Common use of Legal Action Notice Clause in Contracts

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

Appears in 22 contracts

Samples: Loan and Security Agreement (Molekule Group, Inc.), Loan and Security Agreement (Augmedix, Inc.), Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

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Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000) or more; and

Appears in 13 contracts

Samples: Loan and Security Agreement (PhaseBio Pharmaceuticals Inc), Loan and Security Agreement (PhaseBio Pharmaceuticals Inc), Loan and Security Agreement (Alpine Immune Sciences, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and;

Appears in 12 contracts

Samples: Loan and Security Agreement (Interpace Biosciences, Inc.), Loan and Security Agreement (Root, Inc.), Loan and Security Agreement (Root Stockholdings, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000) or more; and;

Appears in 11 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000) or more; and;

Appears in 11 contracts

Samples: Loan and Security Agreement (Nebula Caravel Acquisition Corp.), Loan and Security Agreement (Sienna Biopharmaceuticals, Inc.), Loan and Security Agreement (Aegerion Pharmaceuticals, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and

Appears in 10 contracts

Samples: Loan and Security Agreement (Singular Genomics Systems, Inc.), Loan and Security Agreement (Avidity Biosciences, Inc.), Loan and Security Agreement (Avidity Biosciences, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and;

Appears in 10 contracts

Samples: Mezzanine Loan and Security Agreement, Loan and Security Agreement (Clearside Biomedical, Inc.), Mezzanine Loan and Security Agreement (Impinj Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000100,000.00) or more; and

Appears in 8 contracts

Samples: Loan and Security Agreement (AVROBIO, Inc.), Loan and Security Agreement (Cti Biopharma Corp), Loan and Security Agreement (Mersana Therapeutics, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000.00) or more; and;

Appears in 7 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000.00) or more; and;

Appears in 7 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000.00) or more; and

Appears in 6 contracts

Samples: Loan and Security Agreement (DiCE MOLECULES HOLDINGS, LLC), Loan and Security Agreement (Trevi Therapeutics, Inc.), Loan and Security Agreement (Collegium Pharmaceutical, Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and

Appears in 6 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Axonics Modulation Technologies, Inc.), Loan and Security Agreement (Okta, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and;

Appears in 6 contracts

Samples: Loan and Security Agreement (Alpha Healthcare Acquisition Corp.), Loan and Security Agreement (HTG Molecular Diagnostics, Inc), Loan and Security Agreement (Trovagene, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

Appears in 5 contracts

Samples: Loan and Security Agreement (Spruce Biosciences, Inc.), Loan and Security Agreement (Spruce Biosciences, Inc.), Loan and Security Agreement (Sophiris Bio Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Million Dollars ($100,0001,000,000) or more; and;

Appears in 5 contracts

Samples: Loan and Security Agreement (Taysha Gene Therapies, Inc.), Loan and Security Agreement (Axonics, Inc.), Loan and Security Agreement

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Thousand Dollars ($100,000200,000.00) or more; and;

Appears in 5 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000) or more; and;

Appears in 4 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000.00) or more; and;

Appears in 4 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000100,000.00) or more; and

Appears in 4 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000.00) or more; and

Appears in 4 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000.00) or more; and;

Appears in 4 contracts

Samples: Mezzanine Loan and Security Agreement (Velo3D, Inc.), Loan and Security Agreement (Alx Oncology Holdings Inc), Subordinated Loan and Security Agreement (Everyday Health, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000.00) or more; and;

Appears in 3 contracts

Samples: Loan and Security Agreement (Array Biopharma Inc), Loan and Security Agreement (Achaogen Inc), Loan and Security Agreement (Borderfree, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Thousand Dollars ($100,000200,000) or more; and

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Miragen Therapeutics, Inc.), Loan and Security Agreement (Model N Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One . Two Hundred Thousand Dollars ($100,000200,000) or more; and

Appears in 3 contracts

Samples: Loan and Security Agreement (Gigamon LLC), Loan and Security Agreement (Gigamon LLC), Loan and Security Agreement (Gigamon LLC)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000.00) or more; and

Appears in 3 contracts

Samples: Mezzanine Loan and Security Agreement (Verrica Pharmaceuticals Inc.), Loan and Security Agreement (ViewRay, Inc.), Loan and Security Agreement (Control4 Corp)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregateindividually, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and

Appears in 3 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Thousand Dollars ($100,000200,000) or more; and;

Appears in 3 contracts

Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc), Loan and Security Agreement (Evoke Pharma Inc), Loan and Security Agreement (Evoke Pharma Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) 100,000 or more; and;

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,000150,000.00) or more; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Pandion Therapeutics Holdco LLC), Loan and Security Agreement (Pandion Therapeutics Holdco LLC)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,000150,000) or more; and

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that that, if determined adversely, could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000.00) or more; and

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that that, to the best knowledge of the Responsible Officers or other officers of Borrower with the obligation to so inform the Responsible Officers, could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One One-Hundred Thousand Dollars ($100,000) or more; and;

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would reasonably be expected to result if adversely determined in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000) or more; and;

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000.00) or more; and

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that in the reasonable judgment of Borrower could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Two Million Dollars ($100,0002,000,000) or more; and

Appears in 2 contracts

Samples: Loan and Security Agreement (TerraVia Holdings, Inc.), Loan and Security Agreement (TerraVia Holdings, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Three Hundred Thousand Dollars ($100,000300,000) or more; and

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Borrower or any of its Subsidiaries that could result in damages or costs to a Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred and Fifty Thousand Dollars ($100,000250,000) or more; and;

Appears in 2 contracts

Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp), Loan and Security Agreement (GOOD TECHNOLOGY Corp)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against a Borrower or any of its Subsidiaries that could result in damages or costs to a Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and;

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower Borrower, Guarantor or any of its their respective Subsidiaries that could result in damages or costs to Borrower Borrower, Guarantor or any of its their respective Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

Appears in 2 contracts

Samples: Loan Agreement (Aquinox Pharmaceuticals, Inc), Loan Agreement (Aquinox Pharmaceuticals (Usa) Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, of One Hundred Fifty Thousand Dollars ($100,000150,000) or moremore or which could reasonably be expected to have a Material Adverse Change; and

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions action pending or threatened the non-frivolous threat of legal action in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000.00) or more; and

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Tenable Holdings, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Three Hundred Thousand Dollars ($100,000300,000) or more; and;

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,000150,000.00) or more; and;

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Thousand Dollars ($100,000250,000) or more; and

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) 250,000 or more; and;

Appears in 2 contracts

Samples: Loan and Security Agreement (Titan Pharmaceuticals Inc), Loan and Security Agreement (Titan Pharmaceuticals Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Borrower or any of its Subsidiaries that could result in damages or costs to any Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred and Fifty Thousand Dollars ($100,000250,000) or more; and;

Appears in 2 contracts

Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp), Loan and Security Agreement (GOOD TECHNOLOGY Corp)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Million Dollars ($100,0001,000,000) or more; and;

Appears in 2 contracts

Samples: Loan and Security Agreement (Alvarion LTD), Loan Agreement (Energy Recovery, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000100,000.00) or more; and;

Appears in 2 contracts

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000100,000.00) or more; and;

Appears in 2 contracts

Samples: Loan and Security Agreement (InsPro Technologies Corp), Loan and Security Agreement (Exa Corp)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Borrower or any of its Subsidiaries that could result in damages or costs to such Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Million Dollars ($100,0001,000,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Aviat Networks, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Three Hundred Fifty Thousand Dollars ($100,000350,000) or more; and

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions actions, investigations or proceedings pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Million Dollars ($100,0001,000,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000.00) or more; and;

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Thousand Dollars ($100,000200,000) or more; and;

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries or Borrower-owned Related Special Purpose Entity that could result in damages or costs to Borrower or any of its Subsidiaries or Borrower-owned Related Special Purpose Entity of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (aTYR PHARMA INC)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000100,000.00) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Cancer Genetics, Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred and Fifty Thousand Dollars ($100,000250,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp)

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Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Proofpoint Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower an Obligor or any of its Subsidiaries Subsidiaries/Affiliates that could result in damages or costs to Borrower such Obligor or any of its Subsidiaries Subsidiaries/Affiliates of, individually or in the aggregate, One Hundred Thousand Dollars Pounds ($£100,000) (or its equivalent in any other currency) or more; and;

Appears in 1 contract

Samples: Loan Agreement (Mereo Biopharma Group PLC)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower it or any of its Subsidiaries that could result in damages or costs to Borrower it or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,000) or more; and50,000.00);

Appears in 1 contract

Samples: Loan and Security Agreement (Mission Property Holdings LLC)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against a Co-Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to a Co-Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Savara Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregateaggregate with respect to any related actions or proceedings, One Hundred Thousand Million Dollars ($100,0001,000,000) or more; and;

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Apptio Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000100,000.00) or more; and

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Million Dollars ($100,0001,000,000.00) or more; and;

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could is reasonably likely to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000) or more; andand Financial Information. Financial information reasonably requested by Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (S&W Seed Co)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and;

Appears in 1 contract

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

Legal Action Notice. A Promptly after becoming aware thereof, a prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Sierra Oncology, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Ten Million Dollars ($100,00010,000,000.00) or more; and

Appears in 1 contract

Samples: Loan Agreement (Harmonic Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Borrower or any of its Subsidiaries that could result in damages or costs to such Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Million Dollars ($100,0001,000,000) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Aviat Networks, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Borrower or any of its Subsidiaries that could result in damages or costs to a Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (WaferGen Bio-Systems, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,000150,000.00) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Amber Road, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Thousand Dollars ($100,000200,000.00) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Gemphire Therapeutics Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One (i) Five Hundred Thousand Dollars ($100,000500,000) in any single action or more; and(ii) One Million Dollars ($1,000,000) in the aggregate of uninsured liability/costs in connection with all other pending and/or threatened actions;

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Nebula Caravel Acquisition Corp.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could be reasonably expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and;

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that that, if determined adversely, could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000.00) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Brightcove Inc)

Legal Action Notice. A prompt report of any legal actions pending or to Borrower’s knowledge threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000100,000.00) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Agenus Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Five Million Dollars ($100,0005,000,000) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (A10 Networks, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One (i) Five Hundred Thousand Dollars ($100,000500,000) or more; andin any single action or

Appears in 1 contract

Samples: Loan and Security Agreement (Nebula Caravel Acquisition Corp.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to any Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (EnergyConnect Group Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against a Co-Borrower or any of its Subsidiaries that could result in damages or costs to a Co-Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000) or more; and;

Appears in 1 contract

Samples: Loan Agreement (TEKMIRA PHARMACEUTICALS Corp)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,000150,000.00) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Tremor Video Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Five Million Dollars ($100,0005,000,000) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Solazyme Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) 250,000 or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Omeros Corp)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Seven Hundred Fifty Thousand Dollars ($100,000750,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Pixelworks, Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000.00) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Array Biopharma Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Mobivity Holdings Corp.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower any Obligor or any of its Subsidiaries Subsidiaries/Affiliates that could result in damages or costs to Borrower or any of its Subsidiaries Subsidiaries/Affiliates of, individually or in the aggregate, One Five Hundred Thousand Dollars Euros ($100,000€500,000) (or its equivalent in any other currency) or more; and;

Appears in 1 contract

Samples: Loan Agreement (Affimed N.V.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against a Borrower or any of its Subsidiaries that could result in damages or costs to a Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000) or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Sequenom Inc)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in (i) damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Five Hundred Thousand Dollars ($100,000500,000) or more; and, (ii) fines, penalties or other sanctions by any Governmental Authority, or (iii) claims for injunctive or equitable relief;

Appears in 1 contract

Samples: Loan and Security Agreement (BioAmber Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Fifty Thousand Dollars ($100,00050,000.00) or more; and

Appears in 1 contract

Samples: Loan and Security Agreement (Sunshine Heart, Inc.)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) 500,000 or more; and;

Appears in 1 contract

Samples: Loan and Security Agreement (LOCAL.COM)

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could would reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Fifty Thousand Dollars ($100,000250,000.00) or more; and;

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Three Hundred Fifty Thousand Dollars ($100,000350,000) or more; and;

Appears in 1 contract

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

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Two Hundred Thousand Dollars ($100,000200,000) or more; andand (h) Other Financial Information. Promptly, from time to time, such other information regarding Borrower or compliance with the terms of any Loan Documents as reasonably requested by Bank. 6.3

Appears in 1 contract

Samples: Loan and Security Agreement (Alpine Immune Sciences, Inc.)

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