Common use of Commitment Premium Clause in Contracts

Commitment Premium. The Credit Parties shall have paid (or such amounts shall be paid concurrently with the Closing) to each Commitment Party the applicable Commitment Premium payable to such Commitment Party as set forth in Section 3.2 hereof.

Appears in 1 contract

Sources: Backstop and Private Placement Agreement (Party City Holdco Inc.)

Commitment Premium. The Credit Parties shall have paid (or such amounts shall be paid concurrently with the Closing) to each Commitment Backstop Party the applicable Commitment Premium payable to such Commitment Party as set forth in Section 3.2 hereof.

Appears in 1 contract

Sources: Backstop Agreement (Martin Midstream Partners L.P.)