Commitment Fee for Tranche A4. The Commitment Fee for Tranche A4, calculated at the rate of * * *% a year on the maximum amount of Tranche A4, will be payable quarterly in advance to the Agent from the date that the Agreement is signed to the Drawdown Date of Tranche A4 (or up until the date that the Borrower fully surrenders its rights to draw down the Tranche A4). The Agent will pay each Bank its share in pro rata to its Participation.
Appears in 2 contracts
Sources: Loan Agreement (Medicor LTD), Loan Agreement (Medicor LTD)
Commitment Fee for Tranche A4. The Commitment Fee for Tranche A4, calculated at the rate of * * *0.50% a year on the maximum amount of Tranche A4, will be payable quarterly in advance to the Agent from the date that the Agreement is signed to the Drawdown Date of Tranche A4 (or up until the date that the Borrower fully surrenders its rights to draw down the Tranche A4). The Agent will pay each Bank its share in pro rata to its Participation.
Appears in 1 contract
Sources: Loan Agreement (Medicor LTD)