Employee Loans. Other than as permitted pursuant to Section 7.7, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
Appears in 2 contracts
Samples: Loan and Security Agreement (Spire Global, Inc.), Loan and Security Agreement (NavSight Holdings, Inc.)
Employee Loans. Other than Except as permitted pursuant to Section 7.7hereunder, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
Appears in 2 contracts
Samples: Loan and Security Agreement (Urovant Sciences Ltd.), Loan and Security Agreement (Dermavant Sciences LTD)
Employee Loans. Other than as permitted pursuant to Section 7.7, no No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party, except as permitted by the Loan Documents.
Appears in 2 contracts
Samples: Loan and Security Agreement (Eloxx Pharmaceuticals, Inc.), Loan and Security Agreement (BiomX Inc.)
Employee Loans. Other than as permitted pursuant to Section 7.7, no No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party, other than loans under the Loan Funded Share Plan.
Appears in 2 contracts
Samples: Joinder Agreement (Mesoblast LTD), Loan and Security Agreement (Mesoblast LTD)
Employee Loans. Other than as permitted pursuant to Section 7.7Except for Permitted Investments, no Loan Party has any outstanding loans to any employee, officer or director of such a Loan Party Party, nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such a Loan Party by a third party.
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Employee Loans. Other than as permitted pursuant to Section 7.7loans constituting Permitted Investments, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party WEST\298100232.6 |US-DOCS\138581207.1138581207.7|| guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
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Employee Loans. Other than Except as permitted pursuant to Section 7.7hereunder, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (BICYCLE THERAPEUTICS PLC)
Employee Loans. Other than as permitted pursuant to Section 7.7, no No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Axovant Sciences Ltd.)
Employee Loans. Other than Except for loans constituting Permitted Investments or as permitted pursuant to Section 7.7described on Schedule 5.13, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any such Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
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Employee Loans. Other than Except as permitted pursuant to Section 7.7in clause (viii) of Permitted Investments, no Loan Party has outstanding loans to any employee, officer or director of such any Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such any Loan Party by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Nabriva Therapeutics PLC)
Employee Loans. Other than as permitted pursuant to Section 7.7loans constituting Permitted Investments, no Loan Party has any outstanding loans to any employee, officer officer, manager or director of such Loan Party Party, nor has any Loan Party guaranteed the payment of any loan made to an employee, officer officer, manager or director of such Loan Party by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (BridgeBio Pharma, Inc.)
Employee Loans. Other than as permitted pursuant to Section 7.7Except for Permitted Investments, no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
Appears in 1 contract
Samples: Loan and Security Agreement (Madrigal Pharmaceuticals, Inc.)
Employee Loans. Other than as permitted pursuant to Section 7.7, no No Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third partyThird Party, other than loans under the Loan Funded Share Plan. Confidential material omitted and filed separately with the Commission.
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Employee Loans. Other than as permitted pursuant Except for Permitted Investments (and, for the avoidance of doubt, loans under any plan sponsored by a Loan Party or to which a Loan Party contributes that is intended to be qualified under Section 7.7401(a) of the Code (“Qualified Plan Loans”)), , no Loan Party has outstanding loans to any employee, officer or director of such Loan Party nor has any Loan Party guaranteed the payment of any loan made to an employee, officer or director of such Loan Party by a third party.
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