Common use of Financial Covenants Clause in Contracts

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 22 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (AtriCure, Inc.), Loan and Security Agreement (Aerohive Networks, Inc)

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Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesbasis:

Appears in 16 contracts

Samples: Loan Modification Agreement, Loan Modification Agreement (Meru Networks Inc), Loan and Security Agreement (Lantronix Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrower:

Appears in 12 contracts

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

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 9 contracts

Samples: Loan and Security Agreement (Dot Hill Systems Corp), Loan and Security Agreement (NMS Communications Corp), Loan and Security Agreement (Genzyme Transgenics Corp)

Financial Covenants. Maintain at all times, to be tested and certified as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesbasis, unless otherwise noted:

Appears in 9 contracts

Samples: Note Purchase Agreement (Global Telecom & Technology, Inc.), Joinder and Second Loan Modification Agreement (Global Telecom & Technology, Inc.), Second Loan Modification Agreement (Global Telecom & Technology, Inc.)

Financial Covenants. Maintain at all times, to be tested as of the last day of each fiscal month, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrowers:

Appears in 8 contracts

Samples: Loan and Security Agreement (Advanced Photonix Inc), Loan and Security Agreement (Advanced Photonix Inc), Loan and Security Agreement (Advanced Photonix Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 7 contracts

Samples: Loan and Security Agreement (Relm Wireless Corp), Loan and Security Agreement (Solta Medical Inc), Loan and Security Agreement (Websidestory Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesquarter:

Appears in 7 contracts

Samples: Loan and Security Agreement (Caliper Life Sciences Inc), Second Loan Modification Agreement (Caliper Life Sciences Inc), Loan and Security Agreement (Caliper Life Sciences Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrower:

Appears in 6 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Cornerstone OnDemand Inc), Loan and Security Agreement (Splunk Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 6 contracts

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

Financial Covenants. Maintain Borrower and its Subsidiaries shall maintain at all times, to be tested as of the last day of each monthquarter, on a consolidated basis, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 4 contracts

Samples: Loan and Security Agreement (GAIN Capital Holdings, Inc.), Fifth Loan Modification Agreement (GAIN Capital Holdings, Inc.), Loan and Security Agreement (GAIN Capital Holdings, Inc.)

Financial Covenants. Maintain Borrowers shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrowers:

Appears in 4 contracts

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

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated consolidating basis with respect to Borrower and its Subsidiaries:

Appears in 4 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Marin Software Inc), Loan and Security Agreement (Marin Software Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each monthfiscal quarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 3 contracts

Samples: Loan and Security Agreement (ExactTarget, Inc.), Fourth Loan Modification Agreement (ExactTarget, Inc.), First Loan Modification Agreement (ExactTarget, Inc.)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to US Borrower and its SubsidiariesUK Borrower:

Appears in 3 contracts

Samples: Loan and Security Agreement (Airspan Networks Inc), Loan and Security Agreement (Airspan Networks Inc), Loan and Security Agreement (Airspan Networks Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 3 contracts

Samples: Loan and Security Agreement (Motive Inc), Loan and Security Agreement (Intellon Corp), Loan and Security Agreement (Intellon Corp)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries, unless otherwise noted:

Appears in 2 contracts

Samples: Loan Modification Agreement, Second Loan Modification Agreement (Medidata Solutions, Inc.)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries, unless otherwise indicated:

Appears in 2 contracts

Samples: Loan and Security Agreement (XRS Corp), Loan and Security Agreement (Xata Corp /Mn/)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, month (unless otherwise noted), on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 2 contracts

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

Financial Covenants. Maintain After the occurrence of the Equity Event, Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise notednoted (all calculations shall be computed with respect to the Borrower only, and not on a consolidated basis with respect to Borrower and its Subsidiaries:basis):

Appears in 2 contracts

Samples: Loan Modification Agreement (Tremor Video Inc.), Loan Modification Agreement (Tremor Video Inc.)

Financial Covenants. Maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated consolidating basis with respect to Borrower and its Subsidiaries:

Appears in 2 contracts

Samples: Loan and Security Agreement (Marin Software Inc), Loan and Security Agreement (Marin Software Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, month on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 2 contracts

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

Financial Covenants. Maintain at all timestimes the following covenants, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 2 contracts

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

Financial Covenants. Maintain at all timesBorrower shall maintain, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 2 contracts

Samples: Loan and Security Agreement (Solta Medical Inc), Loan and Security Agreement (Solta Medical Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, month unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 2 contracts

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

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 2 contracts

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

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesbasis, the following:

Appears in 2 contracts

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

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated consolidating basis with respect to Borrower Borrowers and its their Subsidiaries:

Appears in 2 contracts

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

Financial Covenants. Maintain Borrower shall maintain, at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesbasis:

Appears in 2 contracts

Samples: First Loan Modification Agreement (Spire Corp), Loan and Security Agreement (Spire Corp)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, fiscal quarter on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp)

Financial Covenants. Maintain Borrower shall maintain, at all times, times to be tested tested, as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Endologix Inc /De/)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries, the following covenants:

Appears in 1 contract

Samples: Loan and Security Agreement (Interlink Electronics Inc)

Financial Covenants. Maintain Borrower shall maintain the following at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (EnteroMedics Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a non-consolidated basis with respect to Borrower and its Subsidiariesdetermined by Bank from Borrower’s unconsolidated balance sheet:

Appears in 1 contract

Samples: Second Loan Modification and Forbearance Agreement (Energy Focus, Inc/De)

Financial Covenants. Maintain Each Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

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

Financial Covenants. Maintain at all times, to be tested and certified as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:basis, unless otherwise noted: (a)

Appears in 1 contract

Samples: Loan Modification Agreement

Financial Covenants. Maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Millennial Media Inc.)

Financial Covenants. Maintain Borrower shall maintain the following financial condition at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Encision Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month/quarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrower:

Appears in 1 contract

Samples: Loan and Security Agreement (Research Solutions, Inc.)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrowers:

Appears in 1 contract

Samples: Loan and Security Agreement (Derycz Scientific Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthmonth (commencing with the month ending January 31, 2009), unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesbasis:

Appears in 1 contract

Samples: Loan and Security Agreement (Comarco Inc)

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Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower Borrowers and its their respective Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Overland Storage Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise notedtested, on a consolidated basis with respect to Borrower and its SubsidiariesBorrower, as of, as applicable, (i) the last day of each fiscal quarter when a Monthly Reporting Period does not apply, or (ii) the last day of each month if a Monthly Reporting Period applies:

Appears in 1 contract

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

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries, unless otherwise noted:

Appears in 1 contract

Samples: Loan and Security Agreement (Sonic Foundry Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrower:

Appears in 1 contract

Samples: Loan and Security Agreement (Proofpoint Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise notedfiscal quarter of Borrower, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan Agreement (Harmonic Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthmonth on a rolling three (3) month basis, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Globalscape Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Fifth Loan Modification Agreement (Imprivata Inc)

Financial Covenants. Maintain at all timesBorrower shall maintain, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Saba Software Inc)

Financial Covenants. Maintain Borrowers shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower Borrowers and its their Subsidiaries, without duplication:

Appears in 1 contract

Samples: Loan and Security Agreement (Healthaxis Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrower:

Appears in 1 contract

Samples: Loan and Security Agreement (Proofpoint Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated and consolidating basis with respect to Borrower Borrowers and its their Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Sequenom Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Global Med Technologies Inc)

Financial Covenants. Maintain at all timesBorrower shall maintain, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and all of its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Ikanos Communications, Inc.)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthmonth (commencing with the month ending July 31, 2010), unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesbasis:

Appears in 1 contract

Samples: Loan and Security Agreement (Comarco Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, month on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on the basis of Borrower only (and not on a consolidated basis with respect to Borrower and its Subsidiaries:basis):

Appears in 1 contract

Samples: Loan and Security Agreement (Isotis Inc)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:.

Appears in 1 contract

Samples: Loan and Security Agreement (Procera Networks Inc)

Financial Covenants. Maintain (a) Borrower shall maintain at all times, to be tested as of the last day of each month, month unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Engines, Inc.)

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Health Grades Inc)

Financial Covenants. Maintain at all timesMaintain, to be tested as of the last day of each monthquarter, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Axcelis Technologies Inc)

Financial Covenants. Maintain Borrowers shall maintain, at all times, to be tested tested, as of the last day of each month, unless otherwise notedquarter, on a consolidated basis with respect to Borrower Borrowers and its their Subsidiaries:

Appears in 1 contract

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

Financial Covenants. Maintain Borrower shall maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesbasis:

Appears in 1 contract

Samples: Loan Modification Agreement (Meru Networks Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to Borrower and its Subsidiariesat least one (1) of the following three (3) financial covenants:

Appears in 1 contract

Samples: Loan and Security Agreement (Dexcom Inc)

Financial Covenants. Maintain at all times, to be tested as of the last day of each month, fiscal quarter (unless otherwise noted, indicated) on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp)

Financial Covenants. Maintain The Borrower shall at all timestimes comply with the following financial covenants, to be tested as of the last day of each month, unless otherwise noted, on a consolidated basis with respect to (provided, however, that for purposes of calculating the covenants in paragraphs (a) and (b) below for the months of June 2009 and July 2009, Borrower “on a consolidated basis” shall exclude Intermediate and its Subsidiaries:Vericept):

Appears in 1 contract

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

Financial Covenants. Maintain at all times, to be tested as of the last day of each monthmonth or fiscal quarter, as applicable, unless otherwise noted, on a consolidated basis with respect to Borrower and its SubsidiariesBorrower:

Appears in 1 contract

Samples: Loan and Security Agreement (Extend Health Inc)

Financial Covenants. Maintain at all timesBorrower shall maintain, to be tested as of the last day of each monthmonth or quarter, unless otherwise notedas applicable, on a consolidated basis with respect to Borrower and its Subsidiaries:

Appears in 1 contract

Samples: Loan and Security Agreement (Centillium Communications Inc)

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