Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 55 contracts
Samples: Loan and Security Agreement (RedBall Acquisition Corp.), Loan and Security Agreement (Kaleido Biosciences, Inc.), Loan and Security Agreement (RedBall Acquisition Corp.)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 18 contracts
Samples: Loan and Security Agreement (PARTS iD, Inc.), Loan and Security Agreement (Petros Pharmaceuticals, Inc.), Loan and Security Agreement (Paratek Pharmaceuticals, Inc.)
Employee Loans. Except for Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 12 contracts
Samples: Loan and Security Agreement (Axsome Therapeutics, Inc.), Loan and Security Agreement (Tarsus Pharmaceuticals, Inc.), Loan and Security Agreement (Axsome Therapeutics, Inc.)
Employee Loans. Except as permitted hereunder, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 8 contracts
Samples: Loan and Security Agreement (Geron Corp), Loan and Security Agreement (Viridian Therapeutics, Inc.\DE), Loan and Security Agreement (Lucira Health, Inc.)
Employee Loans. Other than loans constituting Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 8 contracts
Samples: Loan and Security Agreement (Arcus Biosciences, Inc.), Loan and Security Agreement (Gritstone Bio, Inc.), Loan and Security Agreement (Gritstone Bio, Inc.)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party, other than as permitted under clause (viii) of the definition of “Permitted Investments”.
Appears in 5 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Plug Power Inc), Loan and Security Agreement (Plug Power Inc)
Employee Loans. Other than loans constituting Permitted Investments, no Borrower has no any outstanding loans to any employee, officer officer, manager or director of the Borrower a Borrower, nor has a Borrower guaranteed the payment of any loan made to an employee, officer officer, manager or director of the such Borrower by a third party.
Appears in 5 contracts
Samples: Loan and Security Agreement (BridgeBio Pharma, Inc.), Loan and Security Agreement (BridgeBio Pharma, Inc.), Loan and Security Agreement (BridgeBio Pharma, Inc.)
Employee Loans. Except as permitted as a Permitted Investment, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 4 contracts
Samples: Loan and Security Agreement (Aldeyra Therapeutics, Inc.), Loan and Security Agreement (Concert Pharmaceuticals, Inc.), Loan and Security Agreement (Concert Pharmaceuticals, Inc.)
Employee Loans. Except for loans constituting Permitted Investments or as described on Schedule 5.13, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 4 contracts
Samples: Loan and Security Agreement (Sight Sciences, Inc.), Loan and Security Agreement (Senseonics Holdings, Inc.), Working Capital Facility Agreement (Heron Therapeutics, Inc. /De/)
Employee Loans. Other than Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 4 contracts
Samples: Loan and Security Agreement (G1 Therapeutics, Inc.), Loan and Security Agreement (G1 Therapeutics, Inc.), Loan and Security Agreement (G1 Therapeutics, Inc.)
Employee Loans. Except as described on Schedule 5.13, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 4 contracts
Samples: Loan and Security Agreement (Century Therapeutics, Inc.), Loan and Security Agreement (Century Therapeutics, Inc.), Loan and Security Agreement (Immune Pharmaceuticals Inc)
Employee Loans. Except for loans constituting Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 4 contracts
Samples: Loan and Security Agreement (Bluebird Bio, Inc.), Loan and Security Agreement (Oak Street Health, Inc.), Loan and Security Agreement (Oak Street Health, Inc.)
Employee Loans. Borrower Xxxxxxxx has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 3 contracts
Samples: Loan and Security Agreement (enGene Holdings Inc.), Loan and Security Agreement (enGene Holdings Inc.), Loan and Security Agreement (Tricida, Inc.)
Employee Loans. Except for Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 3 contracts
Samples: Loan and Security Agreement (Intelepeer Inc), Loan and Security Agreement (Intelepeer Inc), Loan and Security Agreement (Intelepeer Inc)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third partyparty except as permitted hereunder.
Appears in 3 contracts
Samples: Loan and Security Agreement (Disc Medicine, Inc.), Loan and Security Agreement (Replimune Group, Inc.), Loan and Security Agreement (Replimune Group, Inc.)
Employee Loans. Except as permitted as a Permitted Investment, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 2 contracts
Samples: Loan and Security Agreement (Merrimack Pharmaceuticals Inc), Loan and Security Agreement (Cerulean Pharma Inc.)
Employee Loans. Borrower has The Borrowers have no outstanding loans to any employee, officer or director of the any Borrower nor has any Borrower guaranteed the payment of any loan made to an employee, officer or director of the any Borrower by a third party.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amyris, Inc.), Loan and Security Agreement (Amyris, Inc.)
Employee Loans. Other than loans that constitute Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 2 contracts
Samples: Loan and Security Agreement (ChemoCentryx, Inc.), Loan and Security Agreement (ChemoCentryx, Inc.)
Employee Loans. Except for Permitted Investments, no Borrower has no any outstanding loans to any employee, officer or director of the Borrower any Borrower, nor has any Borrower guaranteed the payment of any loan made to an employee, officer or director of the any Borrower by a third party.
Appears in 2 contracts
Samples: Loan and Security Agreement (INSMED Inc), Loan and Security Agreement (Insmed Inc)
Employee Loans. No Borrower has no outstanding loans to any employee, officer or director of the such Borrower nor has such Borrower guaranteed the payment of any loan made to an employee, officer or director of the such Borrower by a third party, except for such guarantees for travel expenses or other business expenses in the ordinary course of business that may be provided by a third party (e.g. corporate credit card).
Appears in 2 contracts
Samples: Loan and Security Agreement (Glori Acquisition Corp.), Loan and Security Agreement (Glori Energy Inc.)
Employee Loans. Except as permitted by Section 7.6, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Constellation Pharmaceuticals Inc)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third partyparty of more than $100,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Quatrx Pharmaceuticals Co), Loan and Security Agreement (Quatrx Pharmaceuticals Co)
Employee Loans. Except for Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.. 5.14
Appears in 1 contract
Samples: Loan and Security Agreement (Concert Pharmaceuticals, Inc.)
Employee Loans. No Borrower has no outstanding loans to any employee, officer or director of the such Borrower nor has any Borrower guaranteed the payment of any loan made to an employee, officer or director of the such Borrower by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Proteostasis Therapeutics, Inc.)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party, other than advances for expenses made in the ordinary course of business.
Appears in 1 contract
Samples: Loan and Security Agreement (Rockwell Medical, Inc.)
Employee Loans. Borrower has and each of its Subsidiaries have no outstanding loans to any employee, officer or director of the Borrower or Subsidiary nor has have Borrower or Subsidiary guaranteed the payment of any loan made to an employee, officer or director of the Borrower or Subsidiary by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Spring Bank Pharmaceuticals, Inc.)
Employee Loans. No Borrower has no any outstanding loans to any employee, officer or director of the Borrower any Borrower, nor has any Borrower guaranteed the payment of any loan made to an employee, officer or director of the any Borrower by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Anthera Pharmaceuticals Inc)
Employee Loans. Except with respect to reimbursement of expenses of employees, officers or directors in the ordinary course of business, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Memory Pharmaceuticals Corp)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party, except with respect to 401(k) or other employee benefit plans or arrangements.
Appears in 1 contract
Employee Loans. Except for loans constituting Permitted Investments or as described on Schedule 5.13, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Akero Therapeutics, Inc.)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party, greater than $50,000 in the aggregate.
Appears in 1 contract
Samples: Loan and Security Agreement (Rubicon Technology, Inc.)
Employee Loans. No Borrower has no any outstanding loans to any employee, officer or director of the such Borrower nor has any Borrower guaranteed the payment of any loan made to an employee, officer or director of the any Borrower by a third party.
Appears in 1 contract
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower or any of its Subsidiaries nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower or any of its Subsidiaries by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Auris Medical Holding AG)
Employee Loans. Except as set forth on Schedule 5.13, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 1 contract
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third partyparty except as set forth on Schedule 5.13.
Appears in 1 contract
Samples: Loan and Security Agreement (Plures Technologies, Inc./De)
Employee Loans. Other than Permitted Investments, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.. 5.14
Appears in 1 contract
Samples: Loan and Security Agreement (G1 Therapeutics, Inc.)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party, except in each case to the extent permitted by Section 7.8.
Appears in 1 contract
Samples: Loan and Security Agreement (Ocz Technology Group Inc)
Employee Loans. Except for Permitted Investments disclosed in Schedule 5.13, Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Dynavax Technologies Corp)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.party except as permitted hereunder. 5.14
Appears in 1 contract
Samples: Loan and Security Agreement (Replimune Group, Inc.)
Employee Loans. Borrower has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party, in each case except as permitted under this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Cell Therapeutics Inc)
Employee Loans. Other than Permitted Investments, such Borrower has no outstanding loans to any employee, officer or director of the such Borrower nor has such Borrower guaranteed the payment of any loan made to an employee, officer or director of the such Borrower by a third party.
Appears in 1 contract