BUSINESS LOAN AGREEMENTBusiness Loan Agreement • November 15th, 2002 • Quidel Corp /De/ • In vitro & in vivo diagnostic substances • California
This Business Loan Agreement (this "Agreement") is entered into by and between Comerica Bank-California ("Bank") and Quidel Corporation, a Delaware Corporation ("Borrower") as of this 29th day of August, 2002, at Bank's headquarters office at 333 West Santa Clara Street, San Jose, California 95113.
Security AgreementAgreement • November 15th, 2002 • Quidel Corp /De/ • In vitro & in vivo diagnostic substances • California
As of August 29, 2002, for value received, the undersigned ("Debtor") pledges, assigns and grants to Comerica Bank-California ("Bank"), a California banking corporation, whose address is 333 West Santa Clara Street, San Jose, CA 95113, Attention: Commercial Loan Documentation, Mail Code 4770, a continuing security interest and lien (any pledge, assignment, security interest or other lien arising hereunder is sometimes referred to herein as a "security interest") in the collateral (as defined below) to secure payment when due, whether by stated maturity, demand acceleration or otherwise, of all existing and future indebtedness ("Indebtedness") to the Bank of ("Borrower") and/or Debtor. Indebtedness includes without limit any and all obligations or liabilities of the Borrower and/or Debtor to the Bank, whether absolute or contingent, direct or indirect, voluntary or involuntary, liquidated or unliquidated, joint or several, known or unknown; any and all obligations or liabilities for whi
