LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 13th, 2003 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus • Washington
This LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of August 11, 2003, 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 One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462, doing business under the name “Silicon Valley East” (“Bank”) and AMERICAN SCIENCE AND ENGINEERING, INC., a Massachusetts corporation with offices at 829 Middlesex Turnpike, Billerica, Massachusetts 01821 (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
