Employee Loans. No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan by a third party, other than loans under the Loan Funded Share Plan.
Appears in 2 contracts
Samples: Joinder Agreement (Mesoblast LTD), Loan and Security Agreement (Mesoblast LTD)
Employee Loans. No Other than as permitted pursuant to Section 7.7, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party, other than loans under the Loan Funded Share Plan.
Appears in 2 contracts
Samples: Loan and Security Agreement (Spire Global, Inc.), Loan and Security Agreement (NavSight Holdings, Inc.)
Employee Loans. No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party, other than loans under except as permitted by the Loan Funded Share PlanDocuments.
Appears in 2 contracts
Samples: Loan and Security Agreement (Eloxx Pharmaceuticals, Inc.), Loan and Security Agreement (BiomX Inc.)
Employee Loans. No Except as permitted hereunder, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan by a third party, other than loans under the Loan Funded Share Plan.
Appears in 2 contracts
Samples: Loan and Security Agreement (Urovant Sciences Ltd.), Loan and Security Agreement (Dermavant Sciences LTD)
Employee Loans. No Other than loans constituting Permitted Investments, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party WEST\298100232.6 |US-DOCS\138581207.1138581207.7|| guaranteed the payment of any loan made to an employee, officer or director of such Loan by a third party, other than loans under the Loan Funded Share Plan.
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Employee Loans. No Except as permitted hereunder, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party, other than loans under the Loan Funded Share Plan.
Appears in 1 contract
Samples: Loan and Security Agreement (BICYCLE THERAPEUTICS PLC)
Employee Loans. No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan by a third partyThird Party, other than loans under the Loan Funded Share Plan. Confidential material omitted and filed separately with the Commission.
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Employee Loans. No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan by a third party, other than loans under the Loan Funded Share Plan.
Appears in 1 contract
Samples: Loan and Security Agreement (Axovant Sciences Ltd.)
Employee Loans. No Except as permitted in clause (viii) of Permitted Investments, no Loan Party has outstanding loans to any employee, officer or director of such any Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such any Loan Party by a third party, other than loans under the Loan Funded Share Plan.
Appears in 1 contract
Samples: Loan and Security Agreement (Nabriva Therapeutics PLC)
Employee Loans. No Except for Permitted Investments, no Loan Party has any outstanding loans to any employee, officer or director of such a Loan Party Party, nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such a Loan Party by a third party, other than loans under the Loan Funded Share Plan.
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Employee Loans. No Except for Permitted Investments (and, for the avoidance of doubt, loans under any plan sponsored by a Loan Party or to which a Loan Party contributes that is intended to be qualified under Section 401(a) of the Code (“Qualified Plan Loans”)), , no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party, other than loans under the Loan Funded Share Plan.
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Employee Loans. No Except for Permitted Investments, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party, other than loans under the Loan Funded Share Plan.
Appears in 1 contract
Samples: Loan and Security Agreement (Madrigal Pharmaceuticals, Inc.)
Employee Loans. No Other than loans constituting Permitted Investments, no Loan Party has any outstanding loans to any employee, officer officer, manager or director of such Loan Party Party, nor has any Loan Party guaranteed the payment of any loan made to an employee, officer officer, manager or director of such Loan Party by a third party, other than loans under the Loan Funded Share Plan.
Appears in 1 contract
Samples: Loan and Security Agreement (BridgeBio Pharma, Inc.)