Second Amortization Date definition

Second Amortization Date means April 2, 2022.

Second Amortization Date means (i) April 1, 2019, if the Capital Event does not occur, (ii) May 1, 2020, if the Capital Event occurs but the Second Capital Event does not occur and (iii) May 1, 2021, if both the Capital Event and the Second Capital Event occur.

Second Amortization Date means September 10, 2021.

Examples of Second Amortization Date in a sentence

• Thereafter, commencing on May 1, 2019, Borrower shall make monthly payments of interest only on the Payment Date of each successive month through and including the Payment Date immediately preceding the Second Amortization Date.

• Furthermore, notwithstanding the foregoing, Borrower shall make monthly payments of interest only on February 1, 2019 and continuing on the Payment Date of each successive month thereafter through and including the Payment Date immediately preceding the Second Amortization Date.

• Furthermore, notwithstanding the foregoing, Borrower shall make monthly payments of interest only on February 1, 2019 and continuing on the Payment Date of each successive month thereafter through and including (i) April 1, 2021, if the Principal Paydown Event does not occur by April 30, 2021 or (ii) the Payment Date immediately preceding the Second Amortization Date, if the Principal Paydown Event occurs by April 30, 2021.

• Commencing on the Interest-Only Date, Borrower shall make monthly payments of interest only, and continuing on the Payment Date of each successive month thereafter through and including the Payment Date immediately preceding the Second Amortization Date.

More Definitions of Second Amortization Date

Second Amortization Date is May 1, 2020.

Second Amortization Date has the meaning set forth in Section 2.3(a).

Second Amortization Date means April 2, 2023.

Second Amortization Date is (i) January 1, 2023, if the 2022 Equity Event does not occur and (ii) January 1, 2024, if the 2022 Equity Event occurs.

Second Amortization Date is (i) October 1, 2016, if the Additional I/O Event does not occur or (ii) if the Additional I/O Event occurs, January 1, 2017.

Second Amortization Date means the date that the 2023 Amortization Shortfall equals zero dollars ($0).”

Second Amortization Date means (i) May 1, 2021, if the Principal Paydown Event does not occur and (ii) January 1, 2022, if the Principal Paydown Event occurs. “Minimum Cash Balance” is (i) Five Million Dollars ($5,000,000.00) if Borrower has not as yet made the full Sanofi License Payment related to the License Amendment Payments (described in the clause (ii) of the definition of License Amendment Payments), regardless of whether or not such Sanofi License Payment had become due, and (ii) Three Million Dollars ($3,000,000.00) if Borrower has made the full Sanofi License Payment related to the License Amendment Payments (described in the clause (ii) of the definition of License Amendment Payments). “Principal Paydown Event” means the prepayment by Borrower to the Lenders, after July [_], 2020 and on or before April 30, 2021, of an aggregate principal amount of at least Ten Million Dollars ($10,000,000) in the form of Sanofi License Prepayments in accordance with Section 2.2(d)(iii) of this Agreement.