Common use of Loan A Final Payment Clause in Contracts

Loan A Final Payment. Borrower shall pay to Horizon a payment in the amount of Two Hundred Fifty Thousand Dollars ($250,000) (the “Loan A Final Payment”) upon the earliest of (A) payment in full of the principal balance of Loan A, (B) an Event of Default and demand by the applicable Lender of payment in full of Loan A or (C) the Maturity Date applicable to Loan A, as applicable.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (Palatin Technologies Inc), Venture Loan and Security Agreement (Palatin Technologies Inc)

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Loan A Final Payment. Borrower shall pay to Horizon a payment in the amount of Two Hundred Fifty Thousand Dollars ($250,00050,000) (the “Loan A Final Payment”) upon the earliest earlier of (Ai) payment in full of the principal balance of Loan A, (Bii) an Event of Default and demand by the applicable any Lender of payment in full of Loan A or (Ciii) on the Maturity Date applicable to Loan ALoans A and B, as applicable.

Appears in 2 contracts

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

Loan A Final Payment. Borrower shall pay to Horizon a payment in the amount of Two Hundred Fifty Thousand Dollars ($250,000) (the “Loan A Final Payment”) upon the earliest earlier of (A) payment in full of the principal balance of Loan A, (B) an Event of Default and demand by the applicable any Lender of payment in full of Loan A or (C) the Loan A Maturity Date applicable to Loan ADate, as applicable.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Argos Therapeutics Inc)

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Loan A Final Payment. Borrower shall pay to Horizon a payment in the amount of Two One Hundred Fifty Thousand Dollars ($250,000100,000) (the “Loan A Final Payment”) upon the earliest earlier of (A) payment in full of the principal balance of Loan A, (B) an Event of Default and demand by the applicable Lender Horizon of payment in full of Loan A or (C) the Maturity Date applicable to Loan ADate, as applicable.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Celsion CORP)

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