SVB Loans definition

SVB Loans shall have the meaning set forth in Section 11.1.
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SVB Loans means the Company’s existing $10 million line of credit and $3 million term loan with Silicon Valley Bank.
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SVB Loans means the Company’s existing $10 million line of credit and $3 million term loan with Silicon Valley Bank. “Transaction Documents” means the Note Purchase Agreement, this Agreement, and the other agreements, instruments and
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Examples of SVB Loans in a sentence

  • During the Escrow Period, (i) each of the parties hereto acknowledges and agrees that the Borrower may engage the Arranger to use commercially reasonable efforts to further syndicate the SVB Loans acquired and held by the Assignee Lenders and (ii) each Assignee Lender agrees to assign a portion of its Term Loans in an amount not to exceed such Assignee Lender’s Qualified Amount pursuant to, and to otherwise facilitate the execution, delivery and execution of, a Qualified Assignment.

  • Notwithstanding any of the foregoing provisions contained in this Section 1.A. prior to any advance of a Facility-A Loan, except for the initial advance of a Facility-A Loan to repay the SVB Loans, Bank shall have received satisfactory evidence of the release of all existing liens against the Collateral to ensure Bank's first priority lien in the Collateral.

  • Notwithstanding any of the foregoing provisions contained in this Section 1, prior to any advance of a Loan, except for the initial advance of a Loan to repay the SVB Loans, Bank shall have received satisfactory evidence of the release of all existing liens against the Collateral to ensure Bank's first priority lien in the Collateral.

  • Upon the completion of all the filings or notices listed in Schedule II hereto, the Liens granted pursuant to this Agreement will constitute perfected Liens on all Collateral in favor of the Holder, which are prior to all other Liens on such Collateral and which are enforceable as such against all Persons other than the Lien held by Silicon Valley Bank in connection with the SVB Loans.

  • The Company owns, directly or indirectly, all of the issued and outstanding shares of capital stock or equity interests of the Subsidiaries set forth on Schedule I, free and clear of all Liens other than the Lien held by Silicon Valley Bank in connection with the SVB Loans.

  • The Term Loans shall be evidenced by a Secured Promissory Note or Notes in the form attached as E xhibit D hereto (other than the three (3) Original Oxford Loans and the two (2) Original SVB Loans to be evidenced by the Amended and Restated Secured Promissory Notes in the form attached as E xhibit E hereto) (each a “Secured Promissory Note”), and shall be repayable as set forth in this Agreement.

  • Except for the Lien granted to the Holder pursuant to this Agreement and the Lien granted to Silicon Valley Bank in connection with the SVB Loans, the Grantor owns and has good and marketable title to each item of the Collateral free and clear of any and all Liens or claims of others.

  • No security agreement, financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except such as may have been filed in favor of the Holder pursuant to this Agreement or in favor of Silicon Valley Bank in connection with the SVB Loans.

  • The Term Loans shall be evidenced by a Secured Promissory Note or Notes in the form attached as Exhibit D hereto (other than the three (3) Original Oxford Loans and the two (2) Original SVB Loans to be evidenced by the Amended and Restated Secured Promissory Notes in the form attached as Exhibit E hereto) (each a “Secured Promissory Note”), and shall be repayable as set forth in this Agreement.

  • The Seller has good and marketable title to or a valid leasehold interest in all of the Acquired Assets, free and clear of any Security Interest and restriction on transfer, other than the Security Interest of SVB on substantially all of the Seller’s assets related to the SVB Loans.


More Definitions of SVB Loans

SVB Loans means the outstanding loans made to the Seller by SVB pursuant to a Second Amended and Restated Loan and Security Agreement dated August 5, 2010, as amended to date.
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Related to SVB Loans

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Loans as defined in Section 2.4(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the U.S. Swingline Loans, the U.S. Overadvances, and the U.S. Protective Advances.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • New Revolving Loans as defined in Section 2.25.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).