Subsequent Term Loan. Upon Agent’s receipt of a written request from Borrower for a subsequent advance of the Loan during the period beginning on the Closing Date and ending December 31, 2014, Lenders shall, so long as (i) no Default or Event of Default has occurred and is continuing and (ii) Agent shall have received the fully-executed Subsequent Term Loan Warrant, make one additional advance (within thirty (30) days of receipt by Agent of such written request for advance) to Borrower in an amount equal to Two Million and No/100 Dollars ($2,000,000).
Appears in 4 contracts
Samples: Credit Agreement (Aralez Pharmaceuticals Inc.), Credit Agreement (Aralez Pharmaceuticals Inc.), Credit Agreement (Aralez Pharmaceuticals Inc.)
