Common use of EXECUTION BY THE BANK Clause in Contracts

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE SARL (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE COMPUTER WORKS SARL (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE SARL COMPUTER WORKS, INC. (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE SARL COMPUTER WORKS, GMBH (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE SARL DIGITAL, INC. (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE SARL COMPUTER WORKS, LTD. (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE SARL ASIA Pte. LTD. (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000

EXECUTION BY THE BANK. This Agreement shall take effect immediately upon execution by the Borrower, and the execution hereof by the Bank shall not be required as a condition to the effectiveness of this Agreement. The provision for execution of this Agreement by the Bank is only for purposes of filing this Agreement as a security agreement under the Uniform Commercial Code, if execution hereof by the Bank is required for purposes of such filing. HAUPPAUGE DIGITAL EUROPE SARL HCW DISTRIBUTING CORP. (Borrower) By /s/ Kexxxxx X. Xxxxxxxx, as President -------------------------------------- By /s/ Kexxxxx Xxxxxxx, as Chairman and CEO ---------------------------------------- 91 Xxxxx Xxxxx Xxxxxxxxx, XX 00000 Places of business in counties other than above: --------------------------------------- --------------------------------------- --------------------------------------- THE CHASE MANHATTAN BANK By: /s/ Chxxxxxxxxx Xxxxxxx, VP ---------------------------- (Name and Title) Address: 390 X. Xxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxx, XX 00000