Accrued Final Payment Sample Clauses
Accrued Final Payment. The fully-earned, non-refundable accrued, as of the Third Amendment Effective Date, portion of the Final Payment, due in connection with the Original Term Loan, in the aggregate amount of Three Hundred Six Thousand Twenty-Six Dollars and 49/100 ($306,026.49) (the “Original Term Loan Accrued Final Payment”), payable to the Lenders in accordance with their respective Pro Rata Shares (as determined immediately prior to the Third Amendment Effective Date) and due on the Third Amendment Effective Date. For the sake of clarity, the Original Term Loan Accrued Final Payment shall not reduce the Final Payment otherwise due in connection with Section 2.5(c) hereof.”
4. The following defined terms hereby are added to, or amended and restated, as applicable, in, Section 13.1 of the Agreement, as follows:
Accrued Final Payment. The accrued portion of the Final Payment (as defined in the Original Agreement) in an amount equal to One Hundred Twenty Four Thousand Six Hundred Eighty Eight and 15/100 Dollars ($124,688.15) to Oxford, in its capacity as a Lender, and One Hundred Thirty Five Thousand Eight Hundred Fifty Six and 05/100 Dollars ($135,856.05) to SVB (the “Accrued Final Payment”) on the Effective Date;
Accrued Final Payment. On the Effective Date, the Accrued Final Payment, of which $164,201.34 shall be paid to Oxford and $122,202.03 shall be paid to Horizon;
Accrued Final Payment. The accrued portion of the Final Payment under the Original Agreement in an amount equal to Twenty Four Thousand Nine Hundred and 80/100 Dollars ($24,900.80) payable to Oxford and Eleven Thousand Six Hundred Sixty Six and 29/100 Dollars ($11,666.29) payable to SVB on the Effective Date. For the avoidance of doubt, prepayment fees under the Original Agreement are hereby waived by Lenders.