Vertex Transaction definition
Vertex Transaction means Borrower’s completion of the sale of CTP 656 to Vertex or any of its Affiliates pursuant to the Vertex Purchase Agreement. “Warrant” means any warrant entered into in connection with the Loan, as may be amended, restated or modified from time to time. Unless otherwise specified, all references in this Agreement or any Annex or Schedule hereto to a “Section,” “subsection,” “Exhibit,” “Annex,” or “Schedule” shall refer to the corresponding Section, subsection, Exhibit, Annex, or Schedule in or to this Agreement. Unless otherwise specifically provided herein, any accounting term used in this Agreement or the other Loan Documents shall have the meaning customarily given such term in accordance with GAAP, and all financial computations hereunder shall be computed in accordance with GAAP, consistently applied. Unless otherwise defined herein or in the other Loan Documents, terms that are used herein or in the other Loan Documents and defined in the UCC shall have the meanings given to them in the UCC.
Examples of Vertex Transaction in a sentence
Notwithstanding the foregoing, Agent and Lender agree to waive the Prepayment Charge (i) if Agent and Lender (in its sole and absolute discretion) agree in writing to refinance the Advances prior to the Maturity Date, or (ii) if the Vertex Transaction closes, and Borrower prepays all of the outstanding Advances after the 90th day following the Closing Date but prior to the six month anniversary of the Closing Date.