Extract to table

RECITALS WHEREAS, the Borrower is a provider of cloud-based analytics software and related services and has requested that the Lender provide a revolving credit facility in an aggregate principal amount of up to $30,000,000 to finance general corporate purposes, including working capital, permitted acquisitions, and capital expenditures; WHEREAS, the Lender is willing to make such revolving credit facility available to the Borrower, subject to and upon the terms and conditions set forth herein; WHEREAS, to secure the Borrower's obligations hereunder, the Borrower has agreed to grant to the Collateral Agent, for the benefit of the Secured Parties, a first-priority security interest in substantially all of its assets, as more fully described in the Security Agreement and the IP Security Agreement; and WHEREAS, the parties hereto desire to set forth the terms and conditions upon which such revolving credit facility shall be made available

01 — Defined Terms As used in this Credit Agreement, the following terms shall have the meanings set forth below: "Accordion Commitment" means incremental revolving commitments obtained pursuant to Section 2

"Adjusted Term SOFR" means, for any Interest Period, an interest rate per annum equal to the sum of (a) Term SOFR for such Interest Period plus (b) the SOFR Adjustment applicable to such Interest Period; provided, that if the Adjusted Term SOFR as so determined would be less than the SOFR Floor, then the Adjusted Term SOFR shall be deemed to be the SOFR Floor for purposes of this Credit Agreement

A Person shall be deemed to control another Person if such Person possesses, directly or indirectly, more than 50% of the voting equity interests of such other Person

ARR shall be calculated net of any customer churn occurring on or prior to such date of determination and shall include expansion revenue from existing customers to the extent reflected in binding contractual commitments

00%; provided, that in no event shall the Base Rate be less than 0