Additional Advance. Subject to and upon the terms and conditions stated in this Agreement, the Bank shall advance for the account of Borrower Three Hundred Fifty Thousand and No/100 Dollars ($350,000.00) as additional indebtedness evidenced by the New Note. Such advance shall be disbursed by the Bank directly to the escrow for the Aetna Restructuring in order to satisfy Borrower's share of the funds required by Aetna as a condition to the closing of that transaction, and Borrower hereby unconditionally consents to that direct disbursement of such additional advance.
Additional Advance. Notwithstanding the provisions of Section 3.2(a), in the event that, during the term of the Loan, CURAGEN completes a public offering of shares of CURAGEN Common Stock after any portion of the Note has been converted to CURAGEN Series F Preferred Stock (the "Conversion Shares") pursuant to Section 6 of the Note, GENENTECH shall, upon the written request of CURAGEN received within thirty (30) days of such event (the "Redemption Notice"), advance to CURAGEN, under the terms of the Note and Section 3.2(a) hereof, the aggregate Redemption Price (as defined in the Certificate of Designation for the Series F Preferred Stock) of the Conversion Shares (the "Redemption Amount"). CURAGEN shall use the Redemption Amount received from GENENTECH solely for the purpose of repurchasing the Conversion Shares from GENENTECH. CURAGEN shall repurchase the Conversion Shares, and GENENTECH shall sell and deliver the Conversion Shares to CURAGEN, for a price equal to the Redemption Amount contemporaneously with the advance of the Redemption Amount.
Additional Advance. Upon the effectiveness of this Agreement, the amount of $10,000,000 shall be advanced to the Borrower under the Term Loan pursuant to the modification to the Term Loan Commitment set forth in this Amendment.
Additional Advance. Section 3 of the First Amendment to Lease is deleted in its entirety and replaced with the following: The total amount of the Additional Advance pursuant to Section 3(h) of Exhibit C shall be Seven Hundred Eighty-four Thousand Five Hundred Sixty and 00/100 Dollars ($784,560.00). The Additional Advance shall be repaid in the form of additional Rent, with interest at the rate of 10% per annum pursuant to the amortization schedule attached as Exhibit A the “Additional TI Rent”). The Additional TI Rent shall be payable beginning on the Commencement Date monthly in advance together with the payment of Base Rent and shall be included in the definition of “Rent” for all purposes under the Lease. Tenant retains the right to prepay the Additional Advance at any time, as provided in Section 3(h) of Exhibit C of Lease. The amount of such prepayment shall be the amount set forth in the amortization schedule attached as Exhibit A.
Additional Advance. Subject to the terms and conditions of this Agreement, Lenders agree to provide Borrowers, and Borrowers shall be deemed to have accepted (if and when disbursed), an additional advance in the principal sum of $92,000,000.00 (the “Additional Advance”). The Additional Advance, together with the principal amount of the Original Loan, shall be evidenced by the Note, as amended hereby, and shall be secured by the Deeds of Trust and the other Loan Documents (except those Loan Documents specifically stated to be unsecured). For avoidance of doubt, no further options remain exercisable by Borrower with respect to their Accordion Option (as defined in Section 7.20 of the Loan Agreement). The Original Loan shall be deemed consolidated with the Additional Advance to form a single indebtedness in the principal amount of $200,000,000.00 (the “Increased Committed Amount”). At no time during the term of the Loan shall the outstanding amounts owing under the Loan exceed the Increased Committed Amount. The allocation of the Increased Committed Amount between the Non-revolving Portion and the Revolving Portion shall be $120,000,000 to the Revolving Portion and $80,000,000 to the Non-revolving Portion, and any references in the Loan Documents to such terms shall be revised accordingly.
Additional Advance. (a) On the date hereof, the Bank shall make a Revolving Loan in the principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00) under Facility 2 to the Borrower.
(b) The Bank may, in its sole and absolute discretion, make additional Revolving Loans under Facility 2 to the Borrower as follows: (a) a Revolving Loan in the principal amount of One Million Two Hundred Fifty Thousand Dollars ($1,250,000.00) after receipt of the financial statements required by Section 6.1(a) for the Fiscal Quarter ending March 31, 2019 and (b) a Revolving Loan in the principal amount of One Million Two Hundred Fifty Thousand Dollars ($1,250,000.00) after receipt of the financial statements required by Section 6.1(a) for the Fiscal Quarter ending June 30, 2019. The Bank shall make each such additional Revolving Loan to the Borrower or notify the Borrower of its decision not to make such additional Revolving Loan within 15 days after the Bank’s receipt of the financial statements for such Fiscal Quarters. Notwithstanding Section 2.1(c), there shall be no cash collateral requirement for any Revolving Loans made pursuant to this Section 4. All principal amounts advanced by the Bank pursuant to this Section 4, together with accrued interest, shall be due and payable on November 1, 2019. Prior to November 1, 2019, the Borrower shall be obligated to make monthly payments of accrued interest only on Revolving Loans made under Facility 2 pursuant to this paragraph.
Additional Advance. The total amount of the Additional Advance pursuant to Section 3(h) of Exhibit C shall be Seven Hundred Seventy Thousand Six Hundred Twenty-five and 00/100 Dollars ($770,625.00). The Additional Advance shall be repaid in the form of additional Rent, with interest at the rate of 10% per annum pursuant to the amortization schedule attached as Exhibit A the “Additional TI Rent”). The Additional TI Rent shall be payable beginning on the Commencement Date monthly in advance together with the payment of Base Rent and shall be included in the definition of “Rent” for all purposes under the Lease. Tenant retains the right to prepay the Additional Advance at any time, as provided in Section 3(h) of Exhibit C of Lease. The amount of such prepayment shall be the amount set forth in the amortization schedule attached as Exhibit A.
Additional Advance. The Lender shall make available the Additional Amount, to be drawn upon by Borrower in accordance with the terms of the Loan Agreement.
Additional Advance. Upon the effectiveness of this Agreement, the amount of $3,000,000 shall be advanced to the Borrower under the Term Loan pursuant to the modification to the Term Loan Commitment set forth in this Amendment.
Additional Advance. Licensee, upon execution of this Amendment No. 3, will pay to Activision an additional, non-refundable recoupable advance in the amount of (****) for the right to distribute an additional (****) of Soldier of Fortune for the Sony PlayStation 2 console, in North America only, at the royalty rates set forth in Section 3 of this Amendment No.
