Other Covenant Defaults. If any Co-Borrower fails or neglects to perform, keep, or observe any other material term, provision, condition, covenant, or agreement contained in this Agreement (other than as set forth in Sections 8.1, 8.2 or 8.4 through 8.14), or in any of the other Loan Documents, and the Co-Borrowers have failed to cure such default within fifteen (15) days of the occurrence of such default. During this fifteen (15) day period, the failure to cure the default is not an Event of Default (but no Loan will be made during the cure period).
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Samples: Venture Loan and Security Agreement (Satcon Technology Corp)
Other Covenant Defaults. If any Co-Borrower fails or neglects to perform, keep, or observe any other material term, provision, condition, covenant, or agreement contained in this Agreement (other than as set forth in Sections 8.1, 8.2 or 8.4 through 8.14), or in any of the other Loan Documents, Documents and the Co-Borrowers have failed to cure such default within fifteen twenty (1520) days of the occurrence of such default. During this fifteen twenty (1520) day period, the failure to cure the default is not an Event of Default (but no Loan will be made during the cure period).
Appears in 1 contract
Samples: Venture Loan and Security Agreement (Castle Creek Biosciences, Inc.)
Other Covenant Defaults. If any Co-Borrower fails or neglects to perform, keep, or observe any other material term, provision, condition, covenant, or agreement contained in this Agreement (other than as set forth in Sections 8.1, 8.2 or 8.4 through 8.148.15), or in any of the other Loan Documents, Documents and the such Co-Borrowers have Borrower has failed to cure such default within fifteen thirty (1530) days of the occurrence of such default. During this fifteen thirty (1530) day period, the failure to cure the default is not an Event of Default (but no Loan will be made during the cure period).
Appears in 1 contract
Samples: Venture Loan and Security Agreement (vTv Therapeutics Inc.)
Other Covenant Defaults. If any Co-Borrower fails or neglects to perform, keep, or observe any other material term, provision, condition, covenant, or agreement contained in this Agreement (other than as set forth in Sections 8.1, 8.2 or 8.4 through 8.14), or in any of the other Loan Documents, Documents and the such Co-Borrowers have Borrower has failed to cure such default within fifteen thirty (1530) days of such Co-Borrower’s knowledge of the occurrence of such default. During this fifteen thirty (1530) day period, the failure to cure the default is not an Event of Default (but no Loan will be made during the cure period).
Appears in 1 contract
Samples: Venture Loan and Security Agreement (Stealth BioTherapeutics Corp)