Venture Debt definition

Venture Debt means indebtedness incurred in favor of Horizon, not to exceed Twelve Million Dollars ($12,000,000), provided that Horizon has executed an intercreditor agreement with Lenders, in form and content reasonably acceptable to Collateral Agent.
Venture Debt means the indebtedness of Oilgear UK owing pursuant to the Venture Debt Agreements.
Venture Debt means Indebtedness of the Company under that certain Loan and Security Agreement, dated March 21, 2014, by and among Oxford Finance LLC, Silicon Valley Bank and the Company, including under any promissory notes issued thereunder.

Examples of Venture Debt in a sentence

  • Neither the Company nor any Subsidiary will create, incur, assume or suffer to exist any obligation on its part to make any payment on the Joint Venture Debt other than (a) the obligations set forth in the agreements listed on Schedule V hereto with respect to Joint Venture Debt in existence on the date of this Agreement and (b) obligations substantially similar to those referred to in clause (a) with respect to Joint Venture Debt created, incurred, assumed or arising after the date of this Agreement.

  • Neither the Company nor any Subsidiary has any obligation to make payments on the Joint Venture Debt other than those permitted by Section 5.17.

  • Partner E: ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇ ▇▇▇▇▇, a graduate of NLIU, Bhopal is a corporate-commercial lawyer with ten years of professional experience in assisting and advising domestic and foreign clients on their transactions relating to M& A (shares/business/asset), Private Equity, Joint Venture, Debt Restructuring and Real Estate (leasing and acquisitions), due diligence and documentation (drafting, review and negotiation).

  • Not later than ten (10) Business Days prior to the Closing Date, the Company shall deliver to Parent payoff letters from each Person to whom the Company owes Venture Debt setting forth the amount payable to such lender for the complete satisfaction of related Liabilities and for the release of all related Liens, all in a form reasonably consistent with existing commercial lending industry practice and reasonably satisfactory to Parent.

  • The outstanding principal balance of the Existing Venture Debt on the Funding Date shall not be more than Ten Million Dollars ($10,000,000).

  • Email: ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇.▇▇▇▇.▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ By /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: SVP, Venture Debt, HSBC Ventures Notice Address: HSBC Ventures USA Inc.

  • Except as set forth on Schedule 3.5(e)(ii) (including, as indicated thereon by reason of a DTI Company being a general partner in a Joint Venture), all the Joint Venture Debt is non-recourse to the DTI Companies.

  • By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: SVP, Head of Venture Debt AVEPOINT, INC.

  • Buyer hereby authorizes: (i) the Company to contract financing (by lending or issuing debentures) in the amount of up to [*****] for the payment of the purchase price due to the purchase of Smarkio shares (" Venture Debt "); and (ii) Sellers and the Company to constitute an Encumbrance on the Company's Shares or Assets in connection with the hiring of Venture Debt.

  • This Agreement for Public Sale of Assets (the “Agreement”) is made by and between Horizon Technology Funding Company LLC, a Delaware limited liability company (“Horizon”), and Sand Hill Venture Debt III, LLC, a Delaware limited liability company (“Sand Hill” and, together with Horizon, the “Lenders”) as the sellers, and Exar Corporation, a Delaware corporation (the “Buyer”) as the buyer, is entered into as of January 31, 2008.