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1、LOANANDSECURITYAGREEMENTCOMPANYXYZ,INC.,aCaliforniacorporationBorrower100TwinPeaksDriveSuite600Baywatch,CA94001Address74-6667422BorrowerFedIDTaxNo.$14,100,000CreditLimitNovember__,1999CORPORATEFINANCETHISLOANANDSECURITYAGREEMENT(collectivelywiththeScheduletoLoanAgreement(the“Schedule”)attac
2、hedhereto,the“Agreement”)datedthedatesetforthonthecoverpage,isenteredintobyandbetweentheborrowernamedonthecoverpage(jointlyandseverally,the“Borrower”),whoseaddressissetforthonthecoverpageandABCBANKCapitalCorporation(“ABCBANK”),whoseaddressis555SouthBendAvenue,LosAngeles,California90001.ABCB
3、ANKLoanandSecurityAgreement1.DEFINITIONS.1.1DefinedTerms.AsusedinthisAgreement,thefollowingtermshavethedefinitionssetforthbelow:“Acquisition”hasthemeaningsetforthinSection4.1(z)hereof.“AcquisitionDocuments”hasthemeaningsetforthinSection4.1(z)hereof.“AdditionalSums”hasthemeaningsetforthinSec
4、tion2.9(a)hereof.“Affiliate”meansanyPersoncontrolling,controlledbyorundercommoncontrolwithBorrower.Forpurposesofthisdefinition,“control”meansthepossession,directlyorindirectly,ofthepowertodirectorcausedirectionofthemanagementandpoliciesofanyPerson,whetherthroughownershipofcommonorpreferreds
5、tockorotherequityinterests,bycontractorotherwise.Withoutlimitingthegeneralityoftheforegoing,eachofthefollowingshallbeanAffiliate:anyofficer,director,employeeorotheragentofBorrower,anyshareholder,memberorsubsidiaryofBorrower,andanyotherPersonwithwhomorwhichBorrowerhascommonshareholders,offic
6、ersordirectors.“Agreement”hasthemeaningsetforthinthepreamble.[“ApplicableLaw”hasthemeaningsetforthinSection8.2(a)hereof.]“ApplicableUsuryLaw”hasthemeaningsetforthinSection2.8(b)hereof.“BlockedAccount”hasthemeaningsetforthinSection2.9(c)hereof.“BusinessDay”meansanydayonwhichcommercialbanksin
7、bothLosAngeles,CaliforniaandPhoenix,Arizonaareopenforbusiness.“CapitalExpenditures”meansallexpendituresmadeandliabilitiesincurredfortheacquisitionofanyfixedassetorimprovement,replacement,substitutionoradditiontheretowhichhasausefullifeofmorethanoneyearan