Additional Facility Fee Sample Clauses

Additional Facility Fee. A fully earned, non-refundable facility fee of Thirty Thousand Dollars ($30,000) (the “Additional Facility Fee”) is earned as of the date hereof and shall be payable on the date which is ninety (90) days from Sixth Amendment Date (the “Additional Facility Fee Payment Date”). Notwithstanding the foregoing, ORIX agrees to waive the Additional Facility Fee if all outstanding obligations relating to the Revolving Loans are paid in full and the Revolving Loans are terminated, prior to the Additional Facility Fee Payment Date.
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Additional Facility Fee. Loan Parties covenant and agree that, in consideration for the accommodations and amendments provided for herein, Loan Parties shall pay to Lender an additional facility fee ("Additional Facility Fee") equal to $50,000 contemporaneously with the execution hereof, which such fee shall be nonrefundable.
Additional Facility Fee. As inducement for the Lender to enter into this Amendment, the Borrower shall issue to the Lender, upon execution of this Amendment, a Warrant for the purchase of 10,000,000 shares of Common Stock of the Borrower at a purchase price equal to $.16 per share, substantially in the form attached to this Amendment as Exhibit 3.5 (E-1). The last sentence of Section 12 of the Third Amendment to the Agreement is hereby deleted in its entirety.
Additional Facility Fee. On or before June 1, 2005, an additional nonrefundable Facility Fee equal to $6,250, which shall be fully earned by Bank as of the Closing Date; and
Additional Facility Fee. As inducement for the Lender to enter into this Agreement, the Borrower shall issue to the Lender, upon execution of this Agreement, a warrant for the purchase of 3,000,000 shares of Common Stock of the Borrower at an exercise price equal to $.25 per share for a term of 10 years, substantially in the form attached to this Agreement as Exhibit 3.4.
Additional Facility Fee. In the event that Lenders and Agent, in their sole discretion, agree from time to time to increase the Maximum Credit Limit, Borrower shall at the time of any such increase (as a condition thereof), pay to Agent, for the benefit of Lenders in accordance with their respective Pro Rata Percentages, a non-refundable additional facility fee ("Additional Facility Fee") in an amount equal to one-quarter of one percent (1/4%) of the applicable increase. Notwithstanding the foregoing, Lenders and Agent shall at no time be obligated to increase the Maximum Credit Limit.
Additional Facility Fee. In consideration of Bank entering into this Amendment, Borrowers shall pay to Bank a fee in the amount of Sixty Thousand Dollars ($60,000.00). Such fee shall be payable (a) Thirty Thousand Dollars ($30,000.00) contemporaneously with the execution hereof, and (b) Thirty Thousand Dollars ($30,000.00) on May ____, 1997. Bank is authorized to deduct such payments when due from any account of any Borrower maintained with Bank. 5.
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Related to Additional Facility Fee

  • Facility Fee The Company shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a facility fee, in Dollars, equal to the Applicable Rate for facility fees times the actual daily amount of the Aggregate Commitments (or, if the Aggregate Commitments have terminated, on the Outstanding Amount of all Committed Loans, Swing Line Loans and L/C Obligations), regardless of usage, subject to adjustment as provided in Section 2.18. The facility fee shall accrue at all times during the Availability Period (and thereafter so long as any Committed Loans, Swing Line Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in Article IV are not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period (and, if applicable, thereafter on demand). The facility fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate for facility fees during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate for facility fees separately for each period during such quarter that such Applicable Rate for facility fees was in effect.

  • Additional Facilities If the CAISO determines that it requires Operational Control over additional transmission lines and associated facilities not then constituting part of the CAISO Controlled Grid in order to fulfill its responsibilities in relation to the CAISO Controlled Grid then the CAISO shall apply to FERC pursuant to Section 203 of the Federal Power Act, and shall make all other regulatory filings necessary to obtain approval for such change of control and shall serve a copy of all such applications on the affected Participating TO and the owner of such lines and facilities (if other than the Participating TO). In the event that a Party invokes the dispute resolution provisions identified in Section 15 with respect to the transfer of Operational Control over a facility, such facility shall not be transferred while the dispute resolution process is pending except pursuant to Section 4.5.2.

  • Commitment Fee The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share, a commitment fee equal to the Applicable Rate with respect to commitment fees times the actual daily amount by which the aggregate Revolving Credit Commitment exceeds the sum of (A) the Outstanding Amount of Revolving Credit Loans (which shall exclude, for the avoidance of doubt, any Swing Line Loans) and (B) the Outstanding Amount of L/C Obligations; provided that (x) any commitment fee accrued with respect to any of the Commitments of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time and (y) no commitment fee shall accrue on any of the Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee on each Revolving Credit Facility shall accrue at all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Date, and on the Maturity Date for the Revolving Credit Facility. The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • LC Facility Fees Borrowers shall pay (a) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Margin in effect for LIBOR Revolver Loans times the average daily stated amount of Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Agent, for its own account, a fronting fee equal to 0.125% per annum on the stated amount of each Letter of Credit, which fee shall be payable monthly in arrears, on the first day of each month; and (c) to Issuing Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Letters of Credit, which charges shall be paid as and when incurred. During an Event of Default, the fee payable under clause (a) shall be increased by 2% per annum.

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