Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan, and (ii) all other sums, if any, that shall have become due and payable with respect to the Term Loan, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Samples: Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan B is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term LoanLoan B, and (ii) all other sums, if any, that shall have become due and payable with respect to the Term LoanLoan B, including the Final Payment and any interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Samples: Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan A is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term LoanLoan A, and (ii) all other sums, if any, that shall have become due and payable with respect to the Term LoanLoan A, including interest at the Default Rate with respect to any past due amounts.
Appears in 3 contracts
Samples: Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest with respect to the Term Loan, and (ii) all other sums, including Bank Expenses, if any, that shall have become due and payable with respect to the Term Loan, including interest at the Default Rate with respect to any past due amountspayable.
Appears in 2 contracts
Samples: Loan and Security Agreement (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal principal, plus accrued and unpaid interest with respect to thereon, (ii) the Term Loan, Final Payment and (iiiii) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term Loan, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Airgain Inc), Loan and Security Agreement (Airgain Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest with respect to the Term Loan, and (ii) the Final Payment, plus (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable with respect to the Term Loan, including interest at the Default Rate with respect to any past due amountspayable.
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 Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term LoanLoan Advance, and (ii) all other sums, if any, that shall have become due and payable with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Lantronix Inc), Loan and Security Agreement (Lantronix Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan, Loan Advance and (iiiii) all other sums, if any, that shall have become due and payable with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tufin Software Technologies Ltd.), Loan and Security Agreement (Tufin Software Technologies Ltd.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is Loans are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loaninterest, and plus (ii) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, 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 Loan is Advances are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued accrued
1. and unpaid interest with respect to the Term Loaninterest, and (ii) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, 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 Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal and accrued but unpaid interest, plus accrued and unpaid interest with respect to the Term Loan, and (ii) the Prepayment Fee, plus (iii) all other sums, including Bank Expenses, if any, that shall have become due and payable with respect to the Term Loan, including interest at the Default Rate with respect to any past due amountspayable.
Appears in 2 contracts
Samples: Loan and Security Agreement (Intermolecular Inc), Loan and Security Agreement (Intermolecular Inc)
Mandatory Prepayment Upon an Acceleration. If the Term Loan Advance is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan, Loan Advance and (ii) all other sums, if any, that shall have become due and payable with respect to the Term LoanLoan Advance, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Contingent Convertible Debt Agreement (BigCommerce Holdings, Inc.), Contingent Convertible Debt Agreement (BigCommerce Holdings, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan, (ii) the Final Payment, (iii) the Prepayment Fee, and (iiiv) all other sums, if any, that shall have become due and payable with respect to the Term Loan, 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 (Miragen Therapeutics, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank in accordance with Section 9.1 (a) following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to interest, (ii) the Term LoanPrepayment Premium, (iii) the Final Payment and (iiiv) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, including interest at the Default Rate with respect to any past due amounts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Eloqua, Inc.), Loan and Security Agreement (Eloqua, Inc.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan, and plus (ii) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, including interest at the Default Rate with respect applicable to any past due amountssuch sum.
Appears in 1 contract
Samples: Loan Agreement (Affimed N.V.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of of: (i) all outstanding principal plus accrued and unpaid interest with respect to under the Term Loan, Loan and (ii) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, including interest at the Default Rate with respect to any past due amounts.
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Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus and accrued and unpaid interest with respect to the Term Loan, (ii) the Prepayment Premium and (iiiii) all other sums, if any, that shall have become due and payable with respect to the Term Loan, 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 Loan is Loans are accelerated by Bank following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrower Borrowers shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term LoanLoans, and plus accrued but unpaid interest, (ii) all other sums, including Bank Expenses, if any, that shall have become due and payable with respect to the Term Loanhereunder, including interest at the Default Rate and any late fee due with respect to any past due amounts.
Appears in 1 contract
Samples: Loan and Security Modification Agreement (Northern Star Acquisition Corp.)
Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal principal, plus accrued and unpaid interest with respect to the Term Loanthereon, and (ii) the Final Payment and (iii) all other sums, if any, sums that shall have become due and payable hereunder in connection with respect to the Term Loan, including interest at the Default Rate with respect to any past due amounts.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the a Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank Lender an amount equal to the sum of of: (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loaninterest, and (ii) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, 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 Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loaninterest, and (ii) the Prepayment Fee, if applicable, plus (iii) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, including interest at the Default Rate with respect to any past due amounts.
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Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to on the Term Loan, Loan and (ii) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, 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 Loan is accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan, (ii) the Term Loan Prepayment Fee, (iii) the Final Payment Fee and (iiiv) all other sums, if any, that shall have become due and payable hereunder in connection with respect to the Term Loan, including interest at the Default Rate with respect to any past due amounts.
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Mandatory Prepayment Upon an Acceleration. If the Term Loan is accelerated by Bank following the occurrence and during the continuance of an Event of DefaultDefault or otherwise, Borrower shall immediately pay to Bank an amount equal to the sum of of: (i) all outstanding principal plus accrued and unpaid interest with respect to under the Term Loan, (ii) the Prepayment Premium, (iii) the 5741777v2 Final Payment and (iiiv) all other sums, if any, that shall have become due and payable with respect to the Term Loanpayable, including interest at the Default Rate with respect to any past due amounts.
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