WTI Loan Agreement definition

WTI Loan Agreement means that certain Loan and Security Agreement, dated as of November 17, 2010, by and among Borrower, Venture Lending & Leasing V, Inc. and Venture Lending & Leasing VI, Inc., as may be amended, restated, modified or otherwise supplemented.

WTI Loan Agreement means the Loan and Security Agreement, dated as of July 12, 2019, by and among the Credit Parties, Venture Lending & Leasing VIII, Inc. and Venture Lending & Leasing IX, Inc., as supplemented by the Supplement to the Loan and Security Agreement, dated as of July 12, 2019, without giving effect to any amendment, restatement or modification after the date hereof.

Examples of WTI Loan Agreement in a sentence

• Following receipt by the Company of the necessary shareholder approvals on 29 January 2020, the Company elected to issue the option bonds with warrants as additional consideration for the financing provided under the WTI Loan Agreement pursuant to the terms of the WTI Loan Agreement.

• Repayment of Option BondsOn the fifth anniversary of the day of termination of the WTI Loan Agreement, the latest date of such termination to occur being January 31, 2023 (“WTI Loan Termination Date”).

• The Collateral Agent and the Investors shall have received customary payoff letters in relation to the outstanding Indebtedness under the Reinvestment Fund Credit Agreement and the WTI Loan Agreement to be repaid on the Initial Closing Date.

• Disciplinary and adverse actions will be timely and taken against an employee to promote the efficiency of the service.