EVOL » Topics » BRIDGE BANK, N.A.

These excerpts taken from the EVOL 8-K filed Feb 27, 2008.
BRIDGE BANK, N.A. (“Lender”) proposes to enter into a loan transaction with EVOLVING SYSTEMS LIMITED (“Borrower”), which is an indirect, Wholly-Owned Subsidiary of the undersigned guarantor (“Guarantor”).  The loan and other credit extensions are being made by Lender to Borrower pursuant to a Loan Agreement dated as of February 22, 2008 (as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced from time to time (the “Agreement”).  Guarantor expects to derive economic benefit from Lender’s doing so and dealing with Borrower in accordance with the Agreement and other Loan Documents.   All terms used without definition in this Guaranty shall have the meaning assigned to them in the Agreement.  Terms defined in the California Uniform Commercial Code as in effect from time to time (the “Code”) and not otherwise defined in this Guaranty or the Agreement shall have the meanings defined for those terms in the Code.  With respect to terms defined in more than one article of the Code, unless otherwise specified such terms will have the meaning specified in Article 9 of the Code.

 

For and in consideration of the loans and other credit extensions by Lender to Borrower, and acknowledging that Lender would not enter into the Agreement without the benefit of this Guaranty (“Guaranty”), Guarantor hereby unconditionally and irrevocably guarantees the prompt and complete payment and performance by the Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations.

 

BRIDGE BANK, N.A. (“Lender”) proposes to enter into a loan transaction with EVOLVING SYSTEMS LIMITED (“Borrower”), which is a direct, Wholly-Owned Subsidiary of the undersigned guarantor (“Guarantor”).  The loan and other credit extensions are being made by Lender to Borrower pursuant to a Loan Agreement dated as of February 22, 2008 (as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced from time to time (the “Agreement”).  Guarantor expects to derive economic benefit from Lender’s doing so and dealing with Borrower in accordance with the Agreement and other Loan Documents.   All terms used without definition in this Guaranty shall have the meaning assigned to them in the Agreement.  Terms defined in the California Uniform Commercial Code as in effect from time to time (the “Code”) and not otherwise defined in this Guaranty or the Agreement shall have the meanings defined for those terms in the Code.  With respect to terms defined in more than one article of the Code, unless otherwise specified such terms will have the meaning specified in Article 9 of the Code.

 

For and in consideration of the loans and other credit extensions by Lender to Borrower, and acknowledging that Lender would not enter into the Agreement without the benefit of this Guaranty (“Guaranty”), Guarantor hereby unconditionally and irrevocably guarantees the prompt and complete payment and performance by the Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations.

 

BRIDGE BANK, N.A. by:

 

 

 

Authorised Officer

 

 

 

 

 

 

 

 

 

BRIDGE BANK, N.A. by:

 

                                                                                               Authorised Officer

 

 

EXCERPTS ON THIS PAGE:

8-K (4 sections)
Feb 27, 2008
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki