SVB Loan Documents definition
Examples of SVB Loan Documents in a sentence
Borrower shall not request or accept any advances, credit extensions or otherwise make any borrowings under the SVB Loan Documents and shall ensure, at all times, that the total outstanding borrowing balance thereunder remains at $0.
Such security interest constitutes a valid security interest in the presently existing Collateral, and will constitute a valid security interest in later-acquired Collateral, in each case, having priority over all other Liens other than Liens granted to Silicon Valley Bank in connection with the SVB Loan Documents prior to the date hereof.
The total amount of the borrowings outstanding under the SVB Loan Documents is $0.
As security for the SVB Loan Documents, CGI granted to SVB a security interest in all or substantially all of CGI’s assets, and proceeds thereof, including, without limitation, all intellectual property (collectively, the “Collateral”).
Without limiting the foregoing, as of the Closing, the Company shall (i) be released from all obligations and Liabilities under or in any manner relating to the SVB Loan and the SVB Loan Documents and (ii) all Encumbrances held by or in favor of SVB in connection with the SVB Loan will be terminated.
The PFG Loan and Security Agreement together with all other documents, instruments and writings which relate to the PFG Loan and Security Agreement are collectively referred to herein as the “PFG Loan Documents” and together with the SVB Loan Documents, the “Loan Documents”.