COMPREHENSIVE LOAN AGREEMENTComprehensive Loan Agreement • July 12th, 2011 • SemiLEDs Corp • Semiconductors & related devices
This Comprehensive Loan Agreement (the “Agreement”) is made and entered into by SemiLEDs Optoelectronics Co. Ltd., represented by Chairman Trung Doan (hereinafter the “Borrower”) and the guarantor who shall act as a joint and several guarantor for the Borrower (hereinafter the “Guarantor”), and the Guarantor and the Borrower (hereinafter collectively the “Obligors”) for application of the loan facility from E. SUN Commercial Bank (hereinafter the “Bank”). In addition to complying with the Credit Facility Agreement, the Joint Guarantee Agreement and other agreements entered into with the Bank, the Obligors agree to comply with the terms and condition as follows:
