SOVEREIGN LOGO)Btu International Inc • August 17th, 2005 • Special industry machinery, nec
As you know, BTU International, Inc. ("BTU") is indebted to Sovereign Bank (the "Bank") in the principal amount of up to $14,000,000 (the "Loan") pursuant to the terms of a certain Loan Agreement between BTU and the Bank, dated June 26, 2002, which Loan Agreement was as modified on January 28, 2004 (together with all of the other documents that evidence or pertain to the Loan, the "Loan Documents").
