Lenders’ Expenses. Any amounts paid by Lenders as provided herein are Lenders Expenses and are immediately due and payable and shall bear interest at the then applicable rate and be secured by the Collateral. No payments by Lenders shall be deemed an agreement to make similar payments in the future or Lenders’ waiver of any Event of Default.
Appears in 4 contracts
Samples: Loan and Security Agreement (Cadence Pharmaceuticals Inc), Loan and Security Agreement (TorreyPines Therapeutics, Inc.), Loan and Security Agreement (Cadence Pharmaceuticals Inc)
Lenders’ Expenses. Any amounts paid by Lenders as provided herein are Lenders shall constitute Lenders' Expenses and are immediately due and payable payable, and shall bear interest at the then applicable rate hereunder and be secured by the Collateral. No payments by Lenders shall be deemed an agreement to make similar payments in the future or Agent's and Lenders’ ' waiver of any Event of Default.
Appears in 4 contracts
Samples: Term Loan and Security Agreement (A123 Systems Inc), Loan Modification Agreement (A123 Systems, Inc.), Loan Modification Agreement (A123 Systems, Inc.)
Lenders’ Expenses. Any amounts paid by Lenders as provided herein are Lenders shall constitute Lenders’ Expenses and are immediately due and payable payable, and shall bear interest at the then applicable rate hereunder and be secured by the Collateral. No payments by Lenders shall be deemed an agreement to make similar payments in the future or Agent’s and Lenders’ waiver of any Event of Default.
Appears in 3 contracts
Samples: Term Loan and Security Agreement (Cavium Networks), Term Loan and Security Agreement (Intarcia Therapeutics, Inc), Loan Modification Agreement (A123 Systems, Inc.)
Lenders’ Expenses. Any amounts paid by Lenders as provided herein are Lenders Expenses and are immediately due and payable and shall bear interest at the then applicable rate and be secured by the Collateral. No payments by Lenders shall be deemed an agreement to make similar payments in the future or Lenders’ ' waiver of any Event of Default.
Appears in 1 contract
Samples: Loan and Security Agreement (SGX Pharmaceuticals, Inc.)
Lenders’ Expenses. Any amounts paid by Lenders as provided herein are Lenders Lenders’ Expenses and are immediately due and payable upon notice to Borrower and shall bear interest at the then applicable rate and be secured by the Collateral. No payments by Lenders shall be deemed an agreement to make similar payments in the future or Agent’s and Lenders’ waiver of any Event of Default.
Appears in 1 contract
