Common use of ERISA Event Clause in Contracts

ERISA Event. An ERISA Event occurs that, individually or taken together with any other ERISA Events, results or could reasonably be expected to result in a Material Adverse Change, or the imposition of a Lien under Section 303(k) of ERISA on any Collateral that could reasonably be expected to, individually or in the aggregate, result in a Material Adverse Change.

Appears in 11 contracts

Samples: Loan Agreement (LumiraDx LTD), Fifteenth Amendment (LumiraDx LTD), Loan Agreement (LumiraDx LTD)

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ERISA Event. An ERISA Event occurs that, individually or taken together with any other ERISA Events, results or could reasonably be expected to result in a Material Adverse Change, Change or the imposition of a Lien under Section 303(k) of ERISA on any Collateral that could reasonably be expected to, individually or in the aggregate, result in a Material Adverse ChangeCollateral.

Appears in 8 contracts

Samples: Loan Agreement (Amicus Therapeutics, Inc.), Loan Agreement (Epizyme, Inc.), Loan Agreement

ERISA Event. An ERISA Event occurs that, individually or taken together with any other ERISA Events, results or could reasonably be expected to result in a Material Adverse Change, Change or the imposition of a Lien under Section 303(k) of ERISA on any Collateral that could reasonably be expected to, individually or in the aggregate, result in a Material Adverse ChangeCollateral.

Appears in 6 contracts

Samples: Loan Agreement (Collegium Pharmaceutical, Inc), Guaranty and Security Agreement (Global Blood Therapeutics, Inc.), Loan Agreement (Akebia Therapeutics, Inc.)

ERISA Event. An ERISA Event occurs that, individually or taken together with any other ERISA Events, results or could reasonably be expected to result in a Material Adverse Change, Change or the imposition of a Lien under Section 303(k) of ERISA on any Collateral that could reasonably be expected to, individually or in the aggregate, result in a Material Adverse ChangeCollateral. 8.

Appears in 1 contract

Samples: Loan Agreement (Amicus Therapeutics, Inc.)

ERISA Event. An ERISA Event occurs that, individually or taken together with any other ERISA Events, results or could reasonably be expected to result in a Material Adverse Change, Change or a material liability of Borrower or any of its Subsidiaries or any of their respective ERISA Affiliates or the imposition of a Lien under Section 303(k) on a material portion of ERISA on any Collateral that could reasonably be expected tothe properties and assets of Borrower and its Subsidiaries, individually or in the aggregate, result in taken as a Material Adverse Changewhole.

Appears in 1 contract

Samples: Loan Agreement (SI-BONE, Inc.)

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ERISA Event. An ERISA Event occurs that, individually or taken together with any other ERISA Events, results or could reasonably be expected to result in a Material Adverse Change, liability of Borrower or any of its Subsidiaries or any of their respective ERISA Affiliates or the imposition of a Lien under Section 303(k) of ERISA on any Collateral that of the properties or assets of Borrower or any of its Subsidiaries, which liabilities and Liens could reasonably be expected to, individually or in the aggregate, to result in a Material Adverse Change.

Appears in 1 contract

Samples: Loan Agreement (Lexicon Pharmaceuticals, Inc.)

ERISA Event. An ERISA Event occurs that, individually or taken together with any other ERISA Events, results or could reasonably be expected to result in a Material Adverse Change, Change or the imposition of a Lien under Section 303(k) of ERISA on any Collateral that that, individually or taken together with any other such Liens, could reasonably be expected to, individually or in the aggregate, to result in a Material Adverse Change.. 8

Appears in 1 contract

Samples: Loan Agreement (NovoCure LTD)

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