{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "agrees-to", "type": "clause", "offset": [169, 178]}, {"key": "to-borrower", "type": "definition", "offset": [184, 195]}, {"key": "prior-to-the", "type": "clause", "offset": [196, 208]}, {"key": "commitment-termination-date", "type": "definition", "offset": [209, 236]}, {"key": "the-loan", "type": "clause", "offset": [238, 246]}], "size": 10, "snippet": "Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Lender agrees to lend to Borrower prior to the Commitment Termination Date, the Loan in the amount of the Commitment Amount.", "samples": [{"hash": "8VwYUM6j3vw", "uri": "/contracts/8VwYUM6j3vw#the-commitment-amount", "label": "Venture Loan and Security Agreement", "score": 29.340862423, "published": true}, {"hash": "3cAlQnmj58s", "uri": "/contracts/3cAlQnmj58s#the-commitment-amount", "label": "Venture Loan and Security Agreement (Tengion Inc)", "score": 21.2019164956, "published": true}, {"hash": "4Pp065W94gh", "uri": "/contracts/4Pp065W94gh#the-commitment-amount", "label": "Venture Loan and Security Agreement (Tengion Inc)", "score": 19.205338809, "published": true}], "hash": "511cfb652a97a7d22eb93944d6de0f85", "id": 1}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "representations-and-warranties-of-borrower", "type": "clause", "offset": [75, 117]}, {"key": "the-lenders", "type": "clause", "offset": [136, 147]}, {"key": "in-accordance-with", "type": "definition", "offset": [182, 200]}, {"key": "each-lender", "type": "clause", "offset": [201, 212]}, {"key": "pro-rata-share", "type": "definition", "offset": [215, 229]}, {"key": "aggregate-commitment-amount", "type": "definition", "offset": [237, 264]}, {"key": "schedule-i", "type": "clause", "offset": [300, 310]}, {"key": "initial-advance", "type": "definition", "offset": [327, 342]}, {"key": "on-the-effective-date", "type": "clause", "offset": [343, 364]}, {"key": "subsequent-advances", "type": "definition", "offset": [511, 530]}, {"key": "minimum-aggregate-amount", "type": "definition", "offset": [537, 561]}, {"key": "aggregate-maximum-amount", "type": "definition", "offset": [712, 736]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [776, 805]}, {"key": "to-the-extent", "type": "clause", "offset": [807, 820]}, {"key": "request-notice-date", "type": "definition", "offset": [844, 863]}, {"key": "defined-in-section", "type": "clause", "offset": [868, 886]}, {"key": "the-company-has", "type": "definition", "offset": [898, 913]}, {"key": "registration-statement-on-form-s-1", "type": "clause", "offset": [942, 976]}, {"key": "the-securities-and-exchange-commission", "type": "clause", "offset": [1017, 1055]}, {"key": "public-offering-of-securities", "type": "clause", "offset": [1062, 1091]}, {"key": "the-non", "type": "clause", "offset": [1231, 1238]}, {"key": "participating-lenders", "type": "definition", "offset": [1239, 1260]}, {"key": "participate-in", "type": "definition", "offset": [1305, 1319]}, {"key": "in-the-event", "type": "clause", "offset": [1345, 1357]}, {"key": "sole-discretion", "type": "clause", "offset": [1472, 1487]}, {"key": "in-addition-to", "type": "clause", "offset": [1494, 1508]}, {"key": "equal-to", "type": "definition", "offset": [1556, 1564]}, {"key": "the-advances", "type": "clause", "offset": [1583, 1595]}, {"key": "lenders-not", "type": "clause", "offset": [1603, 1614]}, {"key": "based-on", "type": "clause", "offset": [1638, 1646]}], "size": 6, "snippet": "Subject to the terms and conditions of this Agreement and relying upon the representations and warranties of Borrower set forth herein, the Lenders agree, severally and not jointly, in accordance with each Lender\u2019s pro rata share of the aggregate Commitment Amount (\u201cPro Rata Share\u201d) as set forth on Schedule I, to make (i) an initial Advance on the Effective Date in an aggregate amount of $12,500,000 (the \u201cInitial Advance\u201d) in the amounts for each Lender set forth on Schedule I hereto, and (ii) one or more subsequent Advances, in a minimum aggregate amount of $500,000 for any such subsequent Advance (each, a \u201cSubsequent Advance\u201d), in accordance with each Lender\u2019s Pro Rata Share of such Advance, up to an aggregate maximum amount of Subsequent Advances of $37,500,000. Notwithstanding the foregoing, to the extent that as of any Funding Request Notice Date (as defined in Section 2.5 below) the Company has filed (and not withdrawn) a registration statement on Form S-1 (or any successor or similar form) with the Securities and Exchange Commission for a public offering of securities, the Company may at its discretion limit participation in the Subsequent Advances to the Lenders set forth on Schedule I-A. In such event, the non-participating Lenders shall be deemed to have waived any right to participate in such Subsequent Advance. In the event that participation in the Subsequent Advance is limited to the Lenders on Schedule I-A, such Lenders may in their sole discretion fund, in addition to their Pro Rata Share of the Advance, an amount equal to Pro Rata Share of the Advances of the Lenders not listed on Schedule I-A based on the Pro Rata Share of the Advance for each such Lender relative to the Pro Rata Share of the Advance for all the Lenders listed on Schedule I-A.", "samples": [{"hash": "hOD31MGZo7K", "uri": "/contracts/hOD31MGZo7K#the-commitment-amount", "label": "Subordinated Convertible Loan Facility and Security Agreement", "score": 31.340862423, "published": true}, {"hash": "kYZAD9I8wKt", "uri": "/contracts/kYZAD9I8wKt#the-commitment-amount", "label": "Subordinated Convertible Loan Facility and Security Agreement (Enphase Energy, Inc.)", "score": 22.7248459959, "published": true}, {"hash": "c5EQg2Ut9Iw", "uri": "/contracts/c5EQg2Ut9Iw#the-commitment-amount", "label": "Subordinated Convertible Loan Facility and Security Agreement (Enphase Energy, Inc.)", "score": 22.6427104723, "published": true}], "hash": "cc7419c337ba4371584caa82a9e00330", "id": 2}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "agrees-to", "type": "clause", "offset": [169, 178]}, {"key": "to-borrower", "type": "definition", "offset": [184, 195]}, {"key": "commitment-termination-date-loan-a", "type": "definition", "offset": [209, 243]}, {"key": "including-without-limitation", "type": "clause", "offset": [308, 336]}, {"key": "section-33", "type": "clause", "offset": [337, 348]}, {"key": "after-january", "type": "clause", "offset": [504, 517]}, {"key": "commitment-termination-date-loan-b", "type": "definition", "offset": [544, 578]}], "size": 5, "snippet": "Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Lender agrees to lend to Borrower prior to the Commitment Termination Date Loan A, Loan A. Subject to the terms and conditions of this Agreement, including without limitation Section 3.3 below, and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Lender agrees to lend to Borrower on or after January 1, 2007, but prior to the Commitment Termination Date Loan B, Loan B.", "samples": [{"hash": "aSBCoY3IGBZ", "uri": "/contracts/aSBCoY3IGBZ#the-commitment-amount", "label": "Venture Loan and Security Agreement (Entropic Communications Inc)", "score": 19.0, "published": true}, {"hash": "4MUm73z7BSo", "uri": "/contracts/4MUm73z7BSo#the-commitment-amount", "label": "Venture Loan and Security Agreement (Entropic Communications Inc)", "score": 19.0, "published": true}, {"hash": "1QVhnqtab9w", "uri": "/contracts/1QVhnqtab9w#the-commitment-amount", "label": "Venture Loan and Security Agreement (Entropic Communications Inc)", "score": 19.0, "published": true}], "hash": "ca53fd62cf53716d992ebe0afad20126", "id": 3}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "agrees-to", "type": "clause", "offset": [169, 178]}, {"key": "to-borrower", "type": "definition", "offset": [184, 195]}, {"key": "commitment-termination-date", "type": "definition", "offset": [215, 242]}, {"key": "the-loan", "type": "clause", "offset": [244, 252]}], "size": 4, "snippet": "Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Oxford agrees to lend to Borrower on or prior to the Commitment Termination Date, the Loan (Oxford). Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Horizon agrees to lend to Borrower on or prior to the Commitment Termination Date, the Loan (Horizon).", "samples": [{"hash": "40ruYzm07ql", "uri": "/contracts/40ruYzm07ql#the-commitment-amount", "label": "Venture Loan and Security Agreement", "score": 31.340862423, "published": true}, {"hash": "23CvPPH0Db6", "uri": "/contracts/23CvPPH0Db6#the-commitment-amount", "label": "Venture Loan and Security Agreement (Ambit Biosciences Corp)", "score": 24.1375770021, "published": true}, {"hash": "3THCmSdT0Ss", "uri": "/contracts/3THCmSdT0Ss#the-commitment-amount", "label": "Venture Loan and Security Agreement (Ambit Biosciences Corp)", "score": 21.8432580424, "published": true}], "hash": "ad0de9a586c4462d1e9c2af2e4ece7d8", "id": 4}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "agrees-to", "type": "clause", "offset": [170, 179]}, {"key": "to-borrower", "type": "definition", "offset": [185, 196]}, {"key": "loan-a-commitment-termination-date", "type": "definition", "offset": [210, 244]}, {"key": "loan-b-commitment-termination-date", "type": "definition", "offset": [460, 494]}, {"key": "loan-c-commitment-termination-date", "type": "definition", "offset": [714, 748]}, {"key": "loan-d-commitment-termination-date", "type": "definition", "offset": [964, 998]}], "size": 3, "snippet": "Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Horizon agrees to lend to Borrower prior to the Loan A Commitment Termination Date, Loan A. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, DBD agrees to lend to Borrower prior to the Loan B Commitment Termination Date, Loan B. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Horizon agrees to lend to Borrower prior to the Loan C Commitment Termination Date, Loan C. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, DBD agrees to lend to Borrower prior to the Loan D Commitment Termination Date, Loan D.", "samples": [{"hash": "csxCSCihkQq", "uri": "/contracts/csxCSCihkQq#the-commitment-amount", "label": "Venture Loan and Security Agreement (eASIC Corp)", "score": 26.1334702259, "published": true}, {"hash": "6lYBfCtKJF2", "uri": "/contracts/6lYBfCtKJF2#the-commitment-amount", "label": "Venture Loan and Security Agreement (eASIC Corp)", "score": 25.9609856263, "published": true}], "hash": "49f1c384ac3db160e59919b60e9f6878", "id": 5}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "agrees-to", "type": "clause", "offset": [169, 178]}, {"key": "to-borrower", "type": "definition", "offset": [184, 195]}, {"key": "business-days", "type": "clause", "offset": [212, 225]}, {"key": "following-the-closing-date", "type": "clause", "offset": [226, 252]}, {"key": "loan-a", "type": "definition", "offset": [254, 260]}, {"key": "amount-of-commitment", "type": "clause", "offset": [278, 298]}, {"key": "without-limitation", "type": "clause", "offset": [380, 398]}, {"key": "section-33", "type": "clause", "offset": [400, 411]}, {"key": "prior-to-the", "type": "clause", "offset": [561, 573]}, {"key": "commitment-termination-date-loan-b", "type": "definition", "offset": [578, 612]}, {"key": "commitment-amount-loan-b", "type": "definition", "offset": [648, 672]}, {"key": "commitment-termination-date-loan-c", "type": "definition", "offset": [682, 716]}, {"key": "funding-company", "type": "definition", "offset": [857, 872]}, {"key": "no-obligation-to-fund", "type": "clause", "offset": [902, 923]}, {"key": "total-commitment-amount", "type": "clause", "offset": [981, 1004]}, {"key": "in-the-aggregate", "type": "definition", "offset": [1007, 1023]}], "size": 2, "snippet": "Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Lender agrees to lend to Borrower within five (5) Business Days following the Closing Date, Loan A in the principal amount of Commitment Amount Loan A. Subject to the terms and conditions of this Agreement, including, without limitation, Section 3.3 below, and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Lender agrees to lend to Borrower prior to the (i) Commitment Termination Date Loan B, Loan B in the principal amount of Commitment Amount Loan B and (ii) Commitment Termination Date Loan C, Loan C in the principal amount of Commitment Amount Loan C. Notwithstanding, anything contained herein to the contrary, Horizon Technology Funding Company V LLC (\u201cHorizon\u201d) shall have no obligation to fund more than Twenty Million Dollars ($20,000,000) (\u201cHorizon Total Commitment Amount\u201d) in the aggregate at any one time.", "samples": [{"hash": "4lWk6lqvcMh", "uri": "/contracts/4lWk6lqvcMh#the-commitment-amount", "label": "Venture Loan and Security Agreement (Pharmasset Inc)", "score": 20.0, "published": true}, {"hash": "k96h1FyFT9D", "uri": "/contracts/k96h1FyFT9D#the-commitment-amount", "label": "Venture Loan and Security Agreement (Pharmasset Inc)", "score": 19.0, "published": true}], "hash": "17b117e96fefab36a0545854d76e6058", "id": 6}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "agrees-to", "type": "clause", "offset": [170, 179]}, {"key": "to-borrower", "type": "definition", "offset": [185, 196]}, {"key": "loan-a-commitment-termination-date", "type": "definition", "offset": [210, 244]}, {"key": "loan-b-commitment-termination-date", "type": "definition", "offset": [465, 499]}], "size": 2, "snippet": "Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Horizon agrees to lend to Borrower prior to the Loan A Commitment Termination Date, Loan A. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Fortress agrees to lend to Borrower prior to the Loan B Commitment Termination Date, Loan B.", "samples": [{"hash": "aSvxNfTVH8c", "uri": "/contracts/aSvxNfTVH8c#the-commitment-amount", "label": "Venture Loan and Security Agreement (Inotek Pharmaceuticals Corp)", "score": 23.8432580424, "published": true}, {"hash": "huvvfRUXzxq", "uri": "/contracts/huvvfRUXzxq#the-commitment-amount", "label": "Venture Loan and Security Agreement (Inotek Pharmaceuticals Corp)", "score": 23.6570841889, "published": true}], "hash": "1ea2e4ad07d543724d9ce7b19060299d", "id": 7}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "each-lender", "type": "clause", "offset": [162, 173]}, {"key": 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Agreement, the Lender undertakes to make available to the Borrower loan(s) in the aggregate principal amount of up to: VND [.........] and/or USD [.........] and/or other foreign currency of [.........] (In words: [.........] Vietnamese Dong and/or [.....", "samples": [{"hash": "gQDfDWkgPAN", "uri": "/contracts/gQDfDWkgPAN#the-commitment-amount", "label": "Installment Credit Agreement", "score": 25.643591117, "published": true}], "hash": "337b720d0a5cfa9d3812b25af9ca39fa", "id": 9}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [71, 105]}, {"key": "agrees-to", "type": "clause", "offset": [130, 139]}, {"key": "to-borrower", "type": "definition", "offset": [145, 156]}, {"key": "commitment-termination-date-loan-a", "type": "definition", "offset": [174, 208]}, {"key": "commitment-amount-loan-a", "type": "definition", "offset": [234, 258]}, {"key": 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["the-commitment-amount-loan-b", "The Commitment Amount Loan B"], ["the-commitment-amount-loan-a", "The Commitment Amount Loan A"]], "title": "The Commitment Amount", "parents": [["commitment", "Commitment"], ["loans-repayment", "Loans Repayment"], ["loan-repayment", "Loan Repayment"], ["commitment-purchase-of-warrants-or-common-stock", "Commitment Purchase of Warrants or Common Stock"], ["the-credit", "The Credit"]], "id": "the-commitment-amount", "related": [["revolving-committed-amount", "Revolving Committed Amount", "Revolving Committed Amount"], ["the-commitment", "The Commitment", "The Commitment"], ["total-commitment", "Total Commitment", "Total Commitment"], ["incremental-term-loan-commitments", "Incremental Term Loan Commitments", "Incremental Term Loan Commitments"], ["term-commitment", "Term Commitment", "Term Commitment"]], "related_snippets": [], "updated": "2025-07-07T16:38:44+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Commitment Amount clause defines the maximum sum of money that a lender agrees to provide to a borrower under a loan agreement. This clause specifies the total available funds, which may be disbursed in one lump sum or in multiple installments, depending on the terms of the agreement. By clearly stating the upper limit of the lender\u2019s financial obligation, the clause ensures both parties understand the scope of the loan and prevents disputes over the amount that can be borrowed."}, "json": true, "cursor": ""}}