Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 2 contracts
Sources: Loan and Security Agreement (Glowpoint, Inc.), Merger Agreement (Mandalay Digital Group, Inc.)
Interest Only Payments. For each Term Loan Advance, Borrower shall make monthly payments of accrued interest-only commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental such Term Loan Advance and continuing thereafter during the Second Supplemental Interest-Only Period, Period on the first (1st) Business Day calendar day of each successive month.
Appears in 2 contracts
Sources: Loan and Security Agreement (Alpine Immune Sciences, Inc.), Loan and Security Agreement (Alpine Immune Sciences, Inc.)
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the a Funding Date occurs with respect to the Second Supplemental Term Loan a Growth Capital Advance and continuing thereafter during the Second Supplemental Interest-Only Period, Period on the first (1st) Business Day calendar day of each successive month.
Appears in 2 contracts
Sources: Loan and Security Agreement (Cyan Inc), Loan and Security Agreement (Cyan Inc)
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals Inc)
Interest Only Payments. Borrower shall make monthly payments of interest-only on each Growth Capital Advance commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the Funding Date for such Growth Capital Advance occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, Period on the first (1st) Business Day calendar day of each successive month.
Appears in 2 contracts
Sources: Loan and Security Agreement (Avidity Biosciences, Inc.), Loan and Security Agreement (Avidity Biosciences, Inc.)
Interest Only Payments. Borrower shall make monthly payments of interest-only on each Term Loan Advance commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental for such Term Loan Advance occurs and continuing thereafter during the Second Supplemental Interest-Only Period, Period on the first (1st) Business Day calendar day of each successive month.
Appears in 2 contracts
Sources: Loan and Security Agreement (Avidity Biosciences, Inc.), Loan and Security Agreement (Avidity Biosciences, Inc.)
Interest Only Payments. Borrower shall make monthly payments of interest-accrued interest only commencing on June 1, 2019 and continuing on the first (1st) Business Day calendar day of the first (1st) each successive month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Sources: Loan and Security Agreement (Sunesis Pharmaceuticals Inc)
Interest Only Payments. Beginning November 1, 2014, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) each month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Periodthereafter, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Sources: Mezzanine Loan and Security Agreement (Xactly Corp)
Interest Only Payments. For each Term Loan Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the Funding Date occurs with respect to of the Second Supplemental applicable Term Loan Advance occurs and continuing thereafter during the Second Supplemental Interest-Only Period, Period on the first (1st) Business Day calendar day of each successive month.
Appears in 1 contract
Sources: Loan and Security Agreement (Ariosa Diagnostics, Inc.)
Interest Only Payments. Borrower shall make monthly payments of interest-accrued interest only commencing on the first (1st) Business Day calendar day of the first (1st) month immediately following the month in which the Funding Date occurs with respect to the Second of a Supplemental Term Loan Growth Capital Advance and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day calendar day of each successive monthmonth thereafter during the Supplemental Interest-Only Period.
Appears in 1 contract
Interest Only Payments. For each Term Loan Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, Period on the first (1st) Business Day calendar day of each successive month.
Appears in 1 contract
Sources: Loan and Security Agreement (Ariosa Diagnostics, Inc.)
Interest Only Payments. Borrower shall make monthly payments of interest-accrued interest only commencing on the first (1st) Business Day calendar day of the first (1st) month immediately following the month in which the Funding Date occurs with respect to the Second Supplemental of a Growth Capital Term Loan Advance and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day calendar day of each successive monthmonth thereafter during the Interest-Only Period.
Appears in 1 contract
Interest Only Payments. For each Term Loan Advance, Borrower shall make monthly payments of accrued interest-only commencing on the first (1st) Business Day calendar day of the first (1st) month immediately following the month in which the Funding Date occurs with respect to the Second Supplemental such Term Loan Advance and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day calendar day of each successive monthmonth during the Interest-Only Period.
Appears in 1 contract
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Growth Capital Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Growth Capital Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Sources: Loan and Security Agreement (Infinity Oil & Gas Co)