Attachment; Levy; Restraint on Business. (i) The service of process seeking to attach, by trustee or similar process, any funds of a Loan Party or of any of its Subsidiaries, or (ii) a notice of Lien or levy is filed against the assets of any Loan Party or any of its Subsidiaries by any Governmental Authority, and the same under clauses (i) and (ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Expensify, Inc.), Loan and Security Agreement
Attachment; Levy; Restraint on Business. (i) The service of process seeking to attach, by trustee or similar process, any funds of a Loan Party Borrower or of any entity under the control of its SubsidiariesBorrower (including a Subsidiary), or (ii) a notice of Lien lien or levy is filed against the assets of any Loan Party or any of its Subsidiaries Borrower’s assets by any Governmental Authority, and the same under clauses subclauses (i) and (ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; or
Appears in 2 contracts
Samples: Loan and Security Agreement (Alx Oncology Holdings Inc), Loan and Security Agreement (Array Biopharma Inc)
Attachment; Levy; Restraint on Business. (i) The service of process seeking to attach, by trustee or similar process, any funds of a Loan Party Borrower or of any entity under the control of its SubsidiariesBorrower (including a Subsidiary) on deposit or otherwise maintained with Bank or any Bank Affiliate, or (ii23) a notice of Lien lien or levy is filed against the assets of any Loan Party or any of its Subsidiaries Borrower’s assets by any Governmental Authoritygovernment agency, and the same under clauses subclauses (i) and (ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; or
Appears in 1 contract
Samples: Loan and Security Agreement (Aerohive Networks, Inc)
Attachment; Levy; Restraint on Business. (a) (i) The service of process seeking to attach, by trustee or similar process, any funds of a Loan Party Borrower or of any of its SubsidiariesSubsidiary, or (ii) a notice of Lien lien or levy is filed against the assets any of any Loan Party Borrower’s or any of its Subsidiaries Subsidiaries’ assets by any Governmental Authority, and the same under clauses subclauses (i) and (ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; or
Appears in 1 contract
Samples: Contingent Convertible Debt Agreement (Achieve Life Sciences, Inc.)
Attachment; Levy; Restraint on Business. (i) The service of process seeking to attach, by trustee or similar process, any material funds of a Loan Party Borrower or of any of its SubsidiariesSubsidiary, or (ii) a notice of Lien lien or levy is filed against the assets any material portion of any Loan Party Borrower’s or any of its Subsidiaries Subsidiaries’ assets by any Governmental Authority, and the same under clauses subclauses (i) and (ii) hereof are not, within ten thirty (1030) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten thirty (1030) day cure period; oror (b)
Appears in 1 contract
Attachment; Levy; Restraint on Business. (i) The service of process seeking to attach, by trustee or similar process, any funds of a Loan Party Borrower or of any entity under the control of its SubsidiariesBorrower (including a Subsidiary), or (ii) a notice of Lien lien or levy is filed against the assets of any Loan Party or any of its Subsidiaries Borrower’s assets by any Governmental Authority, and the same under clauses subclauses (i) and (ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; oror (b)
Appears in 1 contract
Samples: Loan and Security Agreement (Alpine Immune Sciences, Inc.)
Attachment; Levy; Restraint on Business. (i) The service of process seeking to attach, by trustee or similar process, any funds of a Loan Party Borrower or of any of its SubsidiariesSubsidiary, or (ii) a notice of Lien lien or levy is filed against the assets any of any Loan Party Borrower’s or any of its Subsidiaries Subsidiaries’ assets by any Governmental Authority, and the same under clauses subclauses (i) and (ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; or
Appears in 1 contract
Attachment; Levy; Restraint on Business. (i) The service of process seeking to attach, by trustee or similar process, any funds of a Loan Party Borrower or of any entity under the control of its SubsidiariesBorrower (including a Subsidiary), or (ii) a notice of Lien lien or levy is filed against the assets of any Loan Party or any of its Subsidiaries Borrower’s assets by any Governmental Authority, and the same under clauses subclauses (i) and (ii) hereof are 5741777v2 not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; or
Appears in 1 contract
