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Subsequent Event - Revolving Credit Agreement
6 Months Ended
Jun. 30, 2020
Subsequent Event - Revolving Credit Agreement  
Subsequent Event - Revolving Credit Agreement

Note 18. Subsequent Event – Revolving Credit Agreement

On July 31, 2020, we entered into a Senior Secured Credit Facilities Credit Agreement (the “Credit Agreement”) with Silicon Valley Bank, in its capacity as administrative agent and collateral agent for itself and as a lender, and such other banks and financial institutions or entities who from time to time join as lenders under the Credit Agreement. The Credit Agreement provides for a revolving credit facility in an aggregate principal amount not to exceed $40.0 million. Our obligations under the Credit Agreement are secured by a security interest, senior to any current and future debts and to any security interest, in all of our rights, title, and interest in, to and under substantially all of our assets, subject to limited exceptions, including permitted liens. The revolving credit facility terminates on August 3, 2023.