LOAN AND SECURITY AGREEMENTLoan and Security Agreement • October 10th, 2007 • Active Power Inc • Electric services • Delaware
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of the Effective Date between SILICON VALLEY BANK, a California corporation (“Bank”), and ACTIVE POWER, INC., a Delaware corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
