Common use of Interest Period Clause in Contracts

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 8 contracts

Samples: Loan and Security Agreement (Homology Medicines, Inc.), Loan and Security Agreement (Pandion Therapeutics Holdco LLC), Loan and Security Agreement (Pandion Therapeutics Holdco LLC)

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Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of for the applicable Term Loan Growth Capital Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each Term Loan Growth Capital Advance at the rate set forth in Section 2.2(a2.3(a)(ii).

Appears in 3 contracts

Samples: Loan Modification Agreement (Acacia Communications, Inc.), Loan Modification Agreement (Acacia Communications, Inc.), Loan Modification Agreement (Acacia Communications, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 3 contracts

Samples: Loan and Security Agreement (Genocea Biosciences, Inc.), Loan and Security Agreement (Frequency Therapeutics, Inc.), Loan and Security Agreement (Trevi Therapeutics, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of for the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the outstanding principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 2 contracts

Samples: Loan and Security Agreement (Blueprint Medicines Corp), Loan and Security Agreement (Blueprint Medicines Corp)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Effective Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance Advances, in arrears, at the rate set forth in Section 2.2(a2.3(a)(ii).

Appears in 2 contracts

Samples: Loan and Security Agreement (Teladoc, Inc.), Loan and Security Agreement (Teladoc, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of for the applicable 2016 Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each 2016 Term Loan Advance at the rate set forth in Section 2.2(a2.3(a)(iv).

Appears in 2 contracts

Samples: Loan and Security Agreement (Quantenna Communications Inc), Loan and Security Agreement (Quantenna Communications Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date occurs (or commencing on the Funding Date if the Funding Date is the first calendar day of the applicable Term Loan Advance occursmonth), and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each Term Loan Growth Capital Advance at the rate set forth in Section 2.2(a).

Appears in 2 contracts

Samples: Loan and Security Agreement (Channeladvisor Corp), Loan and Security Agreement (Channeladvisor Corp)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest to Agent, for the account of the Lenders, in arrears, on the principal amount of each Term Loan Advance Advance, at the rate set forth in Section 2.2(a2.2 (a).

Appears in 2 contracts

Samples: Mezzanine Loan and Security Agreement (Verrica Pharmaceuticals Inc.), Loan and Security Agreement (Eloxx Pharmaceuticals, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the outstanding principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a2.3(a).

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Avalara Inc)

Interest Period. Commencing With respect to each Term Loan Advance, commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable such Term Loan Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the outstanding principal amount of each such Term Loan Advance Advance, at the rate set forth in Section 2.2(a2.3(a)(ii).

Appears in 2 contracts

Samples: Loan and Security Agreement (Vericel Corp), Loan and Security Agreement (Vericel Corp)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest on the principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 2 contracts

Samples: Loan and Security Agreement (Motus GI Holdings, Inc.), Loan and Security Agreement (Apellis Pharmaceuticals, Inc.)

Interest Period. Commencing With respect to the Term Loan Advance, commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each the Term Loan Advance Advance, at the rate set forth in Section 2.2(a2.8(a)(ii).

Appears in 2 contracts

Samples: Loan and Security Agreement (Moneylion Inc.), Loan and Security Agreement (Fusion Acquisition Corp.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each such Term Loan Advance at the rate set forth in Section 2.2(a2.4(a)(ii).

Appears in 2 contracts

Samples: Loan and Security Agreement (Treace Medical Concepts, Inc.), Loan and Security Agreement (Treace Medical Concepts, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs(or commencing on such Funding Date if such Funding Date is also a Payment Date), and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 2 contracts

Samples: Subordinated Loan and Security Agreement (Mavenir Systems Inc), Subordinated Loan and Security Agreement (Mavenir Systems Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of for the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 2 contracts

Samples: Mezzanine Loan and Security Agreement (Quantenna Communications Inc), Mezzanine Loan and Security Agreement (Quantenna Communications Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest to Agent, for the account of the Lenders, in arrears, on the principal amount of each Term Loan Advance Advance, at the rate set forth in Section 2.2(a2.3(a).

Appears in 2 contracts

Samples: Loan and Security Agreement (Social Capital Suvretta Holdings Corp. I), Loan and Security Agreement (Social Capital Suvretta Holdings Corp. I)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of for the applicable Term Loan Advance occurs, occurs and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 2 contracts

Samples: Mezzanine Loan and Security Agreement (Ooma Inc), Mezzanine Loan and Security Agreement (Ooma Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable 2014 Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the outstanding principal amount of each the 2014 Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 2 contracts

Samples: Loan and Security Agreement (Blueprint Medicines Corp), Loan and Security Agreement (Blueprint Medicines Corp)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, occurs and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a2.1.2(f)(i).. (c)

Appears in 1 contract

Samples: Loan and Security Agreement

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Agenus Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Effective Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the outstanding principal amount of each the Term Loan Advance Loans, at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Aegerion Pharmaceuticals, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a2.4(b).

Appears in 1 contract

Samples: Loan and Security Agreement (KORU Medical Systems, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable 2020 Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each 2020 Term Loan Advance at the rate set forth in Section 2.2(a2.2(a)(ii).

Appears in 1 contract

Samples: Loan and Security Agreement (Mersana Therapeutics, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, occurs and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Aegerion Pharmaceuticals, Inc.)

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Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest in arrears on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (DiCE MOLECULES HOLDINGS, LLC)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of for the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).. (c)

Appears in 1 contract

Samples: Loan and Security Agreement

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable 2023 Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each 2023 Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Homology Medicines, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Effective Date of the applicable Term Loan Advance occurs, occurs and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the outstanding principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Joinder Agreement (Yodle Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each the Payment Date thereafterof each month thereafter until the Term Loan Amortization Date, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Cti Biopharma Corp)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest on the outstanding principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Satsuma Pharmaceuticals, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month calendar quarter following the month in which the Funding Date of the applicable such Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly quarterly payments of interest interest, in arrears, on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: First Loan Modification Agreement (Elron Electronic Industries LTD /Ny/)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of for the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Arsanis, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable 2022 Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest in arrears on the outstanding principal amount of each 2022 Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (DICE Therapeutics, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, occurs and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest to Agent, for the account of the Lenders, in arrears, on the principal amount of each Term Loan Advance Advance, at the rate set forth in Section 2.2(a2.3(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Alx Oncology Holdings Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable 2018 Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each the 2018 Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Axsome Therapeutics, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable 2016 Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each 2016 Term Loan Advance at the rate set forth in Section 2.2(a2.2(a)(ii).

Appears in 1 contract

Samples: Loan and Security Agreement (Arsanis, Inc.)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, occurs and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a2.1.2(f)(i).

Appears in 1 contract

Samples: Loan and Security Agreement (Alimera Sciences Inc)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest interest, in arrears, on the principal amount of each the Term Loan Advance at the rate set forth in Section 2.2(a2.3(a)(ii).

Appears in 1 contract

Samples: Loan and Security Agreement (Alvarion LTD)

Interest Period. Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each the Payment Date of each month thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Selecta Biosciences Inc)

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