Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 9 contracts
Samples: Loan and Security Agreement (BioAge Labs, Inc.), Loan and Security Agreement (Molekule Group, Inc.), Loan and Security Agreement (Singular Genomics Systems, Inc.)
Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such a Growth Capital Advance and continuing thereafter during the Interest-Only Period, Period on the first (1st) Business Day of each successive month.
Appears in 4 contracts
Samples: Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.)
Interest Only Payments. For each Supplemental Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Supplemental Growth Capital Advance and continuing thereafter during the Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 3 contracts
Samples: Loan and Security Agreement (OncoCyte Corp), Loan and Security Agreement (aTYR PHARMA INC), Loan and Security Agreement (Infinity Oil & Gas Co)
Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter during the Growth Capital Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals Inc)
Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day day of the first (1st) month following the month in which the Funding Date occurs with respect to such a Growth Capital Advance and continuing thereafter during the Interest-Only Period, Period on the first (1st) Business Day day of each successive monthmonth (each an “Interest-Only Payment Date”).
Appears in 2 contracts
Samples: Loan and Security Agreement (Airgain Inc), Loan and Security Agreement (Airgain Inc)
Interest Only Payments. For each the Supplemental Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Supplemental Growth Capital Advance and continuing thereafter during the Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Tracon Pharmaceuticals, Inc.)
Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only on each Growth Capital Advance commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the Funding Date occurs with respect to for such Growth Capital Advance occurs and continuing thereafter during the Interest-Only Period, Period on the first (1st) Business Day calendar day of each successive month.
Appears in 2 contracts
Samples: Loan and Security Agreement (Avidity Biosciences, Inc.), Loan and Security Agreement (Avidity Biosciences, Inc.)
Interest Only Payments. For each Growth Capital AdvanceAdvance made prior to the last day of the Interest-Only Period, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc)
Interest Only Payments. For each the Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such the Growth Capital Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only on the Growth Capital Advance commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such the Growth Capital Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
