TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------ ------------------------------ Authorized Requester Phone # ------------------------------ ------------------------------ Received By (Bank) Phone # Authorized Signature (Bank) EXHIBIT C BORROWING BASE CERTIFICATE Borrower: Silicon Valley Internet Partners Lender: Venture Banking Group Commitment Amount: $5,000,000 ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as of____ $__________ 2. Additions (please explain on reverse) $__________ 3. TOTAL ACCOUNTS RECEIVABLE $__________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due* $__________ 5. Balance of 50% over 90 day accounts* $__________ 6. Concentration Limits $__________ 7. Foreign Accounts $__________ 8. Governmental Accounts $__________ 9. Contra Accounts $__________ 10. Promotion or Demo Accounts $__________ 11. Intercompany/Employee Accounts $__________ 12. Other (please explain on reverse) $__________ 13. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $__________ 14. Eligible Accounts (#3 minus #13) $__________ 15. LOAN VALUE OF ACCOUNTS (80% of #14) $__________
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TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------ ------------------------------ ___________________________________________________________________________ Authorized Requester Phone # ------------------------------ ------------------------------ Received By (Bank) Phone # ____________________________ Authorized Signature (Bank) Phone# _____________________ ______________________________________________________________________________ EXHIBIT C BORROWING BASE CERTIFICATE BorrowerBorrower Bank: Silicon Valley Internet Partners Lender: Venture Banking Group Bank Commitment Amount: $5,000,000 Amount $ ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as ofof ____ __. $_________________ 2. Additions (please explain on reverse) $_________________ 3. TOTAL ACCOUNTS RECEIVABLE $_________________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due* due $__________________ 5. Balance of 50% over 90 day accounts* accounts $__________________ 6. Concentration Limits $__________________ 7. Foreign Accounts $__________________ 8. Governmental Accounts $_______________ 9. Contra Accounts $_______________ 10. Promotion or Demo Accounts $__________________ 11. Intercompany/Employee Accounts $__________________ 12. Other (please explain on reverse) $_______________ 13. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $________________ 14. Eligible Accounts (#3 minus #13) $__________________ 15. LOAN VALUE OF ACCOUNTS (80% of OF #14) $________________
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TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------ ------------------------------ ------------------------------- Authorized Requester Phone # ------------------------------ ------------------------------ ------------------------------- Received By (Bank) Phone # ------------------------------------ -------------------------------------------------------------------------------- ================================================================================ 111 FY 2000 IMATRON INC. FORM 10-K ================================================================================ -------------------------------------------------------------------------------- Authorized Signature (Bank) -------------------------------------------------------------------------------- ================================================================================ 112 FY 2000 IMATRON INC. FORM 10-K =================================================================================================================== EXHIBIT C BORROWING BASE CERTIFICATE Borrower: IMATRON INCORPORATED Bank: Silicon Valley Internet Partners Lender: Venture Banking Group Bank ------------------------------------------------------------------------------------------------------------------- 0000 Xxxxxx Xxxxx Xxxxx Xxxxx, XX 00000 Commitment Amount: $5,000,000 7,000,000 ------------------------------------------------------------------------------------------------------------------- ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as ofof ____ $__________ $ ------------- 2. Additions (please explain on reverse) $__________ $ ------------- 3. TOTAL ACCOUNTS RECEIVABLE $__________ $ ------------- ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due* $(120 days*) due $ ---------------- 5. Balance of 50% over 90 day accounts $ ---------------- 6. Credit balances over 90 days $ ---------------- 7. Concentration Limits $ ---------------- 8. Foreign Accounts $ ---------------- 9. Governmental Accounts $ ---------------- 10. Contra Accounts $ ---------------- 11. Promotion or Demo Accounts $ ---------------- 12. Intercompany/Employee Accounts $ ---------------- 13. Other (please explain on reverse) $ ---------------- 14. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $ ------------- 15. Eligible Accounts (#3 minus #14) $ ---------------- 16. LOAN VALUE OF ACCOUNTS (80% of #15) $ ------------- *For scheduled leasing company accounts FOREIGN ACCOUNTS RECEIVABLE 17. Foreign Accounts Receivable Supported by Letters of Credit Advised and Negotiated by Bank Book Value as of ______________ 5. Balance of 50% over 90 day accounts* $__________ 6. Concentration Limits $__________ 7$ ---------------- FOREIGN ACCOUNTS RECEIVABLE DEDUCTIONS 18. Foreign Accounts $__________ 8. Governmental Accounts $__________ 9. Contra Accounts $__________ 10. Promotion or Demo Accounts $__________ 11. Intercompany/Employee Accounts $__________ 12. Other (please explain on reverse) $__________ 13. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $__________ 14Receivable Supported by Letters of Credit Advised and Negotiated by Bank Unpaid after 180 days $ ---------------- 19. Eligible Foreign Accounts (#3 17 minus #1318) $__________ 15$ ---------------- 20. LOAN VALUE OF FOREIGN ACCOUNTS (80100% of #1419) $__________$ ------------- BALANCES
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TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------ ------------------------------ __________________________________________ ________________________________ Authorized Requester Phone # ------------------------------ ------------------------------ _________________________________________ ________________________________ Received By (Bank) Phone # __________________________________________ Authorized Signature (Bank) EXHIBIT C D BORROWING BASE CERTIFICATE Borrower: Silicon Valley Internet Partners Priority Fulfillment Services, Inc. Lender: Venture Banking Group ________ Bank Commitment Amount: $5,000,000 ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as of_of ___ $___________ 2. Additions (please explain on reverse) $___________ 3. TOTAL ACCOUNTS RECEIVABLE $___________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due* due $___________ 5. Balance of 5025% over 90 day accounts* accounts $___________ 6. Concentration Limits $__________ 7. Foreign Accounts $___________ 8. Governmental Accounts $___________ 9. Contra Accounts $___________ 10. Promotion or Demo Accounts $___________ 11. Intercompany/Employee Accounts $___________ 12. Credit Card Accounts $___________ 13. Other (please explain on reverse) $___________ 1314. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $___________ 1415. Eligible Accounts (#3 minus #13) $__________ 15. LOAN VALUE OF ACCOUNTS (80% of #14) $___________ 16. LOAN VALUE OF ACCOUNTS (80% of #15) $___________ BALANCES
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TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------ ------------------------------ --------------------------------- ------------------------------------ Authorized Requester Phone # --------------------------------- ------------------------------------ Authorized Requester Phone # ------------------------------ ------------------------------ Received By (Bank) Phone # Authorized Signature (Bank) EXHIBIT C BORROWING BASE CERTIFICATE Borrower: Silicon Valley Internet Partners BSQUARE CORPORATION Lender: Venture Banking Group Imperial Bank Commitment Amount: $5,000,000 ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as of____ $__________ of $ --------- ---------- 2. Additions (please explain on reverse) $__________ $ ---------- 3. TOTAL ACCOUNTS RECEIVABLE $__________ $ ---------- ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) $ ---------- 4. Amounts over 90 days due* $__________ due $ ---------- 5. Balance of 5025% over 90 day accounts* $__________ accounts $ ---------- 6. Concentration Limits $__________ $ ---------- 7. Foreign Accounts $__________ $ ---------- 8. Governmental Accounts $__________ $ ---------- 9. Contra Accounts $__________ $ ---------- 10. Promotion or Demo Accounts $__________ $ ---------- 11. Intercompany/Employee Accounts $__________ $ ---------- 12. Other (please explain on reverse) $__________ $ ---------- 13. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $__________ $ ---------- 14. Eligible Accounts (#3 minus #13) $__________ $ ---------- 15. LOAN VALUE OF ACCOUNTS (80% of OF #14) $ ---------- BALANCES 16. Maximum Loan Amount $__________5,000,000
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TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------ ------------------------------ ________________________________ __________________________________ Authorized Requester Phone # ------------------------------ ------------------------------ ________________________________ __________________________________ Received By (Bank) Phone # ___________________________________ Authorized Signature (Bank) -------------------------------------------------------------------------------- EXHIBIT C BORROWING BASE CERTIFICATE Borrower: PLUMTREE SOFTWARE, INC. Bank: Silicon Valley Internet Partners Lender: Venture Banking Group Bank -------------------------------------------------------------------------------- 0000 Xxxxxx Xxxxx Xxxxx Xxxxx, XX 00000 Commitment Amount: $5,000,000 7,500,000 -------------------------------------------------------------------------------- ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as ofof _____________ $__________ 2. Additions (please explain on reverse) $__________ 3. TOTAL ACCOUNTS RECEIVABLE $__________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due* due $__________ 5. Balance of 50% over 90 day accounts* accounts $__________ 6. Credit balances over 90 days $__________ 7. Concentration Limits $__________ 78. Foreign Accounts $__________ 89. Governmental Accounts $__________ 910. Contra Accounts $__________ 1011. Promotion or Demo Accounts $__________ 1112. Intercompany/Employee Accounts $__________ 1213. Other (please explain on reverse) $__________ 1314. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $__________ 1415. Eligible Accounts (#3 minus #13) $__________ 15. LOAN VALUE OF ACCOUNTS (80% of #14) $__________ 16. LOAN VALUE OF ACCOUNTS (70% of #15) $__________ FOREIGN ACCOUNTS RECEIVABLE DEDUCTIONS 17. Accounts Receivable Book Value as of ______________ $__________ 18. Additions (please explain on reverse) $__________ 19. TOTAL FOREIGN ACCOUNTS RECEIVABLE $__________ a. Amounts over 90 days due b. Balance of 50% over 90 day accounts $__________ c. Concentration Limits $__________ d. Governmental Accounts $__________ e. Contra Accounts $__________ f. Promotion or Demo Accounts $__________ g. Intercompany/Employee Accounts $__________ h. Other (please explain on reverse) $__________ 20. TOTAL FOREIGN ACCOUNTS RECEIVABLE DEDUCTIONS $__________ 21. Eligible Accounts (#19 minus #20) $__________ 22. LOAN VALUE OF FOREIGN ACCOUNTS (__[50%] of #21) $__________ BALANCES 23. Maximum Loan Amount $__________ 24. Total Funds Available [Lesser of #23 or (#16 plus #22)] $__________ 25. Present balance owing on Line of Credit $__________ Outstanding under Sublimits (LC and Cash Management) $__________ RESERVE POSITION (#24 minus #25 and #26) $__________ The undersigned represents and warrants that this is true, complete and correct, and that the information in this Borrowing Base Certificate complies with the representations and warranties in the Loan and Security Agreement between the undersigned and Silicon Valley Bank. COMMENTS: ---------------------- BANK USE ONLY ---- --- ---- PLUMTREE SOFTWARE, INC., a California corporation Rec'd by _____________ Auth. Signer Date:_________________ By:_______________________________________ Verified:_____________ Authorized Signer Auth. Signer Date:_________________ ---------------------- EXHIBIT D COMPLIANCE CERTIFICATE TO: SILICON VALLEY BANK 0000 Xxxxxx Xxxxx Xxxxx Xxxxx, XX 00000 FROM: PLUMTREE SOFTWARE, INC. The undersigned authorized officer of PLUMTREE SOFTWARE, INC., a California corporation ("Borrower"), certifies that under the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the "Agreement"), (i) Borrower is in complete compliance for the period ending _______________ with all required covenants except as noted below and (ii) all representations and warranties in the Agreement are true and correct in all material respects on this date. Attached are the required documents supporting the certification. The Officer certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The Officer acknowledges that no borrowings may be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is delivered. Please indicate compliance status by circling Yes/No under "Complies" column. ------------------------------------------------------------------------------------------------------------------------------ Reporting Covenant Required Complies ------------------ -------- -------- ------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------ Monthly financial statements + CC Monthly within 30 days Yes No ------------------------------------------------------------------------------------------------------------------------------ Annual (Audited) FYE within 120 days Yes No ------------------------------------------------------------------------------------------------------------------------------ 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No ------------------------------------------------------------------------------------------------------------------------------ A/R & A/P Agings Monthly within 30 days Yes No ------------------------------------------------------------------------------------------------------------------------------ A/R Audit Initial and Annual Yes No ------------------------------------------------------------------------------------------------------------------------------ Borrowing Base Certificate Monthly within 30 days Yes No ------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------- Financial Covenant Required Actual Complies ------------------ -------- ------ -------- ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- Maintain: ------------------------------------------------------------------------------------------------------------------------------- Minimum Monthly Quick Ratio (Adjusted) 2.00:1.00 _____:1.00 Yes No ------------------------------------------------------------------------------------------------------------------------------- Maximum Quarterly Operating Loss/ Minimum Maximum operating loss (EBITDA) $__________ Yes No Quarterly Profitability ($5,000,000) for Quarter ending 3/31/01; ($3,000,000) for Quarter ending 6/30/01; ($1,000,000) for Quarter ending 9/30/01; Minimum Quarterly Net Profit After Tax of $1.00 thereafter ------------------------------------------------------------------------------------------------------------------------------- Have there been updates to Borrower's intellectual property, if appropriate? Yes No ----------------------------------- Comments Regarding Exceptions: See Attached. BANK USE ONLY Sincerely, Received by:_______________________ AUTHORIZED SIGNER PLUMTREE SOFTWARE, INC., a California corporation Date:______________________________ ____________________________________ Verified:__________________________ Signature AUTHORIZED SIGNER ____________________________________ Date:______________________________ Title Compliance Status: Yes No Date________________________________ ----------------------------------- CORPORATE BORROWING RESOLUTION Borrower: PLUMTREE SOFTWARE, INC., Bank: Silicon Valley Bank 000 Xxxxxxx Xxxxxx 0000 Xxxxxx Xxxxx Xxx Xxxxxxxxx, XX 00000 Xxxxx Xxxxx, XX 00000-0000 I, the Secretary or Assistant Secretary of PLUMTREE SOFTWARE, INC., a California corporation ("Borrower"), CERTIFY that Borrower is a corporation existing under the laws of the State of California. I certify that at a meeting of Borrower's Directors (or by other authorized corporate action) duly held the following resolutions were adopted. It is resolved that any one of the following officers of Borrower, whose name, title and signature is below: NAMES POSITIONS ACTUAL SIGNATURES ----- --------- ----------------- _____________________ _____________________ ______________________ _____________________ _____________________ ______________________ _____________________ _____________________ ______________________ _____________________ _____________________ ______________________ may act for Borrower and: Borrow Money. Borrow money from Silicon Valley Bank ("Bank").
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Samples: Loan and Security Agreement (Plumtree Software Inc)
TELEPHONE REQUEST. The following person is authorized to request the loan payment transfer/loan advance on the advance designated account and is known to me. ------------------------------ ------------------------------ __________________________________________ __________________________________ Authorized Requester Phone # ------------------------------ ------------------------------ __________________________________________ __________________________________ Received By (Bank) Phone # __________________________________________ Authorized Signature (Bank) ________________________________________________________________________________ EXHIBIT C BORROWING BASE CERTIFICATE ________________________________________________________________________________ Borrower: LTX Corporation Lender: Silicon Valley Internet Partners Lender: Venture Banking Group Bank Commitment Amount: $5,000,000 10,000,000.00 ________________________________________________________________________________ ACCOUNTS RECEIVABLE 1. Accounts Receivable Book Value as ofof ____________________ $_____________ 2. Additions (please explain on reverse) $_____________ 3. TOTAL ACCOUNTS RECEIVABLE $_____________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 4. Amounts over 90 days due* due $_____________ 5. Balance of 50% over 90 day accounts* accounts $_____________ 6. Credit balances over 90 days $_____________ 7. Concentration Limits $_____________ 78. Foreign Accounts $_____________ 89. Governmental Accounts $_____________ 910. Contra Accounts $_____________ 1011. Promotion or Demo Accounts $_____________ 1112. Intercompany/Employee Accounts $_____________ 1213. Other (please explain on reverse) $_____________ 1314. TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS $_____________ 1415. Eligible Accounts (#3 minus #13) $__________ 15. LOAN VALUE OF ACCOUNTS (80% of #14) $_____________ 16. LOAN VALUE OF ACCOUNTS ( 80% of #15) $_____________ 17. TOTAL ELIGIBLE FOREIGN ACCOUNTS $_____________ 18. LOAN VALUE OF FOREIGN ACCOUNTS ( 90% of #17) $_____________ BALANCES 19. Maximum Loan Amount $10,000,000.00 20. Total Funds Available [Lesser of #19 or (#16 plus #18)] $_____________ 21. Present balance owing on Line of Credit $_____________ 22. Outstanding under Sublimits (including all amounts in excess of $ 5,000,000.00 under the A/R Purchase Agreement) $_____________ 23. RESERVE POSITION (#20 minus #21 and #22) $_____________ The undersigned represents and warrants that this is true, complete and correct, and that the information in this Borrowing Base Certificate complies with the representations and warranties in the Loan and Security Agreement between the undersigned and Silicon Valley Bank. COMMENTS: ______________________________________ BANK USE ONLY By: ___________________________ Authorized Signer Received by: _____________________ AUTHORIZED SIGNER Date: _________________________ Verified: ________________________ AUTHORIZED SIGNER Date: ______________________ ______________________________________ EXHIBIT D COMPLIANCE CERTIFICATE TO: SILICON VALLEY BANK FROM: LTX CORPORATION The undersigned authorized officer of LTX CORPORATION certifies that under the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the "Agreement"), (i) Borrower is in complete compliance for the period ending _______________ with all required covenants except as noted below and (ii) all representations and warranties in the Agreement are true and correct in all material respects on this date. Attached are the required documents supporting the certification. The Officer certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The Officer acknowledges that no borrowings may be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is delivered. Please indicate compliance status by circling Yes/No under "Complies" column.
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