Loan E Final Payment. Co-Borrowers shall pay to Lender a payment in the amount of $125,000 (the “Loan E Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan E, (B) an Event of Default and demand by Lender of payment in full of Loan E or (C) the Maturity Date applicable to Loan E, as applicable.
Appears in 1 contract
Sources: Venture Loan and Security Agreement (Pelthos Therapeutics Inc.)
Loan E Final Payment. To the extent Loan E is advanced by Lender, Co-Borrowers shall pay to Lender a payment in the amount of Two Hundred Fifty Thousand Dollars ($125,000 250,000) (the “Loan E Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan E, (B) an Event of Default and demand by Lender of payment in full of Loan E or (C) the Maturity Date applicable to Loan E, as applicable.
Appears in 1 contract
Sources: Venture Loan and Security Agreement (Castle Creek Biosciences, Inc.)