Common use of Pro Rata Treatment Clause in Contracts

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 38 contracts

Samples: Loan and Security Agreement (enGene Holdings Inc.), Loan and Security Agreement (Viridian Therapeutics, Inc.\DE), Loan and Security Agreement (enGene Holdings Inc.)

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Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 30 contracts

Samples: Loan and Security Agreement (Bluebird Bio, Inc.), Loan and Security Agreement (Geron Corp), Loan and Security Agreement (Sight Sciences, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 8 contracts

Samples: Loan and Security Agreement (Replimune Group, Inc.), Loan and Security Agreement (Petros Pharmaceuticals, Inc.), Loan and Security Agreement (Replimune Group, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances shall be made pro rata according to the Term Commitments of the relevant LenderLenders.

Appears in 5 contracts

Samples: Loan and Security Agreement (HilleVax, Inc.), Loan and Security Agreement (Seres Therapeutics, Inc.), Loan and Security Agreement (Phathom Pharmaceuticals, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.. 2.9

Appears in 3 contracts

Samples: Loan and Security Agreement (X4 Pharmaceuticals, Inc), Loan and Security Agreement (Tricida, Inc.), Loan and Security Agreement (Tricida, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant LenderLenders.

Appears in 2 contracts

Samples: Loan and Security Agreement (Madrigal Pharmaceuticals, Inc.), Loan and Security Agreement (Provention Bio, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances or the 2016 Term Loan Advances, as applicable, shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 2 contracts

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

Pro Rata Treatment. Each payment (including any prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 2 contracts

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

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Advances shall be made pro rata according to the Term Commitments, 2018 Term Commitments, and 2019 Term Commitments of the relevant Lender.

Appears in 2 contracts

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

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances, the 2016 Term Loan Advances, the 2017 Term Loan Advance and/or the Optional Term Loan Advance, as applicable, shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 2 contracts

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

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advance shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Spire Global, Inc.), Loan and Security Agreement (NavSight Holdings, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan shall be made pro rata according to the Term Commitments of the relevant Lender.. 2.8

Appears in 1 contract

Samples: Loan and Security Agreement (Replimune Group, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant LenderLender or the outstanding Term Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (EPIRUS Biopharmaceuticals, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.. 2.08

Appears in 1 contract

Samples: Loan and Security Agreement

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.. 38 US-DOCS\126945775.5

Appears in 1 contract

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

Pro Rata Treatment. Each payment (including any Royalty Payment, Additional Royalty Payment and/or prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Mesoblast LTD)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.. Each payment (including prepayment) on account of any fee and any reduction of the 2018 Term Loan Advances shall be made pro rata according to the 2018 Term Commitment of the relevant Lender”

Appears in 1 contract

Samples: Loan and Security Agreement (uniQure N.V.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances shall be made to each Lender pro rata according to the Term Commitments of the relevant each Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Alimera Sciences Inc)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant each Lender.

Appears in 1 contract

Samples: Note Purchase and Security Agreement (Opiant Pharmaceuticals, Inc.)

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Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Auris Medical Holding AG)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances shall be made pro rata according to the Term Commitments of the relevant Lender. Each payment (including prepayment) on account of any fee and any reduction of the 2019 Term Loan Advances shall be made pro rata according to the 2019 Term Commitment of the relevant Lender.

Appears in 1 contract

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

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan shall be made pro rata according to the aggregate Tranche I Term Loan Commitments and Tranche II Contingent Term Loan Commitments of the relevant Lender. SECTION 0.

Appears in 1 contract

Samples: Loan and Security Agreement

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.. 2.8

Appears in 1 contract

Samples: Loan and Security Agreement (G1 Therapeutics, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender. SECTION 3.

Appears in 1 contract

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

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan AdvancesAdvance shall be made pro rata according to the Term Commitments of the relevant Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (PARTS iD, Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan Advances shall be made pro rata according to the Term Commitments of the relevant Lender.. |

Appears in 1 contract

Samples: Working Capital Facility Agreement (Heron Therapeutics, Inc. /De/)

Pro Rata Treatment. Each payment (including prepayment) on account of principal, interest, any fee and any reduction of the Term Loans shall be made pro rata according to the Term Loan Commitments of the relevant Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Transenterix Inc.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Dollar Equivalent of the outstanding principal amount of the Term Commitments Loans of the relevant Lender and made directly to each Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (ProQR Therapeutics N.V.)

Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the Term Loans Loan shall be made pro rata according to the aggregate Tranche I Term Loan Commitments and Tranche II Contingent Term Loan Commitments of the relevant Lender.

Appears in 1 contract

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

Pro Rata Treatment. Each payment (including each prepayment) by the Borrowers on account of any fee principal of and any reduction of interest on the Term Loans shall be made pro rata to the Lenders according to the Term Commitments respective outstanding principal amounts of the relevant Term Loans then held by each Lender.

Appears in 1 contract

Samples: Credit Agreement (Safety Components International Inc)

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