NON-RECOURSE RECEIVABLES PURCHASE AGREEMENTNon-Recourse Receivables Purchase Agreement • August 7th, 2006 • Telular Corp • Radio & tv broadcasting & communications equipment • Illinois
This NON-RECOURSE RECEIVABLES PURCHASE AGREEMENT (the “Agreement”), dated as of June 27, 2006, is between SILICON VALLEY BANK (“Buyer”) having a place of business at 3003 Tasman Drive, Santa Clara, California 95054 TELULAR CORPORATION (“Seller”), a Delaware corporation, with its chief executive office at 647 N. Lakeview Parkway, Vernon Hills, Illinois 60061.
LOAN AND SECURITY AGREEMENT (Working Capital Line of Credit)Loan and Security Agreement • August 7th, 2006 • Telular Corp • Radio & tv broadcasting & communications equipment • Delaware
This LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of June 27, 2006, between SILICON VALLEY BANK, a California chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at 230 W. Monroe, Suite 720, Chicago, Illinois 60606 (FAX 312-704-1530) (“Bank”) and TELULAR CORPORATION, a Delaware corporation, with offices at 647 N. Lakeview Parkway, Vernon Hills, Illinois (FAX 847-573-2011) (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
