Common use of Consent of Inbound Licensors Clause in Contracts

Consent of Inbound Licensors. Prior to entering into or becoming bound by any license or other similar agreement (other than licenses for over-the-counter software or technology that is commercially available to the public), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.

Appears in 3 contracts

Samples: Loan and Security Agreement (Northern Power Systems Corp.), Loan and Security Agreement (Wind Power Holdings Inc), Loan and Security Agreement (Wind Power Holdings Inc)

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Consent of Inbound Licensors. Prior to entering into or becoming bound by any material license or other similar agreement (other than licenses for overcommercial off-the-counter software or technology that is commercially available to the publicshelf license agreements), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial conditionBank.

Appears in 3 contracts

Samples: Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.)

Consent of Inbound Licensors. Prior to entering into or becoming bound by any material inbound license or other similar agreement (other than licenses for over-the-counter software such license or technology that is commercially available to agreement entered into in the publicOrdinary Course of Business of Borrower), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.

Appears in 3 contracts

Samples: Loan and Security Agreement (Somaxon Pharmaceuticals, Inc.), Loan and Security Agreement (Santarus Inc), Loan and Security Agreement (Santarus Inc)

Consent of Inbound Licensors. Prior to entering into or becoming bound by any material license or other similar agreement (other than licenses for overcommercial off-the-counter software or technology that is commercially available to the publicshelf license agreements), Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial conditionLender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.)

Consent of Inbound Licensors. Prior to entering into or becoming bound by any license or other similar agreement (other than licenses for over-the-counter software or technology that is commercially available to the public)agreement, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.

Appears in 2 contracts

Samples: Loan and Security Agreement (Complete Genomics Inc), Loan and Security Agreement (Neurobiological Technologies Inc /Ca/)

Consent of Inbound Licensors. Prior to entering into or becoming bound by any inbound license or other similar agreement (other than licenses for over-the-counter software or technology that is commercially available to the public), the failure, breach, or termination of which could reasonably be expected to cause a Material Adverse Effect, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.

Appears in 2 contracts

Samples: Loan and Security Agreement (Berkeley Lights, Inc.), Loan and Security Agreement (Berkeley Lights, Inc.)

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Consent of Inbound Licensors. Prior to entering into or becoming bound by any material license or other similar agreement (other than licenses for over-the-counter software or technology that is commercially available to the public)agreement, Borrower shall provide written notice to Bank Lender of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.

Appears in 1 contract

Samples: Loan Agreement (Vystar Corp)

Consent of Inbound Licensors. Prior to entering into or becoming bound by any license or other similar agreement (other than licenses for over-the-counter software or technology that is commercially available to outside the public)ordinary course of Borrower’s business, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.

Appears in 1 contract

Samples: Loan and Security Agreement (Upek Inc)

Consent of Inbound Licensors. Prior to entering into or becoming bound by any material license or other similar agreement (other than licenses for over-the-counter software or technology that is commercially available to the public)agreement, Borrower shall provide written notice to Bank of the material terms of such license or agreement with a description of its likely impact on Borrower’s business or financial condition.

Appears in 1 contract

Samples: Loan and Security Agreement (Rainmaker Systems Inc)

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