Common use of Term Loan Advances Clause in Contracts

Term Loan Advances. Subject to Section 2.3(b), the principal amount outstanding for each Term Loan Advance shall accrue interest at a floating per annum rate equal to three quarters of one percent (0.75%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(f) below.

Appears in 1 contract

Sources: Loan and Security Agreement (Yodle Inc)

Term Loan Advances. Subject to Section 2.3(b2.2(b), the principal amount outstanding for under each Term Loan Advance shall accrue interest at a floating per annum rate equal to three three-quarters of one percent percentage point (0.75%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(f) belowquarterly.

Appears in 1 contract

Sources: Loan Modification Agreement (Elron Electronic Industries LTD /Ny/)

Term Loan Advances. Subject to Section 2.3(b2.5(b), the principal amount outstanding for under each Term Loan Advance shall accrue interest at a floating per annum rate equal to three quarters of one percent (0.751.00%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(f2.5(d) below.

Appears in 1 contract

Sources: Loan and Security Agreement (Zuora Inc)

Term Loan Advances. Subject to Section 2.3(b), the principal amount outstanding for each Term Loan Advance shall accrue interest at a floating fixed per annum rate equal to three quarters five and one half of one percent (0.755.50%) above the Prime Rate), which interest shall be payable monthly in accordance with Section 2.3(f2.3(e) below.

Appears in 1 contract

Sources: Loan and Security Agreement (Splunk Inc)

Term Loan Advances. Subject to Section 2.3(b2.4(b), the principal amount outstanding for under each Term Loan Advance shall accrue interest at a floating per annum rate equal to three quarters one-quarter of one percent (0.750.25%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(f2.4(d) below.

Appears in 1 contract

Sources: Loan and Security Agreement (BigCommerce Holdings, Inc.)

Term Loan Advances. Subject to Section 2.3(b), the principal amount outstanding for each Term Loan Advance shall accrue interest at a floating fixed per annum rate equal to three quarters eleven and one half of one percent (0.7511.50%) above the Prime Rate), which interest shall be payable monthly in accordance with Section 2.3(f2.3(c) below.

Appears in 1 contract

Sources: Mezzanine Loan and Security Agreement (MaxPoint Interactive, Inc.)

Term Loan Advances. Subject to Section 2.3(b), the principal amount outstanding for each Term Loan Advance shall accrue interest at a floating per annum rate fixed as of the Funding Date for such Term Loan Advance equal to three quarters the Prime Rate plus two and one-quarter of one percent (0.752.25%) above the Prime Rate), which interest shall be payable monthly in accordance with Section 2.3(f) belowmonthly.

Appears in 1 contract

Sources: Loan and Security Agreement (Ariosa Diagnostics, Inc.)

Term Loan Advances. Subject to Section 2.3(b2.5(b), the principal amount outstanding for under each Term Loan Advance shall accrue interest at a floating per annum rate equal to three quarters of one percent (0.75%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(f2.5(d) below.

Appears in 1 contract

Sources: Loan and Security Agreement (Icad Inc)

Term Loan Advances. Subject to Section 2.3(b), the principal amount outstanding for each Term Loan Advance shall accrue interest at a floating per annum rate fixed as of the Funding Date for such Term Loan Advance equal to three quarters the Prime Rate plus two and one-half of one percent (0.752.50%) above the Prime Rate), which interest shall be payable monthly in accordance with Section 2.3(f) belowmonthly.

Appears in 1 contract

Sources: Loan and Security Agreement (Ariosa Diagnostics, Inc.)