{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [7, 18]}, {"key": "pik-loan", "type": "definition", "offset": [26, 34]}, {"key": "each-lender", "type": "clause", "offset": [36, 47]}, {"key": "fees-payable", "type": "clause", "offset": [87, 99]}, {"key": "pursuant-to-section", "type": "definition", "offset": [100, 119]}, {"key": "each-borrowing", "type": "clause", "offset": [126, 140]}, {"key": "by-the-borrower", "type": "clause", "offset": [174, 189]}, {"key": "the-conditions", "type": "clause", "offset": [209, 223]}, {"key": "applicable-borrowing-date", "type": "definition", "offset": [285, 310]}], "size": 9, "snippet": "Except in the case of any PIK Loan, each Lender shall have received its portion of the fees payable pursuant to Section 2.03. Each Borrowing shall constitute a certification by the Borrower to the effect that the conditions set forth in this Section 6.03 have been fulfilled as of the applicable Borrowing Date.", "samples": [{"hash": "eitoj3s4qb8", "uri": "/contracts/eitoj3s4qb8#financing-fee", "label": "Term Loan Agreement (Valeritas Holdings Inc.)", "score": 28.1403141022, "published": true}, {"hash": "jKpMcmtS2IA", "uri": "/contracts/jKpMcmtS2IA#financing-fee", "label": "Term Loan Agreement (Valeritas Holdings Inc.)", "score": 28.0992469788, "published": true}, {"hash": "a0UMbcEme7B", "uri": "/contracts/a0UMbcEme7B#financing-fee", "label": "Term Loan Agreement (Valeritas Holdings Inc.)", "score": 27.6694049835, "published": true}], "hash": "0dad106d62d7534c4b82b50d251790d0", "id": 1}, {"snippet_links": [{"key": "in-the-event-the", "type": "clause", "offset": [0, 16]}, {"key": "securities-of-the-company", "type": "clause", "offset": [121, 146]}, {"key": "public-debt", "type": "definition", "offset": [164, 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Advisor at the time of any such Financing.", "samples": [{"hash": "55yEfNCMPFH", "uri": "/contracts/55yEfNCMPFH#financing-fee", "label": "Business Advisory Agreement (Stem Cell Therapy International, Inc.)", "score": 16.0, "published": true}, {"hash": "1Ji4QKhbTsy", "uri": "/contracts/1Ji4QKhbTsy#financing-fee", "label": "Business Advisory Agreement (Power2ship Inc)", "score": 16.0, "published": true}], "hash": "64040c232df44741a10d1d875e135bf5", "id": 9}, {"snippet_links": [{"key": "the-term", "type": "clause", "offset": [0, 8]}, {"key": "to-the-advisor", "type": "definition", "offset": [53, 67]}, {"key": "pursuant-to-section", "type": "definition", "offset": [68, 87]}], "size": 8, "snippet": "The term \u201cFinancing Fee\u201d shall mean the fees payable to the Advisor pursuant to Section 9(g).", "samples": [{"hash": "5EhILzPXNMW", "uri": "/contracts/5EhILzPXNMW#financing-fee", "label": "Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 23.7953453064, "published": true}, {"hash": "hNO2RL9oyKy", "uri": "/contracts/hNO2RL9oyKy#financing-fee", "label": "Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 21.0, "published": true}, {"hash": "gl2DTPGfCL6", "uri": "/contracts/gl2DTPGfCL6#financing-fee", "label": "Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 21.0, "published": true}], "hash": "82a61867e9e606afc2145169684061f8", "id": 6}, {"snippet_links": [{"key": "in-the-event-of", "type": "clause", "offset": [0, 15]}, {"key": "debt-financing", "type": "definition", "offset": [20, 34]}, {"key": "for-the-company", "type": "clause", "offset": [104, 119]}, {"key": "the-company-will", "type": "clause", "offset": [121, 137]}, {"key": "to-the-advisor", "type": "definition", "offset": [142, 156]}, {"key": "annual-fee", "type": "definition", "offset": [160, 170]}, {"key": "equal-to", "type": "definition", "offset": [191, 199]}, {"key": "available-under", "type": "clause", "offset": [224, 239]}, {"key": "the-financing", "type": "clause", "offset": [240, 253]}, {"key": "indirect-subsidiary", "type": "definition", "offset": [300, 319]}, {"key": "to-the-company", "type": "definition", "offset": [377, 391]}, {"key": "joint-venture-or-partnership", "type": "clause", "offset": [429, 457]}, {"key": "the-partnership", "type": "definition", "offset": [482, 497]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [502, 524]}, {"key": "cost-incurred", "type": "definition", "offset": [614, 627]}, {"key": "by-the-advisor", "type": "clause", "offset": [628, 642]}, {"key": "engaging-third-parties", "type": "clause", "offset": [646, 668]}, {"key": "arrangements-with-third-parties", "type": "clause", "offset": [768, 799]}, {"key": "with-respect-to", "type": "clause", "offset": [800, 815]}, {"key": "the-annual", "type": "clause", "offset": [851, 861]}, {"key": "the-fee", "type": "definition", "offset": [872, 879]}, {"key": "in-no-event-will", "type": "clause", "offset": [881, 897]}, {"key": "aggregate-amount", "type": "clause", "offset": [917, 933]}, {"key": "in-the-case", "type": "clause", "offset": [958, 969]}, {"key": "the-joint-venture", "type": "definition", "offset": [1055, 1072]}], "size": 8, "snippet": "In the event of any debt financing obtained (whether or not drawn), acquired or otherwise assumed by or for the Company, the Company will pay to the Advisor an annual fee (a \u201cFinancing Fee\u201d) equal to (i) 0.20% of the amount available under the financing at the Company, Partnership, or any direct or indirect subsidiary level and (ii) 0.20% of the portion that is attributable to the Company\u2019s direct or indirect investment in a Joint Venture or partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner. The Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, and nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Financing Fee. Notwithstanding the annual nature of the fee, in no event will the Company pay an aggregate amount of more than 0.50% (or, in the case of a Joint Venture, the portion of 0.50% attributable to the Company\u2019s investment in the Joint Venture) of the amount available under the financing or any refinancing of any particular financing.", "samples": [{"hash": "6xGJlBQgv9C", "uri": "/contracts/6xGJlBQgv9C#financing-fee", "label": "Advisory Agreement (Wells Core Office Income Reit Inc)", "score": 21.5106086731, "published": true}, {"hash": "1WHYIPre8lz", "uri": "/contracts/1WHYIPre8lz#financing-fee", "label": "Advisory Agreement (Wells Core Office Income Reit Inc)", "score": 20.5441474915, "published": true}, {"hash": "611vqsXPEQz", "uri": "/contracts/611vqsXPEQz#financing-fee", "label": "Advisory Agreement (Wells Core Office Income Reit Inc)", "score": 19.8542098999, "published": true}], "hash": "64ac10cf0cbf40ebf4d418a0de4cd51d", "id": 7}, {"snippet_links": [{"key": "the-advisor", "type": "definition", "offset": [0, 11]}, {"key": "equal-to", "type": "definition", "offset": [42, 50]}, {"key": "to-the-company", "type": "definition", "offset": [85, 99]}, {"key": "any-loan", "type": "clause", "offset": [106, 114]}, {"key": "to-reimburse", "type": "definition", "offset": [195, 207]}, {"key": "third-parties", "type": "clause", "offset": [208, 221]}], "size": 8, "snippet": "The Advisor shall receive a Financing Fee equal to 1.0% of the amount made available to the Company under any Loan made available to it. The Advisor may reallow some or all of this Financing Fee to reimburse third parties with whom it may subcontract to procure any such Loan.", "samples": [{"hash": "3HA0Dw4EKO0", "uri": "/contracts/3HA0Dw4EKO0#financing-fee", "label": "Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 24.1594791412, "published": true}, {"hash": "5EhILzPXNMW", "uri": "/contracts/5EhILzPXNMW#financing-fee", "label": "Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 23.7953453064, "published": true}, {"hash": "hNO2RL9oyKy", "uri": "/contracts/hNO2RL9oyKy#financing-fee", "label": "Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 21.0, "published": true}], "hash": "b13eb92190885ba43dbb07c2b24f044d", "id": 5}, {"snippet_links": [{"key": "in-the-event-of", "type": "clause", "offset": [0, 15]}, {"key": "debt-financing", "type": "definition", "offset": [20, 34]}, {"key": "for-the-company", "type": "clause", "offset": [50, 65]}, {"key": "the-company-will", "type": "clause", "offset": [67, 83]}, {"key": "to-the-advisor", "type": "definition", "offset": [88, 102]}, {"key": "upon-the-closing", "type": "clause", "offset": [120, 136]}, {"key": "equal-to", "type": "definition", "offset": [186, 194]}, {"key": "available-under", "type": "clause", "offset": [219, 234]}, {"key": "indirect-subsidiary", "type": "definition", "offset": [310, 329]}, {"key": "to-the-company", "type": "definition", "offset": [388, 402]}, {"key": "the-partnership", "type": "definition", "offset": [408, 423]}, {"key": "joint-venture-or-partnership", "type": "clause", "offset": [461, 489]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [534, 556]}, {"key": "a-portion", "type": "definition", "offset": [632, 641]}, {"key": "to-reimburse", "type": "definition", "offset": [663, 675]}, {"key": "a-non", "type": "clause", "offset": [676, 681]}, {"key": "third-party", "type": "definition", "offset": [693, 704]}, {"key": "financing-fees", "type": "clause", "offset": [796, 810]}, {"key": "fiscal-year", "type": "definition", "offset": [831, 842]}], "size": 9, "snippet": "In the event of any debt financing obtained by or for the Company, the Company will pay to the Advisor or its assignees upon the closing of such debt financing a fee (a \u201cFinancing Fee\u201d) equal to (i) 0.75% of the amount available under such debt financing, whether at the Company, Partnership, or any direct or indirect subsidiary level, and (ii) 0.75% of the portion that is attributable to the Company\u2019s or the Partnership\u2019s direct or indirect investment in a Joint Venture or partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner. The Advisor (or Sub-advisor) may reallow all or a portion of any Financing Fee to reimburse a non-Affiliated third party with whom it may subcontract to procure any such debt financing. All or any portion of the Financing Fees not taken as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine.", "samples": [{"hash": "aCyZQTOWHUm", "uri": "/contracts/aCyZQTOWHUm#financing-fee", "label": "Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)", "score": 24.4770698547, "published": true}, {"hash": "EZjwZQhiXi", "uri": "/contracts/EZjwZQhiXi#financing-fee", "label": "Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)", "score": 22.5715255737, "published": true}, {"hash": "4m85YaanMN0", "uri": "/contracts/4m85YaanMN0#financing-fee", "label": "Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)", "score": 22.3223819733, "published": true}], "hash": "65cac14578ea4b917e3c5fc2a946aed8", "id": 2}, {"snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [7, 18]}, {"key": "pik-loan", "type": "definition", "offset": [26, 34]}, {"key": "agent-shall", "type": "definition", "offset": [51, 62]}, {"key": "the-account", "type": "clause", "offset": [82, 93]}, {"key": "each-lender", "type": "clause", "offset": [97, 108]}, {"key": "fees-payable-pursuant-to-the-fee-letter", "type": "clause", "offset": [114, 153]}], "size": 7, "snippet": "Except in the case of any PIK Loan, Administrative Agent shall have received, for the account of each Lender, the fees payable pursuant to the Fee Letter.", "samples": [{"hash": "al0MSnlZ1qB", "uri": "/contracts/al0MSnlZ1qB#financing-fee", "label": "Term Loan Agreement (NanoString Technologies Inc)", "score": 30.1882266998, "published": true}, {"hash": "5k272VPYO2H", "uri": "/contracts/5k272VPYO2H#financing-fee", "label": "Term Loan Agreement (T2 Biosystems, Inc.)", "score": 28.200548172, "published": true}, {"hash": "gODkkyvblrQ", "uri": "/contracts/gODkkyvblrQ#financing-fee", "label": "Term Loan Agreement (Omeros Corp)", "score": 27.8555774689, "published": true}], "hash": "4b93059a64de8284c5925e910a28b7a9", "id": 8}, {"snippet_links": [{"key": "agent-shall", "type": "definition", "offset": [15, 26]}, {"key": "the-account", "type": "clause", "offset": [46, 57]}, {"key": "each-lender", "type": "clause", "offset": [61, 72]}, {"key": "fees-payable-pursuant-to-the-fee-letter", "type": "clause", "offset": [78, 117]}, {"key": "to-the-extent", "type": "clause", "offset": [119, 132]}, {"key": "due-and-payable", "type": "definition", "offset": [138, 153]}], "size": 9, "snippet": "Administrative Agent shall have received, for the account of each Lender, the fees payable pursuant to the Fee Letter (to the extent then due and payable).", "samples": [{"hash": "gLLpQGZzdde", "uri": "/contracts/gLLpQGZzdde#financing-fee", "label": "Loan Agreement (Alignment Healthcare, Inc.)", "score": 32.1676940918, "published": true}, {"hash": "9etld6jrhSU", "uri": "/contracts/9etld6jrhSU#financing-fee", "label": "Term Loan Agreement (Alignment Healthcare, Inc.)", "score": 31.9240245819, "published": true}], "hash": "20117e0459b0f391482cf5a7dd796942", "id": 3}, {"snippet_links": [{"key": "the-financing", "type": "clause", "offset": [0, 13]}], "size": 8, "snippet": "The Financing Fee as defined in Paragraph 8(c).", "samples": [{"hash": "gCJrrkNQiZJ", "uri": "/contracts/gCJrrkNQiZJ#financing-fee", "label": "Advisory Agreement (Wells Core Office Income Reit Inc)", "score": 21.8473644257, "published": true}, {"hash": "ih2NzuRmTGN", "uri": "/contracts/ih2NzuRmTGN#financing-fee", "label": "Advisory Agreement (Wells Core Office Income Reit Inc)", "score": 21.6146469116, "published": true}, {"hash": "6xGJlBQgv9C", "uri": "/contracts/6xGJlBQgv9C#financing-fee", "label": "Advisory Agreement (Wells Core Office Income Reit Inc)", "score": 21.5106086731, "published": true}], "hash": "59d723514008c635207cbadadc810608", "id": 4}, {"snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [7, 18]}, {"key": "pik-loan", "type": "definition", "offset": [26, 34]}, {"key": "each-lender", "type": "clause", "offset": [36, 47]}, {"key": "fees-payable", "type": "clause", "offset": [87, 99]}, {"key": "pursuant-to-section", "type": "definition", "offset": [100, 119]}], "size": 6, "snippet": "Except in the case of any PIK Loan, each Lender shall have received its portion of the fees payable pursuant to Section 2.03.", "samples": [{"hash": "eOKyhRF8EQA", "uri": "/contracts/eOKyhRF8EQA#financing-fee", "label": "Term Loan Agreement (TriVascular Technologies, Inc.)", "score": 25.8569469452, "published": true}, {"hash": "3qYTimaY962", "uri": "/contracts/3qYTimaY962#financing-fee", "label": "Term Loan Agreement (Tandem Diabetes Care Inc)", "score": 25.3422317505, "published": true}, {"hash": "5QGx0rqUkU5", "uri": "/contracts/5QGx0rqUkU5#financing-fee", "label": "Term Loan Agreement (TriVascular Technologies, Inc.)", "score": 25.1861743927, "published": true}], "hash": "f4dfd03f4ddc8f040a24a62d62fbfb12", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZmaW5hbmNpbmctZmVlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 200, "parents": [["fees", "Fees"], ["conditions-precedent", "Conditions Precedent"], ["conditions-to-each-borrowing", "Conditions to Each Borrowing"], ["fees-and-expenses", "Fees and Expenses"], ["conditions-to-third-borrowing", "Conditions to Third Borrowing"]], "title": "Financing Fee", "children": [["cash-portion", "CASH PORTION"], ["warrant-portion", "WARRANT PORTION"], ["multiple-closings", "Multiple Closings"], ["tail-provisions", "Tail Provisions"], ["financing-fee", "Financing Fee"]], "id": "financing-fee", "related": [["structuring-fee", "Structuring Fee", "Structuring Fee"], ["loan-fee", "Loan Fee", "Loan Fee"], ["acquisition-fee", "Acquisition Fee", "Acquisition Fee"], ["closing-fee", "Closing Fee", "Closing Fee"], ["monitoring-fee", "Monitoring Fee", "Monitoring Fee"]], "related_snippets": [], "updated": "2025-11-08T04:50:29+00:00", "also_ask": ["What are the most negotiable elements of a Financing Fee clause?", "Which drafting terms are essential to prevent ambiguity or disputes?", "What are the main legal risks or pitfalls associated with poorly defined Financing Fee provisions?", "How do Financing Fee clauses differ across common financing instruments or jurisdictions?", "What factors most influence a court\u2019s decision to enforce or invalidate a Financing Fee clause?"], "drafting_tip": "Specify the fee amount and payment terms to prevent disputes; define triggers for fee accrual to ensure clarity; state consequences of non-payment to reinforce enforceability.", "explanation": "A Financing Fee clause defines the payment required by a borrower to a lender or financier as compensation for arranging or providing financing. This fee is typically calculated as a percentage of the total loan amount or as a fixed sum, and is often payable upfront or at the closing of the financing transaction. The core function of this clause is to ensure the lender is compensated for their services and risk, and to clearly outline the borrower's financial obligations related to securing the loan."}, "json": true, "cursor": ""}}