Good Faith Deposit. Borrower has paid to Collateral Agent a deposit of One Hundred Thousand Dollars ($100,000.00) (“Good Faith Deposit”), to initiate Collateral Agent’s and Lenders’ due diligence review and documentation process. The Good Faith Deposit will be used to pay Lenders’ Expenses due on the Effective Date; provided, however, Borrower shall be responsible for the entire amount of Lenders’ Expenses payable under Section 2.5(c) hereof.
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Samples: Loan and Security Agreement (Scholar Rock Holding Corp)
Good Faith Deposit. Borrower has paid to Collateral Agent a deposit of One Hundred Thousand [**] Dollars ($100,000.00[**]) (the “Good Faith Deposit”), to initiate Collateral Agent’s and Lenders’ due diligence review and documentation process. The Good Faith Deposit will be used to pay Lenders’ Expenses due on the Effective Date, with the balance, if any, towards the Facility Fee due under Section 2.5(a) hereof; provided, however, Borrower shall be responsible for the entire amount of Lenders’ Expenses payable under Section 2.5(c2.5(d) hereof.
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Samples: Loan and Security Agreement (Mersana Therapeutics, Inc.)
Good Faith Deposit. Borrower has paid to Collateral Agent a deposit of One Hundred Thirty Thousand Dollars ($100,000.0030,000.00) (“Good Faith Deposit”), to initiate Collateral Agent’s and Lenders’ due diligence review and documentation process. The Good Faith Deposit will be used to pay Lenders’ Expenses due on the Effective Date; provided, however, Borrower shall be responsible for the entire amount of Lenders’ Expenses payable under Section 2.5(c) hereof.
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Good Faith Deposit. Borrower has paid to Collateral Agent for account of the Lenders a deposit of One Hundred Sixty Thousand Dollars ($100,000.0060,000.00) (the “Good Faith Deposit”), to initiate Collateral Agent’s and Lenders’ due diligence review and documentation process. The Good Faith Deposit will be used to pay Lenders’ Expenses due on the Effective Date; provided, however, Borrower shall be responsible for the entire amount of Lenders’ Expenses payable under Section 2.5(c2.5(b) hereof.
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Good Faith Deposit. Borrower has paid to Collateral Agent a deposit of One Hundred Thousand Dollars ($100,000.00) (the “Good Faith Deposit”), ) to initiate Collateral Agent’s and Lenders’ due diligence review and documentation process. The Good Faith Deposit will be used to pay Lenders’ Expenses due on the Effective Date; provided, however, Borrower shall be responsible for the entire amount of Lenders’ Expenses payable under Section 2.5(c2.5(d) hereof.
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Good Faith Deposit. Borrower has paid to Collateral Agent a deposit of One Hundred Thirty-Five Thousand Dollars ($100,000.0035,000.00) (the “Good Faith Deposit”), to initiate Collateral Agent’s and Lenders’ due diligence review and documentation process. The Good Faith Deposit will be used to pay Lenders’ Expenses due on the Effective Date; provided, however, Borrower shall be responsible for the entire amount of Lenders’ Expenses payable under Section 2.5(c2.5(e) hereof.; and
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Samples: Loan and Security Agreement (Viracta Therapeutics, Inc.)
Good Faith Deposit. Borrower has paid to Collateral Agent a deposit of One Hundred Thousand Dollars ($100,000.00) (the “Good Faith Deposit”), to initiate Collateral Agent’s and Lenders’ due diligence review and documentation process. The Good Faith Deposit will be used to pay Lenders’ Expenses due on the Effective Date; provided, however, Borrower shall be responsible for the entire amount of Lenders’ Expenses payable under Section 2.5(c2.5(d) hereof.
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