Common use of DESCRIPTION OF EXISTING OBLIGATIONS Clause in Contracts

DESCRIPTION OF EXISTING OBLIGATIONS. Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated August 1, 2003, as amended or modified from time to time, (the “Loan Agreement”). The Loan Agreement provides for, among other things, a Committed Equipment Line in the original amount of Five Hundred Thousand Dollars ($500,000), a Term Loan in the original principal amount of One Million Nine Hundred Eighty-Two Thousand Nine Hundred Forty-Five Dollars ($1,982,945) and Committed Equipment 2 Line in the original amount of Five Hundred Thousand Dollars ($500,000). Defined terms used but not otherwise defined herein shall have the same meanings as set forth in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the “Obligations.”

DESCRIPTION OF EXISTING OBLIGATIONS. Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a an Amended and Restated Loan and Security Agreement, dated August 1January 23, 20032004, as amended or modified from time to time, (the “Loan Agreement”). The Loan Agreement provides for, among other things, a Committed Equipment Revolving Line in the original amount of Five Hundred Thousand Dollars ($500,000), a Term Loan in the original principal amount of One Four Million Nine Hundred Eighty-Two Thousand Nine Hundred Forty-Five Dollars ($1,982,9454,000,000) and a Committed Equipment 2 Line in the original principal amount of Five Two Million Fifty Two Thousand Seven Hundred Thousand Twenty Seven Dollars ($500,0002,052,727). Defined terms used but not otherwise defined herein shall have the same meanings as set forth in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the “Obligations.”

DESCRIPTION OF EXISTING OBLIGATIONS. Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a an Amended and Restated Loan and Security Agreement, dated August 1May 24, 20032004, as amended or modified from time to time, (the “Loan Agreement”). The Loan Agreement provides for, among other things, a Committed Equipment Revolving Line in the original principal amount of Five Hundred Thousand Three Million Dollars ($500,000), a 3,000,000) and Term Loan in the original principal amount of One Million Nine Eight Hundred Eighty-Twenty Two Thousand Nine Hundred Forty-Five Dollars ($1,982,945) and Committed Equipment 2 Line in the original amount of Five Hundred Thousand Dollars ($500,0001,822,900). Defined terms used but not otherwise defined herein shall have the same meanings as set forth in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the “Obligations.”

DESCRIPTION OF EXISTING OBLIGATIONS. Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated August 1, 2003, as amended or modified from time to time, (the “Loan Agreement”). The Loan Agreement provides for, among other things, a Committed Equipment Line in the original principal amount of Five Hundred Thousand Dollars ($500,000), ) and a Term Loan in the original principal amount of One Million Nine Hundred Eighty-Two Thousand Nine Hundred Forty-Five Dollars ($1,982,945) and Committed Equipment 2 Line in the original amount of Five Hundred Thousand Dollars ($500,000). Defined terms used but not otherwise defined herein shall have the same meanings as set forth in the Loan Agreement. Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as the “Obligations.”