Common use of Conditions to Second Borrowing Clause in Contracts

Conditions to Second Borrowing. The obligation of each Lender to make a Loan as part of a second Borrowing is subject to the following conditions precedent:

Appears in 6 contracts

Samples: Term Loan Agreement (Decipher Biosciences, Inc.), Term Loan Agreement (Decipher Biosciences, Inc.), Term Loan Agreement (Decipher Biosciences, Inc.)

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Conditions to Second Borrowing. The obligation of each Lender to make a Loan as part of a second Borrowing is subject to the following conditions precedent, which shall have been satisfied or waived in writing by the Lenders:

Appears in 5 contracts

Samples: Term Loan Agreement (Strongbridge Biopharma PLC), Term Loan Agreement (Biodelivery Sciences International Inc), Term Loan Agreement (Biodelivery Sciences International Inc)

Conditions to Second Borrowing. The obligation of each Lender to make a Loan as part of a one second Borrowing is subject to the following conditions precedent, which shall have been satisfied or waived in writing by the Majority Lenders:

Appears in 2 contracts

Samples: Term Loan Agreement (Omeros Corp), Term Loan Agreement (Omeros Corp)

Conditions to Second Borrowing. The obligation of each Lender to make a Loan as part of a second the Second Borrowing is subject to hereunder shall not become effective until the following conditions precedentprecedent shall have been satisfied or waived in writing by the Majority Lenders:

Appears in 1 contract

Samples: Term Loan Agreement (TriVascular Technologies, Inc.)

Conditions to Second Borrowing. The obligation of each Lender to make a Loan as part of a second Borrowing is are subject to the following conditions precedent, which shall have been satisfied or waived in writing by the Lenders:

Appears in 1 contract

Samples: Term Loan Agreement (Cardiome Pharma Corp)

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Conditions to Second Borrowing. The obligation of each Lender to make a Loan as part of a the second Borrowing is subject to the following conditions precedent, which shall have been satisfied or waived in writing by the Lenders:

Appears in 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

Conditions to Second Borrowing. The obligation of each Lender to make a Loan as part of a second subsequent Borrowing is subject to the following conditions precedent:

Appears in 1 contract

Samples: Term Loan Agreement (Avinger Inc)

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