Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or agreement (other than such license or agreement entered into in the Ordinary Course of Business of Borrower), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.
Appears in 3 contracts
Sources: Loan and Security Agreement (Somaxon Pharmaceuticals, Inc.), Loan and Security Agreement (Santarus Inc), Loan and Security Agreement (Santarus Inc)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or other similar agreement (other than such license licenses for over-the-counter software or agreement entered into in technology that is commercially available to the Ordinary Course of Business of Borrowerpublic), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.
Appears in 3 contracts
Sources: Loan and Security Agreement (Northern Power Systems Corp.), Loan and Security Agreement (Wind Power Holdings Inc), Loan and Security Agreement (Wind Power Holdings Inc)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or other similar agreement (other than such commercial off-the-shelf license or agreement entered into in the Ordinary Course of Business of Borroweragreements), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial conditionBank.
Appears in 3 contracts
Sources: Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or agreement (other than such license or agreement entered into in the Ordinary Course of Business of Borrower)agreement, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.
Appears in 2 contracts
Sources: Loan and Security Agreement (Complete Genomics Inc), Loan and Security Agreement (Neurobiological Technologies Inc /Ca/)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or other similar agreement (other than such commercial off-the-shelf license or agreement entered into in the Ordinary Course of Business of Borroweragreements), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial conditionLender.
Appears in 2 contracts
Sources: Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or agreement (other than such license over-the-counter software that is commercially available to the public), the failure, breach, or agreement entered into in the Ordinary Course termination of Business of Borrower)which could reasonably be expected to cause a Material Adverse Effect, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.
Appears in 2 contracts
Sources: Loan and Security Agreement (Berkeley Lights, Inc.), Loan and Security Agreement (Berkeley Lights, Inc.)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or agreement (other than such license or agreement entered into in the Ordinary Course of Business of Borrower)agreement, Borrower shall provide written notice to Bank Lender of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.
Appears in 1 contract
Sources: Loan Agreement (Vystar Corp)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or agreement (other than such license or agreement entered into in the Ordinary Course of Business of Borrower)similar agreement, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.
Appears in 1 contract
Sources: Loan and Security Agreement (Rainmaker Systems Inc)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or agreement (other than such license or agreement entered into in outside the Ordinary Course of Business ordinary course of Borrower)’s business, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.
Appears in 1 contract