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 Thirty-One Thousand Two Hundred Fifty Dollars ($131,250) (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 that has occurred, has not been waived or cured in accordance with the terms of this Agreement and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.

Appears in 3 contracts

Sources: Venture Loan and Security Agreement (Mobia Medical, Inc.), Venture Loan and Security Agreement (Mobia Medical, Inc.), Venture Loan and Security Agreement (Mobia Medical, Inc.)

Loan B Final Payment. Borrower shall pay to the applicable Lender a payment in the amount of One Hundred Thirty-One Thousand Two Hundred Fifty Thousand Dollars ($131,250200,000) (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 that has occurred, has not been waived or cured in accordance with the terms of this Agreement and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.

Appears in 2 contracts

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

Loan B Final Payment. Borrower shall pay to Lender a payment in the amount of One Hundred ThirtySeventy-One Five Thousand Two Hundred Fifty Dollars ($131,250175,000) (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 that has occurred, has not been waived or cured in accordance with the terms of this Agreement and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.

Appears in 2 contracts

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

Loan B Final Payment. Borrower shall pay to Lender a payment in the amount of One Hundred Thirty-One Thousand Two Hundred Fifty Seventy-Two Thousand Nine Hundred Fifty-Eight and 44/100 Dollars ($131,250272,958.44) (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 that has occurred, has not been waived or cured in accordance with the terms of this Agreement 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

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

Loan B Final Payment. Borrower shall pay to Lender a payment in the amount of One Four Hundred Thirty-One Thousand Two Hundred Fifty Dollars ($131,250400,000) (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 that has occurred, has not been waived or cured in accordance with the terms of this Agreement by Lender and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.

Appears in 1 contract

Sources: Venture Loan and Security Agreement (Kodiak Robotics, Inc.)