Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, plus accrued and unpaid interest thereon, (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with the Term Loan.
Appears in 2 contracts
Sources: Loan and Security Agreement (Airgain Inc), Loan and Security Agreement (Airgain Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principalprincipal and accrued but unpaid interest, plus accrued and unpaid interest thereon, (ii) the Final Payment and Payment, plus (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection with the Term Loanpayable.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals Inc)
Mandatory Prepayment Upon an Acceleration. If the Existing Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principalprincipal under the Existing Term Loan Advance, plus accrued and unpaid interest thereoninterest, plus (ii) the Final Payment and Existing Term Loan Prepayment Premium, plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Basis Global Technologies, Inc.), Loan and Security Agreement (Basis Global Technologies, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, plus (ii) the Prepayment Premium, (iii) the Final Payment Payment, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Frequency Therapeutics, Inc.), Loan and Security Agreement (Trevi Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principalprincipal and accrued but unpaid interest, plus accrued and unpaid interest thereon, (ii) the Final Payment and Prepayment Fee, plus (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection with the Term Loanpayable.
Appears in 2 contracts
Sources: Loan and Security Agreement (Intermolecular Inc), Loan and Security Agreement (Intermolecular Inc)
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advance is accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection under the Loan Documents, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Blueprint Medicines Corp), Loan and Security Agreement (Blueprint Medicines Corp)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principalprincipal and accrued but unpaid interest, plus accrued and unpaid interest thereon, (ii) the Final Payment and (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection with the Term Loanpayable.
Appears in 2 contracts
Sources: Loan and Security Agreement (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advance, and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Lantronix Inc), Loan and Security Agreement (Lantronix Inc)
Mandatory Prepayment Upon an Acceleration. If the 2008 Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment Prepayment Fee, and (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tremor Video Inc.), Loan and Security Agreement (Tremor Video Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued accrued
1. and unpaid interest thereoninterest, and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tremor Video Inc.), Loan and Security Agreement (Tremor Video Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereon, (ii) with respect to the Final Payment Term Loan Advance and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tufin Software Technologies Ltd.), Loan and Security Agreement (Tufin Software Technologies Ltd.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and applicable Prepayment Premium (if any), plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Mezzanine Loan and Security Agreement (Ooma Inc), Mezzanine Loan and Security Agreement (Ooma Inc)
Mandatory Prepayment Upon an Acceleration. If the 2014 Term Loan Advance is accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection under the Loan Documents, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Blueprint Medicines Corp), Loan and Security Agreement (Blueprint Medicines Corp)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, plus (ii) the Prepayment Fee, (iii) the Final Payment Payment, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Pandion Therapeutics Holdco LLC), Loan and Security Agreement (Pandion Therapeutics Holdco LLC)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereon, with respect to the Term Loan Advance and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Contingent Convertible Debt Agreement (BigCommerce Holdings, Inc.), Contingent Convertible Debt Agreement (BigCommerce Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Payment, (iii) the Prepayment Premium, plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Selecta Biosciences Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereonunder the Term Loan Advances, (ii) the Final Payment Prepayment Premium, if any, and (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Loans are accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrower Borrowers shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principalprincipal with respect to the Term Loans, plus accrued and but unpaid interest thereoninterest, (ii) the Final Payment and (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection hereunder, including interest at the Default Rate and any late fee due with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Modification Agreement (Northern Star Acquisition Corp.)
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of 13035731v.1
(i) all outstanding principal, principal plus accrued and unpaid interest thereon, interest,
(ii) the Final Payment and Prepayment Premium, plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following after the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (iA) all outstanding principalprincipal with respect to the Term Loan Advances, plus accrued and but unpaid interest thereon(including interest at the default rate), plus (ii) the Final Payment and (iiiB) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection with the Term Loanhereunder.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advances, and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advances, including interest at the Default Rate with respect to any past due amounts.β
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, plus principal and accrued and unpaid interest thereonwith respect to the Term Loan, (ii) the Final Payment Prepayment Premium and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term Loan, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advances, (ii) the Final Payment Prepayment Fee and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (BigCommerce Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Prior Term Loan is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principalprincipal under the Prior Term Loan, plus accrued and unpaid interest thereoninterest, plus (ii) the Final Payment and Prepayment Premium, plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Payment, (iii) the Prepayment Premium plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereon, on the Term Loan and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Lender following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advance, and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Mezzanine Loan and Security Agreement (Lantronix Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, plus (ii) the Prepayment Fee, (iii) the Final Payment Payment, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Collegium Pharmaceutical, Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Prepayment Fee, if applicable, plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated by Bank pursuant to Section 9.1 following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection hereunder, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Ocata Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advance, and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including any Prepayment Fee then due and any interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (New Age Beverages Corp)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, plus (ii) the Prepayment Premium, as applicable, (iii) Final Payment Payment, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (KORU Medical Systems, Inc.)
Mandatory Prepayment Upon an Acceleration. If the 2014 Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Prepayment Premium, plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Payment, (iii) the Prepayment Premium, plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Apellis Pharmaceuticals, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advance, (ii) the Final Payment Prepayment Premium, if any, and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of of: (i) all outstanding principal, principal of the Credit Extensions plus accrued and unpaid interest thereon, plus (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including Lender Expenses or interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Bridge Loan and Security Agreement (PTC Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated by Lender following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advances, (ii) the Final Payment intentionally omitted, and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Mezzanine Loan and Security Agreement (BigCommerce Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Existing Term Loan is Advances are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Existing Term Loan Advances, and (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Existing Term LoanLoan Advances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Procore Technologies, Inc.)
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Prepayment Premium, plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advances, (ii) the Final Payment Prepayment Premium, if applicable, and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advance, (ii) the Final Payment Prepayment Fee and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereonunder the Term Loan Advances, (ii) the Final Payment Payment, and (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereon, plus (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with payable, including interest at the Term LoanDefault Rate applicable to any such sum.
Appears in 1 contract
Sources: Loan Agreement (Affimed N.V.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment Make-Whole Premium, and (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of DefaultDefault in accordance with Section 9.1, Borrower shall immediately pay to Bank an amount equal to the sum of (iA) all outstanding principal, due hereunder with respect to the Term Loan Advance, plus accrued and unpaid interest thereon, (iiB) the Prepayment Fee, if applicable, (C) the Final Payment Payment, and (iiiD) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advance, (ii) the Final Payment Term Loan Prepayment Premium and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, then Borrower shall will immediately pay to Bank an amount equal to the sum of (i) all outstanding principalprincipal and all accrued but unpaid interest, plus accrued including interest accruing at the Default Interest Rate, with respect to each Term Loan Advance to the date of such prepayment, and unpaid interest thereon, (ii) the Final Payment and (iii) all other sums, if any, that shall have become due and payable hereunder in connection with the Term Loanrespect to this Agreement.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment Prepayment Premium, and (iii) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Motus GI Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the Final Payment and Payment, (iii) the Prepayment Premium, plus (iv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of (iA) all outstanding principal, plus accrued and unpaid interest thereonwith respect to the Term Loan Advance through the date the prepayment is made, plus (iiB) all outstanding principal with respect to the Term Loan Advance, plus (C) the Final Payment and Payment, plus (iiiD) the Prepayment Fee, plus (E) all other sums, if any, that shall have become due and payable hereunder in connection with the Term LoanLoan Advance.
Appears in 1 contract
Sources: Loan and Security Agreement (Everspin Technologies Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance continuation of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereonwith respect to the Term Loan Advance, (ii) the Final Payment and with respect to the Term Loan Advance, plus (iii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Xenon Pharmaceuticals Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal, principal plus accrued and unpaid interest thereoninterest, (ii) the applicable Prepayment Premium, (iii) the Final Payment Payment, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder in connection payable, including interest at the Default Rate with the Term Loanrespect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Satsuma Pharmaceuticals, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal, plus accrued and unpaid interest thereon, (ii) the Final Payment and (iii) all other sums, if any, sums that shall have become due and payable hereunder in connection with the Term Loan.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of (iA) all outstanding principal, plus accrued and unpaid interest thereonwith respect to the Term Loan Advance through the date the prepayment is made, plus (iiB) all outstanding principal with respect to the Term Loan Advance, plus (C) the Final Payment and Payment, plus (iiiD) all other sums, if any, that shall have become due and payable hereunder in connection with the Term LoanLoan Advance.
Appears in 1 contract
Sources: Loan and Security Agreement (Everspin Technologies Inc)