Avid Bioservices Inc (CDMO)

[learningcurve2020]

They sure did get that loan back in the nick of time

(s) No Material Defaults. The Company has not defaulted on any installment on indebtedness for borrowed money or on any rental or one or more long-term leases, which defaults, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect. The Company has not filed a report pursuant to Section 13(a) or 15(d) of the Exchange Act since the filing of its last Annual Report on Form 10-K, indicating that it (i) has failed to pay any dividend or sinking fund installment on preferred stock or (ii) has defaulted on any installment on indebtedness for borrowed money or on any rental or one or more long-term leases.

Read more: http://www.faqs.org/sec-filings/110613/CURIS-INC_8-K/dex11.htm#b#ixzz2A9hwE9bU