Interest Only Period. For each Growth Capital Term Loan Advance, Borrower shall make monthly payments of accrued but unpaid interest only commencing on the first (1st) calendar day of the month immediately following the Funding Date of such Growth Capital Term Loan Advance and on the first (1st) calendar day of each month thereafter during the Interest-Only Period.
Appears in 3 contracts
Samples: Loan and Security Agreement (Okta, Inc.), Loan and Security Agreement (Okta, Inc.), Loan and Security Agreement (Okta, Inc.)
Interest Only Period. For each Growth Capital Term Loan Advance, Borrower shall make monthly payments of accrued but unpaid interest only with respect to the Term Loan Advance commencing on the first (1st) calendar day of the month immediately following the Funding Date of such Growth Capital the Term Loan Advance and on the first (1st) calendar day of each month thereafter during the Interest-Only Period.
Appears in 1 contract
Samples: Loan and Security Agreement (Everspin Technologies Inc)
