Common use of Fees Fully Earned Clause in Contracts

Fees Fully Earned. Unless otherwise provided in this Agreement or in a separate writing by Agent and/or the applicable Lender, Borrower shall not be entitled to any credit, rebate, or repayment of any fees earned by Agent or any Lender pursuant to this Agreement notwithstanding any termination of this Agreement or the suspension or termination of any Lender’s obligation to make loans and advances hereunder. Agent may deduct amounts owing by Borrower under the clauses of this Section 2.4 pursuant to the terms of Section 2.5(c). Agent shall provide Borrower written notice of deductions made from the Designated Deposit Account pursuant to the terms of the clauses of this Section 2.4.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Avalara Inc)

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Fees Fully Earned. Unless otherwise provided in this Agreement or in a separate writing by Agent and/or the applicable LenderAgreement, Borrower shall not be entitled to any credit, rebate, or repayment of any fees earned by Agent or any Lender Lenders pursuant to this Agreement notwithstanding any termination of this Agreement or the suspension or termination of any Lender’s obligation Lenders’ obligations to make loans and advances hereunder. Agent may may, for the ratable benefit of the Lenders, deduct amounts owing by Borrower under the clauses of this Section 2.4 pursuant to the terms of Section 2.5(c2.3(e). Agent shall provide Borrower and Lenders written notice of deductions made from the Designated Deposit Account pursuant to the terms of the clauses of this Section 2.4.

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Apptio Inc)

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Fees Fully Earned. Unless otherwise provided in this Agreement or in a separate writing by Agent and/or or the applicable Lender, Borrower shall not be entitled to any credit, rebate, or repayment of any fees earned by Agent or any Lender pursuant to this Agreement notwithstanding any termination of this Agreement or the suspension or termination of any Lender’s obligation to make loans and advances hereunder. Agent may deduct amounts owing by Borrower under the clauses of this Section 2.4 pursuant to the terms of Section 2.5(c). Agent shall provide Borrower written notice of deductions made from the Designated Deposit Account pursuant to the terms of the clauses of this Section 2.4.

Appears in 1 contract

Samples: Loan and Security Agreement (AtriCure, Inc.)

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