Other Covenants Required Actual Complies. Equipment financing Indebtedness Not to exceed $500,000.00 outstanding $ Yes No Repurchases of stock from former employees, officers and directors Not to exceed $500,000.00 per fiscal year $ Yes No Other Investments in non-Loan Party Subsidiaries Not to exceed $500,000.00 per fiscal year $ Yes No Deposits or pledges for bids, tenders, contracts, leases, surety or appeal bonds Not to exceed $500,000.00 at any time $ Yes No
Appears in 2 contracts
Samples: Loan, Guaranty and Security Agreement (ASLAN Pharmaceuticals LTD), Loan, Guaranty and Security Agreement (ASLAN Pharmaceuticals LTD)
Other Covenants Required Actual Complies. Equipment financing Indebtedness Not to exceed $500,000.00 outstanding $ Yes No Repurchases of stock from former employees, officers and directors Not to exceed $500,000.00 per fiscal year $ Yes No Other Investments in non-Loan Party Subsidiaries Not to exceed $500,000.00 250,000.00 per fiscal year $ Yes No Deposits or pledges for bids, tenders, contracts, leases, surety or appeal bonds Not to exceed $500,000.00 at any time 250,000.00 outstanding $ Yes NoNo Have the MSC Investment Conditions been met? Actual Complies
Appears in 1 contract
Other Covenants Required Actual Complies. Equipment financing Indebtedness Not to exceed $500,000.00 outstanding $ Yes No Repurchases of stock from former employees, officers and directors Not to exceed $500,000.00 per fiscal year $ Yes No Other Investments in non-Subsidiaries that are not Loan Party Subsidiaries Parties Not to exceed $500,000.00 per fiscal year $ Yes No Deposits or pledges for bids, tenders, contracts, leases, surety or appeal bonds Not to exceed $500,000.00 at any time $ Yes No
Appears in 1 contract
Samples: Loan and Security Agreement (Mind Medicine (MindMed) Inc.)
Other Covenants Required Actual Complies. Equipment financing Indebtedness Not to exceed $500,000.00 500,000 outstanding $ Yes No Repurchases of stock from former employees, officers and directors Not to exceed $500,000.00 500,000 per fiscal year $ Yes No Other Investments in non-Loan Party Subsidiaries Not to exceed $500,000.00 500,000 per fiscal year $ Yes No Deposits or pledges for bids, tenders, contracts, leases, surety or appeal bonds Not to exceed $500,000.00 500,000 at any time $ Yes No
Appears in 1 contract
Other Covenants Required Actual Complies. Equipment financing Indebtedness Not to exceed $500,000.00 250,000 outstanding $ Yes No Repurchases of stock from former employees, officers and directors Not to exceed $500,000.00 250,000 per fiscal year $ Yes No Other Investments in non-Loan Party Subsidiaries Not to exceed $500,000.00 250,000 per fiscal year $ Yes No Deposits or pledges for bids, tenders, contracts, leases, surety or appeal bonds Not to exceed $500,000.00 100,000 at any time $ Yes No
Appears in 1 contract
Samples: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.)
Other Covenants Required Actual Complies. Equipment financing Financing Indebtedness Not to exceed $500,000.00 250,000 outstanding $ Yes No Repurchases of stock from former employees, officers and directors Not to exceed $500,000.00 250,000 per fiscal year $ Yes No Other Investments in non-Loan Party Subsidiaries Not to exceed $500,000.00 250,000 per fiscal year $ Yes No Deposits or pledges for bids, tenders, contracts, leases, surety or appeal bonds Not to exceed $500,000.00 250,000 outstanding at any time $ Yes No
Appears in 1 contract
