Cash Burn. Tested monthly and calculated on a trailing six-months average, a Cash Burn of not more than the amounts shown in column B below for the corresponding reporting period in column A.
Appears in 2 contracts
Samples: Loan and Security Agreement (Enumeral Biomedical Holdings, Inc.), Loan Agreement (Enumeral Biomedical Holdings, Inc.)
Cash Burn. Tested monthly and calculated on a trailing six-months average, a Cash Burn Bum of not more than the amounts shown in column B below for the corresponding reporting period in column A.
Appears in 2 contracts
Samples: Loan and Security Agreement (Enumeral Biomedical Holdings, Inc.), Loan Agreement (Enumeral Biomedical Holdings, Inc.)