Liquidation Fee. The Borrower shall, in addition to the Loan Assets, pay to the Lender a liquidation fee equal to the amount of fee(s) that the Lender would have received between the period commencing on the day after the Loan Assets were repaid to and excluding the relevant Maturity Date (the “Liquidation Fee”) in the event a Loan is terminated or repaid (i) as a result of an Event of Default, or (ii) following a Close Out. Any Liquidation Fees shall be paid to the Lender, at the same time as and together with, the repayment of Loan Assets in USD.
Appears in 2 contracts
Sources: Master Loan Agreement (Fold Holdings, Inc.), Master Loan Agreement (Fold Holdings, Inc.)