Common use of NEGATIVE COVENANTS Clause in Contracts

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 76 contracts

Samples: Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc)

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NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 51 contracts

Samples: Loan and Security Agreement (Silicon Image Inc), Loan and Security Agreement (Tripath Technology Inc), Loan and Security Agreement (Motive Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 43 contracts

Samples: Loan and Security Agreement (First Virtual Corp), Loan and Security Agreement (3dfx Interactive Inc), Loan and Security Agreement (Versata Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 43 contracts

Samples: Loan and Security Agreement (Headway Technologies Inc), Loan and Security Agreement (E Loan Inc), Loan and Security Agreement (Wavephore Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 31 contracts

Samples: Loan and Security Agreement (On24 Inc), Loan and Security Agreement, Loan and Security Agreement

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until full and final payment of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower will not do any of the following without Bank’s Foothill's prior written consent, which shall not be unreasonably withheld:

Appears in 26 contracts

Samples: Loan and Security Agreement (Banyan Systems Inc), Loan and Security Agreement (Action Industries Inc), Loan and Security Agreement (Cortelco Systems Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 23 contracts

Samples: Loan and Security Agreement (Xilio Therapeutics, Inc.), Loan and Security Agreement (Xilio Therapeutics, Inc.), Loan and Security Agreement (Thayer Ventures Acquisition Corp)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, such Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 10 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement, Loan and Security Agreement (Obalon Therapeutics Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsLoans, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 10 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement, Loan and Security Agreement (Integrated Packaging Assembly Corp)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 8 contracts

Samples: Loan and Security Agreement (Nuvasive Inc), Loan and Security Agreement (Spy Optic Inc), Loan and Security Agreement (Asyst Technologies Inc /Ca/)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 8 contracts

Samples: Loan and Security Agreement (Cas Medical Systems Inc), Loan and Security Agreement (Genoptix Inc), Loan and Security Agreement (Citadel Security Software Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnification obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 5 contracts

Samples: Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, no Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 5 contracts

Samples: Loan and Security Agreement (Safeguard Scientifics Inc), Loan and Security Agreement (Safeguard Scientifics Inc), Loan and Security Agreement (Safeguard Scientifics Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until full and final payment of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower will not do any of the following without Bank’s Lender's prior written consent, which shall not be unreasonably withheld:

Appears in 5 contracts

Samples: Loan Agreement (Ugly Duckling Corp), Credit Agreement (Vista Eyecare Inc), Loan and Security Agreement (Voice Powered Technology International Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 5 contracts

Samples: Loan and Security Agreement (Versata Inc), Loan and Security Agreement (Anda Networks Inc), Senior Subordinated Loan and Security Agreement (Objectspace Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank any Lender may have any commitment to make any Credit Extensions, Borrower will not do any of the following without BankAgent’s and the Required Lenders’ prior written consent, which shall not be unreasonably withheld:

Appears in 4 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s the prior written consent, which shall not be unreasonably withheldconsent of Bank:

Appears in 4 contracts

Samples: Loan and Security Agreement (N2h2 Inc), Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Novatel Wireless Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than contingent indemnification obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 4 contracts

Samples: Loan and Security Agreement (Oxford Immunotec Global PLC), Loan and Security Agreement (Oxford Immunotec Global PLC), Loan and Security Agreement (Cerus Corp)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank Lender may have any commitment to make any Credit ExtensionsExtensions hereunder, Borrower Borrowers will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 4 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 3 contracts

Samples: Loan and Security Agreement (Nutanix, Inc.), Loan and Security Agreement (Nutanix, Inc.), Loan and Security Agreement (Adept Technology Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, such Borrower will not do any of the following without the prior consent of Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 3 contracts

Samples: Loan Agreement (Safeguard Scientifics Inc), Credit Agreement (Internet Capital Group Inc), Loan Agreement (Safeguard Scientifics Inc Et Al)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s the prior written consent, which shall not be unreasonably withheldconsent of Bank:

Appears in 3 contracts

Samples: Loan and Security Agreement (Safeguard Scientifics Inc), Loan and Security Agreement (Safeguard Scientifics Inc), Loan and Security Agreement (Safeguard Scientifics Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until full and final payment of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower will not do any of the following without Bank’s Required Lender's prior written consent, which shall not be unreasonably withheld:

Appears in 3 contracts

Samples: Senior Secured Loan Agreement (Ugly Duckling Corp), Senior Secured Loan Agreement (Drivetime Automotive Group Inc), Senior Secured Loan Agreement (Ugly Duckling Corp)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full Obligations, other than contingent indemnity obligations under Section 12.2 of this Agreement, or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 3 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnification obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 3 contracts

Samples: Loan and Security Agreement (Kaleido Biosciences, Inc.), Loan and Security Agreement (GenMark Diagnostics, Inc.), Loan and Security Agreement (GenMark Diagnostics, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will shall not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 3 contracts

Samples: Loan and Security Agreement (On24 Inc.), Loan and Security Agreement (Augmedix, Inc.), Loan and Security Agreement (New Age Beverages Corp)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations and obligations that expressly survive termination) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 3 contracts

Samples: Loan and Security Agreement (Berkeley Lights, Inc.), Loan and Security Agreement (Berkeley Lights, Inc.), Loan and Security Agreement (Berkeley Lights, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not consent may be unreasonably withheldgiven or withheld in Bank's sole discretion:

Appears in 2 contracts

Samples: Loan Modification Agreement (T/R Systems Inc), Loan and Security Agreement (T/R Systems Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsExtensions and until the outstanding Obligations (other than contingent obligations for which no claim has been made) are paid in full, Borrower will shall not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldunless Bank otherwise consents in writing:

Appears in 2 contracts

Samples: Loan and Security Agreement (CS Disco, Inc.), Loan and Security Agreement (CS Disco, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Evolve Software Inc), Loan and Security Agreement (Evolve Software Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, such Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 2 contracts

Samples: Loan and Security Agreement (Media Arts Group Inc), Loan and Security Agreement (Viewlocity Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, such Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Upland Software, Inc.), Loan and Security Agreement (Upland Software, Inc.)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, each Borrower will shall not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 2 contracts

Samples: Loan and Security Agreement (Everside Health Group, Inc.), Loan Agreement (PointClickCare Corp.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations or cash collateralized obligations extending beyond the maturity) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Borrower Each Obligor covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower it will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Max International Inc), Loan and Security Agreement (Max International Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees thatagrees, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank Lender may have any commitment to make any Credit ExtensionsExtension hereunder, Borrower will not do to do, or permit any Subsidiary or Guarantor to do, any of the following without BankLender’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s the prior written consent, consent of Bank which shall not be unreasonably withheldBank may grant or withhold in its sole discretion:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Except as otherwise provided below, Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations as to which no claim has been asserted or is known to exist) are paid and satisfied in full or for so long as Bank may have any commitment to make any Credit ExtensionsExtension, Borrower will not, and will not permit any Subsidiary to, do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Seres Health, Inc.), Loan and Security Agreement (Seres Health, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, neither Borrower nor any of its Subsidiaries will not do any of the following following, without Bank’s prior written consent, which shall not be unreasonably withheldBank approval:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, without the prior written consent of the Bank, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 2 contracts

Samples: Loan and Security Agreement (Vista Medical Technologies Inc), Loan and Security Agreement (Vista Medical Technologies Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank Lender may have any commitment to make any Credit Extensions, Borrower will not do any of the following without BankLender’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, for so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Olo Inc.), Loan Agreement (PogoTec, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without the written consent of Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Pharmchem Inc), Loan and Security Agreement (Pharmchem Laboratories Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower it will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 2 contracts

Samples: Loan and Security Agreement (At Home Corp), Loan and Security Agreement (Comps Com Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ross Technology Inc), Asset Purchase Agreement (Ross Technology Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank Lender may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without BankLender’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Term Loan  and Security Agreement (Environmental Energy Services Inc), Term Loan  and Security Agreement (Blaze Energy Corp.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnification or reimbursement obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnification, reimbursement obligations or other similar obligations which, by their terms, survive termination of this Agreement) are paid in full or for so long as Bank any Lender may have any commitment to make any Credit Extensions, such Borrower will not do any of the following without BankAgent’s and the Required Lenders’ prior written consent, which shall not be unreasonably withheldwithheld or delayed:

Appears in 2 contracts

Samples: Loan and Security Agreement (Asante Solutions, Inc.), Loan and Security Agreement (Asante Solutions, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, without the prior written consent of Banks, which may be withheld in Banks' sole discretion, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as a Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 2 contracts

Samples: Loan Agreement (Intevac Inc), Loan Agreement (Centigram Communications Corp)

NEGATIVE COVENANTS. The Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank Lender may have any commitment to make any Credit Extensions, the Borrower will not shall not, and shall each Credit Party to not, do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldunless the consent or waiver of the Lender is obtained:

Appears in 2 contracts

Samples: Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, no Borrower will not do any of the following following, nor will any Borrower permit Multimedia Games, Inc. or any of the other Subsidiaries to do any of the following, without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 2 contracts

Samples: Loan and Security Agreement (Multimedia Games Inc), Loan and Security Agreement (Multimedia Games Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank Lenders may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 2 contracts

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until full and final payment of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower will not without the prior written consent of the Bank do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 1 contract

Samples: Loan Agreement (Ess Technology Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld, conditioned or delayed:

Appears in 1 contract

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

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, no Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Quovadx Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnification obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldgiven in its sole discretion:

Appears in 1 contract

Samples: Loan and Security Agreement (NTN Buzztime Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as any Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s the prior written consent, which shall not be unreasonably withheldconsent of each Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Tegal Corp /De/)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are arc paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (GLAUKOS Corp)

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NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank Lenders may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following following, without Bank’s the prior written consent, which shall not be unreasonably withheldconsent of the Requisite Lenders:

Appears in 1 contract

Samples: Loan and Security Agreement (Mti Technology Corp)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank Lender may have any commitment to make any Credit Extensions, such Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 1 contract

Samples: Loan and Security Agreement (Enservco Corp)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full Indebtedness hereunder or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s the prior written consent, which shall not be unreasonably withheldconsent of Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Pacific Ethanol, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without consent of the Bank’s prior written consent, which shall is not to be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Connetics Corp)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid payment in full or of all outstanding Obligations, and for so long as Bank Lender may have any commitment to make any Credit ExtensionsAdvances hereunder, Borrower will not do any of the following without Bank’s the prior written consentconsent of Lender; provided, which shall not be unreasonably withheldhowever, Borrower may enter into other transactions to permit the repayment of Obligations after a Lender Event of Default:

Appears in 1 contract

Samples: Loan and Security Agreement (Crossroads Systems Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsExtensions hereunder, Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheldwithheld or delayed:

Appears in 1 contract

Samples: Loan and Security Agreement (Orasure Technologies Inc)

NEGATIVE COVENANTS. Without receiving Bank’s prior written consent, Borrower hereby covenants and agrees thatagrees, for so long as any credit hereunder shall be available and until the outstanding Obligations obligations under this Agreement are paid in full or and for so long as Bank may have any commitment to make any Credit Extensionscredit extension to Borrower, Borrower will not do shall abide by, and refrain from taking any of the following without Bank’s prior written consentactions set forth in, which shall not be unreasonably withheld:Article 7 of the Loan Agreement.

Appears in 1 contract

Samples: Financing Agreement (Acorn Energy, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full (other than inchoate indemnity obligations) or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

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

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, no Borrower will not shall do any of the following without Bank’s prior written consent, which consent shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Limeade, Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s the prior written consent, consent of Bank which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Genaissance Pharmaceuticals Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid and satisfied in full full, in cash, or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Carbonite Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until full and final payment of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower will not, and will not permit any Loan Party to, do any of the following without Bank’s the Required Lenders' prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Convergent Communications Inc /Co)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following following, without the Bank’s 's prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Revolving Credit and Term (Motorvac Technologies Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:.

Appears in 1 contract

Samples: Loan and Security Agreement (Biolase Technology Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall will not be unreasonably withheldwithheld or delayed:

Appears in 1 contract

Samples: Loan and Security Agreement (Biomarin Pharmaceutical Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or that for so long as Bank may have any commitment to make any Credit ExtensionsAdvances or to extend any other credit, and until payment in full of the outstanding Obligations, no Borrower will not shall do any of the following without the express written consent of Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Uniphase Corp /Ca/)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:: ***- Portions of this page have been omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission

Appears in 1 contract

Samples: Loan and Security Agreement (LOCAL.COM)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsExtension, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 1 contract

Samples: Loan and Security Agreement (Symbollon Corp)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full (other than contingent indemnity obligations not then due and payable) or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 1 contract

Samples: Loan and Security Agreement (Sonic Solutions/Ca/)

NEGATIVE COVENANTS. Borrower covenants and agrees that, with Lender that so long as any credit hereunder shall be available and until the outstanding Obligations are paid payment in full or of all Indebtedness (except for so long as Bank may have any commitment to make any Credit Extensionsinchoate indemnity obligations), Borrower will shall not do any of the following without Bank’s prior written consentfollowing, which shall not be unreasonably withheldor enter into any agreement to do any of the following:

Appears in 1 contract

Samples: Business Loan and Security Agreement (Iridex Corp)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than inchoate indemnity Obligations) are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, no Borrower will not shall do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldfollowing:

Appears in 1 contract

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

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, neither Borrower will not do any of the following without Bank’s 's prior written consent, which shall not be unreasonably withheld, conditioned or delayed:

Appears in 1 contract

Samples: Loan and Security Agreement (Inphonic Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld, conditioned or delayed:

Appears in 1 contract

Samples: Disbursement Instructions (Vastera Inc)

NEGATIVE COVENANTS. Borrower covenants Borrowers covenant and agrees agree that, so long as any credit hereunder shall be available and until full and final payment of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower Borrowers will not do any of the following without Bank’s Lender's prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Schedules and Exhibits (Vista Eyecare Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank Lender may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without BankLender’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Credit Loan Agreement (ORBCOMM Inc.)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Safeguard Scientifics Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:consent for so long as Bank has an obligation to lend or there are any outstanding Obligations (other than inchoate indemnity obligations):

Appears in 1 contract

Samples: Loan and Security Agreement (Harmonic Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full Obligations, or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without the written consent of Bank’s prior written consent, which shall not consent may be unreasonably withheldgranted or withheld in Bank's sole discretion:

Appears in 1 contract

Samples: Loan and Security Agreement (Cortech Inc)

NEGATIVE COVENANTS. Each Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, no Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

Samples: Loan and Security Agreement (Jamdat Mobile Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following following, without Bank’s the prior written consent, which shall not be unreasonably withheldconsent of Bank:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Avanex Corp)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations (other than Surviving Obligations) are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsTerm Loans, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheld:

Appears in 1 contract

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

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until full and final payment of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsObligations, Borrower will not do any of the following without Bank’s Lender prior written consent, consent which shall not be unreasonably withheldwithhold:

Appears in 1 contract

Samples: Loan Agreement (Cartoon Acquisition, Inc.)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, neither Borrower nor any of its Subsidiaries will not do any of the following following, without Bank’s prior written consent, Bank approval (which shall not may be unreasonably withheld:granted or denied by Bank's sole and absolute discretion):

Appears in 1 contract

Samples: Loan and Security Agreement (Firstwave Technologies Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s the prior written consent, which shall not be unreasonably withheld:consent of Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Netgear Inc)

NEGATIVE COVENANTS. Borrower covenants Borrowers covenant and agrees agree that, so long as any credit hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower Borrowers will not do any of the following without Bank’s the prior written consent, which shall not be unreasonably withheldconsent of Bank:

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent, which shall not be unreasonably withheldwithheld or delayed:

Appears in 1 contract

Samples: Loan and Security Agreement (Array Biopharma Inc)

NEGATIVE COVENANTS. Borrower covenants and agrees that, that so long as any credit Credit Extension hereunder shall be available and until payment in full of the outstanding Obligations are paid in full or for so long as Bank may have any commitment to make any Credit ExtensionsAdvances, Borrower will not do any of the following without Bank’s prior the written consentconsent of Bank (and, which shall in connection therewith, Bank agrees to use reasonable efforts to respond to any such consent request by Borrower within a reasonable time period with the understanding that such agreement does not mean or imply that such consent will be unreasonably withheld:granted).

Appears in 1 contract

Samples: Loan and Security Agreement (Safeguard Health Enterprises Inc)

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