Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest thereon, plus (ii) all amounts then due in accordance with the Fee Letter, plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 5 contracts
Sources: Loan and Security Agreement (Alto Neuroscience, Inc.), Loan and Security Agreement (Alto Neuroscience, Inc.), Loan and Security Agreement (Alto Neuroscience, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts any fees or payments then due in accordance with pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 5 contracts
Sources: Loan and Security Agreement (Metacrine, Inc.), Loan and Security Agreement (Metacrine, Inc.), Loan and Security Agreement (Metacrine, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans Advances are accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee Letter, plus
Final Payment plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 4 contracts
Sources: Term Loan and Security Agreement (A123 Systems, Inc.), Term Loan and Security Agreement (A123 Systems Inc), Term Loan and Security Agreement (A123 Systems, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (ia) all outstanding principal with respect to the Term Loan, plus accrued and unpaid interest thereon, plus
(iib) all amounts then due in accordance with the Fee LetterTerm Loan Prepayment Fee, plus
and (iiic) all other sums, including Bank Expenses, if any, that shall have become due and payable, including interest at payable hereunder in connection with the Default Rate with respect to any past due amountsTerm Loan.
Appears in 4 contracts
Sources: Loan and Security Agreement, Loan and Security Agreement (Impinj Inc), Loan and Security Agreement (Impinj Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal principal, plus any accrued and unpaid interest thereon, plus,
(ii) all amounts then due in accordance with the Fee Letter, plusPrepayment Fee,
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Sources: Loan and Security Agreement (Expensify, Inc.), Loan and Security Agreement (Expensify, Inc.), Loan and Security Agreement (Expensify, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Sources: Term Loan and Security Agreement, Term Loan and Security Agreement (Meru Networks Inc), Term Loan and Security Agreement (Meru Networks Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated by Bank following the occurrence and during the continuation continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal plus accrued and unpaid interest thereonwith respect to the Term Loan, plus
and (ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Sources: Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately pay to Agent, for the ratable benefit of Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus
(iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amountsRate, if applicable.
Appears in 3 contracts
Sources: Loan and Security Agreement (EBR Systems, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Brilliant Earth Group, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following accelerated, upon the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to the Lenders, on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share, an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereonon the Term Loans, plus
(ii) all amounts then due in accordance with the Fee LetterFinal Payment, plus
(iii) the Prepayment Fee, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Sources: Loan and Security Agreement, Loan and Security Agreement (Omeros Corp), Loan and Security Agreement (Omeros Corp)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation of an Event of DefaultDefault by Administrative Agent in accordance with Section 9.1, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Sources: Loan and Security Agreement (Neumora Therapeutics, Inc.), Loan and Security Agreement (Mind Medicine (MindMed) Inc.), Loan and Security Agreement (Mind Medicine (MindMed) Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation of an Event of Default, Borrowers shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (ia) all outstanding principal with respect to the Term Loans, plus accrued and unpaid interest thereon, plus
(iib) all amounts then due in accordance with the Prepayment Fee Letter, plus
and (iiic) all other sums, including Bank Expenses, if any, that shall have become due and payablepayable hereunder in connection with the Term Loans, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (GOOD TECHNOLOGY Corp), Loan and Security Agreement (GOOD TECHNOLOGY Corp)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation of an Event of DefaultDefault (other than following an Event of Loss), Borrowers then Borrower shall immediately pay to Lenders, an amount equal to the sum of:
Lender (i) all unpaid and remaining Interim Payments and/or Scheduled Payments with respect to the Loans outstanding principal plus accrued and unpaid interest thereondue hereunder, plus
(ii) all amounts then due in accordance with the Fee LetterFinal Payment, plus
and (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate payable hereunder with respect to any past due amountsand all Obligations.
Appears in 2 contracts
Sources: Loan and Security Agreement (Maxygen Inc), Loan and Security Agreement (Codexis Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee LetterFinal Payment, plus
(iii) the Prepayment Fee, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Spruce Biosciences, Inc.), Loan and Security Agreement (Spruce Biosciences, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterFinal Payment, plus
plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Carbylan Therapeutics, Inc.), Loan and Security Agreement (Carbylan Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee LetterFinal Payment, plus
plus (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Complete Genomics Inc), Loan and Security Agreement (Somaxon Pharmaceuticals, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and but unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payablepayable but have not been paid, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement, Loan and Security Agreement (Complete Genomics Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
plus (ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Knightscope, Inc.), Loan and Security Agreement (Solazyme Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Loan is accelerated by the Lender following the occurrence and during the continuation continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, the Lender for the account of the Lender an amount equal to the sum of:
of (i) all outstanding principal amount of the Loan plus accrued and unpaid interest thereon, plus
with respect to the Loan and (ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sumsObligations, if any, that shall have become due and payable, including interest at the Default Rate payable with respect to any past due amountsthe Loan, including L▇▇▇▇▇’s Expenses.
Appears in 2 contracts
Sources: Loan, Guaranty and Security Agreement (Hut 8 Corp.), Loan, Guaranty and Security Agreement (Hut 8 Corp.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation continuance of an Event of DefaultDefault or otherwise, Borrowers shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal with respect to the Term Loans, plus accrued and but unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee Letterin Lieu of Warrant, plus
and (iii) all other sums, including Bank Expenses, if any, that shall have become due and payablepayable hereunder, including interest at the Default Rate and any late fee due with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Modification Agreement (Northern Star Acquisition Corp.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately promptly pay to Agent, for the ratable benefit of Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus
(iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Colonnade Acquisition Corp.)
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuation of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Metabasis Therapeutics Inc)
Mandatory Prepayment Upon an Acceleration. If (x) the Loans are Loan is accelerated following the occurrence and during the continuation continuance of an Event of DefaultDefault or (y) there occurs a Change in Control, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal of the Loan plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Premium, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Guaranty Agreement (Tonix Pharmaceuticals Holding Corp.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterFinal Payment, plus
(iii) the Prepayment Fee, and (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
if applicable, plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans Obligations are accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
of (ia) all outstanding principal principal, due in connection with the Loan, plus accrued and unpaid interest thereon, plus
thereon and (ii) all amounts then due in accordance with the Fee Letter, plus
(iiib) all other sums, if any, that shall have become due and payable, including interest at payable hereunder in connection with the Default Rate with respect to any past due amountsLoan.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
of (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterTerm Loan Final Payment, plus
(iii) the Term Loan Prepayment Fee, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Cadence Pharmaceuticals Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately pay to Agent, for the ratable benefit of Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus
(iv) all other sumsoutstanding Obligations, if any, that shall have become due and payablepayable with respect to the Loans, including interest at the Default Rate with respect to any past due amountsRate, if applicable.
Appears in 1 contract
Sources: Loan and Security Agreement (Allurion Technologies Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately pay to Lenders, Bank an amount equal to the sum of:
(i) all outstanding principal plus any accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to or any past due amountslate fee, if applicable.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans Advances are accelerated following the occurrence and during the continuation of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
plus (ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, including the Prepayment Fee, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amountsprincipal.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated in accordance with the terms hereof following the occurrence and during the continuation of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Molecular Templates, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
and (ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Metabasis Therapeutics Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding payments of principal plus accrued interest due and unpaid interest thereonowing on such date and not yet paid, plus
plus (ii) all amounts then due in accordance with the Fee Letterremaining payments of principal, plus
plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Inspire Pharmaceuticals Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuation continuance of an Event of Default, Borrowers shall immediately pay to Agent, for the ratable benefit of Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereonthereon (including, without limitation, any Deferred Interest Amount), plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus
(iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amountsRate, if applicable.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Apex Bioventures Acquisition Corp)
Mandatory Prepayment Upon an Acceleration. If the Loans Advances are accelerated following the occurrence and during the continuation of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) all amounts then due in accordance with the Fee Letter, plus
Final Payment plus (iii) all other sumssums including the Prepayment Fee, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereon, plus
under the Term Loan and (ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereonon the Term Loans, plus
(ii) all amounts then due in accordance with the Fee LetterTerm Loan Prepayment Fee, plus
(iii) the Term Loan Final Payment plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Hyperion Therapeutics Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuation of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee LetterPrepayment Fee, plus
plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including Bank Expenses, if any, and interest at the Default Rate (if Bank so elects) with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are Loan is accelerated by the Lender following the occurrence and during the continuation continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, the Lender for the account of the Lender an amount equal to the sum of:
of (i) all outstanding principal amount of the Loan plus accrued and unpaid interest thereon, plus
with respect to the Loan and (ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sumsObligations, if any, that shall have become due and payable, including interest at the Default Rate payable with respect to any past due amountsthe Loan, including ▇▇▇▇▇▇’s Expenses.
Appears in 1 contract
Sources: Loan, Guaranty and Security Agreement (Gryphon Digital Mining, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated in accordance with the terms hereof following the occurrence and during the continuation of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) all amounts then due in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Molecular Templates, Inc.)