Common use of Third Amendment Fee Clause in Contracts

Third Amendment Fee. A fully earned, non-refundable amendment fee in an aggregate amount of One Hundred and Fifty Thousand Dollars ($150,000.00) to be shared between the Lenders in accordance with their respective Pro Rata Shares and due and payable on the Third Amendment Effective Date.” 2.3 Section 3.4 (Procedures for Borrowing). Section 3.4 of the Loan Agreement is amended and restated as follows:

Appears in 1 contract

Sources: Loan and Security Agreement (Mersana Therapeutics, Inc.)

Third Amendment Fee. A fully fully-earned, non-refundable amendment fee in an the aggregate amount of One Hundred and Fifty Thousand [***] Dollars ($150,000.00[***]) to be shared between the Lenders in accordance with their respective Pro pro Rata Shares and due and payable on the Third Amendment Effective Date.” 2.3 Section 3.4 (Procedures for Borrowing). Section 3.4 of the Loan Agreement is amended and restated as follows:

Appears in 1 contract

Sources: Loan and Security Agreement (Scholar Rock Holding Corp)

Third Amendment Fee. A fully earned, non-refundable amendment fee in an aggregate amount of One Hundred and Fifty Thirty Thousand Dollars ($150,000.0030,000.00) (the “Third Amendment Fee”), to be shared between the Lenders in accordance with their respective Pro Rata Shares and due and payable on December 31, 2018 (the Third Amendment Effective Date”).” 2.3 Section 3.4 (Procedures for Borrowing). Section 3.4 of the Loan Agreement is amended and restated as follows:

Appears in 1 contract

Sources: Loan and Security Agreement (Nuvectra Corp)