Term Loan Advance. Subject to Section 2.6(b), the principal amount outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to the greater of (i) three quarters of one percent (0.75%) below the Prime Rate, or (ii) three and three quarters of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.6(d) below.
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Samples: Loan and Security Agreement (Everspin Technologies Inc)
Term Loan Advance. Subject to Section 2.6(b2.4(b), the principal amount outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to the greater of (iA) three quarters six and one half of one percent (0.756.50%) below and (B) one and one-half of one percent (1.50%) above the Prime Rate, or (ii) three and three quarters of one percent (3.75%)which interest, which interest in each case, shall be payable monthly in accordance with Section 2.6(d2.4(e) below. .” and inserting in lieu thereof the following:
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Samples: Credit and Security Agreement (Flexion Therapeutics Inc)
Term Loan Advance. Subject to Section 2.6(b2.3(b), the principal amount of the outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to (a) the greater of (iI) three the Prime Rate or (II) five percent (5.00%), plus (b) three-quarters of one percent (0.75%) below the Prime Rate, or (ii) three and three quarters of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.6(d) below. 2.1.5(b).”
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Term Loan Advance. Subject to Section 2.6(b2.3(b), the principal amount of the outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to (a) the greater of (iI) three quarters the Prime Rate or (II) four and one-half of one percent (0.754.50%) below the Prime Rate), or plus (iib) three and three three-quarters of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.6(d) below2.1.5(b). and the following is inserted in lieu thereof:
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Term Loan Advance. Subject to Section 2.6(b2.3(b), the principal amount outstanding under for the Term Loan Advance shall accrue interest at a floating per annum rate equal to two percent (2.0%) above the greater of (ix) the Prime Rate or (y) three quarters and one quarter of one percent (0.75%) below the Prime Rate, or (ii) three and three quarters of one percent (3.753.25%), which interest shall be payable monthly in accordance with Section 2.6(d) below. monthly.
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Term Loan Advance. Subject to Section 2.6(b2.3(b), the principal amount of the outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to (a) the greater of (iI) three quarters the Prime Rate or (II) four and one-half of one percent (0.754.50%), plus (b) below the Prime Rate, or (ii) three and three quarters one-half of one percent (3.750.50%), which interest shall be payable monthly in accordance with Section 2.6(d) below. 2.1.5(b).
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Term Loan Advance. Subject to Section 2.6(b2.5(b), the principal amount outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to the greater of (iA) three quarters four and 20/100 hundredths of one percent (0.754.20%) below above the Prime Rate, or Applicable Rate and (iiB) three five and three quarters 43/100 hundredths of one percent (3.755.43%), which interest shall be payable monthly in accordance with Section 2.6(d2.5(e) below. .
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Term Loan Advance. Subject to Section 2.6(b), the principal amount outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to the greater of (i) three quarters of one percent (0.75%) below the Prime Rate, or (ii) three four and three quarters of one percent (3.754.75%), which interest shall be payable monthly in accordance with Section 2.6(d) below. .
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Samples: Loan and Security Agreement (Everspin Technologies Inc)