Common use of Term Loan Clause in Contracts

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.3(d) below.

Appears in 3 contracts

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

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Term Loan. Subject to Section 2.3(b2.2(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one one-quarter percent (3.753.25%), which interest shall be payable monthly in accordance with Section 2.3(d) belowquarterly.

Appears in 2 contracts

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

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%)0.25 percentage points above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ultra Clean Holdings Inc), Loan and Security Agreement (Ultra Clean Holdings Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one seven percent (3.757.0%), fixed as of the Funding Date, which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 2 contracts

Samples: Loan and Security Agreement (Channeladvisor Corp), Loan and Security Agreement (Channeladvisor Corp)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent five percentage points (3.755.0%)) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 2 contracts

Samples: Loan and Security Agreement (Energy & Power Solutions, Inc.), Loan and Security Agreement (Energy & Power Solutions, Inc.)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan 2012 shall accrue interest at a fixed per annum rate equal to three and three quarters of one eight percent (3.758%), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 2 contracts

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

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the each Term Loan shall accrue interest, which interest shall be payable monthly, at a fixed per annum rate equal to three and three quarters the greater of one (i) five percent (3.755%), which interest shall be payable monthly in accordance with Section 2.3(dor (ii) belowthe Basic Rate as determined on its Funding Date.

Appears in 2 contracts

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

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three one and three quarters one-half percentage points (1.50%) above the Prime Rate in effect on the date of one percent (3.75%)this Agreement, which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 2 contracts

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

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three one and three three-quarters of one percent percentage point (3.751.75%)) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 2 contracts

Samples: Loan Documents (Netlist Inc), Loan Documents (Netlist Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three two and three quarters of one percent one-half percentage points (3.752.50%)) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 1 contract

Samples: Loan Documents (Netlist Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters the greater of one percent (3.750.75% percentage points above the Prime Rate or 4.75%), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent 1.25 percentage points above the Prime Rate (3.75%as in effect on the Effective Date), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Globalscape Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters 5.0% above the Prime Rate in effect on the Funding Date of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.3(d) belowthe Term Loan.

Appears in 1 contract

Samples: Assumption And (DecisionPoint Systems, Inc.)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.758.75%), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

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

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%)the Term Loan Basic Rate, which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Qualmark Corp)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters the greater of one percent two percentage points (3.752.0%)) above the Prime Rate fixed at the time of funding, or 7.00%, which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Med Technologies Inc)

Term Loan. Subject to Section 2.3(b), the outstanding principal amount outstanding under of the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.756.25%), which interest shall be is payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Extend Health Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three six and three quarters of one one-half percent (3.756.50%), which interest shall be payable monthly in accordance with Section 2.3(d) below2.1.3(b).

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent one-quarter percentage points (3.753.25%)) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 1 contract

Samples: Loan and Security Agreement (Netlist Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%)1.50% percentage points above the Prime Rate, which interest shall be payable monthly monthly. is hereby amended in accordance with Section 2.3(d) below.its entirety to read as follows:

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%)1.50% percentage points above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters the “Prime Rate” in effect on the date of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.3(d) belowdisbursement of the Term Loan plus 2.00% per annum.

Appears in 1 contract

Samples: Loan Modification Agreement (Meru Networks Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three the greater of (A) the Basic Rate or (B) six and three quarters of one quarter percent (3.756.25%), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Solta Medical Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%), ) which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Solta Medical Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.759.0%), which interest shall be payable monthly in accordance with Section 2.3(d) below.

Appears in 1 contract

Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.)

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Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and the three quarters of one percent percentage point (3.750.75%)) above the Prime Rate, fixed on the Funding Date of the applicable Term Loan Advance, which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Danger Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three six and three quarters of one percent half percentage points (3.756.50%), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Dataworks Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent two percentage points (3.752.0%)) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 1 contract

Samples: Loan Documents (Netlist Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%)the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d) below2.1.3(b).

Appears in 1 contract

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

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.757.50%), which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Med Technologies Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three six and three quarters of one one-half percent (3.756.5%), which interest shall be payable monthly in accordance with Section 2.3(d) below2.1.5(b).

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one ten percent (3.7510.00%), which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 1 contract

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

Term Loan. Subject to Section 2.3(b2.3(c), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75the WSJ Prime Rate plus 2.00%), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.3(d) belowthe Basic Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Cardionet Inc)

Term Loan. Subject to Section 2.3(b2.2(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters one-half of one percent (3.753.50%)) above the Prime Rate, which interest shall be determined by the Bank as of the Funding Date and shall be payable monthly in accordance with Section 2.3(d2.2(e) below.

Appears in 1 contract

Samples: First Loan Modification Agreement (Aegerion Pharmaceuticals, Inc.)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.7510%), which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.

Appears in 1 contract

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

Term Loan. Subject to Section 2.3(b2.4(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters the greater of one percent (3.75%)[***], which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

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

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.759.0%), which interest shall be payable monthly in accordance with Section 2.3(d) belowmonthly.

Appears in 1 contract

Samples: Loan and Security Agreement (Cardiovascular Systems Inc)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one ten percent (3.7510.00%), which interest shall be payable monthly in accordance with Section 2.3(d2.3(f) below.” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: First Loan Modification Agreement (AtriCure, Inc.)

Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue interest at a fixed floating per annum rate equal to three the Prime Rate plus one and three three-quarters of one percent (3.751.75%), which interest shall be payable monthly monthly, in arrears, in accordance with Section 2.3(d) below2.1.5.” and inserting in lieu thereof the following: “(a)

Appears in 1 contract

Samples: Eighth Loan Modification Agreement (Bridgeline Digital, Inc.)

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