Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest thereon, plus (ii) any fees or payments then due pursuant to the Fee Letter, plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 5 contracts
Samples: Loan and Security Agreement (Metacrine, Inc.), Loan and Security Agreement (Metacrine, Inc.), Loan and Security Agreement (Metacrine, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuance continuation of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) any fees or payments all amounts then due pursuant to in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 5 contracts
Samples: Loan and Security Agreement (Alto Neuroscience, Inc.), Loan and Security Agreement (Alto Neuroscience, Inc.), Loan and Security Agreement (Alto Neuroscience, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee Letter, plus
Final Payment plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 4 contracts
Samples: Term Loan and Security Agreement (A123 Systems, Inc.), Term Loan and Security Agreement (A123 Systems Inc), Term Loan and Security Agreement (A123 Systems, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (ia) all outstanding principal with respect to the Term Loan, plus accrued and unpaid interest thereon, plus
(iib) any fees or payments then due pursuant to the Fee LetterTerm Loan Prepayment Fee, plus
and (iiic) all other sums, including Bank Expenses, if any, that shall have become due and payable, including interest at payable hereunder in connection with the Default Rate with respect to any past due amountsTerm Loan.
Appears in 4 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Impinj Inc), Loan and Security Agreement (Impinj Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Samples: Term Loan and Security Agreement, Term Loan and Security Agreement (Meru Networks Inc), Term Loan and Security Agreement (Meru Networks Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers shall immediately pay to Agent, for the ratable benefit of Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus
(iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amountsRate, if applicable.
Appears in 3 contracts
Samples: Loan and Security Agreement (EBR Systems, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Brilliant Earth Group, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal principal, plus any accrued and unpaid interest thereon, plus,
(ii) any fees or payments then due pursuant to the Fee Letter, plusPrepayment Fee,
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Samples: Loan and Security Agreement (Expensify, Inc.), Loan and Security Agreement (Expensify, Inc.), Loan and Security Agreement (Expensify, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterFinal Payment, plus
plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Carbylan Therapeutics, Inc.), Loan and Security Agreement (Carbylan Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, including Bank Expenses, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Loan is accelerated by the Lender following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, the Lender for the account of the Lender an amount equal to the sum of:
of (i) all outstanding principal amount of the Loan plus accrued and unpaid interest thereon, plus
with respect to the Loan and (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sumsObligations, if any, that shall have become due and payable, including interest at the Default Rate payable with respect to any past due amountsthe Loan, including Lxxxxx’s Expenses.
Appears in 2 contracts
Samples: Loan, Guaranty and Security Agreement (Hut 8 Corp.), Loan, Guaranty and Security Agreement (Hut 8 Corp.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
plus (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Intermolecular Inc), Loan and Security Agreement (Intermolecular Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee LetterFinal Payment, plus
plus (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.), Loan and Security Agreement (Tracon Pharmaceuticals Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans Term Loan Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (i) all outstanding principal plus accrued accrued
1. and unpaid interest thereoninterest, plus
and (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tremor Video Inc.), Loan and Security Agreement (Tremor Video Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee LetterFinal Payment, plus
(iii) the Prepayment Fee, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Spruce Biosciences, Inc.), Loan and Security Agreement (Spruce Biosciences, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuance of an Event of DefaultDefault (other than following an Event of Loss), Borrowers then Borrower shall immediately pay to Lenders, an amount equal to the sum of:
Lender (i) all unpaid and remaining Interim Payments and/or Scheduled Payments with respect to the Loans outstanding principal plus accrued and unpaid interest thereondue hereunder, plus
(ii) any fees or payments then due pursuant to the Fee LetterFinal Payment, plus
and (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate payable hereunder with respect to any past due amountsand all Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Maxygen Inc), Loan and Security Agreement (Codexis Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and but unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payablepayable but have not been paid, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Complete Genomics Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
plus (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Knightscope, Inc.), Loan and Security Agreement (Solazyme Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers shall immediately pay to Lenders, Bank an amount equal to the sum of:
of (ia) all outstanding principal with respect to the Term Loans, plus accrued and unpaid interest thereon, plus
(iib) any fees or payments then due pursuant to the Prepayment Fee Letter, plus
and (iiic) all other sums, including Bank Expenses, if any, that shall have become due and payablepayable hereunder in connection with the Term Loans, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp), Loan and Security Agreement (GOOD TECHNOLOGY Corp)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Complete Genomics Inc), Loan and Security Agreement (Somaxon Pharmaceuticals, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are an Acquisition Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Bank an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
plus (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan Modification Agreement (Mercury Computer Systems Inc), Loan and Security Agreement (Mercury Computer Systems Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, CRIL an amount equal to the sum of:
(i) of all outstanding principal of the Loan, plus accrued and unpaid interest thereon, plus
thereon (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts, if any).
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) any fees or payments all amounts then due pursuant to in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterFinal Payment, plus
(iii) the Prepayment Fee, and (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans Term Advances are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee Letter, plus
Final Payment plus (iii) the Prepayment Fee, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Term Loan and Security Agreement (Intarcia Therapeutics, Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated in accordance with the terms hereof following the occurrence and during the continuance continuation of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Agreement (Molecular Templates, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers shall immediately pay to Lenders, Bank an amount equal to the sum of:
(i) all outstanding principal plus any accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to or any past due amountslate fee, if applicable.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Agreement (Apex Bioventures Acquisition Corp)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers shall immediately pay to Agent, for the ratable benefit of Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus
(iv) all other sumsoutstanding Obligations, if any, that shall have become due and payablepayable with respect to the Loans, including interest at the Default Rate with respect to any past due amountsRate, if applicable.
Appears in 1 contract
Samples: Loan and Security Agreement (Allurion Technologies Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated in accordance with the terms hereof following the occurrence and during the continuance continuation of an Event of Default, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal plus accrued and unpaid interest thereon, plus
(ii) any fees or payments all amounts then due pursuant to in accordance with the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Agreement (Molecular Templates, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
and (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Agreement (Metabasis Therapeutics Inc)
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise (other than following an Event of Loss), Borrowers then Borrower shall immediately pay to Lenders, an amount equal to the sum of:
Lender (i) all the outstanding principal plus amount of the Loans and any unpaid accrued and unpaid interest thereon, plus
(including Interim Payments) with respect to the Loans (ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
and (iii) all other sumscosts and expenses, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amountsare owing under this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Riverbed Technology, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are a Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereoninterest, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Fee, plus
(iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Agreement (Metabasis Therapeutics Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loans are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereonon the Term Loans, plus
(ii) any fees or payments then due pursuant to the Fee LetterTerm Loan Prepayment Fee, plus
(iii) the Term Loan Final Payment plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Agreement (Hyperion Therapeutics Inc)
Mandatory Prepayment Upon an Acceleration. If (x) the Loans are Loan is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or (y) there occurs a Change in Control, Borrowers shall immediately pay to Lenders, an amount equal to the sum of:
(i) all outstanding principal of the Loan plus accrued and unpaid interest thereon, plus
(ii) any fees or payments then due pursuant to the Fee LetterPrepayment Premium, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Guaranty Agreement (Tonix Pharmaceuticals Holding Corp.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Loan is accelerated by the Lender following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, the Lender for the account of the Lender an amount equal to the sum of:
of (i) all outstanding principal amount of the Loan plus accrued and unpaid interest thereon, plus
with respect to the Loan and (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sumsObligations, if any, that shall have become due and payable, including interest at the Default Rate payable with respect to any past due amountsthe Loan, including Xxxxxx’s Expenses.
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Gryphon Digital Mining, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
: (i) all outstanding principal plus accrued and unpaid interest thereon, plus
under the Term Loan and (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans Obligations are accelerated following the occurrence and during the continuance of an Event of Default, Borrowers Borrower shall immediately pay to Lenders, Lender an amount equal to the sum of:
of (ia) all outstanding principal principal, due in connection with the Loan, plus accrued and unpaid interest thereon, plus
thereon and (ii) any fees or payments then due pursuant to the Fee Letter, plus
(iiib) all other sums, if any, that shall have become due and payable, including interest at payable hereunder in connection with the Default Rate with respect to any past due amountsLoan.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are Term Loan is accelerated following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrowers Borrower shall immediately pay to Lenders, Lenders an amount equal to the sum of:
: (i) all outstanding payments of principal plus accrued interest due and unpaid interest thereonowing on such date and not yet paid, plus
plus (ii) any fees or all remaining payments then due pursuant to the Fee Letterof principal, plus
plus (iii) the Final Payment, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Agreement (Inspire Pharmaceuticals Inc)