Common use of End of Term Payment Clause in Contracts

End of Term Payment. On the Maturity Date or on the date of the earlier prepayment of the Loans by Borrower pursuant to Section 2.6 or 2.7 or acceleration of the balance of the Loans by Lender pursuant to Section 7.1, Borrower shall pay to Lender the amount equal to 2.75% of the aggregate principal amount of the Loans in addition to all sums payable hereunder (the “End of Term Payment”).

Appears in 1 contract

Samples: Loan and Security Agreement (Supernova Partners Acquisition Co II, Ltd.)

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End of Term Payment. On the Maturity Date or on the date of the earlier prepayment of the Loans Loan by Borrower pursuant to Section 2.6 2.4 or 2.7 Section 2.5 or acceleration of the balance of the Loans Loan by Lender pursuant to Section 7.1, Borrower shall pay to Lender the amount equal to 2.75% six and 50/100 percent (6.5%) of the aggregate original principal amount of the Loans Loan in addition to all sums payable hereunder (the “End of Term Payment”)hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Augmedix, Inc.)

End of Term Payment. On the Maturity Date or on the date of the earlier prepayment of the Loans by Borrower pursuant to Section 2.5 or 2.6 or 2.7 or acceleration of the balance of the Loans by Lender pursuant to Section 7.1, Borrower shall will pay to Lender the amount equal to 2.75% of the aggregate principal amount of the Loans maturing on the applicable Maturity Date in addition to all sums payable hereunder (the “End of Term Payment”).

Appears in 1 contract

Samples: Loan and Security Agreement (Rigetti Computing, Inc.)

End of Term Payment. On the Maturity Date or on the date of the earlier prepayment of the Loans Term Loan by Borrower pursuant to Section 2.6 Sections 2.4 or 2.7 2.5 or acceleration of the balance of the Loans Term Loan by Lender pursuant to Section 7.1, Borrower shall pay to Lender the amount equal to 2.759.0% of the aggregate original principal amount of the Loans Term Loan in addition to all sums payable hereunder (the “End of Term Payment”)hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Gores Holdings VIII Inc.)

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End of Term Payment. On the Maturity Date or on the date of the earlier prepayment in full of the Loans by Borrower pursuant to Section 2.6 or Section 2.7 or acceleration of the balance of the Loans by Lender pursuant to Section 7.1, Borrower shall pay to Lender the amount equal to 2.75% two and one-half percent (2.5%) of the aggregate original principal amount of the Loans Advances actually advanced by Lender in addition to all sums payable hereunder (the “End of Term Payment”).

Appears in 1 contract

Samples: Loan and Security Agreement (Growth Capital Acquisition Corp.)

End of Term Payment. On the Maturity Date or on the date of the earlier prepayment of the Loans Loan by Borrower pursuant to Section 2.6 2.4 or 2.7 Section 2.5 or acceleration of the balance of the Loans Loan by Lender pursuant to Section 7.1, Borrower shall pay to Lender the amount equal to 2.75% six and 00/100 percent (6.0%) of the aggregate original principal amount of the Loans Loan in addition to all sums payable hereunder (the “End of Term Payment”)hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Augmedix, Inc.)

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