SEC Filings

8-K
PERNIX THERAPEUTICS HOLDINGS, INC. filed this Form 8-K on 02/27/2019
Entire Document
 

Table of Contents

 

Page

 

1.             DEFINITIONS AND CONSTRUCTION 1
1.1   Definitions 1
1.2   Accounting Terms 1
1.3   Code 2
1.4   Construction 2
1.5   Time References 3
1.6   Schedules and Exhibits 3
2.             LOANS AND TERMS OF PAYMENT 3
2.1   Loans. 3
2.2   [Reserved] 3
2.3   Borrowing Procedures and Settlements 3
2.4   Payments; Reductions of Commitments; Prepayments 5
2.5   Promise to Pay; Promissory Notes 9
2.6   Interest Rates and Fees:  Rates, Payments, and Calculations 10
2.7   Crediting Payments 11
2.8   Designated Account 11
2.9   Maintenance of Loan Account; Statements of Obligations 11
2.10   [Reserved] 11
2.11   [Reserved] 11
2.13   Capital Requirements 13
2.14   Priority and Liens Applicable to the Company 15
2.15   Payment of Obligations 15
2.16   No Discharge; Survival of Claims 15
2.17   Incremental Loans 16
3.            CONDITIONS; TERM OF AGREEMENT 17
3.1   Conditions Precedent to the Closing Date Loans 17
3.2   Conditions Precedent to each Delayed Draw Loan 17
3.3   Conditions Precedent to all Extensions of Credit 17
3.4   Conditions Precedent to each Incremental Loan 17
3.5   Maturity 18
3.6   Effect of Maturity 18
3.7   Conditions Subsequent 18
3.8   Early Termination by Borrower 18

 

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