AMENDMENT NUMBER ONE TO LOAN AGREEMENTLoan Agreement • October 15th, 2001 • Palm Inc • Computer terminals • California
THIS AMENDMENT NUMBER ONE TO LOAN AGREEMENT (this “Amendment”), dated as of August 6, 2001, is entered into between and among, on the one hand, the lenders identified on the signature pages hereof (such lenders, together with their respective successors and assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”), FOOTHILL CAPITAL CORPORATION, a California corporation, as the arranger and administrative agent for the Lenders (“Agent”), HELLER FINANCIAL, INC., a Delaware corporation (“Heller”), and THE CIT GROUP/BUSINESS CREDIT, INC., a New York corporation (“CITBC”) and, on the other hand, PALM, INC., a Delaware corporation (“Borrower”), in light of the following:
