Loan and Security Agreement擔(dān)保貸款協(xié)議

-10-LoanandSecurityAgreement擔(dān)保貸款協(xié)議核心提示：TABLEOFCONTENTS1ACCOUNTINGANDOTHERTERMS2LOANANDTERMSOFPAYMENT2.1CreditExtensions2.2InterestRate,Payments2.3Fees2.4AdditionalCosts3CONDITIONSOFLOANS3.1ConditionsPrecedenttoInitialCreditExtension3.2ConditionsPrecTABLEOFCONTENTS1ACCOUNTINGANDOTHERTERMS2LOANANDTERMSOFPAYMENT2.1CreditExtensions2.2InterestRate,Payments2.3Fees2.4AdditionalCosts3CONDITIONSOFLOANS3.1ConditionsPrecedenttoInitialCreditExtension3.2ConditionsPrecedenttoallCreditExtensions4CREATIONOFSECURITYINTEREST4.1GrantofSecurityInterest5REPRESENTATIONSANDWARRANTIES5.1DueOrganizationandAuthorization5.2Collateral5.3Litigation5.4NoMaterialAdverseChangeinFinancialStatements5.5Solvency5.6RegulatoryCompliance5.7Subsidiaries5.8FullDisclosure6AFFIRMATIVECOVENANTS6.1CleanUpPeriod6.2GovernmentCompliance6.3FinancialStatements,Reports,Certificates6.4Inventory;Returns6.5Taxes6.6Insurance6.7PrimaryAccounts6.8FinancialCovenants6.9FurtherAssurances7NEGATIVECOVENANTS7.1Dispositions7.2ChangesinBusiness,Ownership,ManagementorBusinessLocations7.3MergersorAcquisitions7.4Indebtedness7.5Encumbrance7.6Distributions;Investments7.7TransactionswithAffiliates7.8SubordinatedDebt7.9Compliance8EVENTSOFDEFAULT8.1PaymentDefault8.2CovenantDefault8.3MaterialAdverseChange8.4Attachment8.5Insolvency8.6OtherAgreements8.7Judgments8.8Misrepresentations9BANK’SRIGHTSANDREMEDIES9.1RightsandRemedies9.2PowerofAttorney9.3AccountsCollection9.4BankExpenses9.5Bank’sLiabilityforCollateral9.6RemediesCumulative9.7DemandWaiver10NOTICES11CHOICEOFLAW,VENUEANDJURYTRIALWAIVER12GENERALPROVISIONS12.1SuccessorsandAssigns12.2Indemnification12.3TimeofEssence12.4SeverabilityofProvision12.5AmendmentsinWriting,Integration12.6Counterparts12.7Survival12.8Confidentiality12.9EffectofAmendmentandRestatement12.10Attorneys’Fees,CostsandExpenses13DEFINITIONS13.1DefinitionsTHISAMENDEDANDRESTATEDLOANANDSECURITYAGREEMENTisdated_________,_________,_________(M,D,Y),betweenBBB(Bank),whoseaddressis_________(Address)andAAA,INC.(Borrower),whoseaddressis_________(Address).RECITALSA.BankandBorrowerarepartiestothatcertainLoanandSecurityAgreementdated_________,_________,_________(M,D,Y),asamended(collectively,theOriginalAgreement).B.BorrowerandBankdesireinthisAgreementtosetforththeiragreementwithrespecttocontinueamortizingtheTermLoansandaworkingcapitalandequipmentlineandtoamendandrestateinitsentiretywithoutnovationtheOriginalAgreementinaccordancewiththeprovisionsherein.AGREEMENTThepartiesagreeasfollows:1ACCOUNTINGANDOTHERTERMSAccountingtermsnotdefinedinthisAgreementwillbeconstruedfollowingGAAP.CalculationsanddeterminationsmustbemadefollowingGAAP.Thetermfinancialstatementsincludesthenotesandschedules.Thetermsincludingandincludesalwaysmeanincluding(orincludes)withoutlimitation,inthisoranyLoanDocument.THISAGREEMENTSHALLBECONSTRUEDTOIMPARTUPONBANKADUTYTOACTREASONABLYATALLTIMES.2LOANANDTERMSOFPAYMENT2.1CREDITEXTENSIONS.BorrowerwillpayBanktheunpaidprincipalamountofallCreditExtensionsandinterestontheunpaidprincipalamountoftheCreditExtensions.2.1.1REVOLVINGADVANCES.(a)BankwillmakeAdvancesnotexceeding(i)theCommittedRevolvingLine,minus(ii)theamountofalloutstandingLettersofCredit(includingdrawnbutunreimbursedLettersofCredit),andminus(iii)theForeignExchangeReserve.AmountsborrowedunderthisSectionmayberepaidandreborrowedduringthetermofthisAgreement.(b)ToobtainanAdvance,BorrowermustnotifyBankbyfacsimileortelephoneby_________(Time)PacifictimeontheBusinessDaytheAdvanceistobemade.BorrowermustpromptlyconfirmthenotificationbydeliveringtoBankthePayment/AdvanceFormattachedasExhibitB.BankwillcreditAdvancestoBorrower’sdepositaccount.BankmaymakeAdvancesunderthisAgreementbasedoninstructionsfromaResponsibleOfficerorhisorherdesigneeorwithoutinstructionsiftheAdvancesarenecessarytomeetObligationswhichhavebecomedue.BankmayrelyonanytelephonenoticegivenbyapersonwhomBankbelievesisaResponsibleOfficerordesignee.BorrowerwillindemnifyBankforanylossBanksuffersduetoreliance.(c)TheCommittedRevolvingLineterminatesontheRevolvingMaturityDate,whenallAdvancesandotheramountsdueunderthisAgreementareimmediatelypayable.2.1.2LETTERSOFCREDIT.BankwillissueorhaveissuedLettersofCreditforBorrower’saccountnotexceeding(i)theCommittedRevolvingLineminus(ii)theoutstandingprincipalbalanceoftheAdvancesminustheForeignExchangeReserve;however,thefaceamountofoutstandingLettersofCredit(includingdrawnbutunreimbursedLettersofCreditandanyLetterofCreditReserve)maynotexceed$,_________.EachLetterofCreditwillhaveanexpirydateofnolaterthan180daysaftertheRevolvingMaturityDate,butBorrower’sreimbursementobligationwillbesecuredbycashontermsacceptabletoBankatanytimeaftertheRevolvingMaturityDateifthetermofthisAgreementisnotextendedbyBank.2.1.3FOREIGNEXCHANGESUBLIMIT.IfthereisavailabilityundertheCommittedRevolvingLineandtheBorrowingBase,thenBorrowermayenterinforeignexchangeforwardcontractswiththeBankunderwhichBorrowercommitstopurchasefromorselltoBankasetamountofforeigncurrencymorethanonebusinessdayafterthecontractdate(theFXForwardContract).Bankwillsubtract10%ofeachoutstandingFXForwardContractfromtheforeignexchangesublimitwhichisamaximumof$,_________(theFXSub