Amendments to Events of Default. The Events of Default will be amended to apply generally to events affecting Aytu and its Subsidiaries (and will continue to apply the Borrower and its Subsidiaries); provided that: ● the definition of “Change of Control” will be amended to reflect the ownership structure of Aytu and its Subsidiaries after giving effect to the Merger.
Appears in 1 contract
Sources: Letter Agreement Re: Consent and Modifications to Loan Documents (Aytu Bioscience, Inc)
Amendments to Events of Default. The Events of Default will be amended to apply generally to events affecting Aytu and its Subsidiaries (and will continue to apply the Borrower and its Subsidiaries); provided that: ● · the definition of “Change of Control” will be amended to reflect the ownership structure of Aytu and its Subsidiaries after giving effect to the Merger.
Appears in 1 contract
Sources: Letter Agreement Re: Consent and Modifications to Loan Documents (Neos Therapeutics, Inc.)