Growth Capital Advances. Subject to Section 2.5(b), the principal amount outstanding under the Growth Capital Advances shall accrue interest at a floating per annum rate equal to the greater of (i) three quarters of one percentage point (0.75%) above the Prime Rate, or (ii) five and one half percentage points (5.50%), which interest shall, in each case, be payable monthly in accordance with Section 2.5(d) below.
Appears in 4 contracts
Samples: Loan and Security Agreement (Weave Communications, Inc.), Loan and Security Agreement (Weave Communications, Inc.), Loan and Security Agreement (Weave Communications, Inc.)
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating fixed per annum rate equal to the greater of (i) three quarters six and one- half of one percentage point percent (0.75%) above the Prime Rate, or (ii) five and one half percentage points (5.506.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.3(f) below.
Appears in 3 contracts
Samples: Loan and Security Agreement (FireEye, Inc.), Loan and Security Agreement (FireEye, Inc.), Loan and Security Agreement (FireEye Inc)
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of three percentage points (i) three quarters of one percentage point (0.753.0%) above the Prime Rate, or (ii) five and one half percentage points (5.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.3(f) below.
Appears in 3 contracts
Samples: Loan and Security Agreement (Acacia Communications, Inc.), Loan and Security Agreement (Acacia Communications, Inc.), Loan and Security Agreement (Acacia Communications, Inc.)
Growth Capital Advances. Subject to Section 2.5(b2.2(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating fixed per annum rate equal to the greater of (i) three quarters of one percentage point (0.75%) above the Prime Rate, or (ii) five four and one half percentage points percent (5.504.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d) belowmonthly.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals Inc)
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating fixed per annum rate equal to the greater of either (iA) three quarters the Prime Rate (fixed as of one percentage point the Funding Date of each Growth Capital Advance), plus two percent (0.752.00%) above the Prime Rate, or (iiB) five and one half percentage points six percent (5.506.00%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.3(f) below.
Appears in 2 contracts
Samples: Loan and Security Agreement (eASIC Corp), Loan and Security Agreement (eASIC Corp)
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of (i) three quarters of one percentage point (0.75%) above the Prime Rate, or (ii) five and one half percentage points (5.50%)interest, which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.3(d) below, at a fixed per annum rate equal to four and three quarters percent (4.75%).
Appears in 2 contracts
Samples: Loan and Security Agreement (Tubemogul Inc), Loan and Security Agreement (Tubemogul Inc)
Growth Capital Advances. Subject to Section 2.5(b2.6(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of three percentage points (i) three quarters of one percentage point (0.753.00%) above the Prime Rate, or (ii) five and one half percentage points (5.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.6(d) below.
Appears in 2 contracts
Samples: Loan and Security Agreement (Twist Bioscience Corp), Loan and Security Agreement (Twist Bioscience Corp)
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating fixed per annum rate equal to the greater of (iA) the Basic Rate or (B) three quarters of one percentage point and sixty-five-hundredths percent (0.75%) above the Prime Rate, or (ii) five and one half percentage points (5.503.65%), fixed on the Funding Date for such Growth Capital Advance, which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d) belowmonthly.
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Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of two and three-quarters percentage points (i) three quarters of one percentage point (0.752.75%) above the Prime Rate, or (ii) five and one half percentage points (5.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d) belowmonthly.
Appears in 1 contract
Growth Capital Advances. Subject to Section 2.5(b2.2(b), the principal amount outstanding under the of each Growth Capital Advances Advance shall accrue interest at a floating fixed per annum rate equal to the greater of (i) three quarters four and one quarter of one percentage point points (0.754.25%) above the Prime Rate, or (ii) five and one half percentage points (5.50%)Rate determined by Bank as of the applicable Funding Date of such Growth Capital Advance, which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.2(e) below.
Appears in 1 contract
Samples: Loan and Security Agreement (Eleven Biotherapeutics, Inc.)
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of one and three-quarters percentage points (i) three quarters of one percentage point (0.751.75%) above the Prime Rate, or (ii) five and one half percentage points (5.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d) belowmonthly.
Appears in 1 contract
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest, which interest shall be payable monthly in arrears as set forth in Section 2.4(f), at a floating per annum rate equal to the greater of (i) three quarters of one percentage point 10.78% and (0.75ii) 800 basis points (8.00%) above the Prime Rate, or Treasury Rate as of the date three (ii3) five and one half percentage points (5.50%), which interest shall, in each case, be payable monthly in accordance with Section 2.5(d) belowdays prior to such Growth Capital Advance.
Appears in 1 contract
Samples: Loan and Security Agreement (Zonare Medical Systems Inc)
Growth Capital Advances. Subject to Section 2.5(b2.2(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating fixed per annum rate equal to the greater of (i) three quarters of one percentage point (0.75%) above the Prime Rate, or (ii) five six and one half percentage points percent (5.506.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d) belowmonthly.
Appears in 1 contract
Samples: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.)
Growth Capital Advances. Subject to Section 2.5(b2.2(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of (i) three three-quarters of one percentage point percent (0.75%) above the Prime Rate, Rate or (ii) five four and one half percentage points one-quarter percent (5.504.25%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d) belowmonthly.
Appears in 1 contract
Growth Capital Advances. Subject to Section 2.5(b2.6(b), the principal amount outstanding under the each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of (iA) three quarters two and one-half of one percentage point percent (0.752.50%) above the Prime Rate, or (iiB) five and three quarters of one half percentage points percent (5.505.75%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.6(d) below.
Appears in 1 contract
Growth Capital Advances. Subject to Section 2.5(b), the outstanding principal amount outstanding under of the Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of (i) three quarters of one percentage point (0.75%) above the Prime Rate, or (ii) five and one half percentage points (5.50%), which interest shall, in each case, . Interest shall be payable monthly in accordance with Section 2.5(d) below.
Appears in 1 contract
Samples: Loan and Security Agreement (Grove Collaborative Holdings, Inc.)
Growth Capital Advances. Subject to Section 2.5(b2.6(b), the principal amount outstanding under the each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of (iA) three quarters and one-half of one percentage point percent (0.753.50%) above the Prime Rate, or (iiB) five six and one-half of one half percentage points percent (5.506.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.6(d) below.
Appears in 1 contract
Samples: Loan and Security Agreement (Sandbridge Acquisition Corp)
Growth Capital Advances. Subject to Section 2.5(b2.6(b), the principal amount outstanding under the each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of (iA) three quarters four and one-half of one percentage point percent (0.754.50%) above the Prime Rate, or (iiB) five seven and one-half of one half percentage points percent (5.507.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.6(d) below.
Appears in 1 contract
Samples: Loan and Security Agreement (Sandbridge Acquisition Corp)
Growth Capital Advances. Subject to Section 2.5(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall continue to accrue interest at a floating per annum rate fixed as of the Funding Date of each such Growth Capital Advance equal to the greater of (iA) three the Prime Rate plus three-quarters of one percentage point percent (0.75%) above the Prime Rate, or (iiB) five eight and one-half of one half percentage points percent (5.508.50%), which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d2.5(e) below.
Appears in 1 contract
Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding under the for each Growth Capital Advances Advance shall accrue interest at a floating per annum rate equal to the greater of (i) three quarters of one percentage point (0.75%) above Prime Rate plus the Prime Rate, or (ii) five and one half percentage points (5.50%)Applicable Margin, which interest shall, in each case, shall be payable monthly in accordance with Section 2.5(d) belowmonthly.
Appears in 1 contract
Samples: Loan and Security Agreement (Nebula Caravel Acquisition Corp.)