Mandatory Prepayment Upon an Acceleration. If the Term Advances are accelerated after the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (A) all outstanding principal of the Term Advances, plus accrued but unpaid interest (including interest at the default rate), plus (B) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable hereunder.
Appears in 3 contracts
Sources: Loan and Security Agreement (Audioeye Inc), Loan and Security Agreement (Zedge, Inc.), Loan and Security Modification Agreement (EverQuote, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated after following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (Ai) all outstanding principal of the Term Advances, plus accrued but and unpaid interest interest, (including interest at ii) the default rate)Prepayment Premium, (iii) the Final Payment, plus (Biv) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable hereunderpayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Sources: Loan and Security Agreement (Treace Medical Concepts, Inc.), Loan and Security Agreement (Treace Medical Concepts, Inc.), Loan and Security Agreement (Sunshine Heart, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Advances are Advance is accelerated after the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (A) all outstanding principal of the Term AdvancesAdvance, plus accrued but unpaid interest (including interest at the default rate), plus (B) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable hereunder.
Appears in 2 contracts
Sources: Loan and Security Agreement (Streamline Health Solutions Inc.), Loan and Security Agreement (Streamline Health Solutions Inc.)
Mandatory Prepayment Upon an Acceleration. If the 2008 Term Loan Advances are accelerated after following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (Ai) all outstanding principal of the Term Advances, plus accrued but and unpaid interest interest, (including interest at ii) the default rate)Prepayment Fee, plus and (Biii) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable hereunderpayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tremor Video Inc.), Loan and Security Agreement (Tremor Video Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Advances are Advance is accelerated after following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (Ai) all outstanding principal of the Term Advances, plus accrued but and unpaid interest interest, (including interest at ii) the default rate)Prepayment Premium, plus and (Biii) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable hereunderpayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Everyday Health, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Advances are accelerated after following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (Ai) all outstanding principal of the Term Advances, plus accrued but unpaid interest (including interest at the default rate)interest, plus (Bii) all other fees, and other sums, including Bank Expenses, if any, sums that shall have become due and payable hereunderpayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (NxStage Medical, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Advances are accelerated after following the occurrence of an Event of Default, Borrower shall immediately pay to Bank Lenders an amount equal to the sum of of: (Ai) all outstanding principal of the Term Advances, plus accrued but unpaid interest interest, (including interest at ii) the default rate)Final Payment plus (iii) the Prepayment Fee, plus (Biv) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable hereunderpayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Term Loan and Security Agreement (Intarcia Therapeutics, Inc)