Common use of Final Payment Fee Clause in Contracts

Final Payment Fee. Upon the repayment in full of all outstanding principal amounts with respect to any Term Loan (whether voluntarily, scheduled or mandatory or otherwise), Borrower shall pay to Agent, for the ratable accounts of Lenders, a fee equal to 4% of the original principal amount of such Term Loan (the “Final Payment Fee”).

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Final Payment Fee. Upon the repayment in full of all outstanding principal amounts with respect to any of the Term Loan (whether voluntarily, scheduled or mandatory or otherwise), Borrower shall pay to Agent, for the ratable accounts of Lenders, a fee equal to 44.0% of the original principal amount of such the Term Loan (as funded on the “Final Payment Fee”)Closing Date, or, if an Additional Capital Raise is completed on or before 31 March 2008, 3.0% of the original principal amount of the Term Loan as funded on the Closing Date.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Peplin Inc), Loan Agreement (Peplin Inc)

Final Payment Fee. Upon the repayment in full of all outstanding principal amounts with respect to any Term Loan (whether voluntarily, scheduled or mandatory or otherwise), Borrower shall pay to Agent, for the ratable accounts of LendersLenders based on their Pro Rata Share of the Term Loan Commitments, a fee equal to 41% of the original principal amount of such Term Loan (the “Final Payment Fee”).

Appears in 2 contracts

Samples: Loan and Security Agreement (Salient Surgical Technologies, Inc.), Loan and Security Agreement (Salient Surgical Technologies, Inc.)

AutoNDA by SimpleDocs

Final Payment Fee. Upon the repayment in full of all outstanding principal amounts with respect to any the Term Loan (whether voluntarily, scheduled or mandatory or otherwise), Borrower shall pay to Agent, for the ratable accounts of LendersLenders based on their Pro Rata Share of the Term Loan Commitments, a fee equal to 41% of the original principal amount of such the Term Loan (the “Final Payment Fee”).

Appears in 1 contract

Samples: Loan and Security Agreement (Salient Surgical Technologies, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.