Common use of LIBOR Advances Clause in Contracts

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 16 contracts

Samples: Loan and Security Agreement (Roku, Inc), Loan and Security Agreement (Concurrent Computer Corp/De), Loan and Security Agreement (Websidestory Inc)

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LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.5(a) hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 9 contracts

Samples: Loan and Security Agreement (Millennial Media Inc.), Loan and Security Agreement (Marin Software Inc), Loan and Security Agreement (Intersections Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.4(a) hereunder. Subject to Sections 3.6 3.5 and 3.73.6, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 5 contracts

Samples: Loan and Security Agreement (Electro Scientific Industries Inc), Loan and Security Agreement (Xactly Corp), Loan and Security Agreement (Planar Systems Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 3.5 and 3.73.6, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 4 contracts

Samples: Loan and Security Agreement (Tenable Holdings, Inc.), Loan and Security Agreement (Aviat Networks, Inc.), Loan and Security Agreement (Magnite, Inc.)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.5(a) hereunder. Subject to Sections 3.6 3.5 and 3.73.6, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 4 contracts

Samples: Loan and Security Agreement (Equinix Inc), Loan and Security Agreement (Stratex Networks Inc), Loan and Security Agreement (Equinix Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) 3.6 hereunder. Subject to Sections 3.6 3.5 and 3.73.6, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 2 contracts

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

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) 3.5 hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 2 contracts

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

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.7(a) hereunder. Subject to Sections 3.6 3.7 and 3.73.8, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 2 contracts

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

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a5(a) hereunderof the LIBOR Supplement. Subject to Sections 3.6 5 and 3.76 of the LIBOR Supplement, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 2 contracts

Samples: Loan and Security Agreement (Evergreen Solar Inc), Loan and Security Agreement (Satcon Technology Corp)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder). Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance. Debit of Accounts. Bank may debit any of Borrower’s deposit accounts, including the Designated Deposit Account, for principal and interest payments or any other amounts Borrower owes Bank when due. These debits shall not constitute a set-off.

Appears in 1 contract

Samples: Loan Agreement (Harmonic Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.4(a) hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

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

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 3.6(a) and 3.7, such rate shall apply during the entire Revolving Loan Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Revolving Loan Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

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

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.3(a) hereunder. Subject to Sections 3.6 3.3 and 3.73.4, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Quicklogic Corporation)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.7(a) hereunder. Subject to Sections 3.6 and 3.7through 3.8, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Proofpoint Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.5, 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

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

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.5(a) hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance. The LIBOR Rate Margin applicable to LIBOR Advances shall be determined by Bank on the basis of Borrowers’ Net Cash in accordance with the terms hereof.

Appears in 1 contract

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

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LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 3.5 and 3.73.6, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance. The LIBOR Rate Margin applicable to LIBOR Advances shall be determined on the basis of Borrower’s most recent quarterly Average Daily Usage, as determined by Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Appian Corp)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder1.10(a). Subject to Sections 3.6 1.9 and 3.71.10, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Outbrain Inc.)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.3(a) hereunder. Subject to Sections 3.6 3.3 and 3.73.4, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Quicklogic Corporation)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 3.5(d), 3.6(e), and 3.73.7(c), such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Rosetta Stone Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a5(a) hereunderof the LIBOR Supplement. Subject to Sections 3.6 5 and 3.76 of the LIBOR Supplement, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.” and inserting the following in lieu thereof:

Appears in 1 contract

Samples: Fifth Loan Modification Agreement (Satcon Technology Corp)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a3.5(a) hereunder. Subject to Sections 3.6 and 3.73.7 of the Loan Agreement as amended by Amendment No. 1, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Pixelworks, Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.” 4 The Loan Agreement shall be amended by deleting Section 2.4(d) in its entirety and inserting in lieu thereof the following:

Appears in 1 contract

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

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(aSECTION 3.5(a) hereunder. Subject to Sections 3.6 SECTIONS 3.5 and 3.73.6, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Stratex Networks Inc)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunderthe provisions hereof. Subject to Sections the provisions set forth in Section 3.6 and 3.73.7 hereof, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Loan Agreement (I Flow Corp /De/)

LIBOR Advances. The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 3.5 and 3.73.6, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and accrued interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Lantronix Inc)

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