Amendment No. 2 to Loan and Security Agreement between Lighthouse Capital Partners V, L.P. and Novacardia, Inc.

Contract Categories: Business Finance › Loan Agreements
Summary

This amendment, dated September 11, 2006, updates the Loan and Security Agreement between Lighthouse Capital Partners V, L.P. (the lender) and Novacardia, Inc. (the borrower). The main change is the extension of the "Bridge Loan Commitment Termination Date" to September 22, 2006. All other terms of the original agreement remain unchanged.

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EX-10.23 4 a2177467zex-10_23.htm EX-10.23

Exhibits 10.23

         AMENDMENT NO. 02

Dated September 11, 2006

TO

that certain Loan and Security Agreement No. 4611
dated as of March 21, 2005, as amended ("Agreement"), by and between
LIGHTHOUSE CAPITAL PARTNERS V, L.P. ("Lender") and
NOVACARDIA, INC. ("Borrower").

(All capitalized terms not otherwise defined herein shall have the meanings given to such terms in the Agreement.)

Without limiting or amending any other provisions of the Agreement, Lender and Borrower agree to the following:

The following definition shall be deleted in its entirety and replaced with the following:

        "Bridge Loan Commitment Termination Date" means September 22, 2006.

Except as amended hereby, the Agreement remains unmodified and unchanged.

BORROWER:   LENDER:

NOVACARDIA, INC.
 
LIGHTHOUSE CAPITAL PARTNERS V, L.P.

 
 
 
 
By:
 
LIGHTHOUSE MANAGEMENT
PARTNERS V, L.L.C., its general partner

By:
 
/s/  RANDALL E. WOODS      
 
By:
 
/s/  THOMAS CONNEELY      

Name:
 
Randall E. Woods
 
Name:
 
Thomas Conneely

Title:
 
President and CEO
 
Title:
 
Vice President