Documentation Fee Payment. On the Closing Date, Borrower shall reimburse Lender pursuant to Section 9.8(a) of the Loan and Security Agreement for (i) its reasonable attorneys’ fees, costs and expenses incurred in connection with the preparation and negotiation of the Loan Documents and (ii) such Lender’s costs and filing fees related to perfection of its Liens in the Collateral in any jurisdiction in which the same is located, recording a copy of the Intellectual Property Security Agreement with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, and confirming the priority of such Liens.
Documentation Fee Payment. Pursuant to Section 9.8(a) of the Loan and Security Agreement, Borrower shall pay Lender, on demand, the total amount of Lender’s actual costs and expenses incurred in connection with the preparation and negotiation of the Loan Documents, including legal fees, plus actual filing fees incurred by Lender or its counsel related to perfection of the Liens granted under the Loan and Security Agreement.
Documentation Fee Payment. On the Closing Date, Borrower shall reimburse each Lender and Agent pursuant to Section 9.8(a) of the Loan and Security Agreement for (i) its reasonable and documented out-of-pocket attorneys’ fees, costs and expenses incurred in connection with the preparation and negotiation of the Loan Documents and (ii) such Lender’s and Agent’s reasonable and documented out-of-pocket costs and filing fees related to perfection of its Liens in the Collateral in any jurisdiction in which the same is located, recording a copy of the Intellectual Property Security Agreement with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, and confirming the priority of such Liens.
Documentation Fee Payment. As an additional condition precedent under Section 4.2 of the Loan and Security Agreement, on or prior to the Borrowing Date of the initial Loan to be funded under Commitment No. 2, Borrower shall pay Lender the total amount of Lender’s attorneys’ fees, costs and expenses incurred and expended in connection with the preparation and negotiation of the Loan Documents and perfecting its security interests.
Documentation Fee Payment. On the Closing Date, Borrower shall make a payment to Lender in an amount equal to $25,000 (the “Documentation Fee”), which payment shall be deemed to fully reimburse Lender pursuant to Section 9.8(a) of the Loan and Security Agreement for (i) its reasonable attorneys’ fees, costs and expenses incurred in connection with the preparation and negotiation of the Loan Documents and (ii) Lender’s costs and filing fees related to perfection of its Liens in the Collateral in any jurisdiction in which the same is located, recording a copy of the Intellectual Property Security Agreement with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, and confirming the priority of such Liens. Borrower and Xxxxxx acknowledge and agree that the Documentation Fee will be debited on the Closing Date from the Primary Operating Account through an ACH transfer initiated by Xxxxxx. In addition, if the Documentation Fee is not paid to Lender in accordance with the terms of the preceding sentence then Lender shall have the right to debit the Documentation Fee at any time from the Primary Operating Account through an ACH transfer.
Documentation Fee Payment. On the Closing Date, Borrowers shall make a payment to each Lender in an amount equal to $5,000 (i.e., $10,000 in the aggregate (each, a “Documentation Fee” and together, the “Documentation Fees”)) which payment shall be deemed to fully reimburse such Lender pursuant to Section 9.8(a) of the Loan and Security Agreement for (i) its reasonable attorneys’ fees, costs and expenses incurred in connection with the preparation and negotiation of the Loan Documents and (ii) such Lender’s costs and filing fees related to perfection of its Liens in the Collateral in any jurisdiction in which the same is located, recording a copy of the Intellectual Property Security Agreement with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, and confirming the priority of such Liens. Borrowers and each Lender acknowledge and agree that on the Closing Date Lender’s Documentation Fee will be debited from the Primary Operating Account through an ACH transfer. In addition, if the Documentation Fee is not paid in accordance with the terms of the preceding sentence then each Lender shall have the right to debit its Documentation Fee at any time from the Primary Operating Account through an ACH transfer.
Documentation Fee Payment. As an additional condition precedent under Section 4.1 of the Loan and Security Agreement and pursuant to Section 9.8(a) thereof, on or prior to the initial Borrowing Date, Borrowers shall pay to Agent its and each Lender’s reasonable and actual attorneys’ fees, costs and expenses incurred and expended in connection with the preparation and negotiation of the Loan Documents, including out-of-pocket costs of perfecting Agent’s Liens against Collateral, not to exceed $15,000.00 in aggregate.
Documentation Fee Payment. Pursuant to Section 9.8(a) of the Loan and Security Agreement, Borrowers shall pay Lender, on demand, Lender’s reasonable documented costs incurred in documenting this transaction and perfecting Lender’s Liens on the Collateral, which amount shall constitute payment for the total amount of Lender’s actual legal fees, costs and expenses incurred in connection with the preparation and negotiation of the Loan Documents, not to exceed Fifty Thousand Dollars ($50,000) in aggregate amount, provided that there are no more than two rounds of comments to Lender’s standard documents.
Documentation Fee Payment. Pursuant to Section 9.8(a) of the Loan and Security Agreement, Borrower shall reimburse Lender, on demand, for Lender’s actual reasonable, documented and out-of-pocket attorneys’ fees, costs and expenses incurred in connection with the preparation and negotiation of the Loan Documents, plus Lender’s actual costs and filing fees related to perfection of its Liens in the Collateral in any jurisdiction in which the same is located, recording a copy of the Intellectual Property Security Agreement with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, and confirming the priority of such Liens (collectively, the “Documentation Fee Payment”). The Documentation Fee Payment shall not exceed $12,000 in the aggregate.
Documentation Fee Payment. As an additional condition precedent under Section 4.1 of the Loan and Security Agreement, on or prior to the Borrowing Date of the initial Loan, Borrower shall pay Lender Eight Thousand Dollars ($8,000.00), which amount shall be in full satisfaction of Lender’s attorneys’ fees, costs and expenses in connection with the preparation and negotiation of the Loan Documents pursuant to Section 9.8(a) of the Loan and Security Agreement.
