Loan Agreement definition
Examples of Loan Agreement in a sentence
Section 1.5 of the Loan Agreement is hereby amended and restated to read as follows: “In consideration of the Restructuring and the extension of the Additional Loans documented by the Additional Note #1 and Additional Note #2, NKGen Bio shall issue and deliver electronically to the Lender, at no cost to the Lender, 12,147,280 shares of Common Stock in accordance with the timeline under Section 1.6.3(a).
Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Loan Agreement or the other Loan Documents, as applicable.
Sections 7.1 and 7.8 of the Loan Agreement shall apply to this Agreement.
The modifications set forth herein are limited precisely as written and shall not be deemed (a) to be a consent under or a waiver of or an amendment to any other term or condition in the Loan Agreement, or (b) to prejudice any right or rights which Agent or any Lender now has or may have in the future under or in connection with the Loan Agreement, as amended hereby, or any of the other documents referred to herein or therein.
The execution, delivery and effectiveness of the waiver set forth herein shall not operate as a waiver of any other right, power or remedy of the parties to the Loan Agreement or any other document, instrument, or agreement executed in connection therewith, nor constitute a waiver of any provision contained therein.