Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all unpaid and remaining Interim Payments and/or Scheduled Payments with respect to the Loans outstanding and due hereunder, (ii) the Final Payment, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to any and all Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Codexis Inc), Loan and Security Agreement (Maxygen 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 and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) any accrued and unpaid interest, (iii) the Final PaymentStipulated 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 and all Obligationshereunder.
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 and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) the Final PaymentStipulated 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 and all ObligationsLoan.
Appears in 2 contracts
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 unpaid and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) the Final PaymentStipulated Loan Value with respect to each Loan 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 and all Obligationssuch 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 (other than following an Event of Loss)Default, then Borrower shall immediately pay to Lender Lenders (i) all accrued and unpaid and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) any additional accrued and unpaid interest, (iii) the Final PaymentLoan Value of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any and all Obligationshereunder.
Appears in 1 contract
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 and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) any accrued and unpaid interest, (iii) the Final PaymentStipulated 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 and all Obligationshereunder.
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 (other than following an Event of Loss)or otherwise, then Borrower shall immediately pay to Lender (i) all unpaid and remaining Interim Payments and/or Scheduled Payments with respect to the Loans outstanding and due hereunderprior to the date of prepayment, (ii) the Final Paymentoutstanding principal amount of each Loan, and (iii) all other sums, if any, that shall have become due and payable hereunder with respect to any and all Obligationsthe Loans.
Appears in 1 contract
Mandatory Prepayment Upon an Acceleration. If the Loans are accelerated following the occurrence of an Event of Default (other than following an Event of Loss), then Borrower shall immediately pay to Lender (i) all accrued and unpaid and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) any accrued and unpaid interest, (iii) the Final PaymentLoan Value of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any and all Obligationshereunder.
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), then Borrower shall immediately pay to Lender (i) all accrued and unpaid and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) any accrued and unpaid interest, (iii) the Final PaymentLoan Value of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any and all Obligationshereunder.
Appears in 1 contract
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 and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) any accrued and unpaid interest, (iii) the Final PaymentLoan Value of each Loan, and (iiiiv) all other sums, if any, that shall have become due and payable hereunder with respect to any and all Obligationshereunder.
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 unpaid and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) the Final PaymentStipulated 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 and all Obligationshereunder.
Appears in 1 contract
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 and remaining Interim Payments and/or Scheduled Payments with respect to each Loan due prior to the Loans outstanding and due hereunderdate of prepayment, (ii) the Final PaymentStipulated 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 and all Obligationshereunder.
Appears in 1 contract
Samples: Landlord Agreement (Colo Com)