Common use of Commitment Commencement Date Clause in Contracts

Commitment Commencement Date. The later to occur of (a) the satisfaction of the Applicable Funding Conditions for this Credit Facility and (b) September 30, 2021. Commitment Termination Date: the earliest to occur of (a) March 31, 2022, and (b) the delivery of a written notice by Agent to Borrower terminating the Applicable Commitments following an Event of Default that has not been waived or cured at the time such notice is delivered. Minimum Credit Extension Amount: $25,000,000.00 MidCap / MannKind / Amendment No. 3 Commencing on the first day of September 1, 2022 (the “Amortization Start Date”) and continuing on the first day of each calendar month thereafter, an amount equal to the aggregate principal amount advanced under Credit Facility #1 divided by twenty-four (24).

Commitment Commencement Date. The later to occur of (a) the satisfaction of the Applicable Funding Conditions for this Credit Facility and (b) September 3030December 31, 2021. Commitment Termination Date: the earliest to occur of (a) March 3131June 30, 2022, and (b) the delivery of a written notice by Agent to Borrower terminating the Applicable Commitments following an Event of Default that has not been waived or cured at the time such notice is delivered. Minimum Credit Extension Amount: $25,000,000.00 MidCap 25,000,000.0060,000,000.00 Midcap / MannKind / Amendment No. 3 Credit and Security Agreement Commencing on the first day of September 1, 2022 20222023 (the “Amortization Start Date”) and continuing on the first day of each calendar month thereafter, an amount equal to the aggregate principal amount advanced under Credit Facility #1 divided by twenty-four (24).