Common use of Term Loan A Clause in Contracts

Term Loan A. (i) Subject to and upon the terms and conditions of this Agreement, Bank agrees to make one (1) term loan to Borrower in an aggregate principal amount equal to Two Million Dollars ($2,000,000) (the “Term Loan A”). Borrower hereby requests that Bank make the Term Loan A on or about the Closing Date. The proceeds of the Term Loan A shall be used for general working capital purposes and for capital expenditures.

Appears in 3 contracts

Samples: Loan and Security Agreement (Dermira, Inc.), Loan and Security Agreement (Dermira, Inc.), Loan and Security Agreement (Dermira, Inc.)

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Term Loan A. (i) Subject to and upon the terms and conditions of this Agreement, Bank agrees to make one (1) term loan to Borrower in an aggregate principal amount equal to Two Million Dollars of the Term Loan A Amount ($2,000,000) (the “Term Loan A”). Borrower hereby requests that Bank make agrees to request Term Loan A on the Term Loan A on or about the Closing Availability End Date. The proceeds of the Term Loan A shall be used for general working capital purposes and for capital expenditures.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enumeral Biomedical Holdings, Inc.), Loan and Security Agreement (Enumeral Biomedical Holdings, Inc.)

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