Common Contracts

6 similar Loan and Security Agreement contracts by Cybernet Internet Services International Inc, Dynasil Corp of America, Halifax Corp, others

June 29, 2012 Dynasil Corporation of America 239 Cherry Street Ithaca, New York 14850 Attention: Richard Johnson, Chief Financial Officer. Re: Loan and Security Agreement, dated July 7, 2010, between Sovereign Bank, N.A. and Dynasil Corporation of...
Loan and Security Agreement • July 5th, 2012 • Dynasil Corp of America • Glass & glassware, pressed or blown

Sovereign Bank, N.A., a national banking association (the "Lender"), and Dynasil Corporation of America, a Delaware corporation (the "Borrower"), made, executed and delivered a Loan and Security Agreement, dated July 7, 2010 (as amended, modified or supplemented prior to the date hereof, the "Loan Agreement"). All capitalized terms utilized herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Loan Agreement.

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THIS THIRD AMENDMENT TO SIXTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (the "Amendment"), dated as of July 5, 2000, is made by and among HALIFAX CORPORATION, a Virginia corporation (the "Company"), HALIFAX ENGINEERING, INC., a Virginia...
Loan and Security Agreement • July 12th, 2000 • Halifax Corp • Services-computer programming, data processing, etc.

Notwithstanding anything to the contrary contained in the Loan Documents, the Lender waives its right to declare an Event of Default under the Loan Documents as a result of the Net Profit Covenant Default. The parties hereto acknowledge and agree that the foregoing sentence shall not constitute a waiver, either express or implied, of any other default, covenant, term or provision of the Loan Documents, nor shall it create any obligation of the Lender to waive any existing or future default or violation of any other covenant, term or provision of the Loan Documents. The parties hereto agree that Lender shall be entitled to require strict compliance by the Borrowers with the Loan Documents, notwithstanding the limited express waiver and amendment contained herein, and this waiver and amendment shall not be deemed to establish a course of action or a course of dealing with respect to requests by the Borrowers for a waiver or amendment of any default, covenant, term or provision of any Loa

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