Our Asia subsidiaries maintain credit facilities with several financial institutions through our foreign entities worldwide totaling $205.5 million. Other than two Taiwanese credit facilities that are collateralized by assets, our foreign credit lines are unsecured, uncommitted and contain no restrictive covenants. These credit facilities bear interest at LIBOR or similar indices plus a specified margin. Interest payments are due monthly on outstanding amounts under the credit lines. The unused and available credit under the various facilities as of March 31, 2021, was approximately $127.9 million, net of a $67.6 million advanced under our foreign credit lines and $0.5 million credit used for import and export guarantee. In connection with our Asia credit facilities $54.8 million of cash

deposits have been restricted in support of a corresponding loan amount. During April 2021 $50.0 million of the restricted cash was released from all contractual restrictions, as the applicable loans were repaid in full.

The Company maintains a long-term credit facility (“Credit Agreement”) consisting of a term loan with a current balance of $218.0 million and a $150.0 million revolving senior credit facility. The Company used a portion of the proceeds available under the term commitment and the revolving senior credit facility to finance the Company’s acquisition of Lite-On Semiconductor Corporation. The Credit Agreement contains certain financial and non-financial covenants, including, but not limited to, a maximum Consolidated Leverage Ratio, a minimum Consolidated Fixed Charge Coverage Ratio, and restrictions on liens, indebtedness, investments, fundamental changes, dispositions, and restricted payments (including dividends and share repurchases). Furthermore, under the Credit Agreement, restricted payments, including dividends and share repurchases, are permitted in certain circumstances, including while the pro forma Consolidated Leverage Ratio is, both before and after giving effect to any such restricted payment, at least 0.25 to 1.00 less than the maximum permitted under the Credit Agreement. In addition to the credit facilities described above, our 51% owned subsidiary, ERIS Technology Corporation (“ERIS”), has short-term debt of $13.3 million and long-term debt of $30.0 million from local Taiwan banks. The ERIS debt matures in various periods from 2021 through 2033.

Borrowings outstanding as of March 31, 2021 and December 31, 2020, are set forth in the table below:

	March 31,			December 31,				Current Amount
Description	2021			2020			Interest Rate	Maturity
Short-term debt	$	67,624		$	140,567		Libor plus margin	Various during 2021

Long-term debt
Term loan and revolver	$	217,969		$	282,250		Libor plus margin	May 2024
Notes payable to Bank of Taiwan		4,067			4,154		Variable, 1.3% base	June 2033
Notes payable to Bank of China Trust Company		3,504			3,511		Taibor 3 month rate + 0.5%	December 2021
Notes payable to Bank of China Trust Company		16,678			16,714		Taibor 3 month rate + 0.5%	May 2024
Notes payable to E Sun Bank		3,504			3,511		1-M deposit rate plus 0.08%	December 2022
Notes payable to E Sun Bank		385			386		1-M deposit rate plus 0.08%	June 2027
Notes payable to E Sun Bank		1,717			1,721		1-M deposit rate plus 0.08%	June 2030
Notes payable to HSBC		100,000			-		Libor plus margin	January 2023
Total long-term debt		347,824			312,247
Less: Current portion of long-term debt		(18,353	)		(21,860	)
Less: Unamortized debt costs		(2,464	)		(2,208	)
Total long-term debt, net of current portion	$	327,007		$	288,179