Incremental Fee Clause Samples
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Incremental Fee. Upon execution of this Agreement, the Lenders and the "Lenders" under the 2000 Credit Agreement shall fully earn a fee equal to $2,000,000 (the "Incremental Fee"). The Incremental Fee shall be payable to the Administrative Agent (for the ratable benefit of the Lenders hereunder and the "Lenders" under the 2000 Credit Agreement) in the following manner: (i) $1,000,000 on September 30, 2001 and (ii) $1,000,000 on the Final Maturity Date; provided that the portion of the Incremental Fee due on September 30, 2001 shall be prepaid in whole or in part upon an asset sale or other disposition, a New Capital Transaction or receipt of a federal income tax refund as provided in Section 2.09. If all Obligations are repaid or otherwise satisfied and all Revolving Credit Commitments are terminated prior to March 31, 2002, payment of the $1,000,000 portion of the Incremental Fee due on the Final Maturity Date shall be forgiven.
Incremental Fee. Upon execution of Amendment No. 6 to this Agreement, the Lenders and the "Lenders" under the 2000 Credit Agreement shall fully earn a fee equal to $2,000,000 (the "Incremental Fee"). The Incremental Fee shall be payable to the Administrative Agent (for the ratable benefit of the Lenders hereunder and the "Lenders" under the 2000 Credit Agreement) in the following manner: (i) $1,000,000 on September 30, 2001 and (ii) $1,000,000 on the Final Maturity Date; provided that the portion of the Incremental Fee due on September 30, 2001 shall be prepaid in whole or in part upon an asset sale or other disposition, a New Capital Transaction or receipt of a federal income tax refund as provided in Section 2.09; and provided further that the portion of the Incremental Fee referenced in clause (ii) above shall be paid-in-kind and bear interest commencing on the Eighth Amendment Date at a rate equal to the rate borne by Alternate Base Loans from time to time."
Incremental Fee. (a) Subject to paragraph (c) below, the incremental fee payable to the Agent (for the account of the Arranger) under clause 11.4 (Incremental fee) of the Agreement shall be an amount equal to 0.50% of the Total Commitments as at the date falling six Months after the Signing Date (and taking account of any cancellation of Commitments taking effect on that date) (the Incremental Fee Date) (the Incremental Fee).
(b) Subject to paragraph (c) below, the Incremental Fee shall be payable on the Incremental Fee Date.
(c) The incremental fee shall only be payable if, as at the Incremental Fee Date, the amount of the Loans outstanding as at the Incremental Fee Date is equal to or greater than 50% of the Total Commitments as at the Signing Date.
Incremental Fee. In addition to the Base Fee, PlanetRx shall pay ESI an incremental fee each quarter calculated on an annualized basis upon the number of ESI members making any type of purchase on the PlanetRx site during the year.
Incremental Fee. The Company shall pay to the Arranger an incremental fee in the amount and at the times agreed in a Fee Letter.