Common use of Termination Fee Clause in Contracts

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.50%) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 3 contracts

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

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Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an the amount equal to one and one-half of one percent Two Hundred Fifty Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$250,000), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from BankBank and no Event of Default has occurred and is continuing;

Appears in 2 contracts

Samples: Loan and Security Agreement (10x Genomics, Inc.), Loan and Security Agreement (10X Genomics, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line (if such termination occurs prior to the “Termination Fee”)first anniversary of the Effective Date, provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 2 contracts

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of One Hundred Fifty Thousand Dollars ($150,000) (i.e. one percent (1.501.00%) of Fifteen Million Dollars ($15,000,000)), if such termination occurs prior to the Revolving Line (the “Termination Fee”), Maturity Date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (ECPM Holdings, LLC), Loan and Security Agreement (ECPM Holdings, LLC)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line (the “Termination Fee”)Line, provided that no termination fee shall be charged if the credit facility hereunder Revolving Line is replaced with a new facility from Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (Adaptive Insights Inc), Loan and Security Agreement (Adaptive Insights Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of One Hundred Thousand Dollars ($100,000) (i.e. one percent (1.501.00%) of Ten Million Dollars ($10,000,000)), if such termination occurs prior to the Revolving Line (the “Termination Fee”), Maturity Date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 2 contracts

Samples: First Loan Modification and Waiver Agreement (ECPM Holdings, LLC), First Loan Modification and Waiver Agreement (ECPM Holdings, LLC)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line (the “Termination Fee”), Line; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank or Bank’s Affiliates;

Appears in 2 contracts

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

Termination Fee. Upon termination of this Agreement or the termination of with respect to the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Thousand Dollars (1.50%$100,000) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 2 contracts

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent Four Hundred Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$400,000), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (Aerohive Networks, Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.50%) of the Revolving Line (the “Termination Fee”) in an amount equal to Three Hundred Thousand Dollars ($300,000), provided that no termination fee Termination Fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 2 contracts

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent Three Hundred Thousand Dollars (1.50%$300,000) of the Revolving Line (the “Termination Fee”), ) provided that no termination fee shall be charged if (x) the credit facility hereunder is replaced with a new facility from BankBank or (y) Borrower terminates the Agreement upon the occurrence of a No Consent Event;

Appears in 2 contracts

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of One Hundred Fifty Thousand Dollars ($150,000) (i.e. one percent (1.501.00%) of Fifteen Million Dollars ($15,000,000)), if such termination occurs prior to the Revolving Line (the “Termination Fee”), Maturity Date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;” and inserting in lieu thereof the following:

Appears in 2 contracts

Samples: First Loan Modification and Waiver Agreement (ECPM Holdings, LLC), First Loan Modification and Waiver Agreement (ECPM Holdings, LLC)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half quarter of one percent (1.500.25%) of the Revolving Line (amount of the “Termination Fee”), outstanding Advance being repaid; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 2 contracts

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity first (1st) anniversary of the Effective Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), provided that no termination fee Termination Fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 2 contracts

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Fifty Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$150,000), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 2 contracts

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

Termination Fee. Upon termination the election of Borrower to terminate this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one two percent (1.502.0%) of the Revolving Line (the “Termination Fee”), provided that no termination fee Termination Fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Icad Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

Samples: Loan and Security Agreement (Frankly Inc)

Termination Fee. Upon Borrowers shall pay to Bank, upon termination of this Agreement or the termination of the Revolving Line by Borrowers for any reason prior to the Revolving Line Maturity DateDate or (ii) acceleration by Bank of the Obligations owing under the Revolving Line after an Event of Default has occurred , in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from BankLine;

Appears in 1 contract

Samples: Loan and Security Agreement (Icad Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent Eighty Thousand Dollars (1.50%$80,000) of the Revolving Line (the “Termination Fee”). Notwithstanding the foregoing, provided that no termination fee shall be charged Bank agrees to waive the Termination Fee if Bank closes on the credit facility hereunder is replaced with a new facility from Bank;refinancing and re-documentation of the Revolving Line under this Agreement under another division of Bank (in its sole and exclusive discretion).

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line (the “Termination Fee”)Line, provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one two percent (1.502.0%) of the Revolving Line (the “Termination Fee”), ) provided that no termination fee Termination Fee shall be charged if the credit facility hereunder is replaced with either a new facility from Bank;Bank or any of its Affiliates or a new syndicated facility in which Bank or any of its Affiliates acts as agent thereunder; and

Appears in 1 contract

Samples: Loan and Security Agreement (Omeros Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent Two Hundred Fifty Thousand Dollars (1.50%$250,000) of the Revolving Line (the “Termination Fee”). Notwithstanding the foregoing, provided that no termination fee shall be charged Bank agrees to waive the Termination Fee if Bank closes on the credit facility hereunder is replaced with a new facility from Bank;refinance and re-documentation of the Revolving Line under this Agreement under another division of Bank (in its sole and exclusive discretion). 42052335v6 220763.002102

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Oaktree Acquisition Corp.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (after giving effect to any increases made to the “Termination Fee”Revolving Line pursuant to Section 2.8), ; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Sprout Social, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Fifty Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$150,000), which shall be fully earned and non-refundable as of such date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (SI-BONE, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.50%i) 2.0% of the Revolving Line Maximum Dollar Amount if such termination occurs prior to the first anniversary of the Effective Date, or (ii) 1.0% of the “Termination Fee”), Maximum Dollar Amount if such termination occurs on or at any time after the first anniversary of the Effective Date provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the date that is fifteen (15) days prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-one half of one percent (1.50%) of the Revolving Line (the “Termination Fee”), Line; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Cardiovascular Systems Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line Line, in each case, for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-one half of one percent (1.50%) of the then applicable Revolving Line (the “Termination Fee”)Line, provided that no termination fee shall be charged if the credit facility hereunder Revolving Line is replaced or refinanced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), ; provided that no termination fee Termination Fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Thousand Dollars (1.50%$100,000) of the Revolving Line (the “Termination Fee”), which shall be fully earned and non-refundable as of such date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to (i) one and one-half of one percent (1.50%) of the Revolving Line (the “Termination Fee”), Line; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

Samples: Loan and Security Agreement (Radisys Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Fifty Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$150,000.00), ; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity first anniversary of the Effective Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), Line; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (RMG Networks Holding Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent Three Hundred Thousand Dollars (1.50%$300,000) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;.

Appears in 1 contract

Samples: Loan and Security Agreement (NanoString Technologies Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line if such termination occurs at any time prior to the Revolving Line Maturity Date (the “Termination Fee”), provided that no termination fee the Termination Fee shall not be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Fluidigm Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one (1) Four Hundred Thousand Dollars ($400,000) if terminated on or before November 16, 2020, or (2) Two Hundred Thousand Dollars ($200,000) if terminated on or after November 16, 2020 and one-half of one percent (1.50%) of prior to the Revolving Line (the “Termination Fee”), Maturity Date provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;.

Appears in 1 contract

Samples: Loan and Security Agreement (NanoString Technologies Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent Two Hundred Fifty Thousand Dollars (1.50%$250,000) of the Revolving Line (the “Termination Fee”). Notwithstanding the foregoing, provided that no termination fee shall be charged Bank agrees to waive the Termination Fee if Bank closes on the credit facility hereunder is replaced with a new facility from Bank;refinance and re-documentation of the Revolving Line under this Agreement under another division of Bank (in its sole and exclusive discretion).

Appears in 1 contract

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

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Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (after giving effect to any increases made to the “Termination Fee”), Revolving Line pursuant to Section 2.8) if such termination occurs prior to the first anniversary of the Effective Date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Sprout Social, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the date that is fifteen (15) days prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one three percent (1.503.00%) of the Revolving Line (the “Termination Fee”), Line; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Cardiovascular Systems Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line (the “Termination Fee”), Line; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), ; provided that no termination fee shall be charged if both (i) the credit facility hereunder is replaced with a new facility from BankBank and (ii) no Event of Default has occurred;

Appears in 1 contract

Samples: Loan and Security Agreement (iRhythm Technologies, Inc.)

Termination Fee. Upon termination of If Borrower terminates this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee (the “Termination Fee”) in an amount equal to one and one-half of one percent (1.500.50%) of the Revolving Line (the “Termination Fee”), provided that no if such termination fee shall be charged if the credit facility hereunder is replaced contemporaneous or substantially contemporaneous with a new facility from refinancing of the Revolving Line through a lender other than Bank;; and

Appears in 1 contract

Samples: Loan Modification Agreement (Appian Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Fifty Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$150,000), ; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and oneThree Hundred Seventy-half of one percent Five Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$375,000), provided that no termination fee shall be charged if the credit facility hereunder Revolving Line is replaced or refinanced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason reason, in each case prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to $[***] if such termination occurs prior to the date that is twenty-one (21) months after the Effective Date, which termination fee shall be fully earned and onenon-half refundable as of one percent (1.50%) of the Revolving Line (the “Termination Fee”), such date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Spartan Acquisition Corp. II)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and oneOne Hundred Twenty-half of one percent Five Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$125,000); provided, provided however, that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one (i) two percent (1.502.00%) of the Revolving Line (i.e. One Hundred Thousand Dollars ($100,000.00)) if such termination occurs on or prior to the “Termination Fee”First Anniversary, and (ii) one percent (1.00%) of the Revolving Line (i.e. Fifty Thousand Dollars ($50,000.00), ) if such termination occurs at any time after the First Anniversary; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Array Biopharma Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one two percent (1.502.0%) of the Revolving Line if such termination occurs prior to the first anniversary of the Effective Date, or (ii) one percent (1.0%) of the “Termination Fee”)Revolving Line if such termination occurs on or at any time after the first anniversary of the Effective Date, provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

Samples: Loan and Security Agreement (Zoom Telephonics, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Datepayment of the second Anniversary Fee pursuant to Section 2.8(b), in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Medical Transcription Billing, Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-then- owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Fifty Thousand Dollars (1.50%) of the Revolving Line (the “Termination Fee”$150,000), which shall be fully earned and non-refundable as of such date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (SI-BONE, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.50%i) if such termination occurs prior to the first anniversary of the Revolving Line Effective Date, Fifty Thousand Dollars (the “Termination Fee”$50,000.00); or (ii) Zero Dollars ($0.00), if such termination occurs on or at any time after the first anniversary of the Effective Date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason reason, in each case prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if both (i) the credit facility hereunder is replaced with a new facility from BankBank (or with respect to which Bank is the administrative agent) and (ii) no Event of Default has occurred;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line by the Borrower for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (the “Termination Fee”)Line, provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.500.50%) of the Revolving Line (the “Termination Fee”)Line, provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Sensus Healthcare, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.50%) [*] of the Revolving Line (the “Termination Fee”), ) provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Acell Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.0%) of the Revolving Line (if such termination occurs prior to the “Termination Fee”)first anniversary of the Effective Date; provided, provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;; and

Appears in 1 contract

Samples: Loan and Security Agreement (RMG Networks Holding Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent One Hundred Fifty Thousand Dollars (1.50%$150,000) of the Revolving Line (the “Termination Fee”). Notwithstanding the foregoing, provided that no termination fee shall be charged Bank agrees to waive the Termination Fee if Bank closes on the credit facility hereunder is replaced with a new facility from Bank;refinancing and re-documentation of the Revolving Line under this Agreement under another division of Bank (in its sole and exclusive discretion).

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.501.00%) of the Revolving Line (the “Termination Fee”), Line; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Cardiovascular Systems Inc)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason reason, in each case, prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and onethree-half quarters of one percent (1.500.75%) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Corindus Vascular Robotics, Inc.)

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owingthenowing, a termination fee in an amount equal to one and one-half of one percent Twenty Thousand Dollars (1.50%$20,000) of the Revolving Line (the “Termination Fee”), provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from Bank;

Appears in 1 contract

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

Termination Fee. Upon termination of this Agreement or the termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date, in addition to the payment of any other amounts then-owing, a termination fee in an amount equal to one and one-half of one percent (1.50%) of the Revolving Line (the “Termination Fee”) in an amount equal to Fifty Thousand Dollars ($50,000.00), ; provided that no termination fee shall be charged if the credit facility hereunder is replaced refinanced or re-documented with a new facility from Bank or any Affiliate of Bank;

Appears in 1 contract

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

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