Common use of Correction of Loan Documents Clause in Contracts

Correction of Loan Documents. Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as Administrative Agent provides the Loan Parties with written notice of such correction and allows the Loan Parties at least ten (10) Business Days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both Administrative Agent and the Loan Parties.

Appears in 3 contracts

Samples: Loan and Security Agreement (Corbus Pharmaceuticals Holdings, Inc.), Loan and Security Agreement (Evelo Biosciences, Inc.), Loan and Security Agreement (Evelo Biosciences, Inc.)

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Correction of Loan Documents. Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as Administrative Agent provides the Loan Parties Borrowers with written notice of such correction and allows the Loan Parties Borrowers at least ten (10) Business Days days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both Administrative Agent and the Loan PartiesBorrowers.

Appears in 2 contracts

Samples: Loan and Security Agreement (Surface Oncology, Inc.), Loan and Security Agreement (Surface Oncology, Inc.)

Correction of Loan Documents. Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties parties, so long as Administrative Agent provides the Loan Parties with written notice of such correction and allows the Loan Parties at least ten (10) Business Days days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both Administrative Agent and the Loan Parties.

Appears in 2 contracts

Samples: Loan and Security Agreement (Oncorus, Inc.), Loan and Security Agreement (Aptinyx Inc.)

Correction of Loan Documents. The Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as the Administrative Agent provides the Loan Credit Parties with written notice of such correction and allows the Loan Credit Parties at least ten (10) Business Days days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both the Administrative Agent Agent, Required Lenders and the Loan Credit Parties.

Appears in 2 contracts

Samples: Loan and Security Agreement (Horizon Pharma, Inc.), Loan and Security Agreement (Horizon Pharma, Inc.)

Correction of Loan Documents. Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties parties, so long as Administrative Agent provides the Loan Parties with written notice of such correction and allows the Loan Parties at least ten (10) Business Days days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both Administrative Agent and the Loan Parties.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mind Medicine (MindMed) Inc.), Loan and Security Agreement (Acumen Pharmaceuticals, Inc.)

Correction of Loan Documents. Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as Administrative Agent provides the Loan Parties with written notice of such correction and allows the Loan Parties at least ten (10) Business Days day prior written notice to object Borrower Representative, provided that if Borrower Representative objects to such correction. In the event of such objection, such correction shall not change may be made except by only pursuant to an amendment signed by both Administrative Agent and the Loan PartiesAmendment in accordance with Section 12.9.

Appears in 1 contract

Samples: Loan and Guaranty Agreement (VBI Vaccines Inc/Bc)

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Correction of Loan Documents. Administrative Agent Agent, on behalf of Xxxxxxx, may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as Administrative Agent provides the Loan Parties Borrower with written notice of such correction and allows the Loan Parties at least ten (10) Business Days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both Administrative Agent and the Loan Parties.

Appears in 1 contract

Samples: Loan and Security Agreement (Taysha Gene Therapies, Inc.)

Correction of Loan Documents. The Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as the Administrative Agent provides the Loan Credit Parties with written notice of such correction and allows the Loan Credit Parties at least ten (10) Business Days days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both the Administrative Agent Agent, Requisite Lenders and the Loan Credit Parties.

Appears in 1 contract

Samples: Loan and Security Agreement (Horizon Pharma, Inc.)

Correction of Loan Documents. Administrative Agent may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as parties; provided that, the Administrative Agent provides the Loan Parties provide Borrowers with at least five (5) Business Days’ prior written notice of such correction and allows the Loan Parties at least ten (10) Business Days to object to such correction. In the event of any objection by Borrowers to such objectioncorrection, such correction shall not be made except solely by an amendment signed by both Administrative Agent and the Loan PartiesBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Werewolf Therapeutics, Inc.)

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