Common use of Payment of Advances Clause in Contracts

Payment of Advances. To the extent not previously paid, all then outstanding Advances shall be due and payable on the Term Loan Maturity Date, together with accrued and unpaid interest on the principal amount to be paid and all fees and expenses payable hereunder. The Obligors shall make all payments under this Agreement by wire transfer in immediately available funds without setoff, recoupment or deduction and regardless of any counterclaim or defense.

Appears in 3 contracts

Samples: Loan and Security Agreement (Amyris, Inc.), Loan and Security Agreement (Amyris, Inc.), Loan and Security Agreement (Amyris, Inc.)

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Payment of Advances. To the extent not previously paid, all then outstanding Advances shall be due and payable on the Term Loan Maturity Date, together with accrued and unpaid interest on the principal amount to be paid and all fees and expenses payable hereunderpaid. The Obligors shall make all payments under this Agreement by wire transfer in immediately available funds without setoff, recoupment or deduction and regardless of any counterclaim or defense.

Appears in 1 contract

Samples: Loan and Security Agreement (Amyris, Inc.)

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