No Foreign Investment. The proceeds of the Loan will not be used substantially for a foreign operation. Borrower will not have, on or within one year after each SBA Funding Date and each other Loan provided by a Lender that is an SBIC more than 49 percent of its employees or tangible assets located outside the United States of America.
Appears in 9 contracts
Samples: Loan and Security Agreement (Sight Sciences, Inc.), Loan and Security Agreement (Kura Oncology, Inc.), Loan and Security Agreement (Akero Therapeutics, Inc.)
No Foreign Investment. The proceeds of the Loan will not be used substantially for a foreign operation. Borrower will not have, on or within one year after each the SBA Funding Date and each other Loan provided by a Lender that is an SBIC more than 49 percent of its employees or tangible assets located outside the United States of America.
Appears in 2 contracts
Samples: Loan and Security Agreement (Gritstone Bio, Inc.), Loan and Security Agreement (Gritstone Bio, Inc.)
No Foreign Investment. The proceeds of the Loan will not be used substantially for a foreign operation. Borrower will not havenot, on or within one year after each SBA Funding Date and each other Loan provided by a Lender that is an SBIC SBIC, have more than 49 percent of its employees or tangible assets located outside the United States of America. The representation in this subsection (7) is made only as of the date any Loan is advanced hereunder.
Appears in 2 contracts
Samples: Loan and Security Agreement (Codiak BioSciences, Inc.), Loan and Security Agreement (Codiak BioSciences, Inc.)
No Foreign Investment. The proceeds of the Loan will not be used substantially for a foreign operation. Borrower will not have, on or within one year after each SBA Funding Date and each other Loan provided by a Lender that is an SBIC SBIC, more than 49 percent of its employees or tangible assets located outside the United States of America.
Appears in 1 contract
No Foreign Investment. The proceeds of the Loan will not be used substantially for a foreign operation. Borrower Borrowers will not have, on or within one year after each SBA Funding Date and each other Loan provided by a Lender that is an SBIC more than 49 percent of its employees or tangible assets located outside the United States of America. The representation in this subsection (7) is made only as of the SBA Funding Date for any Loan advanced hereunder.
Appears in 1 contract
Samples: Loan and Security Agreement (Proteostasis Therapeutics, Inc.)
No Foreign Investment. The proceeds of the Loan will not be used substantially for a foreign operation, passed through to a foreign business or used to acquire a foreign business. Borrower will not have, on or within one year after each SBA Funding Date and each other Loan provided by a Lender that is an SBIC more than 49 percent of its employees or tangible assets located outside the United States of America.
Appears in 1 contract
No Foreign Investment. The proceeds of the Loan will not be used substantially for a foreign operation. Borrower will not have, on or within one year after each SBA Funding Date and each other Loan provided by a any Lender that is an SBIC more than 49 percent of its employees or tangible assets located outside the United States of America. The representation in this subsection (7) is made only as of the SBA Funding Date for any Loan advanced hereunder.
Appears in 1 contract
Samples: Loan and Security Agreement (Aveo Pharmaceuticals, Inc.)
