FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT AND FIRST AMENDMENT TO DISBURSEMENT LETTERLoan and Security Agreement • November 3rd, 2015 • Durect Corp • Pharmaceutical preparations
THIS FIRST AMENDMENT to Loan and Security Agreement and First Amendment to Disbursement Letter (this “Amendment”) is entered into as of July 31, 2015, by and among OXFORD FINANCE LLC (“Oxford”) as collateral agent (in such capacity, the “Collateral Agent”), the Lenders listed on Schedule 1.1 of the Loan Agreement (as defined below) or otherwise a party thereto from time to time including, without limitation, Oxford in its capacity as a Lender (in such capacity, each a “Lender” and collectively, the “Lenders”), and DURECT CORPORATION, a Delaware corporation (“Borrower”).
