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Common use of First Borrowing Clause in Contracts

First Borrowing. The first Borrowing shall have occurred.

Appears in 4 contracts

Sources: Term Loan Agreement (Biodelivery Sciences International Inc), Term Loan Agreement (Biodelivery Sciences International Inc), Term Loan Agreement (Omeros Corp)

First Borrowing. The first First Borrowing shall have occurred.

Appears in 1 contract

Sources: Term Loan Agreement (EyePoint Pharmaceuticals, Inc.)

Related Clauses

  • Borrowing
  • Proposed Borrowing
  • Procedure for Revolving Credit Borrowing
  • Initial Borrowing
  • Revolving Credit Borrowings

Parent Clauses

  • CONDITIONS OF LENDING
  • CONDITIONS OF CREDIT EVENTS
  • Conditions Precedent
  • Defined Terms
  • CONDITIONS TO BORROWINGS

Sub-Clauses

  • Messrs
  • Insurance
  • Financial Statements
  • Opinions of Counsel
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