End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a), Borrower shall pay the Lenders a charge of 6.75% of such Term Loan Advances being prepaid.
Appears in 3 contracts
Samples: Loan and Security Agreement (G1 Therapeutics, Inc.), Loan and Security Agreement (G1 Therapeutics, Inc.), Loan and Security Agreement (G1 Therapeutics, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay to the Lenders a charge of 6.756.55% of such Term Loan Advances being prepaidrepaid.
Appears in 3 contracts
Samples: Loan and Security Agreement (Geron Corp), Loan and Security Agreement (Geron Corp), Loan and Security Agreement (Geron Corp)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay the Lenders a charge of 6.75% Three and Ninety-Five Hundredths Percent (3.95%) of such Term Loan Advances being prepaidrepaid.
Appears in 2 contracts
Samples: Loan and Security Agreement (Century Therapeutics, Inc.), Loan and Security Agreement (Century Therapeutics, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.4, Borrower shall pay the Lenders a charge of 6.755.75% of the aggregate original principal amount of such Term Loan Advances being prepaid.
Appears in 2 contracts
Samples: Loan and Security Agreement (Gritstone Bio, Inc.), Loan and Security Agreement (Gritstone Bio, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay the Lenders a charge equal to 6.95% of 6.75% the original principal amount of such Term Loan Advances being prepaid.
Appears in 1 contract
Samples: Loan and Security Agreement (ATAI Life Sciences N.V.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a), Borrower shall pay the Lenders a charge of 6.756.95% of such Term Loan Advances being prepaid.
Appears in 1 contract
Samples: Loan and Security Agreement (G1 Therapeutics, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay the Lenders a charge of 6.75% six point ninety-five percent (6.95%) multiplied by the principal amount of such Term Loan Advances being prepaid.
Appears in 1 contract
Samples: Loan and Security Agreement (Senseonics Holdings, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.4, Borrower shall pay the Lenders a charge of 6.75% five and seventeen-twentieths of one percent (5.85%) multiplied by the principal amount of such Term Loan Advances being prepaid.
Appears in 1 contract
Samples: Loan and Security Agreement (Akero Therapeutics, Inc.)
End of Term Charge. (a) i. On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay the Lenders (x) with respect to any repayment of any Tranche 1A Advances, a charge of 6.754.85% of the principal amount of such Term Loan Advances being prepaidrepaid and (y) for all other Advances repaid, a charge of 4.50% of the principal amount of such Term Loan Advances being repaid.
Appears in 1 contract
Samples: Loan and Security Agreement (Axsome Therapeutics, Inc.)
End of Term Charge. (a) On any date that Borrower Borrowers partially prepays prepay the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower Borrowers shall pay the Lenders a charge of 6.75% five percent (5.0%) of such Term Loan Advances being prepaid.
Appears in 1 contract
Samples: Loan and Security Agreement (BICYCLE THERAPEUTICS PLC)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.4, Borrower shall pay the Lenders a charge of 6.756.25% of such Term Loan Advances being prepaidrepaid.
Appears in 1 contract
Samples: Loan and Security Agreement (Unity Biotechnology, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay the Lenders a charge of 6.754.85% of the principal amount of such Term Loan Advances being prepaidprepaid (without giving effect to any capitalization of paid-in-kind interest for purposes of this calculation).
Appears in 1 contract
Samples: Loan and Security Agreement (Axsome Therapeutics, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay the Lenders a charge equal to 6.55% of 6.75% the original principal amount of such Term Loan Advances being prepaid.
Appears in 1 contract
Samples: Loan and Security Agreement (Eloxx Pharmaceuticals, Inc.)
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay the Lenders a charge of 6.75% equal to four and three quarters percent (4.75%) multiplied by the aggregate principal amount of such Term Loan Advances being prepaid.
Appears in 1 contract
End of Term Charge. (a) On any date that Borrower partially prepays the outstanding Secured Obligations pursuant to Section 2.5(a)2.5, Borrower shall pay to the Lenders a charge of 6.756.55% of such Term Loan Advances being prepaid.repaid. US-DOCS\132047445.10
Appears in 1 contract
