Common use of Closing Fee Clause in Contracts

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date.

Appears in 2 contracts

Sources: Credit Agreement (JMP Group Inc.), Credit Agreement (JMP Group Inc.)

Closing Fee. On the Closing Date, Borrower shall pay Lender a fee equal to $97,500 on account of the Term Loan, which fees shall be fully earned when paid (collectively, the “Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date).

Appears in 2 contracts

Sources: Loan and Security Agreement (Xactly Corp), Loan and Security Agreement (Xactly Corp)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) has paid to Lender in the amount a closing fee of $75,000. The Closing Fee shall be due 85,000.00, which was fully earned and payable nonrefundable on the Closing Date. Borrower shall pay an additional closing fee of $25,000.00 which shall be fully earned and nonrefundable on the Effective Date.

Appears in 2 contracts

Sources: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender on the Closing Date a closing Fee in the aggregate amount of $75,000200,000 (the "Closing Fee"). The Closing Fee shall be due is fully-earned and payable on non-refundable as of the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Lincoln Educational Services Corp)

Closing Fee. The Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date, a closing fee to the Lender in an amount equal to $232,500. COMMITMENT FEE: The Borrower shall pay on the Closing Date, a commitment fee to the Lender in an amount equal to $77,500. ADMINISTRATIVE FEE: The Borrower shall pay on the Closing Date and an each anniversary thereof, an administrative fee to the Lender in an amount equal to $25,000 per annum.

Appears in 1 contract

Sources: Senior Secured Credit Facility (Nicole Crafts LLC)

Closing Fee. On the Closing Date, Borrower shall pay Lender a fee equal to $10,000 on account of the Operating Loan Commitment and $100,000 on account of the Term Loan, which fees shall be fully earned when paid (collectively, the “Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date).

Appears in 1 contract

Sources: Loan and Security Agreement (Xactly Corp)

Closing Fee. Borrower shall pay to Lender on the Closing Date a closing fee in the aggregate amount of $277,500 (the “Closing Fee”) to Lender in the amount of $75,000. The ), which Closing Fee shall be due is fully-earned and payable on non-refundable as of the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Twinlab Consolidated Holdings, Inc.)

Closing Fee. On the Closing Date, Borrower shall pay Lender a closing fee equal to $1,800,000.00 (the “Closing Fee”) to Lender in which fee shall be fully earned as of the amount of $75,000Closing Date and shall not be refundable. The Closing Fee shall be due and payable deducted from the proceeds of the Loan funded on the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Atlas Energy Solutions Inc.)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount of $75,000125,000. The Closing Fee shall be due and payable on the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Imperial Capital Group, Inc.)

Closing Fee. The Borrower shall pay the Lender, on the Closing Date, a closing fee (the "Closing Fee") to Lender in the amount of $75,000. The 62,500, which Closing Fee shall be due and payable fully earned by the Lender on the Closing Date. The Lender and the Borrower agree that the Closing Fee shall be financed by the Lender as a One-Month LIBOR Rate Revolving Loan.

Appears in 1 contract

Sources: Loan and Security Agreement (TFC Enterprises Inc)

Closing Fee. Upon closing of this Agreement by Borrower and Lender, Borrower shall pay a fee (the “Closing Fee”) to Lender a closing fee in the an amount of equal to $75,000. The Closing Fee shall be due and 500,000, payable $400,000 on the Closing DateDate and $100,000 on the date of funding of the Third Term Loan Advance.

Appears in 1 contract

Sources: Loan and Security Agreement (Greka Energy Corp)

Closing Fee. The Borrower shall pay to the Lenders on the Closing Date a closing fee in the amount of Nine Hundred Thirty Thousand Dollars ($930,000) (the “Closing Fee”) ), to Lender be allocated among the Lenders in the amount of $75,000. The Closing Fee shall be due and payable accordance with their respective percentages as set forth on the Closing DateSchedule 2.1(a).

Appears in 1 contract

Sources: Term Loan Agreement (Golden Queen Mining Co LTD)

Closing Fee. Borrower shall pay to Bank a fee (the "Closing Fee") to Lender in the amount of $75,000. The Closing Fee 5,000.00, which shall be nonrefundable, fully earned and due and payable on the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (E Loan Inc)

Closing Fee. Borrower Borrowers shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of $75,000. The Closing Fee 100,000, which fee shall be fully earned on the date of disbursement of the initial Loans hereunder, and shall be payable as follows: (a) $50,000 shall be due and payable on the Closing Date; and (b) $50,000 shall be due and payable on the one-year anniversary of the Closing Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Broadwind Energy, Inc.)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of $75,000. The Closing Fee 175,000, which shall be due fully earned and payable (except to the extent otherwise required by Applicable Law) nonrefundable on the Closing Date. This closing fee shall be paid as follows: (i) $75,000 shall be paid concurrently with the initial Loan hereunder, and (ii) the remaining $100,000 shall be paid on or before December 31, 1997.

Appears in 1 contract

Sources: Loan and Security Agreement (Bayard Drilling Technologies Inc)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in as a closing fee the amount of $75,000. The Closing Fee 37,500 for the loan evidenced by the Line of Credit and $40,000 for the loan evidenced by the Term Loan, which shall be due fully earned as of and payable on the Closing Datedate hereof.

Appears in 1 contract

Sources: Loan Agreement (Stevens International Inc)

Closing Fee. Borrower Borrowers shall pay a fee (the “Closing Fee”) to Lender in as a closing fee the amount of $75,000. The Closing Fee 225,000 or five tenths of one percent (0.5%) of Term Loan D, whichever is greater, which shall be due fully earned as of and payable on the Closing Datedate of execution hereof.

Appears in 1 contract

Sources: Loan and Security Agreement (Nutritional Sourcing Corp)

Closing Fee. The Borrower shall hereby agrees to pay Lender a closing fee (the “Closing Fee”) equal to Lender in the amount of $75,000. The Closing Fee 123,125, which fee shall be due and payable on the Closing DateDate upon the funding of the Term Loan and shall be fully earned when paid (the “Closing Fee”).

Appears in 1 contract

Sources: Loan and Security Agreement (GlassHouse Technologies Inc)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of $75,000. The Closing Fee 125,000, of which $50,000 has been paid to Lender, which shall be due fully earned and payable non-refundable on the Closing DateDate and shall be paid concurrently with and from the proceeds of the initial Loan hereunder.

Appears in 1 contract

Sources: Loan Agreement (Fresh Foods Inc)

Closing Fee. On the Closing Date, the Borrower shall pay to the Lender a one time closing fee in the amount of Three Hundred Thirty Thousand and No/100 Dollars (the $330,000.00) in immediately available funds, which fee shall be nonrefundable and deemed fully earned as of such date (“Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date).

Appears in 1 contract

Sources: Term Loan and Security Agreement (Tandem Health Care, Inc.)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of One Hundred Thirty-Five Thousand Dollars ($75,000. The Closing Fee 135,000), which shall be due fully earned and payable (except to the extent otherwise required by Applicable Law) nonrefundable on the Closing Date, and shall be paid concurrently with the initial Loan hereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (Black Warrior Wireline Corp)

Closing Fee. Borrower On the Closing Date, Borrowers shall pay to Lender a Closing Fee of one percent (1.00%) of the Original Loan Amount, which fee may be paid for from Loan proceeds (the “Closing Fee”) to Lender ). All fees provided for in the amount of $75,000. The Closing Fee shall be due and payable this Section 2.9 are deemed fully earned on the Closing Datedate due.

Appears in 1 contract

Sources: Loan Agreement (Adcare Health Systems Inc)

Closing Fee. On the Closing Date, the Borrower shall pay to the Lender a one-time closing fee in the amount of Four Hundred Seventy-Five Thousand and No/100 Dollars (the $475,000.00) in immediately available funds, which fee shall be nonrefundable and deemed fully earned as of such date (“Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date).

Appears in 1 contract

Sources: Loan and Security Agreement (Tandem Health Care, Inc.)

Closing Fee. Borrower shall pay to Lender as a closing fee (the “Closing Fee”) inclusive of any commitment fees paid to Lender in the by Borrower and DEY) an aggregate amount for both Borrower and DEY of Two Hundred Se▇▇▇teen Thousand Five Hundred Dollars ($75,000. The Closing Fee 217,500), which fee shall be due fully earned as of and payable on the Closing Datedate hereof.

Appears in 1 contract

Sources: Loan and Security Agreement (Source Interlink Companies Inc)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of Twenty Thousand Dollars ($75,000. The Closing Fee 20,000), which shall be due fully earned and payable nonrefundable on the Closing Date and shall be paid on the Closing Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Allied Healthcare Products Inc)

Closing Fee. Borrower Borrowers shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of $75,000. The Closing Fee 300,000, which fee shall be due fully earned and payable nonrefundable on the Closing DateDate and shall be paid concurrently with the initial Loans hereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (Avalon Community Services Inc)

Closing Fee. Borrower Borrowers shall pay to Lender as a closing fee (the “"Closing Fee") an amount equal to One Hundred Twenty Nine Thousand Dollars ($129,000.00), which shall be fully earned and payable as of the date hereof provided, however, that all amounts paid to Lender in the amount of $75,000. The Closing Fee under Section 3.3 shall be due and payable on credited toward payment of the Closing DateFee.

Appears in 1 contract

Sources: Loan and Security Agreement (Rockford Corp)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of $75,000. The Closing Fee 65,000, which shall be due fully earned and payable nonrefundable on the Closing Date.Date and shall be paid concurrently with the initial Loan hereunder. The deposit of $45,000 heretofore paid to Lender shall be

Appears in 1 contract

Sources: Loan and Security Agreement (Denali Inc)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on On the Closing Date, the Borrower will pay to the Lender a fully earned and nonrefundable closing fee of $25,000.

Appears in 1 contract

Sources: Credit Agreement (Cabot Microelectronics Corp)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of $75,000. The Closing Fee 50,000.00 which shall be due fully earned and payable nonrefundable on the Closing DateDate and shall be paid concurrently with the initial Loan hereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (KVH Industries Inc \De\)

Closing Fee. Borrower shall pay to Lender a closing fee equal to $243,750 (the “Closing Fee”) to Lender in the amount of $75,000. The Closing Fee shall be due and payable on or before the Closing Date, it being acknowledged that Borrower has paid $24,375 of this amount prior to the date hereof.

Appears in 1 contract

Sources: Credit Agreement (Great Plains Ethanol LLC)

Closing Fee. The Borrower shall pay to the Lender a closing fee equal to one and one-quarter percent (1.25%) multiplied by the “Closing Fee”sum of (i) to Lender in the amount of $75,000Revolving Loan Commitment and (ii) the Term Loan Commitment. The Closing Fee closing fee shall be due earned and payable in full to the Lender on the Closing Date.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Mexican Restaurants Inc)

Closing Fee. On the Closing Date, the Borrower shall pay in cash to the Lender a non-refundable fee (the "Closing Fee") to Lender in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date210,000 in immediately available funds.

Appears in 1 contract

Sources: Term Loan Agreement (Diversified Food Group Inc)

Closing Fee. On the Closing Date, Borrower shall pay a fee (the “Closing Fee”) to Lender a closing fee in an amount equal to the amount sum of (i) 2% of the Term Loan, minus (ii) $75,000. The Closing Fee shall be due 50,000, in consideration of the Loan Assignment and payable on the Closing Datemaking of the New Term Loan hereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (Tropical Sportswear International Corp)

Closing Fee. Borrower shall pay a fee (the “Closing Fee”) to Lender in the amount a closing fee of $75,000. The Closing Fee , which fee shall be due fully earned and payable on the Closing Datedate of disbursement of the initial Loans hereunder.

Appears in 1 contract

Sources: Credit and Security Agreement (Singing Machine Co Inc)

Closing Fee. Borrower On or prior to the Closing Date, Borrowers shall pay a fee (the “Closing Fee”) to Lender a fully-earned, non-refundable closing fee in the amount of $75,000. The Closing Fee shall be due and payable on the Closing Date257,000.

Appears in 1 contract

Sources: Loan and Security Agreement (Kingsway Financial Services Inc)