CONSENT AND AGREEMENT REGARDING SBA LOAN AGREEMENTConsent and Agreement Regarding Sba Loan Agreement • April 27th, 2020 • CareView Communications Inc • Radio & tv broadcasting & communications equipment • New York
This CONSENT AND AGREEMENT REGARDING SBA LOAN AGREEMENT (this “Consent Agreement”), dated as of April 17, 2020, by and among CAREVIEW COMMUNICATIONS, INC., a Nevada corporation (“Holdings”), CAREVIEW COMMUNICATIONS, INC., a Texas corporation and a wholly owned subsidiary of Holdings (the “Borrower”), CAREVIEW OPERATIONS, L.L.C., a Texas limited liability company and a wholly owned subsidiary of the Borrower (the “Subsidiary Guarantor”), and PDL INVESTMENT HOLDINGS, LLC, a Delaware limited liability company (as assignee of PDL BioPharma, Inc.), in its capacity as lender under the Credit Agreement defined below (in such capacity, the “Lender”) and in its capacity as agent (in such capacity, the “Agent”) under the Credit Agreement.
CONSENT AND AGREEMENT REGARDING SBA LOAN AGREEMENTConsent and Agreement Regarding Sba Loan Agreement • April 27th, 2020 • CareView Communications Inc • Radio & tv broadcasting & communications equipment • Delaware
This CONSENT AND AGREEMENT REGARDING SBA LOAN AGREEMENT (this “Consent Agreement”), dated as of April 17, 2020, by and among CAREVIEW COMMUNICATIONS, INC., a Nevada corporation (the “Company”), CAREVIEW COMMUNICATIONS, INC., a Texas corporation and a wholly owned subsidiary of the Company (the “Borrower”), CAREVIEW OPERATIONS, L.L.C., a Texas limited liability company and a wholly owned subsidiary of the Borrower (the “Subsidiary Guarantor”), and each of the undersigned NOTE INVESTORS (collectively, the “Majority Investors”), which Majority Investors collectively are holders of at least a majority of the shares of common stock of the Company issued or issuable (on an as converted basis) upon conversion of the Notes and Warrants under the NWPA (each term as defined below).
