Continuation Fee. On or before the [**] Business Day after the Effective Date, Amgen shall pay to Infinity a one-time, non-refundable license fee of Two Million Five Hundred Thousand Dollars ($2,500,000).
Continuation Fee. A non-refundable, non-creditable “Continuation Fee” in the applicable amount set forth in the table below based on the timing of such payment: Timing Amount of the Continuation Fee If paid on or before March 31, 2010 $[***] If paid after March 31, 2010 but on or before July 1, 2010 $[***] If paid after July 1, 2010 but on or before October 1, 2010 $[***] If paid after October 1, 2010 $[***]
Continuation Fee. On the Restatement Date, the Company shall pay to the Agent for the benefit of the Lenders a fee equal to $25,000 as consideration for the continuation of the Floor Plan Loans under the terms and conditions of this Third Amended and Restated Credit Agreement.
Continuation Fee. The Borrower shall pay to the Agent, if ----------------- applicable, the Continuation Fee (defined below) for the account of each Lender, pro rata according to the sum of such Lender's Revolving Committed Amount and the total outstanding principal amount of the Term Loans owed to such Lender (the "Credit Exposure") as of the applicable Fee Determination Date. As used herein, "Continuation Fee" shall mean a fee due and payable only if the Credit Party Obligations have not been paid in full on or before March 31, 1999, which fee shall equal (a) 0.25% of the Credit Exposure on the Fee Determination Date that occurs on March 31, 1999, plus (b) 0.50% of the Credit Exposure on each ---- subsequent Fee Determination Date, which Continuation Fee shall be earned and payable on each Fee Determination Date, but payment shall be deferred until the date upon which the Credit Party Obligations are paid in full, or at final maturity of the Credit Party Obligations, whichever first occurs. As used herein, "Fee Determination Date" shall mean the last day of each fiscal quarter of Holding, commencing March 31, 1999.
Continuation Fee. If at any time on or after September 30, 2004, the Company does not have an executed contract for the sale of the Tools Business, with a scheduled closing date on or before the scheduled Maturity Date and in an amount sufficient to pay in full all obligations outstanding hereunder (a “Sufficient Sale Contract”), the Company shall pay to the Administrative Agent for the account of each Lender a continuation fee equal to the Continuation Fee Percentage on the amount of such Lender’s outstanding Loan on the date of the payment thereof. Such continuation fee shall be payable (a) on September 30, 2004 if the Company does not have a Sufficient Sale Contract on such date; and (b) if the Company has a Sufficient Sale Contract on September 30, 2004 but such contract is later terminated (for whatever reason), on the earlier of the date of such termination and the Maturity Date.
Continuation Fee. In the event that the Facility Termination Date has not occurred as of November 30, 2003, the Borrower will pay to the Agent, for the benefit of those Lenders that approved Amendment No. 2 to Credit Agreement dated as of February 3, 2003, a fee in an amount equal to 0.25% of the Revolving Credit Commitment of each such Lender on such date (after giving effect to all reductions of the Total Revolving Credit Commitment through such date, including any reductions scheduled to take effect on such date).
Continuation Fee. The Borrower agrees to pay to the Agent (for and on behalf of the NFAD Banks) on December 8, 1996, if the Payout Date shall not have previously occurred, a continuation fee of $150,000. The Borrower's obligation (if applicable) to pay this fee is an obligation of the Borrower under this Agreement and is secured by the Security Documents and entitled to the benefits of the Guarantee Agreements."
Continuation Fee. In consideration of Xxxxxxx’x continuation of license rights granted under Section 2.1.1 and 2.1.2, a continuation fee in the amount of sixty-five million US dollars ($65,000,000) shall be due from Xxxxxxx to Geron upon Xxxxxxx’x delivery of a Continuation Notification (or Geron’s deemed receipt thereof) pursuant to Section 2.1.8 (a) or (b) and payable within [*] ([*]) days thereafter. Notwithstanding the foregoing, such payment of sixty-five million US dollars ($65,000,000) shall be [*] (for clarity, [*] equals sixty-five million US dollars ($65,000,000)).
Continuation Fee. At the times and in the amounts set forth below, the Borrowers shall pay to the Administrative Agent for the account of each Lender a fee (the "Continuation Fee"), on the amount of each Lender's Commitment as of the Closing Date. The Continuation Fee shall be a per annum rate equal to (i) in the event the Commitments are not terminated and the Obligations (other than contingent indemnification obligations) are not paid in full in cash by March 31, 2005, $1,135,406, (ii) in the event the Commitments are not terminated and the Obligations (other than contingent indemnification obligations) are not paid in full in cash by June 30, 2005, $227,081, (iii) in the event the Commitments are not terminated and the Obligations (other than contingent indemnification obligations) are not paid in full in cash by September 30, 2005, $227,081, and (iv) in the event the Commitments are not terminated and the Obligations (other than contingent indemnification obligations) are not paid in full in cash by January 2, 2006, $227,081. Such fees shall be fully earned as of the Closing Date and shall be due and payable as of the dates set forth in clauses (i) through (iv) above; provided, that such fees shall only be due and payable on each such date if the Commitments have not been terminated (unless terminated by operation of law) and the Obligations have not been paid in full in cash (other than contingent indemnification obligations) by such date.
Continuation Fee. The Borrower agrees to pay to the Agent on the NTAD (for the account of the Banks party to this Agreement on NTAD) a non-refundable continuation fee of $100,000. The Borrower's obligation to pay this fee is an obligation of the Borrower under the Agreement and is secured by the Security Documents and entitled to the benefits of the Guarantee Agreements.
