Common use of Commitment Commencement Date Clause in Contracts

Commitment Commencement Date. the Closing Date Commitment Termination Date: the earliest to occur of (a) the close of the Business Day following the Closing Date, (b) an Event of Default, (c) the existence of any Default, or (d) the Maturity Date. Minimum Credit Extension Amount: $15,000,000 Permitted Purpose: not applicable.

Appears in 2 contracts

Sources: Credit and Security Agreement (Ocular Therapeutix, Inc), Credit and Security Agreement (Ocular Therapeutix, Inc)