Common use of UK Subsidiary Clause in Contracts

UK Subsidiary. Permit Precision UK to maintain cash exceeding $150,000 or non- cash assets exceeding a book value of $50,000 at any time.

Appears in 4 contracts

Samples: Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc)

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UK Subsidiary. Permit Precision UK to maintain cash exceeding $150,000 £1,500,000 or non- non-cash assets exceeding a book value of $50,000 at any time.

Appears in 3 contracts

Samples: Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Precision Biosciences Inc)

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