RIGHT TO INVEST. 8.1 Lender or its assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to One Million Dollars ($1,000,000) on the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing. This Section 8.1, and all rights and obligations hereunder, shall survive the repayment of indebtedness under, and otherwise shall survive the expiration or other termination of, the Loan Agreement.
Appears in 3 contracts
Sources: Loan and Security Agreement (RedBall Acquisition Corp.), Loan and Security Agreement (RedBall Acquisition Corp.), Loan and Security Agreement (Phaserx, Inc.)
RIGHT TO INVEST. 8.1 Lender or its assignee or nominee shall have the right, in its discretion, to participate in any the Subsequent Financing in an amount of up to One Million Five Hundred Thousand Dollars ($1,000,0001,500,000) on the same terms, conditions and pricing afforded to others participating in any such the Subsequent Financing. This Section 8.1, and all rights and obligations hereunder, shall survive the repayment of indebtedness under, and otherwise shall survive the expiration or other termination of, the Loan Agreementfor so long this Agreement remains in effect.
Appears in 3 contracts
Sources: Loan and Security Agreement (Sorrento Therapeutics, Inc.), Loan and Security Agreement (Sorrento Therapeutics, Inc.), Loan and Security Agreement (Sorrento Therapeutics, Inc.)
RIGHT TO INVEST. 8.1 Lender or its assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to One Million Dollars ($1,000,000) 2,000,000 on the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing. This Section 8.18, and all rights and obligations hereunder, shall survive the repayment of indebtedness under, and otherwise shall survive the expiration or other termination of, the Loan Agreement.
Appears in 1 contract
RIGHT TO INVEST. 8.1 Lender or its assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to One Million Five Hundred Thousand Dollars ($1,000,0001,500,000) on the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing. This Section 8.1, and all rights and obligations hereunder, shall survive the repayment of indebtedness under, and otherwise shall survive the expiration or other termination of, the Loan Agreement.
Appears in 1 contract
Sources: Loan and Security Agreement (Auris Medical Holding AG)
RIGHT TO INVEST. 8.1 Lender The Lenders or its their assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to One Two Million Dollars ($1,000,0002,000,000.00) on the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing. This Section 8.1, and all rights and obligations hereunder, shall expire upon repayment in full of the Secured Obligations and termination of this Agreement (other than the Sections specifically stated to survive such termination pursuant to the repayment last sentence of indebtedness under, and otherwise shall survive the expiration or other termination of, the Loan AgreementSection 11.6).
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RIGHT TO INVEST. 8.1 Lender or its assignee or nominee shall have the right, in its discretion, to participate in any Subsequent Financing in an amount of up to One Million Dollars ($1,000,000) 1,000,000 on the same terms, conditions and pricing afforded to others participating in any such Subsequent Financing. This Section 8.1, and all rights and obligations hereunder, shall survive the repayment of indebtedness under, and otherwise shall survive the expiration or other termination of, the Loan this Agreement.
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