Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 28 contracts
Samples: Loan and Security Agreement (Indie Semiconductor, Inc.), Loan and Security Agreement (Casper Sleep Inc.), Loan and Security Agreement (Casper Sleep Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) ), or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 7 contracts
Samples: Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Xilio Therapeutics, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), ) or 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 6 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Kaleido Biosciences, Inc.), Loan and Security Agreement (Rubius Therapeutics, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), or 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 6 contracts
Samples: Loan and Security Agreement (Omega Therapeutics, Inc.), Loan and Security Agreement (Dyne Therapeutics, Inc.), Loan and Security Agreement (Allena Pharmaceuticals, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections Section 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), or 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 4 contracts
Samples: Loan and Security Agreement (Kala Pharmaceuticals, Inc.), Loan and Security Agreement (Kala Pharmaceuticals, Inc.), Loan and Security Agreement (Kala Pharmaceuticals, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial covenants, if any), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 3 contracts
Samples: Loan and Security Agreement (Evelo Biosciences, Inc.), Loan and Security Agreement (Evelo Biosciences, Inc.), Loan and Security Agreement (Evelo Biosciences, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial product covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 3 contracts
Samples: Loan and Security Agreement (Dermira, Inc.), Loan and Security Agreement (Dermira, Inc.), Loan and Security Agreement (Dermira, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections Section 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), ) or 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Liquidia Technologies Inc), Loan and Security Agreement (Liquidia Technologies Inc)
Covenant Default. (a) If Borrower (i) fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), or 6.6 (primary accounts) or 6.7 (financial covenants), or ii) violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Adicet Bio, Inc.), Loan and Security Agreement (resTORbio, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Igi Laboratories, Inc), Loan and Security Agreement (Acorn Energy, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial covenantsmilestone covenant), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Auspex Pharmaceuticals, Inc.), Loan and Security Agreement (Auspex Pharmaceuticals, Inc.)
Covenant Default. (a) If Borrower fails or neglects to perform any obligation under in Sections 6.2 (financial reportingFinancial Statements, Reports, Certificates), 6.3 (Taxes; Pensions), 6.4 (taxesInsurance), 6.5 (insuranceOperating Accounts), 6.6 (primary accounts) or 6.7 (financial covenantsLitigation Cooperation), or 6.8 (Access to Collateral; Books and Records), or violates any of the covenants contained covenant in Article 7 of this AgreementSection 7; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Relypsa Inc), Loan and Security Agreement (Relypsa Inc)
Covenant Default. (a) If a Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), or 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or;
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Obalon Therapeutics Inc)
Covenant Default. (a) If a Borrower fails to perform any obligation under Sections Section 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial covenantscovenant), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Asante Solutions, Inc.), Loan and Security Agreement (Asante Solutions, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial milestone covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Heat Biologics, Inc.)
Covenant Default. (a) If Borrower an Obligor fails to perform any obligation under Sections 6.2 (financial reportingstatements, reports, certificates), 6.4 (taxes), 6.5 (insurance), 6.6 (primary deposit accounts) or ), 6.7 (financial covenants), 6.11 (further assurances), or 6.12 (material contracts) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Max International Inc), Loan and Security Agreement (Max International Inc)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accountsdepository) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) ), or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 7 of this Agreement; or
Appears in 1 contract
Samples: Loan and Security Agreement (Liquidia Technologies Inc)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or ), 6.7 (financial covenants), or 6.10 (Security Transfer of Title Agreement), or violates any of the covenants contained in Article 7 of this Agreement; or;
Appears in 1 contract
Samples: Loan and Security Agreement (Celator Pharmaceuticals Inc)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 Section 6.3 (financial reporting)Financial Statements, 6.4 (taxesReports, Certificates), 6.5 (insuranceTaxes), 6.6 (primary accounts) or Insurance), 6.7 (financial covenantsAccounts), 6.8 (Financial Covenants), or 6.11 (Future Stock Pledges and Guaranties) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Covenant Default. (a) If a Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or;
Appears in 1 contract
Samples: Loan and Security Agreement (Everyday Health, Inc.)
Covenant Default. (a) If any Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts), 6.7(a) (minimum cumulative revenue) or 6.7 6.12 (financial covenants), amended and restated subordination agreement) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Samples: Loan and Security Agreement (Diamond Eagle Acquisition Corp. \ DE)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or ), 6.7 (financial covenants), or 6.8 (“earn out” subordination agreement) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reportingcovenant), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or ), 6.7 (financial covenants), 6.11 (further assurances), or 6.12 (post-closing covenant) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Samples: Loan and Security Agreement (Thayer Ventures Acquisition Corp)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) depository), or 6.7 (financial covenantscash security account), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Samples: Loan and Security Agreement (Ekso Bionics Holdings, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 Section 6.3 (financial reporting)Financial Statements, 6.4 (taxesReports, Certificates), 6.5 (insuranceTaxes), 6.6 (primary accountsInsurance), 6.8 (EBITDA), 6.9 (Fixed Charge Coverage Ratio), 6.10 (Senior Leverage Ratio), 6.11 (Minimum Liquidity) or 6.7 6.14 (financial covenants), Future Stock Pledges and Guaranties) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or ), 6.7 (financial covenants), ) or 6.12 (amended and restated subordination agreement) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Samples: Loan and Security Agreement (Diamond Eagle Acquisition Corp. \ DE)
Covenant Default. (a) If Borrower fails or neglects to perform any obligation under in Sections 6.2 (financial reportingFinancial Statements, Reports, Certificates), 6.4 (taxesTaxes), 6.5 (insuranceInsurance), 6.6 (primary accountsCollateral Accounts), 6.9 (Notices of Litigation and Default), 6.10 (Minimum Liquidity), 6.12 (Creation/Acquisition of Subsidiaries), 6.13 (Use of Proceeds) or 6.7 6.14 (financial covenants), ERISA Compliance) or Borrower violates any of the covenants contained covenant in Article 7 of this AgreementSection 7; or
Appears in 1 contract
Covenant Default. (a) If Borrower fails or neglects to perform any obligation under in Sections 6.2 (financial reportingFinancial Statements, Reports, Certificates), 6.4 (taxesTaxes), 6.5 (insuranceInsurance), 6.6 (primary accountsOperating Accounts), 6.9 (Notices of Default) or 6.7 6.10 (financial covenants), Creation/Acquisition of Subsidiaries) or Borrower violates any of the covenants contained covenant in Article 7 of this AgreementSection 7; or
Appears in 1 contract
Samples: Loan and Security Agreement (Somaxon Pharmaceuticals, Inc.)
Covenant Default. (a) If Borrower fails or neglects to perform any obligation under in Sections 6.2 (financial reportingFinancial Statements, Reports, Certificates), 6.4 (taxesTaxes), 6.5 (insuranceInsurance), 6.6 (primary accountsOperating Accounts), 6.9 (Notices of Default) or 6.7 6.11 (financial covenants), Creation/Acquisition of Subsidiaries) or Borrower violates any of the covenants contained covenant in Article 7 of this AgreementSection 7; or
Appears in 1 contract
Covenant Default. (a) If Borrower fails to perform any obligation under Sections Section 6.2 (financial reporting), 6.4 6.3 (taxes), 6.5 6.4 (insurance), 6.6 6.5 (primary accounts) or 6.7 6.6 (financial covenants), ) or violates any of the covenants contained in Article 7 of this Agreement; orPogoTec, Inc. – Loan Agreement 12
Appears in 1 contract
Samples: Loan Agreement (PogoTec, Inc.)
Covenant Default. (a) If Borrower fails Borrower's failure to perform any obligation under Sections 6.2 (financial reporting), 6.4 6.3 (taxes), 6.5 6.4 (insurance), 6.6 or 6.5 (primary accounts) or 6.7 (financial covenants), or violates any of the covenants contained in Article 7 of this Agreement; or;
Appears in 1 contract
Samples: Master Security Agreement
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 Section 6.3 (financial reportingFinancial Statements, Reports, Certificates), 6.4 (taxesTaxes), 6.5 (insuranceInsurance), 6.6 6.7 (primary accountsEBITDA), 6.8 (Fixed Charge Coverage Ratio), 6.9 (Senior Leverage Ratio), 6.10 (Minimum Liquidity) or 6.7 6.13 (financial covenants), Future Stock Pledges and Guaranties) or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 (financial reporting), 6.4 (taxes), 6.5 (insurance), 6.6 (primary accounts) or 6.7 (financial covenantsminimum RMC), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
Samples: Loan and Security Agreement (Werewolf Therapeutics, Inc.)
Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 6.3 (financial reporting)Financial Statements, 6.4 (taxesReports, Certificates), 6.5 (insuranceTaxes), 6.6 (primary accountsInsurance), 6.7 (Accounts), 6.10 (Creation/Acquisition of Subsidiaries), 6.11 (Litigation Cooperation) or 6.7 6.13 (financial covenantsFinancial Covenant), or violates any of the covenants contained in Article 7 of this Agreement; or
Appears in 1 contract
