Landlord's Waiver. Prior to the making of the first Term Loan, the Borrower will obtain, and will thereafter maintain in effect at all times, waivers from the owners of all premises in which any Collateral is located, such waivers to be in form and substance satisfactory to the Bank.
Appears in 2 contracts
Samples: Term Loan Agreement (Concord Communications Inc), Loan Agreement (Geltex Pharmaceuticals Inc)
Landlord's Waiver. Prior to the making of the first Term Loan, Loan the Borrower will obtain, and will thereafter maintain in effect at all times, waivers from the owners of all premises in which any material amount of Collateral is located, such waivers to be in form and substance satisfactory to the Bank.
Appears in 2 contracts
Samples: Loan Agreement (Centennial Technologies Inc), Loan Agreement (Micrion Corp /Ma/)
Landlord's Waiver. Prior To the extent required by the Bank, prior to the making of the first Term Loan, the Borrower will obtain, and will thereafter maintain in effect at all times, waivers from the owners of all premises in which any material amount of Collateral is located, such waivers to be in form and substance satisfactory to the Bank.
Appears in 1 contract
Samples: Term Loan Agreement (Arqule Inc)
Landlord's Waiver. Prior to the making date of the first Term Loan, Loan hereunder the Borrower will obtain, and will thereafter maintain in effect at all times, waivers from the owners of all premises in which any material amount of Collateral is located, such waivers to be in form and substance satisfactory to the Bank.
Appears in 1 contract
Samples: Loan Agreement (Abiomed Inc)