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Debt
3 Months Ended
Sep. 30, 2012
Debt

H. Debt

Senior Secured Credit Facility

As of September 30, 2012, the Company had a loan and security agreement (the “Loan Agreement”) with Silicon Valley Bank that provided a $35,000 revolving line of credit (the “Revolver”), with interest payable monthly and the principal due at the February 11, 2014 maturity of the Revolver. The Company has had no borrowings under the Loan Agreement since inception and was in compliance with all covenants as of September 30, 2012.

The Company terminated the Loan Agreement on October 12, 2012, in connection with entering into a new senior unsecured revolving credit facility with a syndicate of commercial banks with KeyBank acting as administrative agent. See Note N Subsequent Events.