LOAN AGREEMENT (AUCTION RATE SECURITIES FACILITY)Loan Agreement • February 22nd, 2008 • Piper Jaffray Companies • Security brokers, dealers & flotation companies • Minnesota
THIS LOAN AGREEMENT (AUCTION RATE SECURITIES FACILITY) (this “Agreement”) is made and entered into as of February 19, 2008, by and between: PIPER JAFFRAY FUNDING II INC., a Delaware corporation (“Borrower”); and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“Lender”); and has reference to the following facts and circumstances:
