Common use of Good Faith Deposit Clause in Contracts

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 6 contracts

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

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Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) 10,000 (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.

Appears in 4 contracts

Samples: Loan and Security Agreement (Document Sciences Corp), Loan and Security Agreement (Entropic Communications Inc), Loan and Security Agreement (Entropic Communications Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $20,000.00 to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 4 contracts

Samples: Accounts Receivable Financing Agreement (Navisite Inc), Loan Modification Agreement (Greenfield Online Inc), Loan Modification Agreement (Greenfield Online Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Ten Thousand Dollars ($20,00010,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to towards the Facility Revolving Line Commitment Fee and/or the Growth Capital Line Commitment Fee.;

Appears in 3 contracts

Samples: Loan Modification Agreement (Acacia Communications, Inc.), Loan Modification Agreement (Acacia Communications, Inc.), Loan Modification Agreement (Acacia Communications, Inc.)

Good Faith Deposit. Borrower has paid to Bank a fully earned good faith deposit of Twenty Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses on the Effective Date will be applied to the Facility Commitment Fee.

Appears in 3 contracts

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

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any Bank shall apply the Good Faith Deposit to the Bank Expenses and shall apply any remaining portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.;

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the "Good Faith Deposit”) "), to initiate Bank’s 's due diligence review process. Any portion of the The Good Faith Deposit not shall be utilized to pay Bank Expenses will be applied to and, if any amount remains thereafter, the Facility Fee.facility fee described in clause (a) of this Section 2.5; and

Appears in 2 contracts

Samples: Loan and Security Agreement (908 Devices Inc.), Loan and Security Agreement (908 Devices Inc.)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses Expenses, accrued on or before the Effective Date, will be applied to the Facility Term Loan Commitment Fee.; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Apigee Corp), Loan and Security Agreement (Apigee Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Ten Thousand Dollars ($20,00010,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of , which amount shall be applied to Bank Expenses, provided that, in the event the Good Faith Deposit not utilized to pay exceeds Bank Expenses incurred through the Effective Date, the remaining amount will be applied credited to the Facility Fee.Designated Deposit Account; and

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Seven Thousand Five Hundred Dollars ($20,0007,500) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility FeeBank Expenses on the Effective Date.

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will shall be applied to the Facility Fee.

Appears in 2 contracts

Samples: Loan Modification Agreement (Cyoptics Inc), First Loan Modification Agreement (Cyoptics Inc)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Forty Thousand Dollars ($20,00040,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses Expenses, accrued on or before the Effective Date, will be applied to the Facility Commitment Fee.;

Appears in 2 contracts

Samples: Loan and Security Agreement (eASIC Corp), Loan and Security Agreement (eASIC Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will on the Effective Date shall be applied to deposited in the Facility FeeDesignated Deposit Account.

Appears in 2 contracts

Samples: Loan and Security Agreement (Livongo Health, Inc.), Loan and Security Agreement (Livongo Health, Inc.)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will , which deposit shall be applied to the Facility Fee.commitment fee on the Effective Date;

Appears in 2 contracts

Samples: Loan and Security Agreement (Adaptive Insights Inc), Loan and Security Agreement (Adaptive Insights Inc)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses Expenses, accrued on or before the Effective Date, will be applied to the Facility Commitment Fee.; and

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) 25,000 (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will on the Closing Date shall be applied returned to Borrower; provided that Borrower shall be required to satisfy in full the Facility FeeBank Expenses notwithstanding the amount of the Good Faith Deposit.

Appears in 2 contracts

Samples: Loan and Security Agreement (Max International Inc), Loan and Security Agreement (Max International Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Ten Thousand Dollars ($20,00010,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not utilized to pay shall be credited against the amounts owing by the Borrower in respect of Bank Expenses will be applied to and any other amounts owing by the Facility Fee.Borrower under this Agreement;

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Corium International, Inc.), Loan and Security Agreement (Corium International, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the , which Good Faith Deposit not utilized to pay net of Bank Expenses will be applied to the Facility Feecommitment fee referenced in Section 2.4(a) herein on the Effective Date.

Appears in 2 contracts

Samples: Senior Loan and Security Agreement (Mavenir Systems Inc), Senior Loan and Security Agreement (Mavenir Systems Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Ten Thousand Dollars ($20,00010,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Revolving Line Commitment Fee and the Growth Capital Commitment Fee.;

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000.00) (the "Good Faith Deposit") to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will shall be applied to the Facility Feecommitment fee set forth in Section 2.4(a).

Appears in 2 contracts

Samples: Loan and Security Agreement (Quantenna Communications Inc), Loan and Security Agreement (Quantenna Communications Inc)

Good Faith Deposit. Borrower has paid to Bank a fully earned good faith deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.;

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $2,000 to initiate Bank’s Banks due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 2 contracts

Samples: Accounts Receivable Financing Agreement (Timeline Inc), Accounts Receivable Financing Agreement (Corvu Corp)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000.00) (the “Good Faith Deposit”) to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will shall be applied to the Facility Feecommitment fee set forth in Section 2.3(a).

Appears in 2 contracts

Samples: Mezzanine Loan and Security Agreement (Quantenna Communications Inc), Mezzanine Loan and Security Agreement (Quantenna Communications Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Ten Thousand Dollars ($20,00010,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied returned to the Facility Fee.Borrower;

Appears in 2 contracts

Samples: Loan and Security Agreement (Avidity Biosciences, Inc.), Loan and Security Agreement (Avidity Biosciences, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Ten Thousand Dollars ($20,00010,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Feecommitment fee set forth in Section 2.3(a) above.

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Fifty Thousand Dollars ($20,00050,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 2 contracts

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 2 contracts

Samples: Loan and Security Agreement (INFOSONICS Corp), Loan and Security Agreement (Mobivity Holdings Corp.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Fifteen Thousand Dollars ($20,00015,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 2 contracts

Samples: Loan and Security Agreement (Audience Inc), Loan and Security Agreement (Plug Power Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $5,000.00 to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses up to and including the date hereof will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (E Sync Networks Inc)

Good Faith Deposit. Borrower has paid agrees to pay to Bank a deposit Good Faith Deposit of Twenty Thousand Dollars ($20,000) 25,000 (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion The Good Faith Deposit is refundable if the transactions contemplated hereunder are not approved by Bank, which approval is in the sole discretion of Bank. Otherwise, the Good Faith Deposit not utilized to pay Bank Expenses will shall be applied to the Facility Feepay any Bank Expenses incurred by Bank in connection with this Modification.

Appears in 1 contract

Samples: Loan Modification Agreement (Exelixis Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Thousand Dollars ($20,000) 5,000 (the "Good Faith Deposit") to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Viking Systems Inc)

Good Faith Deposit. Borrower has paid to Bank a fully earned good faith deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.;

Appears in 1 contract

Samples: Loan and Security Agreement (Ooma Inc)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Ten Thousand Dollars ($20,00010,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the , which Good Faith Deposit not utilized to pay net of Bank Expenses will be applied credited to the Facility FeeOriginal Final Payment by Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Fate Therapeutics Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $10,000.00 to initiate Bank’s Banks due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Fischer Imaging Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thirty Thousand Dollars ($20,000) (the “Good Faith Deposit”30,000) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will , which amount shall be applied to the Facility Fee.Commitment Fee on the Effective Date; and

Appears in 1 contract

Samples: Loan and Security Agreement (Intersect ENT, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Socket Mobile, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Fifty Thousand Dollars ($20,00050,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Technest Holdings Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Five Thousand Dollars ($20,00025,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Working Capital Line Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Everyday Health, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied paid to the Facility FeeBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Castlight Health, Inc.)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.;

Appears in 1 contract

Samples: Loan and Security Agreement (Motricity Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses on the Effective Date will be applied to the Facility Fee.deposited into Borrower’s Designated Deposit Account; (b)

Appears in 1 contract

Samples: Loan and Security Agreement (Alpine Immune Sciences, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses on the Effective Date will be applied to the Facility Fee.deposited into Borrower’s Designated Deposit Account;

Appears in 1 contract

Samples: Loan and Security Agreement (Alpine Immune Sciences, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Eight Thousand Dollars ($20,0008,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility FeeFee on the Effective Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Aehr Test Systems)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $3,000.00 to initiate Bank’s Banks due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Micro Component Technology Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thirty Thousand Dollars ($20,00030,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses Expenses, if any, will be applied to and reduce the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Wix.com Ltd.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility FeeLoan Fees.

Appears in 1 contract

Samples: Loan and Security Agreement (Similarweb Ltd.)

Good Faith Deposit. Borrower has paid to Bank prior the Effective Date, a good faith deposit of Twenty Five Thousand Dollars ($20,0005,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review processreview. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will shall be applied to toward the Facility Commitment Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Numerex Corp /Pa/)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thirty Thousand Dollars ($20,00030,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Beamr Imaging Ltd.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will shall be applied refunded to the Facility FeeBorrower.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of ; on the Effective Date, Bank will refund to Borrower the Good Faith Deposit not utilized to pay Deposit, less the Loan Fee and any Bank Expenses will be applied to incurred through the Facility Fee.Effective Date; and

Appears in 1 contract

Samples: Loan and Security Agreement (OncoCyte Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will on the Effective Date shall be applied to deposited into the Facility Fee.Designated Deposit Account;

Appears in 1 contract

Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Five Thousand Four Hundred Dollars ($20,0005,400.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not utilized to pay Bank Expenses will be applied to the portion of the Facility FeeFee which is due upon the execution of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Braintech Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thirty Thousand Dollars ($20,00030,000.00) (the “Good Faith Deposit”) ), to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not shall be utilized to pay Bank Expenses will be applied to the Facility Fee.Expenses; and

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a fully-earned good faith deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.;

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thirty Thousand Dollars ($20,000) (the “Good Faith Deposit”30,000) to initiate Bank’s due diligence review process. Any portion , which amount shall be applied towards the Commitment Fee and payment of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to on the Facility FeeEffective Date.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $5,000 to initiate Bank’s Banks due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Syntellect Inc)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Fifteen Thousand Dollars ($20,000) (the “Good Faith Deposit”15,000) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will , which amount shall be applied to Bank Expenses on the Facility Fee.Effective Date; and

Appears in 1 contract

Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will , which amount shall be applied to the Facility Fee.Commitment Fee on the Effective Date; and

Appears in 1 contract

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

Good Faith Deposit. Prior to the Effective Date, Borrower has paid to Bank a deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses on the Effective Date will be applied to the Facility Commitment Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Calix, Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses on the Effective Date will be applied to deposited into the Facility Fee.Designated Deposit Account;

Appears in 1 contract

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

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Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Ten Thousand Dollars ($20,00010,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $7,000 to initiate Bank’s Banks due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Interwave Communications International LTD)

Good Faith Deposit. Bank acknowledges that Borrower has paid to Bank a non-refundable good faith deposit in the amount of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Term Loan Commitment Fee.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thirty Five Thousand Dollars ($20,00035,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses through the Effective Date will be applied to the Facility Fee.deposited into Borrower’s Designated Deposit Account;

Appears in 1 contract

Samples: Loan and Security Agreement (Codex DNA, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Five Thousand Dollars ($20,0005,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the initial Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Telecom & Technology, Inc.)

Good Faith Deposit. Borrower has Borrowers have paid to Bank a deposit of Twenty Thousand Dollars ($20,000) 15,000 (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (MRV Communications Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Urologix Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Fifty Thousand Dollars ($20,00050,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses through the Effective Date will be applied to the Facility Commitment Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (NanoString Technologies Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Thousand Dollars ($20,000) 15,000 (the "Good Faith Deposit") to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Peerless Systems Corp)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $5,000.00 to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Loudeye Corp)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Five Thousand Dollars ($20,000) (the “Good Faith Deposit”5,000.00) to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Internet Commerce Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will on the Closing Date shall be applied returned to Borrower; provided that Borrower shall be required to satisfy in full the Facility FeeBank Expenses notwithstanding the amount of the Good Faith Deposit.

Appears in 1 contract

Samples: Loan and Security Agreement (Thayer Ventures Acquisition Corp)

Good Faith Deposit. Borrower has Borrowers have paid to Bank a deposit Good Faith Deposit of Twenty Thousand Dollars ($20,00020,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Silicon Valley Bank Loan and Security Agreement (Global Telecom & Technology, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thirty Thousand Dollars ($20,00030,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied paid to the Facility FeeBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Castlight Health, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $25,000.00 to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Mercator Software Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Ten Thousand Dollars ($20,00010,000.00) (the "Good Faith Deposit") to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will Expenses, shall be applied to towards the Facility Commitment Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Voxware Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Thousand Dollars ($20,000) 15,000 (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Silicon Valley Bank Loan and Security Agreement (Strasbaugh)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Fifty Thousand Dollars ($20,00050,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the , which Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility FeeBank Expenses on the 2014 Effective Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Numerex Corp /Pa/)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $10,000 to initiate Bank’s Banks due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses, will be applied on a pro rata basis to the Facility Fee, above.

Appears in 1 contract

Samples: Loan and Security Agreement (Alteon Websystems Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Fourteen Thousand Six Hundred Dollars ($20,00014,600.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.portion of the Commitment Fee which is due upon execution of this Agreement; and

Appears in 1 contract

Samples: Loan and Security Agreement (Braintech Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Ten Thousand Dollars ($20,00010,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review processprocess and to pay Bank Expenses. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will , which amount shall be applied to the Facility Fee.Bank Expenses; and

Appears in 1 contract

Samples: Loan and Security Agreement (Singular Genomics Systems, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Twenty-Five Thousand Dollars ($20,00025,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses through the Effective Date will be applied to the Facility Amendment Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (NanoString Technologies Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) 10,000 (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of On the Effective Date the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Banks.com, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) 10,000 (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the The Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility FeeFee on the Effective Date.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review processprocess and to pay Bank Expenses. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Fee.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Ten Thousand Dollars ($20,00010,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will , which amount shall be applied to the Facility Fee.Bank Expenses on the Effective Date, with any remaining amount to be refunded to Borrower; and

Appears in 1 contract

Samples: Loan and Security Agreement (aTYR PHARMA INC)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will , which amount shall be applied to Bank Expenses on the Facility FeeEffective Date with any remaining amount to be refunded to Borrower.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) Deposit of $10,000.00 to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Exchange Applications Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Forty Thousand Dollars ($20,00040,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied returned to the Facility Fee.Borrower;

Appears in 1 contract

Samples: Loan and Security Agreement (Ariosa Diagnostics, Inc.)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Ten Thousand Dollars ($20,00010,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the , which Good Faith Deposit not utilized shall be applied first to pay Bank Expenses will be amounts owing under Section 2.4(b) incurred through the Effective Date and any remainder being applied to the Facility Fee.fee payable under Section 2.4(a) above;

Appears in 1 contract

Samples: Loan and Security Agreement (Amber Road, Inc.)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Fifteen Thousand Dollars ($20,000) (the “Good Faith Deposit”15,000.00) to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Arbinet Thexchange Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thousand Dollars ($20,000) 15,000 (the "Good Faith Deposit") to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Commitment Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (I/Omagic Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thirty-Five Thousand Dollars ($20,00035,000.00) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the , which Good Faith Deposit not utilized to pay net of Bank Expenses will be applied to the Facility Feeabove-described Commitment Fee on the Effective Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunshine Heart, Inc.)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Thousand Dollars ($20,000) (the “Good Faith Deposit”) 15,000.00 to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit good faith deposit not utilized to pay Bank Expenses expenses will be applied to the Facility Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Art Technology Group Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit Good Faith Deposit of Twenty Fifteen Thousand Dollars ($20,00015,000.00) (the "Good Faith Deposit") to initiate Bank’s 's due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility FeeLoan Fees.

Appears in 1 contract

Samples: Loan and Security Agreement (A123 Systems Inc)

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Thirty Seven Thousand Five Hundred Dollars ($20,00037,500) (the “Good Faith Deposit”) ), to initiate the Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses incurred through the Effective Date will be applied to the Facility FeeRevolving Line commitment fee.

Appears in 1 contract

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

Good Faith Deposit. Borrower has paid to Bank a deposit of Twenty Fifteen Thousand Dollars ($20,00015,000) (the “Good Faith Deposit”) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay Bank Expenses will be applied to the Facility Feeportion of the Commitment Fee due on the Effective Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Good Faith Deposit. Borrower has paid to Bank a good faith deposit of Twenty Ten Thousand Dollars ($20,000) (the “Good Faith Deposit”10,000) to initiate Bank’s due diligence review process. Any portion of the Good Faith Deposit not utilized to pay , which deposit shall be applied towards Bank Expenses will be applied to on the Facility Fee.Effective Date; and

Appears in 1 contract

Samples: Loan and Security Agreement (Threshold Pharmaceuticals Inc)

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