Common use of Maximum Term Loan Amount Clause in Contracts

Maximum Term Loan Amount. The aggregate outstanding Term Loan Advances shall not exceed the Maximum Term Loan Amount. Each Term Loan Advance of each Lender shall not exceed its respective Term Commitment. After repayment, no Term Loan Advance (or any portion thereof) may be reborrowed.

Appears in 6 contracts

Sources: Loan and Security Agreement (Senseonics Holdings, Inc.), Loan and Security Agreement (Dyne Therapeutics, Inc.), Loan and Security Agreement (Dyne Therapeutics, Inc.)

Maximum Term Loan Amount. The aggregate outstanding principal amount of Term Loan Advances shall not exceed the Maximum Term Loan Amount. Each Term Loan Advance of each Lender shall not exceed its respective Term Commitment. After repayment, no Term Loan Advance (or any portion thereof) may be reborrowed.

Appears in 1 contract

Sources: Loan and Security Agreement (Alector, Inc.)

Maximum Term Loan Amount. The initial aggregate outstanding Term Loan Advances shall not not, in the aggregate, exceed the Maximum Term Loan Amount. Each Term Loan Advance of funded by each Lender shall not exceed its respective Term Commitment. After repayment, no Term Loan Advance (or any portion thereof) may be reborrowed.

Appears in 1 contract

Sources: Loan and Security Agreement (Altimmune, Inc.)

Maximum Term Loan Amount. The aggregate outstanding 2025 Term Loan Advances shall not exceed the Maximum Term Loan Amount. Each 2025 Term Loan Advance of each Lender shall not exceed its respective Term Commitment. After repayment, no 2025 Term Loan Advance (or any portion thereof) may be reborrowed.

Appears in 1 contract

Sources: Loan and Security Agreement (Senseonics Holdings, Inc.)