LOAN AND SECURITY AGREEMENTLoan and Security Agreement • July 1st, 2009 • NMT Medical Inc • Surgical & medical instruments & apparatus • Delaware
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of the Effective Date between (i) SILICON VALLEY BANK, a California corporation with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 0246 (“Bank”), and (ii) NMT MEDICAL, INC., a Delaware corporation (“NMT”) and NMT HEART, INC., a Delaware corporation (“Heart”, and together with NMT, individually and collectively, jointly and severally, the “Borrower”) each with offices located at 27 Wormwood Street, Boston, Massachusetts 02210, provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
