Amendment dated November 2, 2008 to Letter Agreement, dated July 14, 2008, between Bank Mizrahi Tefahot Ltd., as lender, and AudioCodes Ltd., as borrower. (English Summary of Documents in Hebrew)Letter Agreement • June 30th, 2009 • Audiocodes LTD • Telephone & telegraph apparatus
- Until repayment of 2% Senior Convertible Notes Due 2024 in November 2009, cash and investments not less than $120 million and cash balance not less than $15 million.
Amendment dated February 16, 2009 to Letter Agreements, dated April 30, 2008, between First International Bank of Israel, as lender, and AudioCodes Ltd., as borrower. (English Summary of Documents in Hebrew)Letter Agreement • June 30th, 2009 • Audiocodes LTD • Telephone & telegraph apparatus
The parties agreed that until December 31, 2009 expenses due to impairment of intangible assets shall not be taken into account as part of the calculation of the operating income.
Amendment dated April 1, 2009 to Letter Agreement, dated July 14, 2008, between Bank Mizrahi Tefahot Ltd., as lender, and AudioCodes Ltd., as borrower. (English Summary of Documents in Hebrew)Letter Agreement • June 30th, 2009 • Audiocodes LTD • Telephone & telegraph apparatus
The parties agreed that until December 31, 2009 expenses due to impairment of intangible assets shall not be taken into account as part of the calculation of the operating income.
Letter Agreements, dated July 14, 2008, between Bank Mizrahi Tefahot Ltd., as lender, and AudioCodes Ltd., as borrower (English Summary of Documents in Hebrew)Loan Agreement • June 30th, 2009 • Audiocodes LTD • Telephone & telegraph apparatus
First ranking charge on Borrower’s intellectual property, bills of landing, unpaid share capital, goodwill and insurance rights arising from the pledged assets.
Waiver dated November 24, 2008 to Letter Agreement, dated April 30, 2008, between First International Bank of Israel, as lender, and AudioCodes Ltd., as borrower. (English Summary of Documents in Hebrew)Waiver to Letter Agreement • June 30th, 2009 • Audiocodes LTD • Telephone & telegraph apparatus
- Until repayment of 2% Senior Convertible Notes Due 2024 in November 2009, cash and investments not less than $120 million and cash balance not less than $15 million.
