Consent of Inbound Licensors. Prior to entering into or becoming bound by any material license or agreement (in which the aggregate value is at least Two Hundred Fifty Thousand Dollars ($250,000)), the Borrower shall provide written notice to Agent of the material terms of such license or agreement with a description of its likely impact on the Borrower’s business or financial condition.
Appears in 3 contracts
Sources: Revolving Credit and Term Loan Agreement (Inogen Inc), Revolving Credit and Term Loan Agreement (Inogen Inc), Revolving Credit and Term Loan Agreement (Rocket Fuel Inc.)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or agreement (with a value in which the aggregate value is at least Two Hundred excess of Fifty Thousand Dollars ($250,000)50,000), the Borrower shall provide written notice to Agent Bank of the material terms of such license or agreement with a description of its likely impact on the Borrower’s business or financial condition.
Appears in 2 contracts
Sources: Loan and Security Agreement (Vocera Communications, Inc.), Loan and Security Agreement (Vocera Communications, Inc.)
Consent of Inbound Licensors. Prior to entering into or becoming bound by any material license or agreement (in which the aggregate value is at least Two Hundred Fifty Thousand One Million Dollars ($250,0001,000,000)), the Borrower shall provide written notice to Agent of the material terms of such license or agreement with a description of its likely impact on the Borrower’s business or financial condition.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Rocket Fuel Inc.)