Common use of Loan B Final Payment Clause in Contracts

Loan B Final Payment. Borrower shall pay to Lender a payment in the amount of One Hundred Seventy-Five Thousand Dollars ($175,000) (the “Loan B Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan B, (B) an Event of Default and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.

Appears in 2 contracts

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

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Loan B Final Payment. Borrower shall pay to the applicable Lender a payment in the amount of One Two Hundred Seventy-Five Thousand Dollars ($175,000200,000) (the “Loan B Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan B, (B) an Event of Default and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.

Appears in 2 contracts

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

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Loan B Final Payment. Borrower shall pay to Lender a payment in the amount of One Two Hundred Seventy-Five Two Thousand Nine Hundred Fifty-Eight and 44/100 Dollars ($175,000272,958.44) (the “Loan B Final Payment”) upon the earlier of (Ai) payment in full of the principal balance of Loan B, (Bii) an Event of Default and demand by Lender of payment in full of Loan B or (Ciii) on the Loan B Maturity Date, as applicable.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Xtera Communications, Inc.)

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