Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders obligation to lend the undisbursed portion of the Commitment Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ sole election, the occurrence of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination Date.
Appears in 6 contracts
Samples: Security Agreement, Security Agreement (Enphase Energy, Inc.), Security Agreement (Enphase Energy, Inc.)
Termination of Commitment to Lend. Notwithstanding anything to the contrary in the Loan Operative Documents, the Lenders Lender's obligation to lend the undisbursed portion of the Commitment Credit Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ sole election, the occurrence of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination Date.
Appears in 3 contracts
Samples: Loan and Security Agreement (Shaman Pharmaceuticals Inc), Lease Agreement (Virologic Inc), Subordination Agreement (Packeteer Inc)
Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders each Lender’s obligation to lend the undisbursed portion of the Commitment Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ sole election, the occurrence of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination DateDate or as set forth in Section 2.8.
Appears in 2 contracts
Samples: Loan and Security Agreement (Asure Software Inc), Equipment Loan and Security Agreement (Beyond Meat, Inc.)
Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders Lender’s obligation to lend the undisbursed portion of the Commitment Amount Commitment, if any, to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ Lender’s sole election, the occurrence and continuance of any Default or Event of Default hereunderhereunder (including, but not limited to, Section 8.4 hereof), and (ii) the applicable Commitment Termination Date.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Knightscope, Inc.)
Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders Lender’s obligation to lend the undisbursed portion of the Commitment Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ Lender’s sole election, the occurrence and continuance of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Riverbed Technology, Inc.)
Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders ; Lender's obligation to lend the undisbursed portion of the Commitment Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ Lender's sole election, the occurrence and continuance of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination Date.
Appears in 1 contract
Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders each respective Lender’s obligation to lend the undisbursed portion of the its Commitment Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ sole election, the occurrence of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination Date.
Appears in 1 contract
Termination of Commitment to Lend. Notwithstanding anything to the contrary in the Loan Documents, the Lenders Lenders’ obligation to lend the undisbursed any portion of the Commitment Credit Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ sole election, the occurrence of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination Date, subject to reduction of the Commitments as set forth in clause (e) and clause (f) of this Section 2.2.
Appears in 1 contract
Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders each Lender’s obligation to lend the undisbursed portion of the Commitment Amount to Borrower Borrowers hereunder shall terminate on the earlier of (i) at the Required Lenders’ sole election, the occurrence of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination DateDate or as set forth in Section 2.8.
Appears in 1 contract
Samples: Loan and Security Agreement (Grove Collaborative Holdings, Inc.)
Termination of Commitment to Lend. Notwithstanding anything in to the Loan contrary to the Operative Documents, the Lenders obligation to lend the undisbursed portion of the Commitment Credit Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ sole election, the occurrence of any Default or Event of Default hereunder, hereunder and (ii) the applicable ii)the Commitment Termination Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Netscreen Technologies Inc)
Termination of Commitment to Lend. Notwithstanding anything in the Loan Documents, the Lenders Lenders’ obligation to lend the undisbursed portion of the Commitment Amount to Borrower hereunder shall terminate on the earlier of (i) at the Required Lenders’ each Lender’s sole election, the occurrence of any Default or Event of Default hereunder, and (ii) the applicable Commitment Termination Date.
Appears in 1 contract
Samples: Loan and Security Agreement (MAP Pharmaceuticals, Inc.)
