Loan and Security AgreementLoan and Security Agreement • October 11th, 2005 • North American Scientific Inc • Electromedical & electrotherapeutic apparatus • Delaware
This LOAN AND SECURITY AGREEMENT dated the Effective Date between SILICON VALLEY BANK (“Bank”), whose address is 3003 Tasman Drive, Santa Clara, California 95054, and NORTH AMERICAN SCIENTIFIC, INC., a Delaware corporation (“NASI”), NORTH AMERICAN SCIENTIFIC, INC., a California corporation (“NASI-CA”), and NOMOS CORPORATION, a Delaware corporation (“NOMOS”, and collectively, jointly and severally with NASI and NASI-CA, the “Borrower”), whose address is 20200 Sunburst Street, Chatsworth, California 91311, provides the terms on which Bank will lend to Borrower and Borrower will repay Bank. The parties agree as follows:
