ABR Loans. The Loans constituting each ABR Borrowing (including each Swingline Loan denominated in Dollars) shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin provided that in the case of Swingline Loans such interest rate shall be reduced by the commitment fee rate payable pursuant to Section 2.11(a).

“ABR Loans”: Loans the rate of interest applicable to which is based upon the ABR.

“ABR Borrowing” means a Borrowing comprised of ABR Loans.

Section # Illegality. Notwithstanding any other provision herein, if the adoption of or any change in Applicable Law or regulation or in the interpretation or application thereof shall make it unlawful for any Lender to make or maintain Non-ABR Loans as contemplated by this Agreement, # the Commitment of such Lender hereunder to make Non-ABR Loans, continue Non-ABR Loans as such and convert ABR Loans into Non-ABR Loans shall forthwith be canceled and # such Lender’s Loans then outstanding as Non-ABR Loans, if any, shall be converted automatically to ABR Loans on the respective last days of the then current Interest Periods with respect to such Loans or within such earlier period as required by law. If any such conversion or repayment of a Non-ABR Loan occurs on a day which is not the last day of the then current Interest Period with respect thereto, the ​ shall pay to such Lender such amounts, if any, as may be required pursuant to [Section 2.16]. If circumstances subsequently change so that any affected Lender shall determine that it is no longer so affected, such Lender will promptly notify the ​ and the Administrative Agent, and upon receipt of such notice, the obligations of such Lender to make or continue Non-ABR Loans or to convert ABR Loans into Non-ABR Loans shall be reinstated.

Loans. Commencing in December 2021, HLTT has loaned a total of Two Hundred Fifty Thousand Dollars ($250,000) to PTG and PBI jointly. Within one week after a Q Code is issued to PBI providing for reimbursement of patient sales of Amniobind at a rate equal to or exceeding $100 per cm2, HLTT shall pay $250,000 to PTG as a loan to PTG and PBI jointly (the “Q Code Loan”). The existing $250,000 obligation and the Q Code Loan, if it occurs, are identified herein as “PTG Loans”. The PTG Loans shall be the joint and several obligations of PTG and PBI, except that if HLTT or HWC purchases the outstanding capital stock of PBI, then the PTG Loans will be the obligation of PTG solely. The PTG Loans will not bear interest.

Loans. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made, # the aggregate outstanding principal amount of such Lender’s Loans to the Borrower shall not exceed its Commitment and # the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Within the foregoing limits, the Borrower may borrow under this subsection, prepay Loans to the extent permitted by [Section 2.10] and reborrow at any time during the Revolving Credit Period under this subsection.

Loans Make any loans or other advances of money to any Person, except: # advances to an officer or employee for salary, travel expenses, relocation/moving costs, commissions and similar items in the Ordinary Course of Business; # prepaid expenses and extensions of trade credit made in the Ordinary Course of Business; # deposits with financial institutions permitted hereunder; # as long as no Default or Event of Default exists or would result therefrom, intercompany loans or advances from a Borrower to another Borrower; and # as long as a Restriction Trigger Period is not in effect or would result therefrom, intercompany loans or advances by a Borrower to a Subsidiary of a Borrower that is not a Borrower; provided, however, solely in the case of clause (e), during a Restriction Trigger Period and so long as no Event of Default exists or would result therefrom, additional intercompany loans or advances shall be permitted to the extent that such additional intercompany loans and advances do not exceed $5,000,000 in the aggregate per Fiscal Year. For the avoidance of doubt, [clause (e) above] shall not limit non-cash Availability neutral ledger entries by the Borrowers. Upon Agent’s request, any such intercompany loan or advance referred to in [clauses (d) or (e) above] shall be evidenced by a promissory note executed by the appropriate debtor and, to the extent included in the Collateral, delivered to Agent, with appropriate assignment provisions. With respect to such promissory notes evidencing loans and advances referred to in clause (d), such promissory notes shall be subordinated and junior in right and payment to the Full Payment of the Obligations.

Loans. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, on the Closing Date to make Loans to [[Organization A:Organization]] in the amount of such Lender’s Commitment. Amounts borrowed hereunder and prepaid or repaid may not be reborrowed.

SECTION # Interest. (a) The Loans comprising each ABR Borrowing (including each Swingline Loan that is an ABR Borrowing) shall bear interest at the Alternate Base Rate plus the Applicable Rate.

Section # Classification of Loans and Borrowings. For purposes of this Agreement, Loans may be classified and referred to by Type (e.g., an “ABR Loan” or a “Term SOFR Loan”). Borrowings also may be classified and referred to by Type (e.g., an “ABR Borrowing” or a “Term SOFR Borrowing”).

such Lender may require # that all affected LIBOR Loans denominated in US Dollars made by it be converted to ABR Loans and # that all affected LIBOR Loans denominated in any other currency or EURIBOR or CDOR Loans made by it be prepaid, in which event all such LIBOR Loans, EURIBOR Loans or CDOR Loans shall be automatically converted to ABR Loans or prepaid, as the case may be, in each case as of the effective date of such notice as provided in paragraph # of this Section.

“ABR Revolving Borrowing” means any Borrowing of Revolving Loans at the Alternate Base Rate.

4:00 p.m., New York City time on the Borrowing Date for ABR Loans

Upon notice thereof by the Administrative Agent or Multicurrency Administrative Agent, as applicable, to the Borrower, any obligation of the Lenders to make or maintain SOFR Loans, CDOR Loans, Daily Simple SONIA Loans, and Eurocurrency Rate Loans, and any right of the Borrower to continue SOFR Loans, CDOR Loans, Daily Simple SONIA Loans, and Eurocurrency Rate Loans, or to convert ABR Loans to SOFR Loans, CDOR Loans, Daily Simple SONIA Loans, and Eurocurrency Rate Loans, shall be suspended (to the extent of the affected Interest Periods) until the Administrative Agent (with respect to clause (b), at the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, # the Borrower may revoke any pending request for a borrowing of, conversion to or continuation of SOFR Loans, CDOR Loans, Daily Simple SONIA Loans, and Eurocurrency Rate Loans (to the extent of the affected Interest Periods) or, failing that, the Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to ABR Loans in the amount specified therein and # any outstanding affected SOFR Loans, CDOR Loans, Daily Simple SONIA Loans, and Eurocurrency Rate Loans will be deemed to have been converted into ABR Loans at the end of the applicable Interest Period. Upon any such conversion, the Borrower shall also pay accrued interest on the amount so converted, together with any additional amounts required pursuant to [Section 3.04]. Subject to Section 3.06, if the Administrative Agent determines (which determination shall be conclusive and binding absent manifest error) that “Term SOFR” cannot be determined pursuant to the definition thereof on any given day, the interest rate on ABR Loans shall be determined by the Administrative Agent without reference to clause (c) of the definition of “Alternate Base Rate” until the Administrative Agent revokes such determination.