Tranche 2. Subject to the terms and conditions of this Agreement, Borrower may request, and the Lenders shall severally (and not jointly) make, in each case, at any time during the Tranche 2 Commitment Period, up to three additional Term Loan Advances in minimum increments of the Minimum Advance Amount (or if less, the remaining amount of Term Loan Advances available to be drawn pursuant to this Section 2.2(a)(ii)) in an aggregate principal amount up to the Tranche 2 Commitment (such Term Loan Advances, the “Tranche 2 Advances”).
Appears in 2 contracts
Sources: Loan and Security Agreement (Dyne Therapeutics, Inc.), Loan and Security Agreement (Dyne Therapeutics, Inc.)
Tranche 2. Subject to the terms and conditions of this Agreement, Borrower may request, and the Lenders shall severally (and not jointly) make, in each case, at any time during the Tranche 2 Commitment Period, up to three one or more additional Term Loan Advances in minimum increments of the Minimum Advance Amount (or if less, the remaining amount of Term Loan Advances available to be drawn pursuant to this Section 2.2(a)(ii2.2(a)(iv)) in an aggregate principal amount up to the Tranche 2 Commitment (such Term Loan Advances, the “Tranche 2 Advances”).
Appears in 1 contract
Sources: Loan and Security Agreement (Maze Therapeutics, Inc.)
Tranche 2. Subject to the terms and conditions of this Agreement, Borrower may request, and the and ▇▇▇▇▇▇▇▇’s achievement of Data Milestone I, on the First Amendment Closing Date, Lenders shall severally (and not jointly) make, in each case, at any time during the Tranche 2 Commitment Period, up to three additional Term Loan Advances in minimum increments of the Minimum Advance Amount (or if less, the remaining amount of Term Loan Advances available to be drawn pursuant to this Section 2.2(a)(ii)) 2.2(a)(ii))and ▇▇▇▇▇▇▇▇ agrees to draw, a Term Loan Advance in an aggregate principal amount up upequal to the Tranche 2 Commitment (such Term Loan AdvancesAdvancesAdvance, the “Tranche 2 AdvancesAdvancesAdvance”).
Appears in 1 contract
Sources: Loan and Security Agreement (Dyne Therapeutics, Inc.)