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rts of the State of California or the United States District Court for the Northern District of California and hereby further irrevocably waives any claim that any such suit, action or proceeding brought in any such court as been brought in an inconvenient forum. Article 10 Miscellaneous Section 10.1. Entire Agreement This Agreement with Exhibits embodies the entire agreement and understanding between the parties hereto and supersedes all prior agreements and understandings relation to the subject matter hereof. Section 10.2. Expenses The Borrower shall, whether or not the Loan is made, reimburse the Bank, on demand, for all reasonable expenses incurred by the Bank (including, without limitation, the fees and expenses of any special United States or other counsel to the Bank and, in the case of matters referred to in clause (b) below, other counsel to the Bank, independent accountants and other experts and communication, travel and all other out - of - pocket expenses) incurred in connection with (a) the negotiation, preparation, execution, delivery and administration of this Agreement, the Note and the other documents contemplated hereby or referred to herein , and any amendments or other modifications of , or waives or consents under, any thereof; (b) the enforcement of this Agreement and the Note, and ? if an Event of Default shall have occurred and be continuing (whether or not notice of such Event of Default is given by the Bank or any other action is taken in respect thereof), in the administration of this Agreement. Section l0.3. No Waiver. No failure or delay on the part of the Bank in exercising any power or right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power preclude any other or further exercise thereof or the exercise of any other right or power hereunder. No waiver of any provision of this Agreement or the Note and no consent to any departure by the Borrower therefrom shall in any event be effective unless the same shall be in writing and signed by the Bank, and the such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on the Borrower in any case shall, of itself, entitle the Borrower to any other or further notice or demand in similar or other circumstances. The rights and remedies herein provided are cumulative and not exclusive of any rights or remedies provided by law. Section l0.4. Survival The representations and warranties of the Borrower set forth herein shall survive the making of the Loan and the obligations of the Borrower under Sections 2.7, 4.2, 4.4, 4.5, 4.6 and l0.2 hereof shall survive the repayment of the Loan and the cancellation of the Note. Section l0.5. Notices Any communication, demand or notice to be given hereunder or with respect to the Note shall be duly given when delivered in writing or sent by telex or authenticated cable as follows: If to the Borrower: ____________ ____________ Attention: ___ If to the Bank: Credit Bank ____________ _____________ Attention: ___ Telex No:________ Or, as to each party, at such other address as such party may designate by notice in writing to the other party. All notices by mail from one country to another shall be sent as first class, postage prepaid, airmail. Except as otherwise provided herein, all notices or demands sent by registered airmail shall be deemed received 8 days after they have been sent and notices or demands sent by telex shall be deemed received at the time of the dispatch thereof. Section 10.6. Governing Law This Agreement, the Note and the right and the obligations of the parties hereunder and thereunder shall be governed by and construed in accordance with the laws of the State of California. Section l0.7. Separability of Provisions Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, not be effective to the extent of such prohibition or unenforceability without invalidation the remaining provisions hereof or affection the validity. Or enforceability of such provisions in any other jurisdiction. Section l0. 8. Successors and Assigns This Agreement shall be binding upon and inure to the benefit of the Borrower and the Bank and their respective successors and assigns, except that the Borrower may not assign any of its rights and obligations hereunder. The Bank shall have the right at any time without the consent or notice to the Borrower to sell, assign, transfer, negotiate of grant participations in or otherwise dispose of all or part of the Loan outstanding under this Agreement or the Note. The Borrower shall at the request of the Bank execute and deliver to the Bank, or to such other party or parties as the Bank may designated, any and all further instruments as may be necessary or desirable to give full force and effect to such disposition. The Borrower hereby acknowledges and agrees that any such disposition will give rise to a direct obligation of the Borrower to the participant. The Borrower hereby authorizes the Bank and each participant in case of default by the Borrower hereunder to proceed directly by right of set-off, banker's lien or otherwise against and assets of the Borrower which may at the time of such default be in the hands of the Bank or such participant to the full extent of its interest in the Agreement, the Loan and the Note. Section 10.9. Language All notices, demands, requests, statements or other communications to be made or given by the Borrower hereunder shall be in the English language. Any documents other than financial statements required to be delivered pursuant to this Agreement which are not in the English language must be accompanied by a certified English translation thereof and in the event of any conflict between the original of the document and the English language translation thereof, the English language translation shall for all purposes be deemed to be the correct and controlling version. Section 10.10. Headings, Etc. The headings of the various sections and subsections hereof are for convenience of reference only, do not constitute a part hereof and shall not affect the nearing or construction of any provision hereof. Section 10.ll. Accounting Terms All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principles consistent with those applied in the preparation of the financial statements referred to in Section 5. 6 hereof, and all financial data submitted pursuant to this Agreement shall be prepared in accordance with such principles. Section l0.12. Amendment No provision of this Agreement or the Note may be amended, modified, supplemented, discharged or terminated, unless the Bank consents thereto in writing. Section 10.13. Counterparts This Agreement may be executed in any number of counterparts and by the different parties hereto on separate counterparts, each of which when so executed and delivered shall be an original, but all the counterparts shall together constitute one and the same instrument. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date first above written. ABC COMPANY BY ____ CREDIT BANK, N. A. BY ____ EXHIBIT A PROMLSSORY NOTE U.S$1, 000, 000, 00, l984 By means of this PROMLSSORY NOTE, the undersigned, ABC Company (the "Borrower") unconditionally promises to pay to Credit Bank, N. A for the account of its International Banking Facility (the "Bank"),or order, the principal amount of One Million Dollars (U. S. $1,000, 000) in lawful currency of the United States of America in eight (8) equal installments on the maturity dates and in the amounts herein below specified: Maturity Date Amounts of installments of installments $125, 000 $125, 000 $125, 000 $125, 000 $l25, 000 $125, 000 $125, 000 $125, 000 The Borrower unconditionally promises to pay interest on the unpaid principal amount hereof at the Interest Rate (on the basis of a 360 day year for the actual number of days involved) on the Interest Payment Dates, all as provided in the Loan Agreement, dated as of _________, 20 _________, between the Borrower and the Bank (the "Loan Agreement"). If this Note or any portion hereof or any interest herein becomes due and payable on a day which is not a Business Day, its maturity shall be extended to the next succeeding Business Day, and interest shall accrue on the principal amount hereof at the rate specified in the Loan Agreement during such extension. Any payment made hereunder shall be made in United States Dollars in immediately available funds no later than 10: 00 a.m. (Los Angels time) to Credit Bank, N. A. , International Division, Los Angeles, California, U. S. A. , for the account of Credit Bank, N.A., international Banking Facility. Terms used herein which are defined in the Loan Agreement shall have the same meaning as in the Loan Agreement. This Note is the Note referred to in the Loan Agreement and is entitled to all the benefits provided therein. Reference is made to the Loan Agreement for the rights and 上一页 [1] [2] [3] [4] [5] [6] [7] 下一页 |