Common use of Facility Fee Clause in Contracts

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Thousand Dollars ($75,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 7 contracts

Samples: Loan and Security Agreement (Arqule Inc), Loan and Security Agreement (Sorrento Therapeutics, Inc.), Loan and Security Agreement (Poseida Therapeutics, Inc.)

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Facility Fee. A fully earned, non-refundable facility fee of Seventy Seventy-Five Thousand Dollars ($75,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 4 contracts

Samples: Loan and Security Agreement (Airxpanders Inc), Loan and Security Agreement (Clarus Therapeutics Inc), Loan and Security Agreement (Minerva Neurosciences, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Fifty Thousand Dollars ($75,000.0050,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 3 contracts

Samples: Loan and Security Agreement (Adynxx, Inc.), Loan and Security Agreement (Alliqua BioMedical, Inc.), Loan and Security Agreement (Adynxx, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Thousand Dollars ($75,000.00) (the “Facility Fee”) to be shared between the Lenders pursuant to their respective Commitment Percentages payable Percentages, which Facility Fee, to the extent not previously paid, shall be deducted from the initial Credit Extension on the Effective Date;

Appears in 3 contracts

Samples: Loan and Security Agreement (Vitae Pharmaceuticals, Inc), Loan and Security Agreement (Vitae Pharmaceuticals, Inc), Loan and Security Agreement (Vitae Pharmaceuticals, Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DatePercentages, receipt of which hereby is acknowledged;

Appears in 3 contracts

Samples: Loan and Security Agreement (Sophiris Bio Inc.), Loan and Security Agreement (Sophiris Bio Inc.), Loan and Security Agreement (Sophiris Bio Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Twenty-Five Thousand Dollars ($75,000.0025,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DateDate (receipt of which Collateral Agent hereby acknowledges) (the “Facility Fee”);

Appears in 2 contracts

Samples: Loan and Security Agreement (Relypsa Inc), Loan and Security Agreement (Relypsa Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy One Hundred Twenty-Five Thousand Dollars ($75,000.00125,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date, the receipt of which Collateral Agent and Lenders hereby acknowledge;

Appears in 2 contracts

Samples: Loan and Security Agreement (Selecta Biosciences Inc), Loan and Security Agreement (Selecta Biosciences Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy One Hundred Eighty-Five Thousand Dollars ($75,000.00185,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 2 contracts

Samples: Loan and Security Agreement (Centrexion Therapeutics Corp), Loan and Security Agreement (Centrexion Therapeutics Corp)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Thousand Dollars ($75,000.00100,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date, receipt of which hereby is acknowledged;

Appears in 2 contracts

Samples: Loan and Security Agreement (Auspex Pharmaceuticals, Inc.), Loan and Security Agreement (Auspex Pharmaceuticals, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Seventy-Five Thousand Dollars ($75,000.0075,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on Percentages, which facility fee was paid by Borrower to Collateral Agent concurrently with the Effective Dateexecution by Borrower of the loan proposal dated July 17, 2012;

Appears in 2 contracts

Samples: Loan and Security Agreement (CareDx, Inc.), Loan and Security Agreement (CareDx, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Thousand Dollars ($75,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date, receipt of which Lenders hereby acknowledge;

Appears in 2 contracts

Samples: Loan and Security Agreement (Tobira Therapeutics, Inc.), Loan and Security Agreement (Tobira Therapeutics, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Fifty Thousand Dollars ($75,000.0050,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DatePercentages, which has already been paid by Borrower;

Appears in 2 contracts

Samples: Loan and Security Agreement (Visterra, Inc.), Loan and Security Agreement (Visterra, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Fifty Thousand Dollars ($75,000.0050,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable which has already been paid by the Borrower on the Effective Dateor about June 10, 2014;

Appears in 2 contracts

Samples: Loan and Security Agreement (Sientra, Inc.), Loan and Security Agreement (Sientra, Inc.)

Facility Fee. A fully earned, non-refundable non‑refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DateFunding Date of the Term A Loan;

Appears in 2 contracts

Samples: Loan and Security Agreement (Immunocore LTD), Loan and Security Agreement (Immunocore LTD)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 2 contracts

Samples: Loan and Security Agreement (Durata Therapeutics, Inc.), Loan and Security Agreement (Durata Therapeutics, Inc.)

Facility Fee. A fully earned, non-refundable non‑refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 2 contracts

Samples: Loan and Security Agreement (Aratana Therapeutics, Inc.), Loan and Security Agreement (Regulus Therapeutics Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on Percentages; the Lenders hereby acknowledge and agree that Fifty Thousand Dollars ($50,000) of the facility fee was paid by Borrower prior to the Effective Date and shall be credited to each Lender as of the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Medicinova Inc)

Facility Fee. A fully earned, non-refundable non‑refundable facility fee of Seventy Five Two Hundred Thousand Dollars ($75,000.00200,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable which has already been paid by the Borrower on the Effective Dateor about May 30, 2013;

Appears in 1 contract

Samples: Loan and Security Agreement (Cytori Therapeutics, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy One Hundred Twelve Thousand Five Thousand Hundred Dollars ($75,000.00112,500.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Otonomy, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Affymax Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy One Hundred Twenty-Five Thousand Dollars ($75,000.00) 125,000.00), to be shared between the Lenders pursuant to their respective Commitment Percentages Percentages, due and payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Acelrx Pharmaceuticals Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Three Hundred Twenty Thousand Dollars ($75,000.00320,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (HTG Molecular Diagnostics, Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Two Hundred Thousand Dollars ($75,000.00200,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Strongbridge Biopharma PLC)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date, receipt of which hereby is acknowledged;

Appears in 1 contract

Samples: Loan and Security Agreement (Somaxon Pharmaceuticals, Inc.)

Facility Fee. A fully earned, non-refundable facility fee (the “Facility Fee”) of Seventy One Hundred Twenty Five Thousand Dollars ($75,000.00125,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages Percentages, payable on the Effective Date;.

Appears in 1 contract

Samples: Loan and Security Agreement (ConforMIS Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Fifty Thousand Dollars ($75,000.0050,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DatePercentages, receipt of which hereby is acknowledged;

Appears in 1 contract

Samples: Loan and Security Agreement (Sorrento Therapeutics, Inc.)

Facility Fee. A fully earned, non-refundable non‑refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable Percentages, which facility fee was paid on the Effective Dateor about July 18, 2014;

Appears in 1 contract

Samples: Loan and Security Agreement (diaDexus, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date, receipt of which Collateral Agent hereby acknowledges;

Appears in 1 contract

Samples: Loan and Security Agreement (CymaBay Therapeutics, Inc.)

Facility Fee. (i) A fully earned, non-refundable facility fee of Seventy Five One Hundred Thousand Dollars ($75,000.00100,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable Percentages, Fifty Thousand Dollars ($50,000) of which have already been paid on or about March 19, 2013 and the Effective Dateremaining Fifty Thousand Dollars ($50,000) of which must be paid on or before the funding of the Term A Loans;

Appears in 1 contract

Samples: Loan and Security Agreement (Galena Biopharma, Inc.)

Facility Fee. A fully earned, non-refundable non‑refundable facility fee of Seventy Seventy-Five Thousand Dollars ($75,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Ocera Therapeutics, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages due and payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Durect Corp)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Seventy-Five Thousand Dollars ($75,000.00) to be shared between the Lenders pursuant to their respective aggregate Commitment Percentages payable Percentages, which Facility Fee, to the extent not previously paid, shall be deducted from the initial Credit Extension on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Transenterix Inc.)

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Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Fifty Thousand Dollars ($75,000.0050,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable payable, the entire amount of which has already been paid on the Effective Dateor about November 15, 2013;

Appears in 1 contract

Samples: Loan and Security Agreement (Acura Pharmaceuticals, Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Thousand Dollars ($75,000.00100,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date, the receipt of which Collateral Agent and the Lenders hereby acknowledge;

Appears in 1 contract

Samples: Loan and Security Agreement (Pulmonx Corp)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Fifty Thousand Dollars ($75,000.0050,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable Percentages, which was paid by Borrower on the Effective Dateor about July 2, 2014;

Appears in 1 contract

Samples: Loan and Security Agreement (Senseonics Holdings, Inc.)

Facility Fee. A fully earned, non-non refundable facility fee of Seventy Five Two Hundred Fifty Thousand Dollars ($75,000.00250,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on Percentages; the Lenders hereby acknowledge and agree that Seventy Five Thousand Dollars ($75,000) of the facility fee was paid by Borrower prior to the Effective Date and shall be credited to each Lender as of the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Supernus Pharmaceuticals Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Four Hundred Fifty Thousand Dollars ($75,000.00450,000) to be shared between the Lenders pursuant to their respective Commitment Percentages which shall be due and payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Anacor Pharmaceuticals, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Thousand Dollars ($75,000.0075,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date(receipt of which hereby is acknowledged);

Appears in 1 contract

Samples: Loan and Security Agreement (Rib-X Pharmaceuticals, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of One Hundred Seventy Five Thousand Dollars ($75,000.00175,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date, the receipt of which Collateral Agent and Lenders acknowledge as having occurred on or before the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Trevena Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Thousand Dollars ($75,000.00100,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on Percentages, which fee was received by the Lenders prior to the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Zalicus Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Twenty-Five Thousand Dollars ($75,000.0025,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Aviragen Therapeutics, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Forty Thousand Dollars ($75,000.00140,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Navidea Biopharmaceuticals, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Two Hundred Fifty Thousand Dollars ($75,000.00250,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Scholar Rock Holding Corp)

Facility Fee. A fully earned, non-refundable non‑refundable facility fee of Seventy Five Seven Hundred Fifty Thousand Dollars ($75,000.00750,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Puma Biotechnology, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Seventy-Five Thousand Dollars ($75,000.0075,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable Percentages, which Facility Fee, to the extent not previously paid, shall be deducted from the initial Credit Extension on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (SafeStitch Medical, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Ninety Seven Thousand Five Thousand Hundred Dollars ($75,000.0097,500.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DatePercentages;

Appears in 1 contract

Samples: Loan and Security Agreement (Tranzyme Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DatePercentages, receipt of which Collateral Agent hereby acknowledges;

Appears in 1 contract

Samples: Loan and Security Agreement (Avanir Pharmaceuticals, Inc.)

Facility Fee. A fully earned, non-refundable non‑refundable facility fee of Seventy Five Fifty Thousand Dollars ($75,000.0050,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages and shall be payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Inhibrx, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Fifty Thousand Dollars ($75,000.00150,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date. Collateral Agent acknowledges that Borrower has already paid such facility fee prior to the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Cerus Corp)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Eighty-Five Thousand Dollars ($75,000.0085,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable Percentages, which fee shall be paid on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Tetraphase Pharmaceuticals Inc)

Facility Fee. A fully earned, non-refundable facility fee of Two Hundred Seventy Five Thousand Dollars ($75,000.00275,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DatePercentages, receipt of which Collateral Agent hereby acknowledges;

Appears in 1 contract

Samples: Loan and Security Agreement (Pacira Pharmaceuticals, Inc.)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five Two Hundred Fifty Thousand Dollars ($75,000.00250,000) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective DateDate (receipt of Forty Thousand Dollars ($40,000) of which Collateral Agent hereby acknowledges);

Appears in 1 contract

Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

Facility Fee. A fully earned, non-refundable facility fee of Seventy Five One Hundred Thousand Dollars ($75,000.00100,000.00) to be shared between the Lenders pursuant to their respective Commitment Percentages payable on the Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Mabvax Therapeutics Holdings, Inc.)

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