Common use of Notice of Milestone Achievement and Audit Clause in Contracts

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii) no later than thirty (30) days thereafter, and Administrative Agent shall have been reasonably satisfied with the results of its audit of such Revenues of Borrower and its Subsidiaries by examining Borrower’s books and records.

Appears in 2 contracts

Samples: Term Loan Agreement (NeuroPace Inc), Term Loan Agreement (NeuroPace Inc)

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Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii) no later than thirty (30) days thereafter6.02(c), and Administrative Agent shall have been reasonably satisfied with the results of its audit of such Revenues of Borrower and its Subsidiaries the Obligors’ Revenue by examining Borrower’s the Obligors’ books and records.

Appears in 2 contracts

Samples: Term Loan Agreement (Strongbridge Biopharma PLC), Term Loan Agreement

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii6.04(c) no later than thirty (30) 60 days thereafter, and Administrative Agent the Lenders shall have been reasonably satisfied with the results of its audit of such Revenues of Borrower and its Subsidiaries Borrower’s Revenue by examining Borrower’s books and records.

Appears in 2 contracts

Samples: Term Loan Agreement (Correvio Pharma Corp.), Term Loan Agreement (Cardiome Pharma Corp)

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii6.03(c) no later than thirty (30) 60 days thereafter, and Administrative Agent the Lenders shall have been reasonably satisfied with the results of its audit of such Revenues of Borrower and its Subsidiaries Borrower’s Revenue by examining Borrower’s books and records.

Appears in 1 contract

Samples: Term Loan Agreement (Cardiome Pharma Corp)

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii6.02(c) no later than thirty (30) 60 days thereafter, and Administrative Agent the Lenders shall have been reasonably satisfied with the results of its audit of such Revenues of Borrower and its Subsidiaries Borrower’s Revenue by examining Borrower’s books and records.

Appears in 1 contract

Samples: Term Loan Agreement (Cardiome Pharma Corp)

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii) no later than thirty (30) days thereafter6.02(b)(iii), and Administrative Agent shall have been reasonably satisfied with the results of its audit of such the Revenues of Borrower and its Subsidiaries by examining Borrower’s books and records.

Appears in 1 contract

Samples: Term Loan Agreement (Treace Medical Concepts, Inc.)

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(iiclause (a) of the Subsequent Draw Milestone no later than thirty (30) days thereafterafter the satisfaction of such condition, and Administrative Agent the Lenders shall have been reasonably satisfied with the results of its audit of such Revenues Borrower’s Revenue from the sale of Borrower and its Subsidiaries the Product by examining Borrower’s books and records.

Appears in 1 contract

Samples: Term Loan Agreement (Viveve Medical, Inc.)

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Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii) no later than thirty sixty (3060) days thereafter, and Administrative Agent shall have been reasonably satisfied with the results of its audit of such Revenues of Borrower and its Subsidiaries supporting documentation provided by examining Borrower’s books and records.

Appears in 1 contract

Samples: Term Loan Agreement (Synergy Pharmaceuticals, Inc.)

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii6.02(c)(ii) no later than thirty sixty (3060) days thereafter, and Administrative Agent shall have been reasonably satisfied with the results of its audit of such Revenues of Borrower and its Subsidiaries supporting documentation provided by examining Borrower’s books and records.

Appears in 1 contract

Samples: Term Loan Agreement (Synergy Pharmaceuticals, Inc.)

Notice of Milestone Achievement and Audit. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.02(b)(ii6.02(c)(iii) no later than thirty (30) days thereafter, and Administrative Agent shall have been reasonably satisfied with the results of its audit of such the Revenues of Borrower and its Subsidiaries by examining the Borrower’s books and records.

Appears in 1 contract

Samples: Term Loan Agreement (P3 Health Partners Inc.)

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