DEBT/ENCUMBRANCES a. The Company and its subsidiaries have the following outstanding debt for money borrowed (whether or not convertible) (please attach copies of all instruments evidencing the debt): Name and Address of Lender Original Principal Amount/ Principal Outstanding Maturity Date Secured/Unsecured (if secured, complete 6(b)) Do not list debt that is to be repaid prior to or concurrently with the SVB loan.
DEBT/ENCUMBRANCES. (a) All debt owed to the Company or its Subsidiaries by the Company’s or its Subsidiaries’ officers, directors and /or shareholders of the Company prior to Closing, if any,
DEBT/ENCUMBRANCES. Except for (i) this Note and (ii) indebtedness secured by Permitted Encumbrances, the Borrower shall not (A) incur any indebtedness creating any lien or encumbrance on the Collateral or the Dispensary Permit, or grant any encumbrances (or permit any encumbrances to be granted) on any of the Collateral or the Dispensary Permit, other than Permitted Encumbrances, or (B) permit or cause NewCo to incur any indebtedness or grant any encumbrances (or permit any encumbrances to be granted), on any of the assets of NewCo, including, without limitation, the Dispensary Permit (as and if transferred to NewCo) other than Permitted Encumbrances.
DEBT/ENCUMBRANCES. Have any Debt for borrowed money secured by an Encumbrance on any property of any Borrower or the Guarantor, unless (a) such Borrower's payment obligations hereunder, or the Guarantor's payment obligations under the Guaranty, as the case may be, shall have effectively been secured equally and ratably with (or, at the option of such Borrower or the Guarantor, as the case may be, in priority to) such secured Debt or (b) immediately after giving effect thereto and to any concurrent repayment of Debt, the aggregate amount of all such secured Debt of the Guarantor and of each of its Restricted Subsidiaries, plus the aggregate amount of Consolidated Lease Rentals (excluding Consolidated Lease Rentals under Leases in effect as of December 31, 2001, and any renewal, extension or replacement thereof, and Leases with respect to property not owned by the Guarantor on such date), discounted to present value at 10%, compounded annually, arising out of all Sale and Leaseback Transactions to which the Guarantor or any of its Restricted Subsidiaries is then a party, does not exceed 10% of Consolidated Net Worth; provided, however, that this Section 7.03(i) shall not apply to, and there shall be excluded from secured Debt in any computation under this Section 7.03(i), Debt secured by (A) Encumbrances existing on the Closing Date and set forth on Schedule 7.03(i);
DEBT/ENCUMBRANCES. 5.1 The Company’s and its subsidiaries’ have the following debt for money borrowed outstanding (whether or not convertible): Name of Lender Original Principal Amount/Principal Outstanding Maturity Date Company/Subsidiary [●] [●] [●] Company ☐ / [●] [●] [●] [●] Company ☐ / [●]
DEBT/ENCUMBRANCES a. The Company and its subsidiaries have the following outstanding debt for money borrowed (whether or not convertible) (please attach copies of all instruments evidencing the debt): Name and Address of Lender Original Principal Amount/ Principal Outstanding Maturity Date Secured/Unsecured (if secured, complete 6(b)) ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- Do not list debt that is to be repaid prior to or concurrently with the Hercules Technology Growth Capital, Inc. and Hercules Technology III, L.P. loan.
DEBT/ENCUMBRANCES. The Company and its subsidiaries have the following outstanding debt for money borrowed (whether or not convertible) (please attach copies of all instruments evidencing the debt): Name and Address of Lender Original Principal Amount/ Principal Outstanding Maturity Date Secured/Unsecured (if secured, complete 6(b)) Morningside Venture (I) Investments Limited 2nd Floor, Le Prince xx Xxxxxx, 0-0 Xxxxxx xxx Xxxxxxxxxxx, XX 00000, Xxxxxx 52,357,333.33 USD/ 52,357,333.33 USD January 10, 2020 Unsecured Pivotal Beta Limited [ADDRESS] 15,000,000 USD / 15,000,000 USD January 10, 2020 Unsecured Do not list debt that is to be repaid prior to or concurrently with the Hercules Capital, Inc. loan. The Company’s and its subsidiaries’ properties are subject to the following liens or encumbrances: N/A Name of Holder of Lien/Encumbrance Description of Property Encumbered Name of Company/Subsidiary Xxxxx Global Reit Riverside Center, LLC Landlord security deposit in the amount of $325,000 Stealth BioTherapeutics Inc. Woodland Station LLC Landlord security deposit in the amount of $517.50 Stealth BioTherapeutics Inc. Do not list liens that are to be terminated prior to or concurrently with the Hercules Capital, Inc. loan.
DEBT/ENCUMBRANCES. (a) Set forth below is a list of all outstanding Indebtedness for borrowed money having an aggregate value or face amount greater than $5,000,000, including deferred payment or royalty obligations for property or services (whether or not convertible, but excluding trade debt) of each Loan Party, including any such Indebtedness to be paid off with proceeds of the Loans on the Closing Date: Loan Party Name Name of Lender/Creditor Original Principal Amount/Principal Outstanding Maturity Date
DEBT/ENCUMBRANCES a. The Company and its subsidiaries have the following outstanding debt for money borrowed (whether or not convertible) (please attach copies of all instruments evidencing the debt): Name and Address of Lender Original Principal Maturity Date Secured/Unsecured (if Amount/ Principal secured, complete 6(b)) Outstanding Silicon Valley Bank 0.00 November 2, 2021 Secured 3000 Xxxxxx Xxxxx; Xxxxx Xxxxx, XX 00000 Dell Financial Services $4.2M Various (3 year Secured Oxx Xxxx Xxx Xxxxx Xxxx, XX lease terms) To: Silicon Valley Bank Perfection Certificate Do not list debt that is to be repaid prior to or concurrently with the SVB loan.
DEBT/ENCUMBRANCES a. Company and its subsidiaries have the following outstanding debt for money borrowed: Name and Address of Lender Original Principal Amount/Principal Outstanding Date of Note Maturity Date Secured/Unsecured (if secured, complete 6(b)) EMTEECO Holdings Ltd. $17,000/$17,000 December 20, 2013 December 20, 2016 Unsecured Liberty Petroleum Corporation $542,294/$587,724 September 26, 2013 July 20, 2016 Unsecured Kxxxx X. Xxxxxxxxxxx $25,000/$25,000 March 31, 2014 March 31, 2017 Unsecured $3,100/$3,100 May 5, 2014 May 5, 2016 Unsecured $10,000/$10,000 July 16, 2014 July 16, 2016 Unsecured $16,000/$16,000 September 29, 2014 September 29, 2016 Unsecured $6,000/$6,000 December 17, 2014 December 17, 2016 Unsecured $2,500/$2,500 January 29, 2015 January 29, 2017 Unsecured $10,000/$10,000 November 20, 2015 On Demand Unsecured $5,000/$5,000 January 15, 2016 On Demand Unsecured $7,000/$7,000 February 2, 2016 On Demand Unsecured $7,000/$7,000 February 4, 2016 On Demand Unsecured $4,600/$4,600 May 13, 2016 On Demand Unsecured Wxxxxxx Xxxxxx $4,000/$4,000 Mxxxx 0, 0000 Xxxxx 9, 2017 Unsecured $3,000/$3,000 August 11, 2015 On Demand Unsecured $5,353/$5,353 December 16, 2015 On Demand Unsecured $1,500/$1,500 January 15, 2016 On Demand Unsecured $3,500/$3,500 January 19, 2016 On Demand Unsecured $4,000/$4,000 February 3, 2016 On Demand Unsecured $10,000/$10,000 February 4, 2016 On Demand Unsecured $1,800/$1,800 April 20, 2016 On Demand Unsecured
