SVB Loan Agreement Sample Clauses

SVB Loan Agreement. An Event of Default (as such term is defined in the SVB Loan Agreement) occurs under the SVB Loan Agreement.
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SVB Loan Agreement. Borrower shall not (1) amend the SVB Loan Agreement to permit Borrower's outstanding indebtedness, liabilities and obligations to SVB which are secured by the Collateral to exceed the lesser of (i) 80% of Eligible Accounts or (ii) $8,500,000, or (2) amend the definition of "Eligible Accounts" in the SVB Loan Agreement, in each of the foregoing cases, without ORIX's SCHEDULE TO LOAN AND SECURITY AGREEMENT prior written consent (as to which consent they will exercise its good faith business judgment). Borrower shall give ORIX written notice of any changes to the SVB Loan Agreement or any documents relating thereto within 15 days after the same are made.
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SVB Loan Agreement. A payoff letter providing that (A) the SVB Term Loan Agreement shall be terminated and all loans and obligations thereunder repaid in full as of the Closing Date upon the funding of the Loans on such Borrowing Date, and (B) all Liens in favor of the secured parties under the SVB Term Loan Agreement shall be released on such Borrowing Date or promptly thereafter with the filing of release documents, PPSA discharges and UCC termination statements.
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SVB Loan Agreement. The SVB Loan Agreement and all documents to be delivered pursuant thereto shall be fully executed, and the transactions contemplated thereby shall have consummated simultaneously with the Closing.
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SVB Loan Agreement. The Company will not agree to or enter into any amendment of the SVB Loan Agreement, or enter into any new agreement, with Silicon Valley Bank (including its Affiliates, “SVB”) which would increase the aggregate potential aggregate lending commitment of SVB to the Company beyond the potential aggregate lending commitment of SVB to the Company existing on the date of the Closing (i.e., $2.5 million).
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SVB Loan Agreement. Borrower shall not (1) amend the SVB Loan Agreement to permit Borrower's outstanding indebtedness, liabilities and obligations to SVB which are secured by the Collateral to exceed the lesser of (i) 80% of Eligible Accounts or (ii) $10,000,000, or (2) amend the definition of "Eligible Accounts" in the SVB Loan Agreement, in each of the foregoing cases, without ORIX's prior written consent (as to which consent they will exercise its good faith business judgment). Borrower shall give ORIX written notice of any changes to the SVB Loan Agreement or any documents relating thereto within 15 days after the same are made."
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SVB Loan Agreement. There is an event of default (beyond any applicable cure period) in the SVB Loan Agreement;
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SVB Loan Agreement. The US Subsidiary shall have entered into a $5 million senior secured working capital facility with SVB pursuant to the SVB Loan Agreement, in such form as shall be acceptable to the Phoenix.
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Related to SVB Loan Agreement

  • Term Loan Agreement An Event of Default (as defined in the Term Loan Agreement) shall occur.

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • Loan Agreement and Note Lender shall have received a copy of this Agreement and the Note, in each case, duly executed and delivered on behalf of Borrower.

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • of the Loan Agreement Section 1.1 of the Loan Agreement is hereby amended as follows:

  • Reaffirmation of Loan Agreement Except as modified by the terms hereof, all of the terms and conditions of the Loan Agreement, as amended, and all other of the Existing Financing Agreements are hereby reaffirmed and shall continue in full force and effect as therein written.

  • Credit Agreement (a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

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