New York, New York 10017
Extract named entity: New (location), York (location), New (location), York (location), 10017 (location)

If any change in the law increases Bank's expenses or decreases its return from the Equipment Advances, Borrower will pay Bank upon request the amount of such increase or decrease.
Extract named entity: Bank (organization), Borrower (person), Bank (organization)

" Permitted Investments " are: (a) Investments shown on the Perfection Certificate and existing on the Effective Date (b) Cash Equivalents and (ii) any Investments permitted by Borrower's investment policy, as amended from time to time, provided that such investment policy (and any such amendment thereto) has been approved by Agent; (c) Investments consisting of the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of Borrower;
Extract named entity: Borrower (person), Borrower (person)

3. 2 Between the date of this Agreement and the date of termination of this Agreement, Borrower hereby makes the following representations and warranties:
Extract named entity: Borrower (person)

Borrower is not engaged as one of its important activities in extending credit for margin stock (under Regulations T and U of the Federal Reserve Board of Governors).
Extract named entity: Borrower (person), Federal (organization), Reserve (organization), Board (organization), of (organization), Governors (organization)

Proceeds payable under any policy will, at Bank's option, be payable to Bank on account of the Obligations.
Extract named entity: Bank (organization), Bank (organization)

Except as disclosed on the Perfection Certificate or as Borrower has given notice pursuant to Section 6. 2 (a), there are no actions or proceedings pending or, to the knowledge of the Responsible Officers, threatened in writing by or against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages payable by Borrower or any of its Subsidiaries in an amount involving more than Two Hundred Fifty Thousand Dollars ($250, 000. 00).
Extract named entity: Borrower (person), Borrower (person), Borrower (person)

Bank's exercise of one right or remedy is not an election, and Bank's waiver of any Event of Default is not a continuing waiver.
Extract named entity: Bank (organization), Bank (organization)

This Loan Agreement will be governed by and construed in accordance with the laws of the Commonwealth.
Extract named entity: Commonwealth (location)

Without the prior written consent of the Company, the Borrower shall not transfer any of its rights or obligations under this Agreement.
Extract named entity: Borrower (person)

/ s/Bing Yu
Extract named entity: Bing (person), Yu (person)

Borrower and each of its Subsidiaries have obtained all consents, approvals and authorizations of, made all declarations or filings with, and given all notices to, all government authorities that are necessary to continue its business as currently conducted.
Extract named entity: Borrower (person)

9 THIS LOAN AGREEMENT (" this Agreement ") is entered into by and between the parties below in Beijing, China as of March 31, 2007: Thinkplus Investments Limited., a corporation incorporated under the laws of the Cayman Islands, whose registered address is Codan Trust Company (Cayman) Limited, Century Yard, Cricket Square, Hutchins Drive, P. O.
Extract named entity: Beijing (location), China (location), Thinkplus (organization), Investments (organization), Limited (organization), Cayman (location), Islands (location), Codan (location), Trust (location), Company (location), Cayman (location), Century (location), Yard (location), Cricket (location), Square (location), Hutchins (location), Drive (location)

Convey, sell, lease, transfer or otherwise dispose of (collectively, " Transfer "), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, except for Transfers (a) of Inventory in the ordinary course of business; (b) of worn - out, or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; (d) of non - exclusive licenses for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; and (e) other Transfers having an aggregate book value not in excess of Fifty Thousand Dollars ($50, 000) in the aggregate in any fiscal year.
Extract named entity: Borrower (person)

If there (i) occurs a material adverse change in the business, operations, or condition (financial or otherwise) of the Borrower, or (ii) is a material impairment of the prospect of repayment of any portion of the Obligations.
Extract named entity: Borrower (person)

(a) Directly or indirectly make any Investment other than Permitted Investments, or permit any of its Subsidiaries to do so; or (b) pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock, provided that (i) Borrower may convert any of its convertible securities into other securities pursuant to the terms of such convertible securities or otherwise in exchange thereof and make payments in cash for any fractional share upon such conversion or in connection with the exercise or conversion of warrants or other securities in an amount not to exceed $25, 000 in the aggregate, (ii) Borrower may pay dividends solely in common stock; and (iii) Borrower may repurchase the stock of former employees or consultants pursuant to stock repurchase agreements so long as an Event of Default does not exist at the time of such repurchase and would not exist after giving effect to such repurchase, provided such repurchase does not exceed in the aggregate of $100, 000 per fiscal year.
Extract named entity: Borrower (person), Borrower (person), Borrower (person)

" OTHER EQUIPMENT " is leasehold improvements, intangible property such as computer software and software licenses, equipment specifically designed or manufactured for Borrower, other intangible property, limited use property and other similar property and soft costs, including sales tax, freight and installation expenses.
Extract named entity: Borrower (person)

(b) Bank has the right to audit Borrower's Collateral upon an Event of Default has occurred and is continuing.
Extract named entity: Bank (organization), Borrower (person)

The land on which the facility is located is on the east bank of the James River in Newport News, Virginia.
Extract named entity: east (location), bank (organization), of (location), the (location), James (location), River (location), in (location), Newport (location), News (location), Virginia (location)

(i) The Borrower shall make the first repayment on the First Repayment Date;
Extract named entity: Borrower (person)

7. 2 The Borrower undertakes not to grant any security interest of any kind in respect of any Manufacturer Loan or Shareholder's Loan unless the Loan benefits from similar security of the same rank.
Extract named entity: