Loan Extension Letter Agreement between Imperial Bank and ClearCommerce Corporation (July 13, 2000)

Contract Categories: Business Finance › Modification Agreements
Summary

Imperial Bank and ClearCommerce Corporation have agreed to extend the maturity date of an existing loan (Loan Number 721000065/006) to September 18, 2000. All other terms and conditions of the original loan agreement, dated July 20, 1999, remain unchanged and in effect. This letter serves as formal confirmation of the extension, requiring acknowledgment and acceptance by ClearCommerce Corporation.

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EX-10.9.4 8 0008.txt LETTER AGREEMENT - IMPERIAL BANK EXHIBIT 10.9.4 [LOGO OF IMPERIAL BANK] Date: July 13, 2000 Mr. Mike Grajeda Vice President and CFO ClearCommerce Corporation 11500 Metric Blvd., Suite 300 Austin, Texas 78758 Re: LOAN EXTENSION Borrower Name: ClearCommerce Corporation Loan Number/Note Number: 721000065/006 Dear Borrower: Imperial Bank has approved an extension of the above-referenced credit facility to September 18, 2000 from its current maturity as evidenced by that certain note/agreement dated July 20, 1999 as may be or have been modified from time to time. Except as modified and extended hereby, the existing loan documentation as amended concerning your obligation remains in full force and effect. Very truly yours, /s/ David McLaughlin David McLaughlin Assistant Vice President - -------------------------------------------------------------------------------- Acknowledged and accepted on ________________. By: __________________________ By: __________________________ By: __________________________ By: __________________________ - --------------------------------------------------------------------------------