CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s representations, warranties, and agreements, as set forth in the Existing Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Documents remain unchanged and in full force and effect. Bank’s agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan and Security modification agreements.
Appears in 9 contracts
Samples: Loan and Security Modification Agreement (Singulex Inc), Loan and Security Modification Agreement (Singulex Inc), Loan and Security Modification Agreement (Singulex Inc)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank Lender is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Lender's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph Paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 5 contracts
Samples: Loan Modification Agreement (Seachange International Inc), Loan Modification Agreement (International Integration Inc), Loan Modification Agreement (Seachange International Inc)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan and Security modification agreements.
Appears in 5 contracts
Samples: Loan and Security Agreement (Winc, Inc.), Loan and Security Agreement (Winc, Inc.), Loan and Security Modification Agreement (Document Capture Technologies, Inc.)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan and Security modification agreements.
Appears in 4 contracts
Samples: Loan Modification Agreement (Bluestone Software Inc), Loan Modification Agreement (Datawatch Corp), Loan Modification Agreement (Bluestone Software Inc)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 4 contracts
Samples: Loan Modification Agreement (Therma Wave Inc), Loan Modification Agreement (Metrisa Inc), Loan Modification Agreement (Vitria Technology Inc)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank Lender is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Lender's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 4 contracts
Samples: Loan Modification Agreement (Witness Systems Inc), Loan Modification Agreement (Witness Systems Inc), Loan Modification Agreement (Witness Systems Inc)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph Paragraph apply not no only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 2 contracts
Samples: Loan Modification Agreement (Allaire Corp), Loan Modification Agreement (Allaire Corp)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is Lenders are relying upon Borrower’s representations, warranties, and agreements, as set forth in the Existing Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Documents remain unchanged and in full force and effect. Bank’s Lenders’ agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Lenders to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lenders and Borrower to retain as liable parties all makers and endorsers of Existing Documents, unless the party is expressly released by Bank Lenders in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan and Security modification agreements.
Appears in 2 contracts
Samples: Loan and Security Agreement (Enphase Energy, Inc.), Loan and Security Agreement (Enphase Energy, Inc.)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the ------------------- existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan and Security modification agreements.
Appears in 2 contracts
Samples: Loan and Security Agreement (C-Bridge Internet Solutions Inc), Loan Modification Agreement (Lightbridge Inc)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing IndebtednessLoan Agreement, Bank Lender is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Lender's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the -------------------- existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph Paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
Samples: Loan and Security Agreement (Quicklogic Corporation)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying -------------------- the existing Indebtedness, Bank Lender is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Lender's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
Samples: Loan Modification Agreement (Concurrent Computer Corp/De)
CONTINUING VALIDITY. Borrower Borrowers understands and agrees that in modifying the existing Indebtednessgranting its waiver and consent as provided herein, Bank Lender is relying upon Borrower’s Borrowers’ representations, warranties, and agreements, as set forth in the Existing Transaction Documents. Except as expressly modified pursuant to this Loan and Security Modification AgreementAmendment, the terms of the Existing Transaction Documents remain unchanged and in full force and effect. BankLender’s agreement to modifications to the existing Indebtedness waiver and consent pursuant to this Loan and Security Modification Agreement Amendment in no way shall obligate Bank Lender to grant any future waivers or consents or make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement Amendment shall constitute a satisfaction of the IndebtednessObligations. It is the intention of Bank Lender and Borrower Borrowers to retain as liable parties all makers and endorsers of Existing the Transaction Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification AgreementAmendment. The terms of this paragraph Section 12 apply not only to this Loan and Security Modification AgreementAmendment, but also to any all subsequent Loan and Security loan modification agreements, except to the extent otherwise provided therein.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph Paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the ------------------- existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph Paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtednessentering into this Amendment, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents and EXIM Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification AgreementAmendment, the terms of the Existing Loan Documents and EXIM Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness Loan Agreements pursuant to this Loan and Security Modification Agreement Amendment in no way shall obligate Bank to make any future modifications to the IndebtednessLoan Agreements. Nothing in this Loan and Security Modification Agreement Amendment shall constitute a satisfaction of the IndebtednessObligations. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing the Loan Documents and the EXIM Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification AgreementAmendment. The terms of this paragraph Section 20 apply not only to this Loan and Security Modification AgreementAmendment, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing IndebtednessLoan Agreement, Bank Lender is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Third Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Lender's agreement to modifications to the existing Indebtedness pursuant to this Third Loan and Security Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Third Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Third Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Third Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing IndebtednessIndebtedness to the Bank, Bank is relying upon Borrower’s representations, warranties, and agreements, as set forth in the Existing Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Documents remain unchanged and in full force and effect. Bank’s agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan loan and Security security modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank Silicon is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Silicon's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Silicon to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of or the Indebtedness. It is the intention of Bank Silicon and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Silicon in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph Paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank Lender is relying upon Borrower’s representations, warranties, and agreements, as set forth in the Existing Documents. Except as expressly modified pursuant to this Loan and Security Business Financing Modification Agreement, the terms of the Existing Documents remain unchanged and in full force and effect. BankLender’s agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Business Financing Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Loan and Security Business Financing Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain return as liable parties all makers and endorsers of Existing Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Business Financing Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Business Financing Modification Agreement, but also to any subsequent Loan and Security Business Financing modification agreements.
Appears in 1 contract
Samples: Business Financing Modification Agreement (Kana Software Inc)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank Lenders is relying upon Borrower’s representations, warranties, and agreements, as set forth in the Existing Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Documents remain unchanged and in full force and effect. Bank’s Lenders’ agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Lenders to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lenders and Borrower to retain as liable parties all makers and endorsers of Existing Documents, unless the party is expressly released by Bank Lenders in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan and Security modification agreements.
Appears in 1 contract
Samples: Loan and Security Modification Agreement (Enphase Energy, Inc.)
CONTINUING VALIDITY. Borrower (and each guarantor and pledgor signing below) understands and agrees that in modifying the existing IndebtednessObligations, Bank is relying upon Borrower’s representations, warranties, warranties and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification AgreementModification, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s agreement to modifications to the existing Indebtedness Obligations pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the IndebtednessObligations. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the IndebtednessObligations. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No Unless expressly released herein, no maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification AgreementModification. The terms of this paragraph apply not only to this Loan and Security Modification AgreementModification, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Second Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Second Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Second Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Second Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Second Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the ------------------- existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Bark to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph Paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing Noting in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtedness, Bank Lender is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Lender's agreement to modifications to the existing Indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any subsequent Loan and Security modification agreements.this
Appears in 1 contract
Samples: Loan Modification Agreement (Geotel Communications Corp)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Indebtednessindebtedness, Bank is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s 's agreement to modifications to the existing Indebtedness indebtedness pursuant to this Loan and Security Modification Agreement in no way shall obligate Bank to make any future modifications to the Indebtedness. Nothing in this Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker, endorser, or guarantor will be released by virtue of this Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract
Samples: Loan Modification Agreement (Ramtron International Corp)
CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing IndebtednessLoan Agreement, Bank Lender is relying upon Borrower’s 's representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Second Loan and Security Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s Lender's agreement to modifications to the existing Indebtedness pursuant to this Second Loan and Security Modification Agreement in no way shall obligate Bank Lender to make any future modifications to the Indebtedness. Nothing in this Second Loan and Security Modification Agreement shall constitute a satisfaction of the Indebtedness. It is the intention of Bank Lender and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank Lender in writing. No maker, endorser, or guarantor will be released by virtue of this Second Loan and Security Modification Agreement. The terms of this paragraph apply not only to this Second Loan and Security Modification Agreement, but also to any all subsequent Loan and Security loan modification agreements.
Appears in 1 contract