Common use of Drawdown Period Clause in Contracts

Drawdown Period. If any Milestones have not been achieved by the last day of the Drawdown Period, the Facility shall be cancelled to the extent not borrowed, unless agreed otherwise in writing by Wellcome.

Appears in 3 contracts

Sources: Convertible Loan Agreement (Alto Neuroscience, Inc.), Convertible Loan Agreement, Convertible Loan Agreement