Common use of Lenders’ Expenses Clause in Contracts

Lenders’ Expenses. The payment of all Lender’s Expenses, which may become due to Lender by Borrower hereunder shall be payable by Borrower as set forth in Section 2.3(b). Lender’s Expenses not paid when due shall bear interest as principal at the Default Rate.

Appears in 5 contracts

Samples: Loan and Security Agreement (Fluidigm Corp), Loan and Security Agreement (Fluidigm Corp), Loan and Security Agreement (Fluidigm Corp)

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Lenders’ Expenses. The payment of all Lender’s Expenses, which may become due to Lender by Borrower hereunder shall be payable by Borrower as set forth in Section 2.3(b)promptly on demand by Lender. All Lender’s Expenses not paid when due shall bear interest as principal at the Default Ratethen-applicable rate of interest.

Appears in 4 contracts

Samples: Loan and Security Agreement (GlassHouse Technologies Inc), Loan and Security Agreement (GlassHouse Technologies Inc), Loan and Security Agreement (ARYx Therapeutics, Inc.)

Lenders’ Expenses. The payment of all Lender’s 's Expenses, which may become due to Lender by Borrower hereunder shall be payable by Borrower as set forth in Section 2.3(b)promptly on demand by Lender. All Lender’s 's Expenses not paid when due shall bear interest as principal at the Default Ratethen-applicable rate of interest.

Appears in 2 contracts

Samples: Loan and Security Agreement (NxStage Medical, Inc.), Loan and Security Agreement (Combinatorx, Inc)

Lenders’ Expenses. The payment of all Lender’s Expenses, which may become due to Lender by Borrower hereunder shall be payable by Borrower as set forth in Section 2.3(b)promptly on written demand (with reasonable detail of such expenses) by Lender. All Lender’s Expenses not paid when due shall bear interest as principal at the Default Ratethen-applicable rate of interest.

Appears in 1 contract

Samples: Loan and Security Agreement (Concentric Medical Inc)

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Lenders’ Expenses. The payment of all Lender’s Expenses, which may become due to Lender by Borrower hereunder shall be payable by Borrower as set forth in Section 2.3(b). Lender’s Expenses not paid when due shall bear interest as principal at the Default Rate. 3.

Appears in 1 contract

Samples: Loan and Security Agreement

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