Size Status. Borrower does not have tangible net worth in excess of $18 million or average net income after Federal income taxes (excluding any carry-over losses) for the preceding two completed fiscal years in excess of $6 million;
Appears in 17 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Neos Therapeutics, Inc.), Loan and Security Agreement (ChromaDex Corp.)
Size Status. Borrower does not have tangible net worth in excess of $18 million or average net income after Federal income taxes (excluding any carry-over losses) for the preceding two completed fiscal years in excess of $6 million;.
Appears in 3 contracts
Samples: Loan and Security Agreement (Viewray Inc), Loan and Security Agreement (Viewray Inc), Loan and Security Agreement (Viewray Inc)
Size Status. As of December 31, 2010, Borrower does did not have tangible net worth in excess of $18 million or average net income after Federal income taxes (excluding any carry-over losses) for the preceding two completed fiscal years then ended in excess of $6 million;
Appears in 1 contract
Samples: Loan and Security Agreement (Acelrx Pharmaceuticals Inc)
Size Status. Borrower does not have tangible net worth in excess of $18 million or average net income after Federal income taxes (excluding any carry-over losses) for the preceding two completed fiscal years in excess of Six Million Dollars ($6 million6,000,000);
Appears in 1 contract
Samples: Loan and Security Agreement (Cleveland Biolabs Inc)