Restructure. Make any material change in Borrower’s financial structure or business operations (other than through the sale of preferred stock to equity investors which does not result in a change of control of Borrower); or suspend operation of Borrower’s business.
Appears in 8 contracts
Samples: Loan and Security Agreement (Kior Inc), Loan and Security Agreement (Gevo, Inc.), Loan and Security Agreement (SuccessFactors, Inc.)
Restructure. Make any material change in Borrower’s 's financial structure or business operations (other than through the sale of preferred stock to equity investors which does not result in a change of control of Borrowerinvestors); or suspend operation of Borrower’s 's business.
Appears in 3 contracts
Samples: Loan and Security Agreement (Anacor Pharmaceuticals Inc), Loan and Security Agreement (Anacor Pharmaceuticals Inc), Loan and Security Agreement (Anacor Pharmaceuticals Inc)
Restructure. Make any material change in Borrower’s financial structure or business operations operations; cause, permit, or suffer any material change in Borrower’s ownership (other than through the sale of preferred stock to equity investors which does not result or an event as set forth in a change clause (iv) of control the definition of BorrowerLiquidation Event); or suspend operation of Borrower’s business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Maxygen Inc), Loan and Security Agreement (Codexis Inc)
Restructure. Make any material change in Borrower’s financial structure or business operations (other than through the sale of preferred stock to equity investors which does not result in a change of control of BorrowerBorrower or through the sale of stock in an IPO or secondary public offering); cause a Liquidation Event; or suspend operation of Borrower’s business.
Appears in 2 contracts
Samples: Loan and Security Agreement (ARYx Therapeutics, Inc.), Loan and Security Agreement (ARYx Therapeutics, Inc.)
Restructure. Make any material change in Borrower’s financial structure or business operations (other than through the sale of preferred stock to equity investors which does not result results in a change of control of Borrower); cause a Liquidation Event; or suspend operation of Borrower’s business.
Appears in 1 contract
Samples: Loan and Security Agreement (Restore Medical, Inc.)
Restructure. Make any material change in Borrower’s financial structure or business operations (other than through the sale of preferred stock to equity investors which does not result in a change of control of Borrowerinvestors); or suspend operation of Borrower’s business.
Appears in 1 contract
Samples: Loan and Security Agreement (Foundation Medicine, Inc.)
Restructure. Make any material change in Borrower’s financial structure or business operations (other than through the sale of preferred or common stock to equity investors which does not result in a change of control of BorrowerBorrower or through the sale of stock in an IPO or secondary public offering); cause a liquidation event; or suspend operation of Borrower’s business.
Appears in 1 contract
Samples: Loan and Security Agreement (ARYx Therapeutics, Inc.)
