Common use of Termination; Repayment Clause in Contracts

Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.” 2 The Loan Agreement shall be amended by inserting the following new provision to appear as Section 2.1.4 (2015 Term Loan) thereof:

Appears in 2 contracts

Sources: Loan Modification Agreement (Aegerion Pharmaceuticals, Inc.), Loan Modification Agreement (Aegerion Pharmaceuticals, Inc.)

Termination; Repayment. The Revolving Line terminates on the earlier of (i) the Prepayment Date, or (ii) the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.” 2 5. The Loan Agreement shall be amended by inserting the following new provision clause (c) is hereby added to appear as Section 2.1.4 2.2.1 (2015 Term Loan) thereof:Revolving Advances):

Appears in 1 contract

Sources: Loan Modification Agreement (Ista Pharmaceuticals Inc)

Termination; Repayment. The 2016 Revolving Line terminates on the 2016 Revolving Line Maturity Date, when the principal amount of all 2016 Advances, the unpaid interest thereon, and all other Obligations relating to the 2016 Revolving Line shall be immediately due and payable.” 2 The 2The Loan Agreement shall be amended by inserting deleting the following new provision to appear as Section 2.1.4 2.3(a)(i) (2015 Term Loan“Advances”) thereof, in its entirety:

Appears in 1 contract

Sources: Loan Modification Agreement (Control4 Corp)

Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable. Notwithstanding the foregoing, Borrower shall have the right to terminate the Revolving Line upon three (3) Business Days’ written notice to Bank so long as all Obligations have been paid in full and Borrower has complied with Section 2.1.2(b) with regard to all Letters of Credit.” 2 The Loan Agreement shall be amended by inserting the following new provision to appear as Section 2.1.4 (2015 Term Loan) thereof:

Appears in 1 contract

Sources: Loan and Security Agreement (Millennial Media Inc.)

Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, thereon and all other Obligations relating to the Revolving Line shall be immediately due and payable.” 2 The Loan Agreement . Notwithstanding the foregoing, at any time when Co-Borrowers are not Streamline Facility Eligible, all collections through the lockbox in accordance with Section 6.3(c) hereof shall be amended by inserting applied to reduce the following new provision to appear as Section 2.1.4 (2015 Term Loan) thereof:outstanding Obligations under the Revolving Line.

Appears in 1 contract

Sources: Loan and Security Agreement (Ulthera Inc)