Document ID: 15864

Text:
2.4.2 Mandatory Principal Payments. All principal and accrued interest for each Loan shall be due and payable on the Loan Maturity Date. Notwithstanding the foregoing, upon receipt of cash proceeds from a Qualifying Capital Transaction, Borrower shall prepay without penalty or premium the entire outstanding principal amount of this Agreement, including all unpaid PIK Interest, together with all accrued and unpaid interest. Borrower shall make all payments to each Lender in accordance with their Pro Rata Share of the applicable payment.

Named Entities:
85
87
Ratio

Tokenized Text:
2
.
4
.
2
Mandatory
Principal
Payments
.
All
principal
and
accrued
interest
for
each
Loan
shall
be
due
and
payable
on
the
Loan
Maturity
Date
.
Notwithstanding
the
foregoing
,
upon
receipt
of
cash
proceeds
from
a
Qualifying
Capital
Transaction
,
Borrower
shall
prepay
without
penalty
or
premium
the
entire
outstanding
principal
amount
of
this
Agreement
,
including
all
unpaid
PIK
Interest
,
together
with
all
accrued
and
unpaid
interest
.
Borrower
shall
make
all
payments
to
each
Lender
in
accordance
with
their
Pro
Rata
Share
of
the
applicable
payment
.