Markings on the Collateral. At Lender's reasonable request at any time during the Term of the Loan (including any extension thereof), Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or other marking to be supplied by Lender which reads substantially as follows: Silicon Valley Bank Lienholder Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Lender in such item of Collateral is terminated pursuant to this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Array Biopharma Inc), Loan and Security Agreement (Array Biopharma Inc)
Markings on the Collateral. At Lender's reasonable request at any time during the Term of the Loan (including any extension thereof), Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or other marking to be supplied by Lender which reads substantially as follows: Silicon Valley Bank Lienholder GATX VENTURES, INC., Lienholder. Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Lender in such item of Collateral is terminated pursuant to this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Depomed Inc), Equipment Loan and Security Agreement (Anadys Pharmaceuticals Inc)
Markings on the Collateral. At Lender's reasonable ’s request at any time during the Term of the Loan (including any extension thereof), Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or other marking to be supplied by Lender which reads substantially as follows: Silicon Valley Bank Lienholder Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Lender in such item of Collateral is terminated pursuant to this Agreement.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Renovis Inc)
Markings on the Collateral. At Lender's reasonable request at any time during the Term of the Loan (including any extension thereof), Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or other marking to be supplied by Lender which reads substantially as follows: Silicon Valley Bank Lienholder Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Lender in such item of Collateral is terminated pursuant to this Agreement.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Nuvasive Inc)
