Tranche 3 Facility Charge definition

Tranche 3 Facility Charge means 0.85% of the Tranche 3 Advance, which is payable to Lender in accordance with Section 4.2(d).

Tranche 3 Facility Charge means an amount equal to one percent (1.00%) of the Tranche 3 Advances funded, which is payable to the Lenders in accordance with Section 4.2(d).

Tranche 3 Facility Charge means Thirty Seven Thousand Five Hundred Dollars ($37,500), which is payable to the Lenders in accordance with Section 4.2(e).

Examples of Tranche 3 Facility Charge in a sentence

• The expiration or termination of an option will not reduce the number of shares which may be distributed under this Plan; but the exercise of -------------------------------------------------------------------------------- Bell Atlantic 1985 Incentive Stock Option Plan (5/1/00) Page 2 a stock appreciation right and the cancellation of the related option shall reduce the number of shares which may be distributed under this Plan by the number of shares for which the canceled option was granted.

• Each of the Tranche 2 Facility Charge and the Tranche 3 Facility Charge shall be due and payable at such times set forth in the definitions thereof.

• The Loan Parties shall have paid (i) [***], which fee has been paid to Agent as of the Amendment Effective Date, (ii) the Tranche 3 Facility Charge applicable to Xxxxxxx 0X, (xxx) all invoiced costs and expenses then due in accordance with Section 5(e), and (iv) all other fees, costs and expenses, if any, due and payable as of the Amendment Effective Date under the Loan and Security Agreement.

• On or prior to the Amendment Effective Date, Borrower shall have paid the applicable Tranche 3 Facility Charge, being zero point five percent (0.50%) of the Tranche 3 Commitment amount.

More Definitions of Tranche 3 Facility Charge

Tranche 3 Facility Charge means Four Hundred Thousand Dollars ($400,000).

Tranche 3 Facility Charge means $75,000.00, which is payable to the Lenders in accordance with Section 4.2(e).

Tranche 3 Facility Charge means one half of one percent (0.50%) of the Tranche 3 Commitment, which is fully earned and due and payable to the Lenders on the Tranche 3 Milestone Date.

Tranche 3 Facility Charge means a facility charge of one percent (1.00%) of the aggregate amount of the funded Tranche 3 Term Loan Advances, which is payable in accordance with Section 4.4.

Tranche 3 Facility Charge means an amount equal to one half of one percent (0.5%) of the principal amount of the Tranche 3 Advance funded, which is payable to the Lenders in accordance with Section 4.2(d).

Tranche 3 Facility Charge means $250,000 which is payable to Lender in accordance with Section 4.2(h), subject to funding of the Tranche 3 Advance. “Tranche 4 Advance” has the meaning set forth in Section 2.2(a)(iv). “Tranche 4 Facility Charge” means $125,000 which is payable to Lender in accordance with Section 4.2(i), subject to funding of the Tranche 4 Advance. “UCC” means the Uniform Commercial Code as the same is, from time to time, in effect in the State of California; provided, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection or priority of, or remedies with respect to, Agent’s Lien on any Collateral is governed by the Uniform Commercial Code as the same is, from time to time, in effect in a jurisdiction other than the State of California, then the term “UCC” shall mean the Uniform Commercial Code as in effect, from time to time, in such other jurisdiction solely for purposes of the provisions thereof relating to such attachment, perfection, priority or remedies and for purposes of definitions related to such provisions. “Unrestricted Cash” means Cash held by Borrower subject to an Account Control Agreement. “VALOR-CKD Milestone” means Borrower’s VALOR-CKD trial, xxxxxxxxxxxxxx.xxx identifier #NCT03710291, has demonstrated Positive Data where such Positive Data would be expected to support Borrower’s resubmission and subsequent FDA filing of the NDA for TRC101 (a/k/a veverimer) as the next immediate step in clinical development, subject to verification by Agent (including supporting documentation requested by Agent, to the extent such documentation is available to Borrower). 1.2 Unless otherwise specified, all references in this Agreement or any Annex or Schedule hereto to a “Section,” “subsection,” “Exhibit,” “Annex,” or “Schedule” shall refer to the corresponding Section, subsection, Exhibit, Annex, or Schedule in or to this Agreement. Unless otherwise specifically provided herein, any accounting term used in this Agreement or the other Loan Documents shall have the meaning customarily given

Tranche 3 Facility Charge means 0.85% of the Tranche 3 Advance, which is payable to Lender in accordance with Section 4.2(d). “Tranche 4 Advance” shall have the meaning assigned to such term in Section 2.2(a)(iv).