Reduction of the Commitment Amounts. The Commitment Amount shall automatically and permanently be reduced to zero immediately after the making of the Loan on the Closing Date.
Appears in 2 contracts
Samples: Credit Agreement and Guaranty (Alliqua BioMedical, Inc.), Credit Agreement and Guaranty (Alliqua BioMedical, Inc.)
Reduction of the Commitment Amounts. The Commitment Amount shall automatically and permanently be reduced to zero immediately after upon the making Lenders funding of the Loan Loans to Borrower on the Closing Date.
Appears in 1 contract
Samples: Credit Agreement (Harmony Biosciences Holdings, Inc.)
Reduction of the Commitment Amounts. The Commitment Amount shall automatically and permanently be reduced to zero immediately after the making of the Additional Loan on the Second Closing Effective Date.
Appears in 1 contract
Samples: Credit Agreement and Guaranty (VBI Vaccines Inc/Bc)
Reduction of the Commitment Amounts. The Commitment Amount shall automatically and permanently be reduced to zero immediately on the earlier of the Closing Date (after the making funding of the Loan on Loan) and the Closing Termination Date.
Appears in 1 contract
