Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation to lend to Borrower hereunder shall terminate on the earlier of (i) the occurrence of any Event of Default hereunder, and (ii) the Commitment Termination Date.
Appears in 2 contracts
Samples: Intercreditor Agreement (Corsair Communications Inc), Loan and Security Agreement (Corsair Communications Inc)
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation to lend the undisbursed portion of the Credit Amount to Borrower hereunder shall terminate on the earlier of (i) upon notice to Borrower after the occurrence of any Event of Default hereunder, and (ii) the Commitment Termination Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (Pharsight Corp), Loan and Security Agreement (Pharsight Corp)
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation to lend the undisbursed portion of the Credit Amount to Borrower hereunder shall terminate on the earlier of (i) the occurrence of any Event of Default hereunderhereunder which is not cured to Lender's satisfaction prior to the Commitment Termination Date, and (ii) the Commitment Termination Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (Signal Pharmaceuticals Inc), Loan and Security Agreement (Signal Pharmaceuticals Inc)
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation Lenders' obligations to lend to Borrower advance the Loans hereunder shall terminate on the earlier of (i) the occurrence of any Event of Default hereunder, hereunder and (ii) the Commitment Termination Date.
Appears in 1 contract
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation Lenders' obligations to lend to Borrower advance the Loan hereunder shall terminate on the earlier of (i) the occurrence of any Event of Default hereunder, and (ii) the Commitment Termination Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Exodus Communications Inc)
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's ’s obligation to lend the undisbursed portion of the Credit Amount to Borrower hereunder shall terminate on the earlier of (i) the occurrence of any Event of Default hereunder, hereunder and (ii) the Commitment Termination Date.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Atheros Communications Inc)
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation to lend the undisbursed portion of the Credit Amount to Borrower the Borrowers hereunder shall terminate on the earlier of (i) the occurrence of any Event of Default hereunder, and (ii) the Commitment Termination Date.
Appears in 1 contract
Samples: Senior Secured Loan Agreement (Chadmoore Wireless Group Inc)
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation to lend the undisbursed portion of the Credit Amount to Borrower hereunder shall terminate on the earlier of (i) at Lender's option, the occurrence and continuation of any Event of Default hereunder, (ii) the occurrence of a Redemption Event, and (iiiii) the Commitment Termination Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Metabasis Therapeutics Inc)
Termination of Commitment to Lend. Notwithstanding anything to --------------------------------- the --------------------------------- contrary in the Operative Documents, Lender's obligation Lenders' obligations to lend to Borrower advance the Loans hereunder shall terminate on the earlier earliest of (i) the occurrence of any Event of Default hereunder, hereunder and (ii) the Commitment Termination Date.
Appears in 1 contract
Samples: Loan Agrloan and Security Agreement (Pilot Network Services Inc)
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation to lend the undisbursed portion of the Credit Amount to Borrower hereunder shall terminate on the earlier of (i) the occurrence of any Event of Default hereunder, (ii) the occurrence of a Redemption Event, and (iiiii) the Commitment Termination Date.
Appears in 1 contract
Termination of Commitment to Lend. Notwithstanding anything to the --------------------------------- contrary in the Operative Documents, Lender's obligation Lenders' obligations to lend to Borrower advance the Loans hereunder shall terminate on the earlier earliest of (i) the occurrence of any Event of Default hereunder, hereunder and (ii) the Commitment Termination Date.
Appears in 1 contract
