Common use of Investor Abandonment Clause in Contracts

Investor Abandonment. Bank determines in its good faith judgment that it is the clear intention of Borrower’s current investors or prospective investors to not continue to fund Borrower in the amounts and timeframe necessary to enable Borrower to satisfy its financial obligations as they may become due and payable;

Appears in 2 contracts

Samples: Loan and Security Agreement (TRIA Beauty, Inc.), Loan and Security Agreement (TRIA Beauty, Inc.)

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Investor Abandonment. Bank determines determines, in its good faith judgment judgment, that it is the clear intention of Borrower’s current investors or prospective investors to not continue to fund Borrower in the amounts and timeframe necessary to enable Borrower to satisfy its financial obligations obligations, including the Obligations, as they may become due and payable;

Appears in 2 contracts

Samples: Loan and Security Agreement (Carbylan Therapeutics, Inc.), Loan and Security Agreement (Carbylan Therapeutics, Inc.)

Investor Abandonment. Bank determines determines, in its good faith judgment judgment, that it is the clear intention of Borrower’s current investors or prospective investors to not continue to fund Borrower in the amounts and timeframe to the extent necessary to enable Borrower to satisfy its financial obligations the Obligations as they may become due and payable;

Appears in 1 contract

Samples: Loan and Security Agreement (Sprout Social, Inc.)

Investor Abandonment. Bank determines determines, in its good faith judgment judgment, that it is the clear intention of Borrower’s current investors or prospective investors to not continue to fund Borrower in the amounts and timeframe necessary to enable Borrower to satisfy its financial obligations the Obligations as they may become due and payable;

Appears in 1 contract

Samples: Loan and Security Agreement (Eargo, Inc.)

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Investor Abandonment. Bank determines in its good faith judgment that it is the clear intention of Borrower’s current investors or prospective main investors to not continue to fund Borrower in the amounts and timeframe necessary to enable Borrower to maintain its business operations or satisfy its financial obligations the Obligations as they may become due and payable;; or

Appears in 1 contract

Samples: Loan and Security Agreement (Pandora Media, Inc.)

Investor Abandonment. Bank determines determines, in its good faith judgment business judgment, that it is the clear intention of Borrower’s current investors or prospective investors equity investors, taken as a whole, to not continue to fund the Borrower in the amounts and timeframe necessary to enable Borrower to satisfy its financial obligations the Obligations as they may become due and payable;

Appears in 1 contract

Samples: Loan and Security Agreement (Ooma Inc)

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