Common use of Term Loan Advances Clause in Contracts

Term Loan Advances. (i) Subject to and upon the terms and conditions of this Agreement, Bank agrees to make Term Loan Advances to Borrower. Borrower may request Term Loan Advances from the date hereof through August , 2012. The aggregate outstanding amount of Term Loan Advances shall not exceed the Term Loan. The proceeds of the Term Loan shall be used to finance the Acquisition.

Appears in 2 contracts

Samples: Loan and Security Agreement (Upland Software, Inc.), Loan and Security Agreement (Upland Software, Inc.)

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Term Loan Advances. (i) Subject to and upon the terms and conditions of this Agreement, Bank agrees to make Term Loan Advances to Borrower. Borrower may request Term Loan Advances Advances, in a minimum amount of $250,000 or whole number multiples thereof, from the date hereof through August December 14, 2012. The aggregate outstanding amount of Term Loan Advances shall not exceed the Term Loan. The proceeds of the Term Loan shall be used to finance the AcquisitionMaximum Amount.

Appears in 1 contract

Samples: Loan and Security Agreement (Rainmaker Systems Inc)

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Term Loan Advances. (i) Subject to and upon the terms and conditions of this Agreement, Bank agrees to make Term Loan Advances to Borrower. Borrower may request Term Loan Advances from the date hereof through August December 29, 20122015. The aggregate outstanding amount of Term Loan Advances shall not exceed the Term Loan. The proceeds of the Term Loan shall be used to finance the Acquisition.

Appears in 1 contract

Samples: Loan and Security Agreement (K2 Therapeutics, Inc.)

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