Common use of Tranche B Loan Clause in Contracts

Tranche B Loan. Lender agrees to make a term loan to Borrower on the Tranche B Closing Date in a principal amount equal to the Tranche B Loan Amount (the “Tranche B Loan”). After repayment, no Term Loan may be re-borrowed.

Appears in 2 contracts

Samples: Loan Agreement (iRhythm Technologies, Inc.), Loan Agreement (iRhythm Technologies, Inc.)

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Tranche B Loan. At Borrower’s option, each Lender severally agrees to make a term loan to Borrower on the Tranche B Closing Date (collectively, the “Tranche B Loan”) in a principal amount equal to the such Lender’s Tranche B Loan Amount (the “Tranche B Loan”)Commitment. After repayment, no No portion of a Term Loan may be re-borrowedborrowed once repaid.

Appears in 1 contract

Samples: Loan Agreement (Lexicon Pharmaceuticals, Inc.)

Tranche B Loan. At Borrower’s option, each Lender severally agrees to make a term loan to Borrower on the Tranche B Closing Date in a principal amount equal to the such Lender’s Tranche B Loan Amount Commitment (collectively, the “Tranche B Loan”). After repayment, no Term Loan may be re-borrowed.

Appears in 1 contract

Samples: Loan Agreement (TESARO, Inc.)

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Tranche B Loan. At Borrower’s option, Lender agrees to make a term loan to Borrower on the Tranche B Closing Date in a principal amount equal to the Tranche B Loan Amount (the “Tranche B Loan”). After repayment, no Term Loan may be re-borrowed.

Appears in 1 contract

Samples: Loan Agreement (SI-BONE, Inc.)

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