Mandatory Prepayment Upon an Acceleration. If a Term Loan 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, (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable 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 a the 2014 Term Loan 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, (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable 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 a the Term Loan Advance is Advances are 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: of (i) all outstanding principal plus accrued accrued
1. and unpaid interest, and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan 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: of (i) all outstanding principal plus and accrued and but unpaid interest, plus (ii) the applicable Prepayment Premium, (iii) the Final PaymentFee, plus (iviii) all other sums, including Bank Expenses, if any, that shall have become due and payable under the Loan Documents, including interest at the Default Rate with respect to any past due amountspayable.
Appears in 2 contracts
Sources: Loan and Security Agreement (Intermolecular Inc), Loan and Security Agreement (Intermolecular Inc)
Mandatory Prepayment Upon an Acceleration. If a Term Loan 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, (ii) the applicable Prepayment PremiumFinal Payment, (iii) the Final PaymentPrepayment Premium, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Existing Term Loan 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 under the Existing Term Loan Advance, plus accrued and unpaid interest, plus (ii) the applicable Existing Term Loan Prepayment Premium, plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interest, interest with respect to the Term Loan Advance and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, 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 a the Term Loan 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: of (i) all outstanding principal plus and accrued and but unpaid interest, plus (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, including Bank Expenses, if any, that shall have become due and payable under the Loan Documents, including interest at the Default Rate with respect to any past due amountspayable.
Appears in 2 contracts
Sources: Loan and Security Agreement (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)
Mandatory Prepayment Upon an Acceleration. If a the Term Loan 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 Premium, (iii) the Final Payment, plus and (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the 2008 Term Loan Advance is Advances are 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: of (i) all outstanding principal plus accrued and unpaid interest, (ii) the applicable Prepayment PremiumFee, and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interest, (ii) interest with respect to the applicable Prepayment Premium, Term Loan Advance and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, 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 a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, 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 a Term Loan 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: 13035731v.1
(i) all outstanding principal plus accrued and unpaid interest, ,
(ii) the applicable Prepayment Premium, plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are 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 Lender an amount equal to the sum of: (i) all outstanding principal of the Credit Extensions plus accrued and unpaid interest, (ii) the applicable Prepayment Premium, (iii) the Final Paymentinterest thereon, plus (ivii) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan Advance is Advances are accelerated by Bank in accordance with Section 9.1 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, (ii) the applicable Prepayment Premiumintentionally omitted, and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvances, 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 a the Existing Term Loan Advance is Advances are 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Existing Term Loan Advances, and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Existing Term Loan DocumentsAdvances, 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 a the Prior Term Loan Advance is accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance 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 applicable Prepayment Premium, plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, 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 a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, (ii) the applicable Prepayment PremiumFee, (iii) the Final Payment, plus Payment and (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Sources: Loan and Security Agreement (iRhythm Technologies, Inc.)
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are 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, (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus and (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan Advance is Advances are 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 Premium, as applicable, (iii) the Final Payment, plus and (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan Advance is accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance 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, (ii) the applicable Prepayment Premium, (iii) Final Payment with respect to the Final PaymentTerm Loan Advance, plus (iviii) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, 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 a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, (ii) the applicable Term Loan Prepayment Premium, Premium and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan 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, (ii) the applicable Prepayment PremiumFinal Payment, (iii) the Final PaymentPrepayment Premium, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, (ii) the applicable Prepayment Premium, if any, and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are 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, (ii) the applicable Prepayment PremiumFinal Payment, (iii) the Final PaymentPrepayment Premium, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Loans are accelerated by Bank in accordance with Section 9.1 following the occurrence and during the 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, (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, including Bank Expenses, if any, that shall have become due and payable under the Loan Documentshereunder, 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 a the Term Loan 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, (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is accelerated by Bank in accordance with Section 9.1 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 interestinterest with respect to the Term Loan Advance, and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, 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 a Term Loan 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, (ii) the applicable Prepayment Premium, plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advances, and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvances, including interest at the Default Rate with respect to any past due amounts.β
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a Term Loan 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, (ii) the applicable Prepayment PremiumFinal Payment, (iii) the Final PaymentPrepayment Premium, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the 2014 Term Loan 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, (ii) the applicable Prepayment Premium, plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a Term Loan 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, (ii) the applicable Prepayment PremiumFinal Payment, (iii) the Final Payment, Prepayment Premium plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interest, interest on the Term Loan and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance 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, (ii) the applicable Prepayment Premium, (iii) the 5741777v2 Final Payment, plus Payment and (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advances, (ii) the applicable Prepayment Premium, if applicable, and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvances, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance 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, including interest accruing at the Default Interest Rate, with respect to each Term Loan Advance to the date of such prepayment, and (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documents, including interest at the Default Rate with respect to any past due amountsthis Agreement.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan 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, (ii) the applicable Prepayment Premium, and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan Advance is Advances are 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 interestinterest under the Term Loan Advances, (ii) the applicable Prepayment Premium, if any, and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are accelerated by Bank in accordance with Section 9.1 following after 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 (iA) all outstanding principal with respect to the Term Loan Advances, plus accrued and but unpaid interest, interest (ii) including interest at the applicable Prepayment Premium, (iii) the Final Paymentdefault rate), plus (ivB) all other fees, and other sums, including Bank Expenses, if any, that shall have become due and payable under the Loan Documents, including interest at the Default Rate with respect to any past due amountshereunder.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance 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 with respect to the Term Loan Advance, plus accrued and unpaid interest, (ii) the applicable Prepayment Premium, (iiiC) the Final Payment, plus (ivD) all other sums, if any, that shall have become due and payable under hereunder in connection with the Term Loan Documents, including interest at the Default Rate with respect to any past due amountsAdvance.
Appears in 1 contract
Sources: Loan and Security Agreement (Everspin Technologies Inc)
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance 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 with respect to the Term Loan Advance, plus accrued and unpaid interest, (ii) the applicable Prepayment Premium, (iiiC) the Final Payment, plus (ivD) the Prepayment Fee, plus (E) all other sums, if any, that shall have become due and payable under hereunder in connection with the Term Loan Documents, including interest at the Default Rate with respect to any past due amountsAdvance.
Appears in 1 contract
Sources: Loan and Security Agreement (Everspin Technologies Inc)
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are 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: of (i) all outstanding principal plus accrued and unpaid interest, (ii) the applicable Prepayment Make-Whole Premium, and (iii) the Final Payment, plus (iv) all other sums, including Bank Expenses, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is accelerated by Bank in accordance with Section 9.1 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, (iiB) the applicable Prepayment PremiumFee, if applicable, (iiiC) the Final Payment, plus and (ivD) all other sums, if any, that shall have become due and payable under the Loan Documents, including interest at the Default Rate hereunder with respect to any past due amountsthe Term Loan Advance.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are 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 interestinterest with respect to the Term Loan Advances, (ii) the applicable Prepayment Premium, Fee and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvances, 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 a the Term Loan 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 PremiumFee, (iii) the Final Payment, plus and (iv) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, 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 a the Term Loan 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: of (i) all outstanding principal plus accrued and unpaid interestinterest with respect to the Term Loan Advance, (ii) the applicable Prepayment Premium, Fee and (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable under with respect to the Term Loan DocumentsAdvance, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If a the Term Loan Advance is Advances are accelerated by Bank in accordance with Section 9.1 following the occurrence and during the continuance 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, (ii) the applicable Prepayment Premium, (iii) the Final Payment, plus and (iviii) all other sums, if any, that shall have become due and payable under the Loan Documentspayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract