Draw Fee. If the Company elects to exercise its call rights under Section 2.3, then the Company agrees to issue the Draw Fee to the Backstopper, or its designated Affiliate, on the Closing Date.
Draw Fee. (a) A draw fee accrues due from day to day on the daily amount of each Redraw Advance at the following rates:
Draw Fee. The City shall pay to the Bank in connection with each and every Drawing under the Letter of Credit, a nonrefundable draw fee of $350 per Drawing, payable without any requirement of notice or demand by the Bank on the day on which such Drawing is honored by the Bank under the Letter of Credit.
Draw Fee. In connection with the funding of each Advance under the Revolving Loan, the Borrower shall pay to the Lender, by way of deduction from the proceeds of such Advance, on the date of such funding, a non-refundable draw fee. The draw fee shall be equal to 1.00% of the amount of such Advance.
Draw Fee. The Borrower shall pay a fee equal to 1.50% of the amount so requested for each Letter of Credit issued by Lender.
Draw Fee. The Borrower will pay a fee equal to one and one-half (1.50%) percent of the amount requested for each Letter of Credit, calculated from the time issued until the current expiration date of the Letter. Except as hereby amended, the Agreement shall remain in full force and effect.
Draw Fee. BorrowerBorrowers shall pay to the Administrative Agent on each Advance Date out of thea Collection Account the Draw Fee then payable with respect to such Advance.
Draw Fee. The Borrowers agree to pay to the Paying Agent for the account of the Lenders a draw fee of one-tenth of one percent (0.10%) of the principal amount of the Loans made by the Lenders on any Borrowing Date (such fees, the “Draw Fee”). The Draw Fee shall be payable on the applicable Borrowing Date and shall only be payable to a Lender to the extent such Lender advances its pro rata share of the applicable Loan.
Draw Fee. Simultaneously with each Advance made on or after -------- the date hereof, Borrowers shall pay to Lender a draw fee equal to 0.375% of the amount of such Advance.
Draw Fee. The Bank shall receive a draw fee equal to one-eighth of -------- one percent (.125%) of each advance under the Line of Credit.
