Common use of Tranche A Commitment Clause in Contracts

Tranche A Commitment. Subject to the terms and conditions of this Loan Agreement, Lenders agree to advance to Borrowers (the “Tranche A Advances”) from time to time on or prior to April 30, 2008, one or more term loans in an aggregate principal amount of up to Ten Million Dollars ($10,000,000) (the “Tranche A Commitment”).

Appears in 2 contracts

Sources: Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Mascoma Corp)