Success Fee. Upon a Liquidity Event or Change in Control, a one- time fee equal to $150,000. This Section 2.5(d) shall survive any termination of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Casper Sleep Inc.), Loan and Security Agreement (Casper Sleep Inc.)
Success Fee. Upon the occurrence of a Liquidity Event or Change in ControlEvent, a one- one-time success fee equal to $150,000100,000, which shall be nonrefundable. This Section 2.5(d2.5(b) shall survive any termination of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Liquidia Technologies Inc), Loan and Security Agreement (Liquidia Technologies Inc)
Success Fee. Upon the occurrence of a Liquidity Event or Change in ControlEvent, a one- one-time success fee equal to $150,000400,000 (the “Success Fee Amount”). This Section 2.5(d2.5(b) shall survive any termination of this Agreement.
4) Section 6.10 of the Agreement is hereby amended and restated, as follows:
Appears in 2 contracts
Samples: Loan and Security Agreement (Liquidia Technologies Inc), Loan and Security Agreement (Liquidia Technologies Inc)
Success Fee. Upon a Liquidity Event or Change in ControlEvent, a one- time success fee equal to of $150,000300,000. This Section 2.5(d) shall survive any the termination of this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Kaleido Biosciences, Inc.)
Success Fee. Upon the occurrence of a Liquidity Event or Change in ControlEvent, a one- time fee equal to $150,000175,000. This Section 2.5(d2.5(c) shall survive any termination of this Agreement.
Appears in 1 contract
