Loan and Security AgreementSecurity Agreement • August 14th, 2002 • Telecommunication Systems Inc /Fa/ • Radiotelephone communications • Maryland
THIS LOAN AND SECURITY AGREEMENT is entered into on the above date (the “Closing Date”) between SILICON VALLEY BANK (“Silicon”), whose address is 3003 Tasman Drive, Santa Clara, California, 95054 and with a loan production office located at 3343 Peachtree Road, N.W., Suite 312, Atlanta, Georgia 30326 and the borrower named above (the “Borrower”), whose chief executive office is located at the above address (“Borrower’s Address”). The Schedule to this Agreement (the “Schedule”) shall for all purposes be deemed to be a part of this Agreement, and the same is an integral part of this Agreement. (Definitions of certain terms used in this Agreement are set forth in Section 8 below.)
