RIGHT TO INVEST; RIGHT TO CONVERT. 8.1 Lender or its assignee or nominee shall have the right, in its discretion, to participate in a Subsequent Financing (as defined in the Equity Rights Letter Agreement) pursuant to the terms set forth in the Equity Rights Letter Agreement. 8.2 Lender shall have the right, in its discretion, to convert a portion of the Loan in a Subsequent Financing (as defined in the Equity Rights Letter Agreement) pursuant to the terms set forth in the Equity Rights Letter Agreement.
Appears in 4 contracts
Samples: Loan and Security Agreement (Quanterix Corp), Loan and Security Agreement (Quanterix Corp), Loan and Security Agreement (Edge Therapeutics, Inc.)
RIGHT TO INVEST; RIGHT TO CONVERT. 8.1 Lender or its assignee or nominee shall have the right, in its discretion, to participate in a Subsequent Financing (as defined in the Equity Rights Letter Agreement) pursuant to the terms set forth in the Equity Rights Letter Agreement.
8.2 Lender shall have (the rightpurchase price for such participation may, in its discretionthe discretion of Borrower, to convert be paid by means of the conversion of a portion of the Loan in a Subsequent Financing (as defined in the Equity Rights Letter Agreement) pursuant to the terms set forth in the Equity Rights Letter AgreementLetter).
Appears in 1 contract
Samples: Loan and Security Agreement (Coronado Biosciences Inc)
