Common use of SVB Loan Agreement Clause in Contracts

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.

Appears in 2 contracts

Samples: Loan and Security Agreement (Athenahealth Inc), Loan and Security Agreement (Athenahealth Inc)

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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 ORIX AMENDMENT TO LOAN DOCUMENTS 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." hereby is amended and restated in its entirety to read as follows:

Appears in 2 contracts

Samples: Loan and Security Agreement (Athenahealth Inc), Loan and Security Agreement (Athenahealth Inc)

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