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Title: |
Credit Agreement |
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Entities: |
Abgenix, Inc.; Cell Genesys, Inc.; Fleet National Bank; Silicon Valley Bank; Brown Rudnick Freed & Gesmer; Wilson Sonsini Goodrich & Rosati |
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Date: |
2002 |
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Size: |
Preview shows 10KB of 171KB total |
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Price: |
$41 |
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ID: |
#297830 |
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Credit Agreement
between
CELL GENESYS, INC.
and
FLEET NATIONAL BANK
Dated as of December 27, 2001
TABLE OF CONTENTS
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ARTICLE 1. - DEFINITIONS *1.1 Defined Terms *1.2 Accounting Terms *ARTICLE 2. - LOANS *2.1 Term Loan Commitment *2.2 Term Loan Borrowing Request *2.3 Term Loan Prepayment *2.4 Term Note and Records *2.5 Term Loan Proceeds *2.6 Reduction or Termination of Term Loan Commitment *2.7 Facility Fee. *2.8 Debit of Accounts. *2.8 Application of Payments. *ARTICLE 3. - REPRESENTATIONS AND WARRANTIES *3.1 Financial Condition *3.2 Organization, Existence, Good Standing *3.3 Subsidiaries; Capitalization *3.4 Power and Authority *3.5 Legal, Valid, Binding Obligation *3.6 Consents *3.7 No Legal Bar *3.8 No Litigation *3.9 No Default *3.10 Assets, No Liens; *3.11 No Burdensome Restrictions *3.12 Taxes *3.13 Regulation U, Etc. *3.14 ERISA *3.15 Investment Company Act, Etc. *3.16 Indebtedness *3.17 Contingent Liabilities *3.18 Chief Place of Business; Locations of Books and Records; Locations of Assets *3.19 Laws Including Environmental and Safety Matters *3.20 Intellectual Property *3.21 Negative Pledges *3.22 Full Disclosure *ARTICLE 4. - AFFIRMATIVE COVENANTS *4.1 Financial Statements and Other Documents *4.2 Existence; Compliance with Laws; Etc. *4.3 Maintain Property *4.4 Insurance *4.5 Notice of Material Events *4.6 Deposit Accounts *4.7 Liquid Collateral *ARTICLE 5. - NEGATIVE COVENANTS *5.1 Indebtedness *5.2 Contingent Liabilities *5.3 Limitation on Liens *5.4 Mergers; Dissolution; Disposals or Acquisitions *5.5 Investments and Loans *5.6 Dividends *5.7 Transactions with Affiliates *5.8 Negative Pledge *5.9 Lines of Business *ARTICLE 6. - CONDITIONS PRECEDENT *6.1 Conditions of Initial Extension of Credit *6.2 Conditions of All Loans *ARTICLE 7. - EVENTS OF DEFAULT *7.1 Events of Default *7.2 Lender's Remedies *7.3 Cross Default *7.4 Setoff *ARTICLE 8. - MISCELLANEOUS *8.1 Notices *8.2 No Waiver of Rights *8.3 Obligations Absolute; Cumulative Remedies *8.4 Successors *8.5 Participants *8.6 Governing Law *8.7 Submission to Jurisdiction; Waiver of Trial by Jury. *8.8 Complete Agreement, Amendments *8.9 Expenses *8.10 Indemnification *8.11 Survival of Agreements *8.12 Severability *8.13 Descriptive Headings *8.14 Counterparts *8.15 Pledge to Federal Reserve *8.16 Lost Note * |
SCHEDULES AND EXHIBITS
Schedule 1 (Definitions)
Schedule 3.3 (Subsidiaries, Investments, Joint Ventures, Capitalization)
Schedule 3.6 (Consents and Approvals)
Schedule 3.8 (Litigation)
Schedule 3.11 (Burdensome Restrictions)
SCHEDULE 3.18 (LOCATION OF ASSETS)
SCHEDULE 3.20 (INTELLECTUAL PROPERTY DISCLOSURE)
Schedule 3.21 (Existing Negative pledges)
Schedule 5.1 (Disclosed Indebtedness)
SCHEDULE 5.2 (CONTINGENT LIABILITIES)
Schedule 5.3 (Disclosed Liens)
Schedule 5.5 (Investment policy)
Exhibit A - TERM NOTE
Exhibit B - Compliance Certificate
Exhibit C - PLEDGE AGREEMENT
Credit Agreement
CREDIT AGREEMENT dated as of December 27, 2001 between CELL GENESYS, INC., a Delaware corporation ("Borrower"), with a principal place of business at 342 Lakeside Drive, Foster City, California 94404 and FLEET NATIONAL BANK, a national banking association ("Lender"), with an address at 100 Federal Street, Boston, MA 02110.
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