Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment or Loan to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1), (ii) make Borrower’s management available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments or Credit Extensions (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment or Term Loan reasonably may request in accordance with section 11.1 and subject to Section 11.9. Subject to the provisions of Sections 11.1 and 11.9, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan Commitment, any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Sorrento Therapeutics, Inc.), Loan and Security Agreement (Sorrento Therapeutics, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and permitted assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Alimera Sciences Inc), Loan and Security Agreement (Alimera Sciences Inc)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement, in each case subject to Section 12.8.
Appears in 2 contracts
Samples: Loan and Security Agreement (Achaogen Inc), Loan and Security Agreement (T2 Biosystems, Inc.)
Cooperation of Borrower. If necessary, Borrower Xxxxxxxx agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such LenderXxxxxx’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such LenderXxxxxx’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Neuronetics, Inc.), Loan and Security Agreement (Neuronetics, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as for any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) as Collateral Agent or such Lender may reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement, in each case subject to Section 12.8.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ardelyx, Inc.), Loan and Security Agreement (Ardelyx, Inc.)
Cooperation of Borrower. If necessarynecessary in connection with any Lender assignment permitted under Section 12.1 and upon Collateral Agent’s request, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment or Loan to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments or Credit Extensions during business hours and upon reasonable prior notice (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment or Term Loan reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.9, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan Commitment, any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Cooperation of Borrower. If necessary, Borrower Xxxxxxxx agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) as Collateral Agent or such Lender may reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement, in each case subject to Section 12.8.
Appears in 1 contract
Samples: Loan and Security Agreement (Spectrum Pharmaceuticals Inc)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and permitted assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such LenderLxxxxx’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such LenderLxxxxx’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Cooperation of Borrower. If necessary, Borrower agrees to (ia) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment or Loan to an assignee in accordance with Section 11.112.1, (provided such assignment is in accordance with section 11.1b) upon reasonable prior notice to Borrower (unless an Event of Default has occurred), (ii) make Borrower’s management available to meet with Collateral Agent and prospective participants and assignees of the Term Loan Commitments or Credit Extensions (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iiic) assist Collateral Agent or the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment or Term Loan reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the confidentiality provisions of Sections 11.1 and 11.9Section 12.9, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan Commitment, any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Avanir Pharmaceuticals, Inc.)
Cooperation of Borrower. If necessary, each Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a the Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make such Borrower’s management personnel available to meet with Collateral Agent the Lenders and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or the Lenders in the preparation of information relating to the financial affairs of such Borrower as any prospective participant or assignee of a the Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, each Borrower authorizes each Lender to disclose to any prospective participant or assignee of a the Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning such Borrower and its financial affairs which has been delivered to such Lender by or on behalf of such Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of such Borrower in connection with such Lender’s credit evaluation of such Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Senseonics Holdings, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment or Loan to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) upon reasonable prior notice to Borrower (unless an Event of Default has occurred and is continuing) make Borrower’s management available to meet with Collateral Agent the Lender and prospective participants and assignees of a Term Loan Commitments or Credit Extensions (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or the Lenders Lender in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment or Term Loan reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.9, Borrower authorizes each the Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentLoan, any and all information in such the Lender’s possession concerning Borrower and its financial affairs which has been delivered to such the Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such the Lender by or on behalf of Borrower in connection with such the Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and permitted assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) as Collateral Agent or such Lender may reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Tetraphase Pharmaceuticals Inc)
Cooperation of Borrower. If necessary, Borrower Xxxxxxxx agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a the Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent the Lenders and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a the Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a the Term Loan CommitmentCommitment (or portions thereof), any and all information in such LenderXxxxxx’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such LenderXxxxxx’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a the Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of the Term Loan Commitments Commitment, the Term Loan or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as for any prospective participant or assignee of a the Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof)Collateral Agent or such Lender may reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a the Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Restoration Robotics, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a the Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a the Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a the Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Senseonics Holdings, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and permitted assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such LenderXxxxxx’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such LenderXxxxxx’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment or Term Loan to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) upon reasonable written request and during regular business hours, make Borrower’s management available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments or Credit Extensions (which meetings shall be conducted no more often than twice once every twelve months unless an Event of Default has occurred and is continuing), and (iii) use commercially reasonable efforts to assist Collateral Agent or the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment or Term Loan reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.9, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan Commitment, any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Kezar Life Sciences, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of a Term Loan Commitments Commitment, a Term Loan or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as for any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) Collateral Agent or such Lender may reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Cardiva Medical, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment or Loan to an assignee in accordance with Section 11.1, 12.1 (provided such assignment is in accordance with section 11.112.1), (ii) make Borrower’s management available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments or Credit Extensions (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment or Term WEST\274507290.5 368986-000135 23 Loan reasonably may request in accordance with section 11.1 and subject to Section 11.9. Subject to the provisions of Sections 11.1 12.1 and 11.912.9, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan Commitment, any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Eiger BioPharmaceuticals, Inc.)
Cooperation of Borrower. If necessary, Borrower agrees to (i) execute any documents (including new Secured Promissory Notes) reasonably required to effectuate and acknowledge each assignment of a Term Loan Commitment (or portion thereof) or Term Loan (or portion thereof) to an assignee in accordance with Section 11.1, (provided such assignment is in accordance with section 11.1)12.1, (ii) make Borrower’s management personnel available to meet with Collateral Agent and prospective participants and assignees of Term Loan Commitments Commitments, the Term Loans or Credit Extensions portions thereof (which meetings shall be conducted no more often than twice every twelve months unless an Event of Default has occurred and is continuing), and (iii) assist Collateral Agent or and the Lenders in the preparation of information relating to the financial affairs of Borrower as any prospective participant or assignee of a Term Loan Commitment (or portions thereof) or Term Loan (or portions thereof) as Collateral Agent or such Lender may reasonably may request in accordance with section 11.1 and subject to Section 11.9request. Subject to the provisions of Sections 11.1 and 11.9Section 12.8, Borrower authorizes each Lender to disclose to any prospective participant or assignee of a Term Loan CommitmentCommitment (or portions thereof), any and all information in such Lender’s possession concerning Borrower and its financial affairs which has been delivered to such Lender by or on behalf of Borrower pursuant to this Agreement, or which has been delivered to such Lender by or on behalf of Borrower in connection with such Lender’s credit evaluation of Borrower prior to entering into this Agreement, in each case subject to Section 12.8.
Appears in 1 contract
Samples: Loan and Security Agreement (Arcutis Biotherapeutics, Inc.)