Keleshian takes a new approach to energy reduction | Mechanical Air Tight Gasket Doors

Brand new carpeting on main and upper levels, with updated Master Bath. Owner spent over $100,000 to make the lower level the place everyone loves with an eating area, and a kitchen that includes a dishwasher, refrigerator, and microwave. There is rec room, exercise room, seating area and a theater which includes all the electronic equipment. The bathroom has a beautiful tile shower. The sought after Master suite on the main floor has been recently updated, including new flooring. The kitchen, hearth room and eating area are cozy and welcoming with a layout that works well for a family as well as entertaining guests and leads out to a beautiful patio with a yard backing to a wooded area. Three spacious bedrooms and two full baths, one being a Jack and Jill with double sinks make up the second floor. This home sits on a large lot in a cul-de-sac within walking distance to the Elementary school and has a sprinkler system and electronic fence. Must see!

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A.       Effect of Amendment. This Amendment shall not change, modify, amend or revise the terms, conditions and provisions of the Loan Agreement, the terms and provisions of which are incorporated herein by reference, except as expressly provided herein and agreed upon by the parties hereto. This Amendment is not intended to be nor shall it constitute a novation or accord and satisfaction of the outstanding instruments by and between the parties hereto. Borrower and Bank agree that, except as expressly provided herein, all terms and conditions of the Loan Agreement shall remain and continue in full force and effect. Borrower acknowledges and agrees that the indebtedness under the Loan Agreement remains outstanding and is not extinguished, paid or retired by this Amendment, or any other agreements between the parties hereto prior to the date hereof, and that Borrower is and continues to be fully liable for all obligations to Bank contemplated by or arising out of the Loan Agreement. Except as expressly provided otherwise by this Amendment, the credit facilities contemplated by this Amendment shall be made according to and pursuant to all conditions, covenants, representations and warranties contained in the Loan Agreement, as amended hereby.

Headlines about INQD stock have been trending somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Indoor Harvest earned a news sentiment score of 0.9 on InfoTrie’s scale. They also assigned news coverage about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

In connection with the Acquisition, on July 2, 2018 the Company and FIB entered into an amendment to the Credit Agreement (as amended, the “Amended Credit Agreement”) to (i) provide the Company with an additional term loan (the “New Term Loan”) in the amount of $5,500, the proceeds of which were used to fund a portion of the cash consideration for the Acquisition, and (ii) increase the Company’s revolving line of credit from $2,000 to $3,500 (the “Amended Facility”), which the Company may borrow from time to time, subject to the terms of the Amended Credit Agreement, including as may be limited by the amount of the Company’s outstanding eligible receivables. The New Term Loan and the Amended Facility mature July 2, 2023 and June 30, 2019, respectively. The balance on the new term loan at September 30, 2018 was $5,392.

The various restrictive covenants under the Amended Credit Agreement remain substantially consistent with those under the Credit Agreement, provided that the parties agreed (i) to modify the computation of the minimum debt service coverage ratio (but, not the ratio itself) to appropriately reflect relevant aspects of the Acquisition and (ii) to convert the debt to equity ratio in the Credit Agreement to a cash flow coverage ratio whereby, beginning with the fiscal quarter ended September 30, 2018, the ratio of the Company’s total funded debt (as defined in the Amended Credit Agreement) as of the last day of each fiscal quarter to its EBITDA (as defined in the Amended Credit Agreement) for the 12 months ended on such date may not exceed 4.50 to 1.00. The Company was in compliance with these covenants as of September 30, 2018.

Pee Pee, Jeff and Kyaw’s 16- or 17-year-old Papillon, has a settee to match his humans’ in the red room, where the couple go to discuss weightier issues. (Photo: Brenna Stark/Special to the News-Leader)

Clients work with our nonclinical services group to establish initial pharmacokinetics (PK), pharmacodynamics (PD) and safety characteristics of the drug candidate. These safety studies range from dose ranging studies, that involve acute safety monitoring of drugs and medical devices to chronic, multi-year oncogenicity and reproductive toxicity studies. Dose formulation analysis is provided by our pharmaceutical analysis group. Bioanalyses of blood sampled under these protocols by our bioanalytical services group provide pharmacokinetic and metabolism data that is used with the safety and toxicity information to determine the exposure required to demonstrate toxicity. A no adverse effect level is then established for the drug and sets the basis for future safety testing and clinical phase I studies. Upon successful completion of nonclinical safety studies, an IND submission is prepared and reviewed by FDA prior to initiation of human clinical trials.

Section 8.01. Reasonableness. Employee hereby acknowledges and agrees that Employee’s obligations herein and the restrictions imposed hereby (including, without limitation, the restrictive period of time, geographic scope and scope of the restricted activity specified herein) are reasonable and necessary in view of the nature of the Business in which the Company is, or will be, engaged and in light of Employee’s duties and responsibilities and the tasks Employee will be performing or has performed for the Company. Employee further acknowledges and agrees that the restrictions set forth in Article V and Article VI are fair, reasonable and necessary in all respects to protect the Company under this Agreement and to safeguard the value, goodwill and trade secrets of the Business. Employee acknowledges and agrees that the Company would not have entered into this Agreement and the Buyer would not have entered into the Purchase Agreement, but for Employee’s agreements and obligations pursuant to Article V and Article VI. If the scope of any stated restriction is too broad to permit enforcement of such restriction to its full extent, then the parties agree that such restriction shall be enforced and/or modified to the maximum extent permitted by law. The parties agree that in the event of a breach of Article VI, the Restricted Period shall be extended automatically with respect to the breaching party by the period of the breach.

We consent to the incorporation by reference in the Registration Statements (No.’s 333-153734 and 333-228747) on Form S-8 of Bioanalytical Systems, Inc. of our report dated December 21, 2018 relating to the consolidated financial statements of Bioanalytical Systems, Inc., appearing in this Annual Report on Form 10-K of Bioanalytical Systems, Inc. for the year ended September 30, 2018.

18.       Indemnity. Tenant agrees that it will indemnify and hold harmless Landlord from and against any and all claims, suits, actions and damages incurred by Landlord as a result of Tenant’s breach of this Lease or for any personal injury, loss of life or damage to property, sustained in or about the Demised Premises or the buildings and improvements thereon or upon the adjacent sidewalk, parking lot or streets, provided the foregoing indemnity shall not extend to any claims, suits, actions or damages relating to any act, omission, negligence or willful misconduct of Landlord. Landlord agrees to give Tenant reasonable notice of any action which may be instituted against Landlord by reason of any such claim, and to permit Tenant, if Tenant so elects, at its own cost and expense, to engage counsel of its own choice and participate in the defense of any such action.

WHEREAS, pursuant to the Loan Agreement, Bank established a revolving line of credit for Borrower in the original principal amount of up to Two Million and No/100 Dollars ($2,000,000.00) and a term loan in the original principal amount of Four Million Five Hundred Thousand and No/100 Dollars ($4,500,000.00); and