________ 4. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $_____________ 5. Eligible Accounts (#3 minus #4) $_________ 6. LOAN VALUE OF ACCOUNTS (80% of #15) $_________ BALANCES