Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) the Stipulated Loss Value with respect to each Loan, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to any Loan.
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Samples: Loan and Security Agreement (Array Biopharma Inc), Loan and Security Agreement (Array Biopharma Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender Lenders (i) all accrued and unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) any accrued and unpaid interest, (iii) the Stipulated Loss Loan Value with respect to each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
Appears in 2 contracts
Samples: Equipment Loan and Security Agreement (Renovis Inc), Equipment Loan and Security Agreement (Renovis Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) the Stipulated Loss Loan Value with respect to each Loan multiplied by the Loan Amount of such Loan, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
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Mandatory Prepayment Upon an Acceleration. If the Loans are ----------------------------------------- accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender Lenders (i) all unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) the Stipulated Loss Loan Value with respect to each LoanLoan multiplied by the Loan Amount of the Loans, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to any such Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (Copper Mountain Networks Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss)Default, then Borrower shall immediately pay to Lender Lenders (i) all accrued and unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) any additional accrued and unpaid interest, (iii) the Stipulated Loss Loan Value with respect to of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
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Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all accrued and unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) any accrued and unpaid interest, (iii) the Stipulated Loss Loan Value with respect to each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Renovis Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all accrued and unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) any accrued and unpaid interest, (iii) the Stipulated Loss Loan Value with respect to of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Nuvasive Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender Lenders (i) all unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) the Stipulated Loss Loan Value with respect to each Loan multiplied by the Loan Amount of such Loan, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
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Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender Lenders (i) all accrued and unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) any accrued and unpaid interest, (iii) the Stipulated Loss Loan Value with respect to of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Egenera, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all accrued and unpaid Scheduled Payments with respect to each Loan due prior to the date of prepayment, (ii) any accrued and unpaid interest, (iii) the Stipulated Loss Loan Value with respect to of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanhereunder.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Anadys Pharmaceuticals Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default or otherwise (other than following an Event of Loss)otherwise, then Borrower shall immediately pay to Lender (i) all unpaid Scheduled Payments with respect to each Loan the Loans due prior to the date of prepayment, (ii) the Stipulated Loss Value with respect to outstanding principal amount of each Loan, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to any Loanthe Loans.
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