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

Notice of Milestone Achievement and Review. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.04(d) no later than 30 days thereafter, and the Lenders shall have been reasonably satisfied with the results of their review of the Obligors’ Revenue by examining Borrower’s books and records or Borrower’s Market Capitalization calculations, as applicable.

Appears in 2 contracts

Samples: Term Loan Agreement (Omeros Corp), Term Loan Agreement (Omeros Corp)

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Notice of Milestone Achievement and Review. Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the condition set forth in Section 6.04(d6.03(d) no later than 30 days thereafter, and the Lenders shall have been reasonably satisfied with the results of their review of the Obligors’ Revenue by examining Borrower’s books and records or Borrower’s Market Capitalization calculations, as applicable.

Appears in 2 contracts

Samples: Term Loan Agreement (Omeros Corp), Term Loan Agreement (Omeros Corp)

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