Common use of Credit Facilities Clause in Contracts

Credit Facilities. Subject to the terms and conditions hereof, each Lender, severally, but not jointly, agrees to make available to Borrower Credit Extensions in respect of each Credit Facility set forth opposite such Lender’s name on the Credit Facility Schedule, in each case not to exceed such Lender’s commitment as identified on the Credit Facility Schedule (such commitment of each Lender, as it may be amended to reflect assignments made in accordance with this Agreement or terminated or reduced in accordance with this Agreement, its “Applicable Commitment”, and the aggregate of all such commitments of all Lenders, the “Applicable Commitments”).

Appears in 11 contracts

Samples: Credit and Security Agreement (STRATA Skin Sciences, Inc.), Credit and Security Agreement (Mannkind Corp), Credit and Security Agreement (Recursion Pharmaceuticals, Inc.)

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Credit Facilities. Subject to the terms and conditions hereof, each Lender, severally, but not jointly, agrees to make available to Borrower Credit Extensions in respect of each Credit Facility set forth opposite such Lender’s name on the Credit Facility Schedule, in each case not to exceed such Lender’s commitment as identified on the Credit Facility Schedule (such commitment of each Lender, as it may be amended to reflect assignments made in accordance with this Agreement or terminated or reduced in accordance with this Agreement, its “Applicable Commitment”, and the aggregate of all such commitments of all Lenderscommitments, the “Applicable Commitments”).

Appears in 8 contracts

Samples: Credit and Security Agreement (Flexion Therapeutics Inc), Credit, Security and Guaranty Agreement (Cardiome Pharma Corp), Credit and Security Agreement (ZS Pharma, Inc.)

Credit Facilities. Subject to the terms and conditions hereof, each Lender, severally, but not jointly, agrees to make available to Borrower Credit Extensions in respect of each Credit Facility set forth opposite such LenderXxxxxx’s name on the Credit Facility Schedule, in each case not to exceed such LenderXxxxxx’s commitment as identified on the Credit Facility Schedule (such commitment of each Lender, as it may be amended to reflect assignments made in accordance with this Agreement or terminated or reduced in accordance with this Agreement, its “Applicable Commitment”, and the aggregate of all such commitments of all Lenderscommitments, the “Applicable Commitments”). As of the Closing Date, Lenders have agreed to make available to Borrower one Credit Facility of $30,000,000 to be advanced in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Biodelivery Sciences International Inc)

Credit Facilities. Subject to the terms and conditions hereof, each Lender, severally, but not jointly, agrees to make available to Borrower Credit Extensions in respect of each Credit Facility set forth opposite such Lender’s name on the Credit Facility Schedule, in each case not to exceed such Lender’s commitment as identified on the Credit Facility Schedule (such commitment of each Lender, as it may be amended to reflect assignments made in accordance with this Agreement or terminated or reduced in accordance with this Agreement, its “Applicable Commitment”, and the aggregate of all such commitments of all Lenderscommitments, the “Applicable Commitments”). As of the Closing Date, Lenders have agreed to make available to Borrower one Credit Facility of $20,000,000 to be advanced in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Biodelivery Sciences International Inc)

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Credit Facilities. Subject to the terms and conditions hereof, each Lender, severally, but not jointly, agrees to make available to Borrower Credit Extensions in respect of each Credit Facility set forth opposite such Lender’s name on the Credit Facility Schedule, in each case not to exceed such Lender’s commitment as identified on the Credit Facility Schedule (such commitment of each Lender, as it may be amended to reflect assignments made in accordance with this Agreement or terminated or reduced in accordance with this Agreement, its “Applicable Commitment”, and the aggregate of all such commitments of all Lenderscommitments, the “Applicable Commitments”).. Midcap / Quotient / Amended and Restated Credit Agreement 1

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (Quotient LTD)

Credit Facilities. Subject to the terms and conditions hereof, each Lender, severally, but not jointly, agrees to make available to Borrower Credit Extensions in respect of each Credit Facility set forth opposite such Lender’s 's name on the Credit Facility Schedule, in each case not to exceed such Lender’s 's commitment as identified on the Credit Facility Schedule (such commitment of each Lender, as it may be amended to reflect assignments made in accordance with this Agreement or terminated or reduced in accordance with this Agreement, its "Applicable Commitment", and the aggregate of all such commitments of all Lenders, the "Applicable Commitments").

Appears in 1 contract

Samples: Credit and Security Agreement (STRATA Skin Sciences, Inc.)

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