Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty (30) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 3 contracts
Sources: Loan and Security Agreement (Viridian Therapeutics, Inc.\DE), Loan and Security Agreement (Viridian Therapeutics, Inc.\DE), Loan and Security Agreement (Viridian Therapeutics, Inc.\DE)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty twenty (3020) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
Appears in 3 contracts
Sources: Loan and Security Agreement (Geron Corp), Loan and Security Agreement (Geron Corp), Loan and Security Agreement (Geron Corp)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***]$1,000,000, and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty fifteen (3015) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 3 contracts
Sources: Loan and Security Agreement (Paratek Pharmaceuticals, Inc.), Loan and Security Agreement (Paratek Pharmaceuticals, Inc.), Loan and Security Agreement (Paratek Pharmaceuticals, Inc.)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty (30) days after the entry thereof$2,000,000, or Borrower is enjoined or in any way prevented by court order from conducting any part developing or commercializing TRC101, and such court order has not been vacated or overturned within forty-five days of its businessthe effectiveness thereof; or
Appears in 3 contracts
Sources: Loan and Security Agreement (Tricida, Inc.), Loan and Security Agreement (Tricida, Inc.), Loan and Security Agreement (Tricida, Inc.)
Attachments; Judgments. Any material portion of Borrower’s 's assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money money, individually or in the aggregate, of at least $500,000 (not covered by independent third party insurance as to which such liability has not been rejected accepted by such insurance carrier)carrier as of the date of such attachment, individually seizure, levy or in the aggregate, entry of at least [***], judgment and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty ten (3010) days after the entry thereof), or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 2 contracts
Sources: Loan and Security Agreement (Cerecor Inc.), Loan and Security Agreement (Cerecor Inc.)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third third-party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], Two Hundred Fifty Thousand Dollars ($250,000) and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty (30) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
Appears in 1 contract
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money money, individually or in the aggregate, of at least $250,000 (not covered by independent third party insurance as to which liability has not been rejected accepted by such insurance carrier), individually which judgment or in the aggregate, of at least [***], and such judgment remains unsatisfied, unvacated judgments is/are not discharged or unstayed effectively waived or stayed for a period of thirty (30) days after the entry thereofconsecutive days, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a final judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], $750,000 (and such attachment, seizure, levy or judgment remains unsatisfied, unvacated is not stayed or unstayed for a period of thirty (30vacated by Borrower within 45 days) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
Appears in 1 contract
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money money, individually or in the aggregate, of at least $250,000 (not covered by independent third party insurance as to which such liability has not been rejected accepted by such insurance carrier)carrier as of the date of such attachment, individually seizure, levy or in the aggregate, entry of at least [***], judgment and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty ten (3010) days after the entry thereof), or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***]Two Hundred Thousand Dollars ($200,000.00), and such judgment remains unsatisfiedunstayed, unvacated or unstayed unbonded and unsatisfied for a period of thirty more than ten (3010) days after the entry thereofdays, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Merrimack Pharmaceuticals Inc)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***]$150,000, and such which judgment remains unsatisfied, unvacated or unstayed judgments is/are not discharged or effectively waived or stayed for a period of thirty (30) days after the entry thereofconsecutive days, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Petros Pharmaceuticals, Inc.)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, in excess of at least [***], and such judgment $2,000,000 which remains unsatisfied, unvacated or unstayed for a period of thirty (30) 30 days after the entry thereofentry, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Tarsus Pharmaceuticals, Inc.)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***]$250,000, and such attachment, seizure, levy or judgment remains unsatisfied, unvacated or unstayed for a period of thirty twenty (3020) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***]One Hundred and Fifty Thousand Dollars ($150,000), and such judgment remains unsatisfiedunstayed, unvacated or unstayed unbonded and unsatisfied for a period of thirty more than ten (3010) days after the entry thereofdays, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Spring Bank Pharmaceuticals, Inc.)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], Five Hundred Thousand Dollars ($500,000) and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty (30) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Finch Therapeutics Group, Inc.)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], $750,000 and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty forty-five (3045) days after the entry thereof, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Syndax Pharmaceuticals Inc)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money money, individually or in the aggregate, of at least $150,000 (not covered by independent third party insurance as to which liability has not been rejected accepted by such insurance carrier), individually which judgment or in the aggregate, of at least [***], and such judgment remains unsatisfied, unvacated judgments is/are not discharged or unstayed effectively waived or stayed for a period of thirty twenty (3020) days after the entry thereofconsecutive days, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Baxano Surgical, Inc.)
Attachments; Judgments. Any material portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments either by a court of competent jurisdiction or by a regulatory agency with the power to do so is/are entered for the payment of money (not covered by independent third party insurance as to which liability has not been rejected by such insurance carrier), individually or in the aggregate, of at least [***], and such judgment remains unsatisfied, unvacated or unstayed for a period of thirty One Million Dollars (30) days after the entry thereof$1,000,000), or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or
Appears in 1 contract
Sources: Loan and Security Agreement (Akero Therapeutics, Inc.)