Additional Term A Loan Sample Clauses
Additional Term A Loan. Lender made an initial Term A Loan to Borrower in an amount equal to $5,000,000 on the Closing Date. On or about September 29, 2006, Lender made one (1) additional Term A Loan in an amount equal to $1,000,000 based on Borrower’s achievement of the condition precedent that the actual revenue and EBITDA for the immediately preceding 12 calendar months for which financial statements had been delivered was greater than or equal to eighty percent (80%) of the projected revenue and EBITDA for same 12 calendar month period as set forth in NimbleGen’s projections, dated February 28, 2006, attached hereto as Exhibit B.
