Litigation Reports. Prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, Two Hundred Fifty Thousand Dollars ($250,000.00) or more; and
Appears in 3 contracts
Sources: Loan and Security Agreement (Vericel Corp), Loan and Security Agreement (Vericel Corp), Loan and Security Agreement (Xtant Medical Holdings, Inc.)