Amendment No. 1 to Loan Agreement between Bank of America, N.A. and Sunrise Telecom, Inc.

Contract Categories: Business Finance › Loan Agreements
Summary

Bank of America, N.A. and Sunrise Telecom, Inc. have agreed to extend the availability period for Sunrise Telecom's line of credit, originally set in a Business Loan Agreement dated May 22, 2000. The new expiration date for accessing the credit line is August 1, 2001. All other terms of the original agreement remain unchanged. This amendment does not guarantee any further extensions beyond the new expiration date.

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EX-10.3.1 2 dex1031.txt AMENDMENT NO. 1 TO LOAN AGREEMENT EXHIBIT-10.3.1 South Bay Commercial Banking Office #1487 101 Park Center Plaza San Jose, CA 95113 April 26, 2001 Peter Eidelman, Treasurer/Chief Financial Officer Sunrise Telecom, Inc. 22 Great Oaks Boulevard San Jose, CA 95119 Dear Mr. Eidelman: Bank of America, N.A. has extended the availability period for your line of credit documented by the Business Loan Agreement dated May 22, 2000, (including any previous amendments, the "Agreement"). The availability period shall now expire on August 1, 2001. This extension shall not constitute a commitment to extend the availability period beyond the case specified above. All other terms and conditions of the Agreement shall remain in full force and effect. Please feel free to call me at ###-###-#### if you have any questions. Bank of America, N.A. /s/ Lakshmi Wolterding - ------------------------------ By: Lakshmi Wolterding Title: Vice President