Common use of Investor Abandonment Clause in Contracts

Investor Abandonment. If Lender determines in its good faith judgment, that it is the clear intention of Borrower’s investors not to continue to fund the Borrower in the amounts and within the timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable.

Appears in 5 contracts

Samples: Security Agreement, Security Agreement (Ambit Biosciences Corp), Security Agreement (Ambit Biosciences Corp)

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Investor Abandonment. If Lender Lenders determines in its their good faith judgment, that it is the clear intention of Borrower’s investors not to continue to fund the Borrower in the amounts and within the timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable.

Appears in 3 contracts

Samples: Venture Loan and Security Agreement, Venture Loan and Security Agreement (Ambit Biosciences Corp), Venture Loan and Security Agreement (Ambit Biosciences Corp)

Investor Abandonment. If Lender determines in its reasonable good faith judgment, that it is the clear intention of Borrower’s investors not to continue to fund the Borrower in the amounts and within the timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (CVRx, Inc.), Venture Loan and Security Agreement (Celsion CORP)

Investor Abandonment. If Lender Lenders determines in its their reasonable good faith judgment, that it is the clear intention of Borrower’s investors not to continue to fund the Borrower in the amounts and within the timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (eASIC Corp), Venture Loan and Security Agreement (eASIC Corp)

Investor Abandonment. If Lender determines determines, in its good faith judgment, that it is the clear intention of Borrower’s investors to not to continue to fund the Borrower in the amounts and within the timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable.

Appears in 1 contract

Samples: Business Financing Agreement (Kana Software Inc)

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Investor Abandonment. If any Lender determines in its reasonable good faith judgment, that it is the clear intention of BorrowerBorrower Representative’s investors not to continue to fund the Borrower Representative in the amounts and within the timeframe necessary to enable each Co-Borrower to satisfy the Obligations as they become due and payable.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Stealth BioTherapeutics Corp)

Investor Abandonment. If Lender determines in its reasonable good faith judgment, that it is the clear intention of BorrowerBorrower Representative’s investors not to continue to fund the Borrower Representative in the amounts and within the timeframe necessary to enable any Co-Borrower to satisfy the Obligations as they become due and payable; if Lender makes this determination, it shall provide Borrower Representative with notice in writing and give Co-Borrowers reasonable opportunity to obtain alternative financing.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Castle Creek Biosciences, Inc.)

Investor Abandonment. If Any Lender determines in its good faith judgment, that it is the clear intention of Borrower’s investors to not to continue to fund the Borrower in the amounts and within the timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (MAP Pharmaceuticals, Inc.)

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