Common use of DESCRIPTION OF COLLATERAL AND GUARANTIES Clause in Contracts

DESCRIPTION OF COLLATERAL AND GUARANTIES. Repayment of the indebtedness is secured by the Collateral as described in the Loan Agreement and that certain Intellectual Property Security Agreement dated March 5, 1999. Bank hereby releases its security interest in the Collateral, including Intellectual Property pursuant to the terms of this Loan Modification Agreement. Hereinafter, the above-described security documents and guaranties, together with all other documents securing repayment of the indebtedness shall be referred to as the "Security Documents". Hereinafter, the Security Documents, together with all other documents evidencing of securing the indebtedness shall be referred to as the "Existing Loan Documents".

Appears in 3 contracts

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

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DESCRIPTION OF COLLATERAL AND GUARANTIES. Repayment of the indebtedness Indebtedness is secured by the Collateral as described in the Loan Agreement and that certain Agreement. Additionally, Borrower has agreed with Bank not to mortgage, pledge, hypothecate or otherwise encumber its Intellectual Property Security Property, pursuant to a Negative Pledge Agreement dated March 5October 15, 1999. Bank hereby releases its security interest in the Collateral, including Intellectual Property pursuant to the terms of this Loan Modification Agreement1998. Hereinafter, the above-described security documents and guaranties, together with all other documents securing repayment of the indebtedness Indebtedness shall be referred to as the "Security Documents". Hereinafter, the Security Documents, together with all other documents evidencing of or securing the indebtedness Indebtedness shall be referred to as the "Existing Loan Documents".

Appears in 3 contracts

Samples: Loan Modification Agreement (Optika Inc), Loan Modification Agreement (Optika Inc), Loan Modification Agreement (Optika Inc)

DESCRIPTION OF COLLATERAL AND GUARANTIES. Repayment of the indebtedness Indebtedness is secured by the Collateral as described in the Loan Agreement Agreements and that certain by the Intellectual Property Collateral as described in the Intellectual Property Security Agreement dated March 5Agreement. Additionally, 1999. repayment of the Exim Revolving Facility in guaranteed by the Export-Import Bank hereby releases its security interest in of the Collateral, including Intellectual Property pursuant to the terms of this Loan Modification AgreementUnited States. Hereinafter, the above-described security documents and guaranties, together with all other documents securing repayment of the indebtedness Indebtedness shall be referred to as the "Security Documents". Hereinafter, the Security Documents, together with all other documents evidencing of or securing the indebtedness Indebtedness shall be referred to as the "Existing Loan Documents".

Appears in 1 contract

Samples: Loan Modification Agreement (Cascade Microtech Inc)

DESCRIPTION OF COLLATERAL AND GUARANTIES. Repayment of the indebtedness Indebtedness is secured by the Collateral as described in the Loan Agreement Agreements and that certain by the Intellectual Property Collateral as described in the Intellectual Property Security Agreement dated March 5Agreement. Additionally, 1999. repayment of the Exim Revolving Facility is guaranteed by the Export-Import Bank hereby releases its security interest in of the Collateral, including Intellectual Property pursuant to the terms of this Loan Modification AgreementUnited States. Hereinafter, the above-described security documents and guaranties, together with all other documents securing repayment of the indebtedness shall be referred to as the "Security Documents". Hereinafter, the Security Documents, together with all other documents evidencing of or securing the indebtedness Indebtedness shall be referred to as the "Existing Loan Documents".

Appears in 1 contract

Samples: Loan Modification Agreement (Cascade Microtech Inc)

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DESCRIPTION OF COLLATERAL AND GUARANTIES. Repayment of the indebtedness Indebtedness is secured by the Collateral as described in the Loan Agreement and that certain Agreement. Additionally, repayment of the Indebtedness is secured by the Intellectual Property Collateral as described in a Intellectual Property Security Agreement Agreement, dated March 527, 1999. Bank hereby releases its security interest in 2002, by and between Borrower and Bank, as may be amended from time to time, (the Collateral, including Intellectual Property pursuant to the terms of this Loan Modification “IP Security Agreement. ”) Hereinafter, the above-described security documents and guarantiesdocuments, together with all other documents securing repayment of the indebtedness Indebtedness shall be referred to as the "Security Documents". Hereinafter, the Security Documents, together with all other documents evidencing of or securing the indebtedness Indebtedness shall be referred to as the "Existing Loan Documents".

Appears in 1 contract

Samples: Waiver and Loan Modification Agreement (Egain Communications Corp)

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