Interest Only Payments. 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 the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 2 contracts
Samples: Loan and Security Agreement (Glowpoint, Inc.), Unconditional Secured Guaranty and Pledge Agreement (Mandalay Digital Group, Inc.)
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day calendar day of the first (1st) month following the month in which the a Funding Date occurs with respect to the Second Supplemental Term Loan a Growth Capital Advance and continuing thereafter during the Second Supplemental 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 (Cyan Inc), Loan and Security Agreement (Cyan Inc)
Interest Only Payments. 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 the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental 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. 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 the Second Supplemental Growth Capital Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Interest Only Payments. 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 the Second Supplemental Growth Capital Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Samples: Loan and Security Agreement (Infinity Oil & Gas Co)
Interest Only Payments. Beginning November 1, 2014, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) each month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Periodthereafter, on the first (1st) Business Day of each successive month.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Xactly Corp)
Interest Only Payments. 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 the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.. 918981.5
Appears in 1 contract
Samples: Loan and Security Agreement (Digital Turbine, Inc.)
