Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 9. The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 3 contracts
Samples: Preferred Stock Purchase Agreement (WhiteSmoke, Inc.), Preferred Stock Purchase Agreement (WhiteSmoke, Inc.), WhiteSmoke, Inc.
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises the Lender), at any time and from time to time, to apply any credit balance (whether or not then due) to which the Borrower is then entitled on any account with the Lender in (or towards) satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 911.4. The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 2 contracts
Samples: Intra Group Loan Agreement, Intra Group Loan Agreement (Albireo Pharma, Inc.)
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 9. The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 2 contracts
Samples: Agreement (Negevtech Ltd.), Agreement (Negevtech Ltd.)
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises authorizes the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is are then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 9. 10.4 The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 1 contract
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 910. The Lender shall give written notice to the Borrower of any such application promptly thereafter.. Execution Version
Appears in 1 contract
Samples: Agreement (Nabriva Therapeutics AG)
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises authorizes the Lender), at any time and from time to time, to apply any credit balance to which any of the Borrower is are then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the such Borrower to the Lender under and/or pursuant to this Clause 910. The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 1 contract
Samples: Agreement (Motus GI Holdings, Inc.)
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises authorizes the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is are then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 9. 10.4 The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 1 contract
Samples: Agreement (ReWalk Robotics Ltd.)
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises authorizes the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 9. The 10 and the Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 1 contract
Samples: Agreement (BioLineRx Ltd.)
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises authorizes the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 910.4. The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 1 contract
Samples: PolyPid Ltd.
Recovery of Overdue Fees. Without prejudice to any other provisions of this Loan Agreement, the Lender shall be entitled (and the Borrower hereby irrevocably authorises the Lender), at any time and from time to time, to apply any credit balance to which the Borrower is then entitled on any account with the Lender in satisfaction of the sum or sums from time to time owing by the Borrower to the Lender under and/or pursuant to this Clause 910. The Lender shall give written notice to the Borrower of any such application promptly thereafter.
Appears in 1 contract
Samples: Agreement (Horizon Pharma, Inc.)