RIGHT TO INVEST. 8.1 At all times when any Secured Obligations (other than any inchoate indemnity obligations and any other obligations which, by their terms, are to survive the termination of this Agreement) shall be outstanding to Lender hereunder, Lender or its assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to Two Million Dollars ($2,000,000) on the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing.
Appears in 3 contracts
Samples: Loan and Security Agreement (Paratek Pharmaceuticals, Inc.), Loan and Security Agreement (Paratek Pharmaceuticals, Inc.), Loan and Security Agreement (Paratek Pharmaceuticals, Inc.)
RIGHT TO INVEST. 8.1 At all times when any Secured Obligations (other than any inchoate indemnity obligations and any other obligations which, by their terms, obligations) are to survive the termination of this Agreement) shall be outstanding to Lender hereunder, Lender or its assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to Two One Million Dollars ($2,000,0001,000,000.00) on the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing.
Appears in 1 contract
RIGHT TO INVEST. 8.1 At all times when any Secured Obligations (other than any inchoate indemnity obligations and any other obligations which, by their terms, are to survive the termination of this Agreement) shall be outstanding to Lender hereunder, Lender or its assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to Two Million Dollars ($2,000,000) on substantially the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing.
Appears in 1 contract
Samples: Loan and Security Agreement (Edge Therapeutics, Inc.)
