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 an Intellectual Property Security Agreement dated January 19, 1999. Additionally, repayment of the Exim Committed Line is guaranteed by the Export Import Bank of the United States ("EXIM").

DESCRIPTION OF COLLATERAL AND GUARANTIES. Repayment of the Indebtedness is secured by the Collateral as described in the Loan Agreement and an Intellectual Property a Collateral Assignment, Patent Mortgage and Security Agreement dated January 19, 1999Agreement. Additionally, repayment of the Exim Committed Export ~Committed Line is guaranteed by the Export Export-Import Bank of the United States (the "EXIMGuarantor') pursuant to a Guarantee Agreement (the "Guaranty").