Extract to table

This filing is necessary because, under federal law, a security interest in issued patents must be recorded with the USPTO to achieve perfection, and recording at the USPTO provides additional constructive notice to third parties

Financial Covenants The Bridge Loan Agreement will include two financial covenants, as set forth below: Minimum Cash Covenant: GenomeDx is required to maintain unrestricted cash and cash equivalents of not less than $3,000,000 at all times

GenomeDx shall have delivered certificates of insurance evidencing (i) directors and officers liability insurance maintained with Sentinel Specialty Insurance Co

The certificates must show that the policies are in full force and effect and must name the Administrative Agent and the Collateral Agent as additional insureds or loss payees, as applicable

GenomeDx shall have paid (i) the commitment fee of $150,000 (Pinnacle: $100,000; Cobalt: $50,000) and (ii) the administrative agent fee of $25,000 to Pinnacle

" The definition of Ridgeline Priority Collateral must be narrowly tailored to the specific equipment schedule under the existing Ridgeline Facility