Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment Fee, (iii) the Final Payment, 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 2 contracts
Sources: Loan and Security Agreement (Pandion Therapeutics Holdco LLC), Loan and Security Agreement (Pandion Therapeutics Holdco LLC)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated 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: of (i) all outstanding principal principal, plus accrued and unpaid interestinterest thereon, plus (ii) the Prepayment Fee, Final Payment and (iii) the Final Payment, and (iv) 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 amountsTerm Loan.
Appears in 2 contracts
Sources: Loan and Security Agreement (Airgain Inc), Loan and Security Agreement (Airgain Inc)
Mandatory Prepayment Upon an Acceleration. If the 2014 Term Loan Advances are Advance is accelerated by Bank in accordance with Section 9.1 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: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the applicable Prepayment FeePremium, (iii) the Final Payment, and plus (iv) all other sums, if any, that shall have become due and payablepayable under the Loan Documents, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Blueprint Medicines Corp), Loan and Security Agreement (Blueprint Medicines Corp)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interest, plus (ii) interest with respect to the Prepayment Fee, Term Loan Advance and (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tufin Software Technologies Ltd.), Loan and Security Agreement (Tufin Software Technologies Ltd.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: of (i) all outstanding principal plus and accrued and but unpaid interest, plus (ii) the Prepayment Fee, (iii) the Final Payment, and (iv) 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 (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: of (i) all outstanding principal plus and accrued and but unpaid interest, plus (ii) the Prepayment Fee, (iii) the Final Payment, and plus (iviii) 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 a Term Loan Advances are Advance is accelerated by Bank in accordance with Section 9.1 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: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the applicable Prepayment FeePremium, (iii) the Final Payment, and plus (iv) all other sums, if any, that shall have become due and payablepayable under the Loan Documents, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Blueprint Medicines Corp), Loan and Security Agreement (Blueprint Medicines Corp)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeePremium, (iii) the Final Payment, 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 2 contracts
Sources: Loan and Security Agreement (Frequency Therapeutics, Inc.), Loan and Security Agreement (Trevi Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated 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: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the applicable Prepayment FeePremium (if any), plus (iii) the Final Payment, 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 2 contracts
Sources: Mezzanine Loan and Security Agreement (Ooma Inc), Mezzanine Loan and Security Agreement (Ooma Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated following the occurrence and continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: of (i) all outstanding principal plus and accrued and but unpaid interest, plus (ii) the Prepayment Fee, plus (iii) the Final Payment, and (iv) 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 (Intermolecular Inc), Loan and Security Agreement (Intermolecular Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interest, plus (ii) interest with respect to the Prepayment Fee, (iii) the Final PaymentTerm Loan Advance, and (ivii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Loan and Security Agreement (Lantronix Inc), Loan and Security Agreement (Lantronix Inc)
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeeFinal Payment, (iii) the Final PaymentPrepayment Premium, and 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, Loan and Security Agreement (Axsome Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interest, plus interest with respect to the Term Loan Advance and (ii) the Prepayment Fee, (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Sources: Contingent Convertible Debt Agreement (BigCommerce Holdings, Inc.), Contingent Convertible Debt Agreement (BigCommerce Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: of (i) all outstanding principal plus accrued accrued
1. and unpaid interest, plus and (ii) the Prepayment Fee, (iii) the Final Payment, 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 2 contracts
Sources: Loan and Security Agreement (Tremor Video Inc.), Loan and Security Agreement (Tremor Video Inc.)
Mandatory Prepayment Upon an Acceleration. If the Existing Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal under the Existing Term Loan Advance, plus accrued and unpaid interest, plus (ii) the Existing Term Loan Prepayment FeePremium, plus (iii) the Final Payment, 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 2 contracts
Sources: Loan and Security Agreement (Basis Global Technologies, Inc.), Loan and Security Agreement (Basis Global Technologies, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances Loans are accelerated following the occurrence and continuance of an Event of DefaultDefault or otherwise, Borrower Borrowers shall immediately pay to 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, plus (ii) the Prepayment Fee, (iii) the Final Payment, and (iv) 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 Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeePremium, (iii) the Final Payment, and 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
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Lender following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of: of (i) all outstanding principal plus accrued and unpaid interest, plus (ii) interest with respect to the Prepayment Fee, (iii) the Final PaymentTerm Loan Advance, and (ivii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Mezzanine Loan and Security Agreement (Lantronix Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment Fee, (iii) the Final Payment, 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
Sources: Loan and Security Agreement (Collegium Pharmaceutical, Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interestinterest under the Term Loan Advances, plus (ii) the Prepayment FeePremium, (iii) the Final Paymentif any, and (iviii) 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 Loan Advances are accelerated by Lender following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advances, plus (ii) the Prepayment Fee, (iii) the Final Paymentintentionally omitted, and (iviii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Mezzanine Loan and Security Agreement (BigCommerce Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Existing Term Loan Advances are accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interest, plus (ii) interest with respect to the Prepayment Fee, (iii) the Final PaymentExisting Term Loan Advances, and (ivii) all other sums, if any, that shall have become due and payablepayable with respect to the Existing Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Procore Technologies, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, plus (ii) the Term Loan Prepayment Fee, Premium and (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, 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 Loan Advances are accelerated following the occurrence of an Event of DefaultDefault or otherwise, then Borrower shall will immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus and all accrued and but unpaid interest, plus (ii) including interest accruing at the Prepayment FeeDefault Interest Rate, (iii) with respect to each Term Loan Advance to the Final Paymentdate of such prepayment, and (ivii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate payable with respect to any past due amountsthis Agreement.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the applicable Prepayment FeePremium, (iii) the Final Payment, 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
Sources: Loan and Security Agreement (Satsuma Pharmaceuticals, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeeFinal Payment, (iii) the Final PaymentPrepayment Premium, and 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
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeeFinal Payment, (iii) the Final Payment, and Prepayment Premium 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
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: of (i) all outstanding principal plus accrued and unpaid interest, plus interest on the Term Loan and (ii) the Prepayment Fee, (iii) the Final Payment, 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 Term Loan Advances are accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advances, plus (ii) the Prepayment FeePremium, (iii) the Final Paymentif applicable, and (iviii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advances, 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 Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeeFinal Payment, (iii) the Final PaymentPrepayment Premium, and 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 (Apellis Pharmaceuticals, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, plus (ii) the Prepayment FeePremium, (iii) the Final Paymentif any, and (iviii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, 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 Loan Advances are accelerated following after the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: of (iA) all outstanding principal with respect to the Term Loan Advances, plus accrued and but unpaid interestinterest (including interest at the default rate), plus (ii) the Prepayment Fee, (iii) the Final Payment, and (ivB) all other fees, and 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 amountspayable hereunder.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment Fee, if applicable, plus (iii) the Final Payment, 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 Term Loan Advances are accelerated by Bank pursuant to Section 9.1 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: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeePremium, (iii) the Final Payment, and plus (iv) all other sums, if any, that shall have become due and payablepayable hereunder, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Ocata Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interestinterest under the Term Loan Advances, plus (ii) the Prepayment Fee, (iii) the Final Payment, and (iviii) 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 Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of: (i) all outstanding principal of the Credit Extensions plus accrued and unpaid interestinterest thereon, plus (ii) the Prepayment Fee, (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payable, including Lender Expenses or interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Bridge Loan and Security Agreement (PTC Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Prior Term Loan Advances are is accelerated following the occurrence of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal under the Prior Term Loan, plus accrued and unpaid interest, plus (ii) the Prepayment FeePremium, plus (iii) the Final Payment, 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 a Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeePremium, plus (iii) the Final Payment, 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 Term Loan Advances are Advance is accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, plus (ii) the Prepayment Fee, Fee and (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, 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 Loan Advances are Advance is accelerated following the occurrence and during the continuation of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, plus (ii) the Prepayment FeeFinal Payment with respect to the Term Loan Advance, plus (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (Xenon Pharmaceuticals Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated following the occurrence of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of: of (iA) all accrued and unpaid interest with respect to the Term Loan Advance through the date the prepayment is made, plus (B) all outstanding principal plus accrued and unpaid interestwith respect to the Term Loan Advance, plus (ii) the Prepayment Fee, (iiiC) the Final Payment, and plus (ivD) 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 amountsTerm Loan Advance.
Appears in 1 contract
Sources: Loan and Security Agreement (Everspin Technologies Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated following the occurrence of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interestinterest under the Term Loan, plus (ii) the Prepayment FeePremium, (iii) the 5741777v2 Final Payment, Payment 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 Term Loan Advances are accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interest, plus (ii) interest with respect to the Prepayment Fee, (iii) the Final PaymentTerm Loan Advances, and (ivii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.β
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated following the occurrence of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of: of (iA) all accrued and unpaid interest with respect to the Term Loan Advance through the date the prepayment is made, plus (B) all outstanding principal plus accrued and unpaid interestwith respect to the Term Loan Advance, plus (iiC) the Final Payment, plus (D) the Prepayment Fee, plus (iii) the Final Payment, and (ivE) 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 amountsTerm Loan Advance.
Appears in 1 contract
Sources: Loan and Security Agreement (Everspin Technologies Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated 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: of (i) all outstanding principal principal, plus accrued and unpaid interestinterest thereon, plus (ii) the Prepayment Fee, Final Payment and (iii) the Final Payment, and (iv) all other sums, if any, sums 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 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: of (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment Fee, (iii) the Final PaymentMake-Whole Premium, and (iviii) 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 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Bank following the occurrence and during the continuance of an Event of DefaultDefault in accordance with Section 9.1, Borrower shall immediately pay to Bank an amount equal to the sum of: of (iA) all outstanding principal principal, due hereunder with respect to the Term Loan Advance, plus accrued and unpaid interestinterest thereon, plus (iiB) the Prepayment Fee, if applicable, (iiiC) the Final Payment, and (ivD) 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 amountsthe Term Loan Advance.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advances are Advance is accelerated 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: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeeFinal Payment, (iii) the Final PaymentPrepayment Premium, and 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 (Selecta Biosciences Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are Advance is accelerated by Bank 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: of (i) all outstanding principal plus accrued and unpaid interest, plus (ii) interest with respect to the Prepayment Fee, (iii) the Final PaymentTerm Loan Advance, and (ivii) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advance, including any Prepayment Fee then due and any interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (New Age Beverages Corp)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, interest plus (ii) the Prepayment Fee, (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect applicable to any past due amountssuch sum.
Appears in 1 contract
Sources: Loan Agreement (Affimed N.V.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are is accelerated by Bank 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: of (i) all outstanding principal plus and accrued and unpaid interestinterest with respect to the Term Loan, plus (ii) the Prepayment Fee, Premium and (iii) the Final Payment, and (iv) 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 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated by Bank 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: (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advances, plus (ii) the Prepayment Fee, Fee and (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payablepayable with respect to the Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (BigCommerce Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeePremium, as applicable, (iii) the Final Payment, 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
Sources: Loan and Security Agreement (KORU Medical Systems, Inc.)
Mandatory Prepayment Upon an Acceleration. If the 2014 Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment FeePremium, plus (iii) the Final Payment, 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 Term Loan Advances are Advance is accelerated 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: (i) all outstanding principal plus accrued and unpaid interest, plus (ii) the Prepayment Fee, (iii) the Final PaymentPremium, and (iviii) 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 (Motus GI Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the a Term Loan Advances are Advance is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: 13035731v.1
(i) all outstanding principal plus accrued and unpaid interest, plus ,
(ii) the Prepayment FeePremium, plus (iii) the Final Payment, 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