Common use of Two Borrowings Clause in Contracts

Two Borrowings. After giving effect to such Borrowing, no more than two Borrowings shall have been made; provided that, for purposes of this Section 6.02(c), “Borrowing” shall not be deemed to include any borrowing of PIK Loans.

Appears in 3 contracts

Sources: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (Tandem Diabetes Care Inc), Term Loan Agreement (Tandem Diabetes Care Inc)