Common use of Termination Prior to Maturity Date; Survival Clause in Contracts

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations have been satisfied. So long as Borrower has satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their terms, are to survive the termination of this Agreement, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 4.1 of this Agreement) upon payment of the Final Payment-D, this Agreement may be terminated prior to the Revolving Line Maturity Date and/or the Term Loan D Advance Maturity Date by Borrower, effective five (5) Business Days after written notice of termination is given to Bank. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination.

Appears in 1 contract

Samples: Loan and Security Agreement (Forescout Technologies, Inc)

AutoNDA by SimpleDocs

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other Obligations which, by their terms, are to survive the termination of this Agreement) have been satisfied. So long as Borrower has satisfied the Obligations (other than inchoate indemnity obligations, obligations and any other obligations Obligations which, by their terms, are to survive the termination of this Agreement, Agreement and any Obligations under Bank Services Agreements that are cash collateralized for which no claim has been made) in accordance with Section 4.1 the terms of this Agreement) upon payment of the Final Payment-D, this Agreement may be terminated prior to the Revolving Line Maturity Date and/or the Term Loan D Advance Maturity Date by Borrower, effective five (5) Business Days after written notice of termination is given to Bank. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s terminationthe Collateral Agent and the Lenders.

Appears in 1 contract

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

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations have been satisfied. So long as Borrower has satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their terms, are to survive the termination of this Agreement, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 4.1 of this Agreement) upon payment of the Final Payment-D, this This Agreement may be terminated prior to the Revolving Line Maturity Date and/or the Term Loan D Advance Maturity Date by Borrower, effective five (5) Business Days after written notice of termination is given to Bank. Those the Collateral Agent and the Lenders so long as Borrower has satisfied the Obligations as of such date of termination (other than inchoate indemnity obligations that and any other obligations which, by their terms, are expressly specified in to survive the termination of this Agreement as surviving and for which no claim has been made) in accordance with the terms of this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination.

Appears in 1 contract

Samples: Loan and Security Agreement (SOC Telemed, Inc.)

AutoNDA by SimpleDocs

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations have been satisfied. So long as Borrower has satisfied the Obligations (other than (a) inchoate indemnity obligations, obligations and (b) any other obligations which, by their terms, are to survive the termination of this AgreementAgreement and for which no claim has been made). So long as Borrower has satisfied the Obligations (other than (a) inchoate indemnity obligations and (b) any other obligations which, by their terms, are to survive the termination of this Agreement and any Obligations under Bank Services Agreements that are cash collateralized for which no claim has been made) in accordance with Section 4.1 the terms of this Agreement) upon payment of the Final Payment-D, this Agreement may be terminated prior to the Revolving Line Maturity Date and/or the Term Loan D Advance Maturity Date by Borrower, effective five (5) Business Days after written notice of termination is given to Bank. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s terminationthe Collateral Agent and the Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Robotics, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!