First Interest Only Extension Conditions means satisfaction of each of the following: (a) no Event of Default shall have occurred and be continuing and (b) the Borrower shall have maintained compliance with Section 7.14 at all times, subject to verification by Collateral Agent and each Lender (including supporting documentation reasonably requested by Collateral Agent or any Lender).
First Interest Only Extension Conditions means satisfaction of each of the following events: (a) no Default or Event of Default shall have occurred and be continuing; and (b) confirmation by Agent and Lender that the Term B Loan Advance has been made on or prior to June 30, 2018.
First Interest Only Extension Conditions means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred and be continuing; and (b) either of Performance Milestone I or Performance Milestone II has been achieved on or prior to December 15, 2024.
More Definitions of First Interest Only Extension Conditions
First Interest Only Extension Conditions means satisfaction of each of the following: (a) no Default or Event of Default shall have occurred and be continuing and (b) after the Effective Date, the Borrower shall have achieved Equity Event 1.
First Interest Only Extension Conditions means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred and be continuing; and (b) either the AXS-05 Milestone or the AXS-07 Milestone have been achieved on or prior to October 31, 2025.
First Interest Only Extension Conditions means satisfaction of each of the following: (a) no Default or Event of Default shall have occurred and is continuing; and (b) on or before ***, Agent shall have received evidence that the FDA has cleared the ePlex System for market distribution within the United States pursuant to a 510(k) premarket notification submitted by Borrower, thereby permitting market distribution of the ePlex System within the United States.
First Interest Only Extension Conditions. “Initial Performance Covenant Test Date”; “Performance Test Period”; “PDUFA Action Date”; “Second Interest Only Extension Conditions”.
First Interest Only Extension Conditions means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred; and (b) Borrower has achieved the Clinical Milestone.
First Interest Only Extension Conditions means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred; and (b) on or before June 30, 2020, Borrower achieves Performance Milestone I, subject to verification by Agent (including supporting documentation requested by Agent).
First Interest Only Extension Conditions means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred; and (b) delivery by Borrower to Agent of a written communication to Borrower from the data monitoring committee or body performing a similar function that Borrower’s pivotal study of EG-1962 can continue.