Common use of Loan Requests Clause in Contracts

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 30 contracts

Samples: Loan and Security Agreement (Endocardial Solutions Inc), Loan and Security Agreement (Sento Corp), Loan and Security Agreement (Tegal Corp /De/)

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Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Pacific time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 3 contracts

Samples: Loan and Security Agreement (PortalPlayer, Inc.), Loan and Security Agreement (Cypress Communications Holding Co Inc), Loan and Security Agreement (Callidus Software Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Pacific standard time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 3 contracts

Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Loan and Security Agreement (Telecommunication Systems Inc /Fa/)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Pacific Standard Time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 2 contracts

Samples: Loan and Security Agreement (Xplore Technologies Corp), Loan and Security Agreement (Xplore Technologies Corp)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (California time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pivotal Corp), Loan and Security Agreement (Micro Therapeutics Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon Pacific Standard Time will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Pharmchem Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of BorrowerXxxxxxxx, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Unify Corp)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Pacific time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative signatory of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Ross Systems Inc/Ca)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon Pacific time will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Essential Group Inc)

Loan Requests. To obtain a Loan, Borrower after the Minimum Balance Date shall make a request to Silicon by facsimile facsimile, telephone or telephoneelectronically. Loan requests received after 12:00 Noon will (Pacific time) may not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of BorrowerCompany, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Cogent Communications Group Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Eastern time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon reasonably believes is an authorized representative officer of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile facsimile, telephone or telephoneelectronically. Loan requests received after 12:00 Noon will (Pacific time) may not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of BorrowerCompany, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Cogent Communications Group Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliancereliance unless such loss is the result of Silicon’s gross negligence or willful misconduct. Borrower shall submit copies of Export Orders in connection with any Exim Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Therma Wave Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (pacific Standard Time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Act Teleconferencing Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes in good faith is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Atheros Communications Inc)

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Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon reasonably believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Tut Systems Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Pacific time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.. SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Loan and Security Agreement (U S Realtel Inc)

Loan Requests. To obtain a * Loan, Borrower shall make a request to Silicon by facsimile or telephone. ** Loan requests received after 12:00 Noon *** will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for * a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.. * THE ** A REQUEST FOR THE LOAN THAT IS *** (CALIFORNIA TIME)

Appears in 1 contract

Samples: Loan and Security Agreement (First Virtual Communications Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon Noon/* will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.. * (Pacific Standard Time)

Appears in 1 contract

Samples: Loan and Security Agreement (Three Five Systems Inc)

Loan Requests. To obtain a Loan, Borrower Borrowers shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative a Responsible Officer of Borrowereither or both Borrowers, and Borrower Borrowers will indemnify Silicon for any loss Silicon suffers as a result of that reliance. Each request for a Loan shall be in a minimum amount of $100,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Xenogen Corp)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Eastern time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Comdial Corp)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (California time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon * believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliancereliance **.

Appears in 1 contract

Samples: Loan and Security Agreement (Giga Tronics Inc)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Eastern Time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a person whom Silicon believes is an authorized representative of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Relm Wireless Corp)

Loan Requests. To obtain a Loan, Borrower shall make a request to Silicon by facsimile or telephone. Loan requests received after 12:00 Noon (Eastern time) will not be considered by Silicon until the next Business Day. Silicon may rely on any telephone request for a Loan given by a Responsible Officer or his or her designee or person whom Silicon believes is an authorized representative a Responsible Officer or his or her designee of Borrower, and Borrower will indemnify Silicon for any loss Silicon suffers as a result of that reliance.

Appears in 1 contract

Samples: Loan and Security Agreement (Axeda Systems Inc)

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