Common Contracts

2 similar Waiver and Fourth Loan Modification Agreement contracts by Satcon Technology Corp

EX-10.1 2 a10-5977_1ex10d1.htm EX-10.1 WAIVER AND FOURTH LOAN MODIFICATION AGREEMENT
Waiver and Fourth Loan Modification Agreement • May 5th, 2020

This Waiver and Fourth Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of the Fourth Loan Modification Effective Date by and between SILICON VALLEY BANK, a California corporation, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”) and (i) SATCON TECHNOLOGY CORPORATION, a Delaware corporation “Satcon”); SATCON POWER SYSTEMS, INC., a Delaware corporation; SATCON ELECTRONICS, INC., a Delaware corporation; each with offices located at 27 Drydock Avenue, Boston, Massachusetts 02210; and (ii) SATCON POWER SYSTEMS CANADA LTD. (the “Canadian Borrower”), a corporation organized under the laws of the Province of Ontario, Canada with offices located at 835 Harrington Court, Burlington, Ontario L7N 3P3 (individually and collectively, jointly and severally, “Borrower”).

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WAIVER AND FOURTH LOAN MODIFICATION AGREEMENT
Waiver and Fourth Loan Modification Agreement • May 10th, 2010 • Satcon Technology Corp • Semiconductors & related devices

This Waiver and Fourth Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of the Fourth Loan Modification Effective Date by and between SILICON VALLEY BANK, a California corporation, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”) and (i) SATCON TECHNOLOGY CORPORATION, a Delaware corporation “Satcon”); SATCON POWER SYSTEMS, INC., a Delaware corporation; SATCON ELECTRONICS, INC., a Delaware corporation; each with offices located at 27 Drydock Avenue, Boston, Massachusetts 02210; and (ii) SATCON POWER SYSTEMS CANADA LTD. (the “Canadian Borrower”), a corporation organized under the laws of the Province of Ontario, Canada with offices located at 835 Harrington Court, Burlington, Ontario L7N 3P3 (individually and collectively, jointly and severally, “Borrower”).

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