Common use of Conditions of Initial Borrowing and Purchase of Warrants Clause in Contracts

Conditions of Initial Borrowing and Purchase of Warrants. This Agreement shall become effective upon and the obligation of each Lender to make its portion of the Loans to be advanced on the Closing Date hereunder and to purchase the Warrants is subject to satisfaction of the following conditions precedent:

Appears in 4 contracts

Samples: Credit Agreement (Recro Pharma, Inc.), Credit Agreement (Recro Pharma, Inc.), Credit Agreement (Kala Pharmaceuticals, Inc.)

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Conditions of Initial Borrowing and Purchase of Warrants. This Agreement shall become effective upon and the obligation of each Lender to make its portion of the Loans to be advanced Term Loan on the Closing Date hereunder and to purchase the Warrants is subject to satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Verenium Corp), Credit Agreement (Verenium Corp)

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Conditions of Initial Borrowing and Purchase of Warrants. This Agreement shall become effective upon and the obligation of each Lender to make its portion of the Loans Term Loan to be advanced on the Closing Date hereunder and to purchase the Warrants is subject to satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Lpath, Inc), Credit Agreement (Relypsa Inc)

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