LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 16th, 2006 • Encision Inc • Surgical & medical instruments & apparatus • Colorado
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of the Effective Date between SILICON VALLEY BANK, a California corporation (“Bank”), and ENCISION INC., a Colorado corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
