Minimum Balance Fee. On the first day of each month, commencing on September 1, 2018, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving Loans, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 3 contracts
Samples: Credit and Security Agreement (Mohawk Group Holdings, Inc.), Credit and Security Agreement (Mohawk Group Holdings, Inc.), Credit and Security Agreement (Mohawk Group Holdings, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September April 1, 20182023, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 3 contracts
Samples: Credit, Security and Guaranty Agreement (Shimmick Corp), Credit, Security and Guaranty Agreement (Shimmick Corp), Credit, Security and Guaranty Agreement (Shimmick Corp)
Minimum Balance Fee. On the first day of each month, commencing on September 1, 2018, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 2 contracts
Samples: Credit and Security Agreement (Aziyo Biologics, Inc.), Credit and Security Agreement (Aziyo Biologics, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September the earlier of (i) July 1, 20182021 and (ii) the first day of the first full calendar month following the initial borrowing of the Revolving Loans hereunder, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 2 contracts
Samples: Credit and Security Agreement (Alpha Teknova, Inc.), Credit and Security Agreement (Revolving Loan) (Alpha Teknova, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September June 1, 20182021, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 2 contracts
Samples: Credit, Security and Guaranty Agreement (Revolving Loan) (Xtant Medical Holdings, Inc.), Credit, Security and Guaranty Agreement (Xtant Medical Holdings, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September June 1, 20182021, the Borrowers agree to shall pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee Fees shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Revolving Loan) (Paragon 28, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September January 1, 20182022, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving Loans, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Minimum Balance Fee. On the first day of each month, commencing on September December 1, 20182020, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Sight Sciences, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September November 1, 2018, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Williams Industrial Services Group Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September 1, 2018, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (ViewRay, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September January 1, 20182017, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Wright Medical Group N.V.)
Minimum Balance Fee. On the first day of each month, commencing on September the earlier of (i) November 1, 20182020 and (ii) the first day of the first full calendar month following the initial borrowing of the Revolving Loans hereunder, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Revolving Loan) (Radius Health, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September 1, 2018, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.. MidCap / Sientra / A&R Credit and Security Agreement (Revolving) \DC - 036639/000049 - 14174740 v12
Appears in 1 contract
Minimum Balance Fee. On the first day of each month, commencing on September March 1, 20182017, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Revolving Loan) (Novadaq Technologies Inc)
Minimum Balance Fee. On the first day of each month, commencing on September 1, 2018month from and following the Closing Date, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Minimum Balance Fee. On the first day of each month, commencing on September June 1, 20182022, the Borrowers agree to shall pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee Fees shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Treace Medical Concepts, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September November 1, 20182016, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Oxford Immunotec Global PLC)
Minimum Balance Fee. On the first day of each month, commencing on September April 1, 20182017, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Revolving Loan) (Invuity, Inc.)
Minimum Balance Fee. On the first day of each month, commencing on September 1, 2018[***], the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.. MidCap / Cerus / Credit, Security and Guaranty Agreement (Revolving Loan) 202312840 v5
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Cerus Corp)
Minimum Balance Fee. On the first day of each month, commencing on September December 1, 20182016, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Loan Agreement
Minimum Balance Fee. On the first day of each month, commencing on September 1, 2018, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLoan Lenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Apyx Medical Corp)
Minimum Balance Fee. On the first day of each month, commencing on September January 1, 20182017, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Wright Medical Group N.V.)
Minimum Balance Fee. On the first day of each month, commencing on September the earlier of (i) June 1, 20182018 and (ii) the first day of the first full calendar month following the initial borrowing of the Revolving Loans hereunder, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Revolving Loan) (HTG Molecular Diagnostics, Inc)
Minimum Balance Fee. On the first day of each monthmonth (commencing with the month ended September 30, commencing on September 12024), 2018, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Aspen Aerogels Inc)
Minimum Balance Fee. On the first day of each month, month commencing on September August 1, 20182017, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.due
Appears in 1 contract
Samples: Credit and Security Agreement (Sarepta Therapeutics, Inc.)
Minimum Balance Fee. On From and following the Closing Date, on the first day of each month, commencing on September April 1, 20182021, the Borrowers agree to pay to Agent, for the ratable benefit of all Lenders committed to make Revolving LoansLenders, the sum of the Minimum Balance Fees Fee due for the prior month. The Minimum Balance Fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.
Appears in 1 contract
Samples: Credit and Security Agreement (Radius Health, Inc.)