Common use of The Advances Clause in Contracts

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000, unless less than $1,000,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 8 contracts

Samples: Loan and Security Agreement (Cerulean Pharma Inc.), Loan and Security Agreement (Cerulean Pharma Inc.), Secured Promissory Note (Kythera Biopharmaceuticals Inc)

AutoNDA by SimpleDocs

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000100,000, unless less than $1,000,000 100,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 4 contracts

Samples: Loan and Security Agreement (Foundation Medicine, Inc.), Loan and Security Agreement (Kior Inc), Loan and Security Agreement (Kior Inc)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000500,000, unless less than $1,000,000 500,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 4 contracts

Samples: Share Pledge Agreement (Zipcar Inc), Negative Pledge Agreement (Concentric Medical Inc), Loan and Security Agreement (AtriCure, Inc.)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000500,000, unless less than $1,000,000 500,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s 's obligation to repay it to Lender.

Appears in 3 contracts

Samples: Loan and Security Agreement (Anacor Pharmaceuticals Inc), Loan and Security Agreement (Anacor Pharmaceuticals Inc), Loan and Security Agreement (Anacor Pharmaceuticals Inc)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000, unless less than $1,000,000 remains available under the Commitment for borrowing500,000. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 2 contracts

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

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000, unless less than $1,000,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 2 contracts

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

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,0002,500,000, unless less than $1,000,000 2,500,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to LenderAgent.

Appears in 2 contracts

Samples: Share Pledge Agreement, Share Pledge Agreement (Zipcar Inc)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000500,000, unless less than $1,000,000 500,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to LenderLenders under the terms outlined in Exhibit B for the applicable Note for the amount of each Advance. Each Lender will receive a Note from Borrower evidencing the Advances funded by such Lender at the time of each such Advance (if any).

Appears in 2 contracts

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

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance under Commitment One will be made for less than $1,000,000, unless . No Advance under Commitment Two will be made for less than $1,000,000 remains available under the Commitment for borrowing500,000. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement, The Loan and Security Agreement (GlassHouse Technologies Inc)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than US $1,000,000, unless less than US $1,000,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 1 contract

Samples: Secured Promissory Note (Enerkem Inc.)

AutoNDA by SimpleDocs

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000, unless less than $1,000,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.. 2.3

Appears in 1 contract

Samples: Subordination Agreement

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000, unless less than $1,000,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s 's obligation to repay it to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (NxStage Medical, Inc.)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,0005,000,000, unless less than $1,000,000 5,000,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 1 contract

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

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000, unless less than $1,000,000 remains available under the Commitment for borrowing. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s 's obligation to repay it to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (NovaCardia Inc)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance under Commitment One will be made for less than $1,000,000, unless . No Advance under Commitment Two or Commitment Three will be made for less than $1,000,000 remains available under the Commitment for borrowing500,000. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s obligation to repay it to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (GlassHouse Technologies Inc)

The Advances. A Note setting forth the specific terms of repayment will evidence each Advance. No Advance will be made for less than $1,000,000, unless less than $1,000,000 remains available under the Commitment for borrowing500,000. Absence of a Note evidencing any portion of the Loan shall not impair Borrower’s 's obligation to repay it to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Combinatorx, Inc)

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