VLL5 Loan Agreement definition

VLL5 Loan Agreement means that certain Loan and Security Agreement and Supplement thereto, both dated as of May 1, 2010, between Borrower and VLL5, together with all of the “Loan Documents” (as such term is defined therein), as the same have been and may be amended, supplemented, restated or modified from time to time and any refinancings thereof.

Examples of VLL5 Loan Agreement in a sentence

  • Pursuant to the VLL5 Loan Agreement, Borrower will grant to VLL5 a security interest in the Collateral.

  • In order to allow Borrower to pursue such exclusive licensing of certain of its intellectual property to Ruthigen, the Lenders are willing to waive such covenants in consideration of Borrower’s continued commitment to pay off the indebtedness outstanding under the VLL5 Loan Agreement and under the VLL6 Loan Agreement in a timely manner.

  • In furtherance of the foregoing, VLL4 agrees that (i) the Indebtedness of Borrower to VLL5 under the VLL5 Loan Agreement and (ii) the Liens granted to VLL5 by Borrower on the Collateral shall be permitted Indebtedness and Permitted Liens for all purposes of the VLL4 Loan Agreement and the other loan documents executed and delivered in connection with the VLL4 Loan Agreement.

  • This Amendment shall not operate as a waiver of any condition or obligation imposed on Borrower under the VLL5 Loan Agreement and other Loan Documents.

  • In consideration of the agreements and obligations of VLL5 in this Agreement, VLL4 is willing to and does hereby grant such waiver and consents to Borrower entering into the VLL5 Loan Agreement.

  • The VLL5 Loan Agreement and the VLL6 Loan Agreement each are referred to herein, individually, as a “Loan Agreement” and collectively, as the “Loan Agreements.” The terms defined in each Loan Agreement and its related Loan Documents are hereby incorporated by reference into this Agreement.

  • By the terms of the IP Agreements, the VLL5 Loan Agreement, and the VLL6 Loan Agreement, Borrower is prohibited from entering into agreement to exclusively license or sell its intellectual property.

  • In connection therewith, Borrower has requested that VLL4 waive the prohibitions set forth in Sections [5.9(c), 6.1 and 6.2] of the VLL4 Loan Agreement relating to the incurring by Borrower of additional Indebtedness (as such term is defined in the VLL4 Loan Agreement) and granting of Liens to the extent contemplated under the VLL5 Loan Agreement.

Related to VLL5 Loan Agreement

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Bridge Loan Agreement means the 364-day Bridge Loan Agreement dated as of April 3, 2012, as amended, restated, supplemented or otherwise modified, among the Company, the lenders party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Original Loan Agreement has the meaning set forth in the Recitals.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Subordinated Loan Agreement means any loan agreement made or to be made between (i) any Borrower and (ii) a Subordinated Creditor.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of June 17, 2022, between the Mortgage Loan Borrower, as borrower, and Xxxxx Fargo Bank, National Association, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Original Loan Documents means the “Loan Documents” as defined in the Original Credit Agreement.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.