Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such Advance Date until paid in full at the Term Loan Interest Rate based on a year consisting of 360 days, based on the actual number of days elapsed. The Term Loan Interest Rate will float and change on the day the prime rate changes from time to time.
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Samples: Loan and Security Agreement (Century Therapeutics, Inc.), Loan and Security Agreement (Century Therapeutics, Inc.)
Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such Advance Date until paid in full at the Term Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed. The Term Loan Interest Rate will float and change on the day the prime rate Prime Rate changes from time to time.
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Samples: Loan and Security Agreement (Merrimack Pharmaceuticals Inc)
Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such Advance Date until paid in full at an amount equal to the product of the outstanding Term Loan principal balance multiplied by the Term Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed. The Term Loan Interest Rate will float and change on the day the prime rate changes from time to time.. (h)
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Samples: Loan and Security Agreement (Madrigal Pharmaceuticals, Inc.)
Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such the applicable Advance Date until paid in full at the Term Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed. The Term Loan Interest Rate will float and change on the day the prime rate changes from time to time.
Appears in 1 contract
Samples: Loan and Security Agreement (Bellicum Pharmaceuticals, Inc)
Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such Advance Date until paid in full at an amount equal to the product of the outstanding Term Loan principal balance multiplied by the Term Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed. The Term Loan Interest Rate will float and change on the day the prime rate changes from time to time.
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Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such the applicable Advance Date until paid in full at the Term Loan Interest Rate based 11 on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed. The Term Loan Interest Rate will float and change on the day the prime rate changes from time to time.. (d)
Appears in 1 contract
Samples: Loan and Security Agreement
Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such Advance Date until paid in full at the Term Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed. The Term Loan Interest Rate will float and change on the day the prime rate changes from time to time.
Appears in 1 contract
Samples: Loan and Security Agreement (Applied Genetic Technologies Corp)
Term Loan Interest Rate. The unpaid principal balance of each Term Loan Advance shall bear interest thereon from such the applicable Advance Date until paid in full at the Term Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed. The Term Loan Interest Rate will float and be subject to change on the day the prime rate changes from time to time.
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