Tranche 1. Subject to the terms and conditions of this Agreement, Lender will severally (and not jointly) make in an amount not to exceed its respective Term Commitment, and Borrower agrees to draw, a Term Loan Advance of Twenty-Five Million Dollars ($25,000,000) on the Closing Date (“Tranche 1”).
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Samples: Loan and Security Agreement (Tricida, Inc.), Loan and Security Agreement (Tricida, Inc.), Loan and Security Agreement (Tricida, Inc.)
Tranche 1. Subject to the terms and conditions of this Agreement, Lender each Lenders will severally (and not jointly) make make, in an amount not to exceed its respective Term Tranche 1 Commitment, and Borrower agrees to draw, a Term Loan Advance of Twenty-Twenty Two Million Five Million Hundred Thousand Dollars ($25,000,00022,500,000.00) on the Closing Date (the “Tranche 11 Advance”).
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Tranche 1. Subject to the terms and conditions of this Agreement, Lender will severally (and not jointly) make in an amount not to exceed its respective Term Commitment, and Borrower agrees to draw, a Term Loan Advance of TwentyThirty-Five Million Dollars ($25,000,00035,000,000) on the Closing Date (“Tranche 1”).
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