Common use of Commitment Not Revolving Clause in Contracts

Commitment Not Revolving. The Lender’s commitment to lend hereunder is not revolving in nature, and any amount of the Loan repaid or prepaid may not be reborrowed.

Appears in 8 contracts

Samples: Security Agreement (Invuity, Inc.), Loan Agreement (Invuity, Inc.), Loan Agreement (Invuity, Inc.)

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Commitment Not Revolving. The Lender’s commitment to lend hereunder is not revolving in nature, and any amount of the Loan Loans repaid or prepaid may not be reborrowed.

Appears in 4 contracts

Samples: Security Agreement (Raptor Pharmaceutical Corp), Security Agreement (Dyax Corp), Loan Agreement (Dyax Corp)

Commitment Not Revolving. The Lender’s 's commitment to lend hereunder is not revolving in nature, and any amount of the Loan Loans repaid or prepaid may not be reborrowed.

Appears in 3 contracts

Samples: Security Agreement (Raptor Pharmaceutical Corp), Security Agreement (Raptor Pharmaceutical Corp), Security Agreement (Raptor Pharmaceutical Corp)

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Commitment Not Revolving. SECTION 2.05. . The Lender’s commitment to lend hereunder is not revolving in nature, and any amount of the Loan repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Loan Agreement (Xoma LTD /De/)

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