The Advances and the Notes. The obligation of Borrower to repay the aggregate unpaid principal amount of and interest on each Advance shall be evidenced by a Note setting forth the principal amount of such Advance and the payments due. Agent shall keep a record of the payments made under each Note on its books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower to pay amounts due hereunder with respect to an Advance.
Appears in 4 contracts
Samples: Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Acelrx Pharmaceuticals Inc), Loan and Security Agreement (Phenomix CORP)
The Advances and the Notes. The obligation of Borrower to repay the aggregate unpaid principal amount of and interest on each Advance shall be evidenced by a Note Notes setting forth the principal amount of such Advance and the payments due. Agent shall keep a record of the payments made under each Note on its books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower to pay amounts due hereunder with respect to an Advance.
Appears in 2 contracts
Samples: Loan and Security Agreement (Aquantia Corp), Loan and Security Agreement (Aquantia Corp)
The Advances and the Notes. The obligation of Borrower Borrowers to repay the aggregate unpaid principal amount of and interest on each Advance shall be evidenced by a Note setting forth the principal amount of such Advance and the payments due. Agent shall keep a record of the payments made under each Note on its books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of each Borrower to pay amounts due hereunder with respect to an Advance.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Zipcar Inc)
The Advances and the Notes. The obligation of Borrower to repay the aggregate unpaid principal amount of and interest on each Advance shall be evidenced by a Note setting forth the principal amount of such Advance and the payments due. Agent shall keep a record of the payments made under each Note on its books which records shall be prima facie fade evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower to pay amounts due hereunder with respect to an Advance.
Appears in 1 contract
Samples: Loan and Security Agreement (Reliant Technologies Inc)
The Advances and the Notes. The obligation of Borrower Borrowers to repay the aggregate unpaid principal amount of of, interest and interest Final Payment on each Advance shall be evidenced by a Note setting forth the principal amount of such Advance and the payments due. Agent shall keep a record of the payments made under each Note on its books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower Borrowers to pay amounts due hereunder with respect to an Advance.
Appears in 1 contract
The Advances and the Notes. The obligation of Borrower to repay the aggregate unpaid principal amount of and interest on each the Advance shall be evidenced by a Note setting forth the principal amount of such Advance and the payments due. Agent shall keep a record of the payments made under each the Note on its books which records shall be prima facie evidence of the amounts paid under the Notes Note absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower to pay amounts due hereunder with respect to an the Advance.
Appears in 1 contract
The Advances and the Notes. The obligation of Borrower Borrowers to repay the aggregate unpaid principal amount of and interest on each Advance shall be evidenced by a Note setting forth the principal amount of such Advance and the payments due. Agent shall keep a record of the payments made under each Note on its books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower Borrowers to pay amounts due hereunder with respect to an Advance.
Appears in 1 contract
