Common use of Supplemental Growth Capital Advances Clause in Contracts

Supplemental Growth Capital Advances. Subject to Section 2.5(b), the principal amount outstanding for each Supplemental Growth Capital Advance shall accrue interest at a fixed per annum rate of ten percent (10%), which interest shall be payable monthly in accordance with Section 2.5(e) below.

Appears in 1 contract

Samples: Loan and Security Agreement (LendingClub Corp)

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Supplemental Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding for each Supplemental Growth Capital Advance shall accrue interest at a fixed per annum rate equal to the greater of ten (i) four percent (104.00%)) or (ii) the Basic Rate, fixed on the date of the First Amendment, which interest shall be payable monthly in accordance with Section 2.5(e) below2.3(f).

Appears in 1 contract

Samples: Loan and Security Agreement (Infinity Oil & Gas Co)

Supplemental Growth Capital Advances. Subject to Section 2.5(b2.2(b), the principal amount outstanding for each Supplemental Growth Capital Advance shall accrue interest at a fixed floating per annum rate equal to the greater of ten (i) the Prime Rate or (ii) [five percent (105.00%)) OR INDICATIVE RATE AT CLOSING], which interest shall be payable monthly in accordance with Section 2.5(e) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (OncoCyte Corp)

Supplemental Growth Capital Advances. Subject to Section 2.5(b2.3(b), the principal amount outstanding for each Supplemental Growth Capital Advance shall accrue interest at a fixed per annum rate of ten equal to eleven percent (1011.00%), which interest shall be payable monthly in accordance with Section 2.5(e) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (RingCentral Inc)

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Supplemental Growth Capital Advances. Subject to Section 2.5(b2.2(b), the principal amount outstanding for each Supplemental Growth Capital Advance shall accrue interest at a fixed per annum rate equal to eight and fifty-five hundredths of ten one percent (108.55%), which interest shall be payable monthly in accordance with Section 2.5(e) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Tracon Pharmaceuticals, Inc.)

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