Qualified Borrowers. Notwithstanding anything herein or in any Loan Document to the contrary, # this Section 3.8 and Article 5 shall not apply to Qualified Borrowers, # the Obligations of any Qualified Borrower hereunder shall be several and limited only to the Loans and Letters of Credit made or issued on its behalf, # all Loans and Letters of Credit provided to a Qualified Borrower hereunder shall be guaranteed only by the applicable Borrower in accordance with the applicable Qualified Borrower Guaranty, and # such Borrower shall be jointly and severally liable with such Qualified Borrower for the full amount of the Loans and Letters of Credit and other Obligations of such Qualified Borrower.

Qualified Cash. During the Forbearance Period only, [Section 7.03(a)] of the Financing Agreement shall be amended by deleting “$700,000” and inserting “$100,000.00” in lieu thereof.

Qualified Financing. Concurrently with the closing of the Qualified Financing, [[AntriaBio:Organization]] shall issue to XOMA the shares and/or securities set forth in Section 1.4 of the Stock Agreement. Within fifteen (15) days following the closing of the Qualified Financing, [[AntriaBio:Organization]] shall pay XOMA the greater of # ​ of the net proceeds from the Qualified Financing and # Six Million Dollars ($6,000,000).

Qualified Transferee. Any Transfer of a Partnership Interest shall be made only to a single Qualified Transferee; provided, however, that, for such purposes, all Qualified Transferees that are Affiliates, or that comprise investment accounts or funds managed by a single Qualified Transferee and its Affiliates, shall be considered together to be a single Qualified Transferee; provided, further, that each Transfer meeting the minimum Transfer restriction of [Section 11.3A(3)] hereof may be to a separate Qualified Transferee.

Qualified Cash. During the Forbearance Period only, [Section 7.03(a)] of the Financing Agreement shall be amended by deleting “$700,000” and inserting “$100,000.00” in lieu thereof.

Qualified Cash. During the Forbearance Period only, [Section 7.03(a)] of the Financing Agreement shall be amended by deleting “$700,000” and inserting “$100,000.00” in lieu thereof.

Qualified Cash. During the Forbearance Period only, [Section 7.03(a)] of the Financing Agreement shall be amended by deleting “$700,000” and inserting “$100,000.00” in lieu thereof.

Qualified Director. “Qualified Director” means a director who, at the time action is to be taken under this Agreement:

Qualified. MTPC is a pharmaceutical company having the size and a position on the market adequate to Commercialize the Product and it and its Affiliates have the necessary qualified and experienced personnel to Develop and Commercialize the Product in the Territory in accordance with the terms of this Agreement.

Minimum Qualified Cash. At all times from the Loan Closing and prior to August 15, 2022, Borrower shall maintain Qualified Cash of at least $6,250,000 plus the Qualified Cash A/P Amount. Commencing August 15, 2022 and at all times thereafter until Borrower has achieved either the Equity Milestone or the Clinical Milestone, Borrower shall maintain Qualified Cash of at least $10,000,000 plus the Qualified Cash A/P Amount; provided that at such time that Borrower has achieved either the Equity Milestone or the Clinical Milestone, and at all times thereafter, the Borrower shall maintain Qualified Cash of at least $6,250,000 plus the Qualified Cash A/P Amount.