Common Contracts
2 similar Loan and Security Agreement contracts by Carbonite Inc
ContractLoan and Security Agreement • May 5th, 2020 • California
This LOAN AND SECURITY AGREEMENT (this “Agreement”) is entered into as of May 11, 2011, by and between COMERICA BANK (“Bank”) and CARBONITE, INC., a Delaware corporation (“Borrower”). RECITALS Borrower wishes to obtain credit from time to time from Bank, and Bank desires to extend credit to Borrower. This Agreement sets forth the terms on which Bank will advance credit to Borrower, and Borrower will repay the amounts owing to Bank. AGREEMENT The parties agree as follows: 1. DEFINITIONS AND CONSTRUCTION. 1.1 Definitions. As used in this Agreement, all capitalized terms shall have the definitions set forth on Exhibit A. Any term used in the Code and not defined herein shall have the meaning given to the term in the Code. 1.2 Accounting Terms. Any accounting term not specifically defined on Exhibit A shall be construed in accordance with GAAP and all calculations shall be made in accordance with GAAP. The term “financial statements” shall include the accompanying notes and schedules. 2. L
CARBONITE, INC. LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 12th, 2011 • Carbonite Inc • California
This LOAN AND SECURITY AGREEMENT (this “Agreement”) is entered into as of May 11, 2011, by and between COMERICA BANK (“Bank”) and CARBONITE, INC., a Delaware corporation (“Borrower”).
