BACKGROUNDSecurity Agreement • August 13th, 1999 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • New Jersey
BACKGROUNDLoan Agreement • August 13th, 1999 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • Pennsylvania
FOURTH AMENDED AND RESTATED LINE OF CREDIT NOTE $15,000,000 As of February 1, 1999 FOR VALUE RECEIVED, BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (the "Borrower"), hereby promises to pay to the order of FIRST UNION NATIONAL BANK (the...Line of Credit Note • August 13th, 1999 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment
FOR VALUE RECEIVED, BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (the "Borrower"), hereby promises to pay to the order of FIRST UNION NATIONAL BANK (the "Bank") on the Termination Date the principal amount of FIFTEEN MILLION DOLLARS (15,000,000) or, if less, the aggregate outstanding principal under the Line of Credit extended under the Fourth Amended and Restated Loan Agreement dated the date hereof by and between the Borrower and the Bank as may be amended, modified or restated from time to time (the "Loan Agreement"). Terms capitalized but not defined herein shall have the meanings given to them respectively in the Loan Agreement. Reference is made to the Loan Agreement for a statement of the terms and conditions under which the loans evidenced hereby have been made, secured, and may be prepaid or accelerated. This Note amends and restates and replaces (but does not discharge) the obligations of the Borrower under the Third Amended and Restated Line of Credit Note dated
SECOND ALLONGE TO ACQUISITION LOAN NOTE This is the second allonge dated as of February 1, 1999 to the Acquisition Loan Note dated March 25, 1998 (the "Note") from BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (the "Borrower"), payable to...Acquisition Loan Note • August 13th, 1999 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • New Jersey
SECOND ALLONGE TO REAL ESTATE NOTE This is the second allonge dated as of February 1, 1999 to the Real Estate Loan Note dated May 23, 1996 (the "Note") from BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (the "Borrower"), payable to the...Real Estate Note • August 13th, 1999 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • New Jersey
AMENDED AND RESTATED PATENT SECURITY ASSIGNMENT WHEREAS, BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (the "Borrower") located at One Jake Brown Road, Old Bridge, NJ 08857, owns the patents and patent applications shown in the attached...Patent Security Assignment • August 13th, 1999 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment
WHEREAS, Borrower is obligated to FIRST UNION NATIONAL BANK, a national banking association ("Lender") located at 370 Scotch Road, West Trenton, New Jersey 08628, pursuant to (i) a certain Fourth Amended and Restated Loan Agreement dated as of February 1, 1999 and (ii) a certain Second Amended and Restated Security Agreement dated the date hereof made by Borrower in favor of Lender (as each may be amended, modified, restated or supplemented from time to time, collectively, the "Agreements"); and
