Common use of Payment of Purchase Money Notes Guaranty Fee Clause in Contracts

Payment of Purchase Money Notes Guaranty Fee. In consideration of the Purchase Money Notes Guarantor agreeing to guaranty certain obligations of Debtor pursuant to the Purchase Money Notes in accordance with the Purchase Money Notes Guaranty, the Receiver, for and on behalf of Debtor, shall pay to the Purchase Money Notes Guarantor on the Closing Date a fee equal to 3% of the aggregate original principal amount of the Purchase Money Notes (the “Purchase Money Notes Guaranty Fee”). To effect reimbursement and repayment of the Purchase Money Notes Guaranty Fee to the Receiver, the Purchase Money Notes Guaranty Fee will be added to the aggregate principal amount of the Purchase Money Notes and paid by Debtor when and as it satisfies the Purchase Money Notes.

Payment of Purchase Money Notes Guaranty Fee. In consideration of the Purchase Money Notes Guarantor agreeing to guaranty certain obligations of Debtor pursuant to the Purchase Money Notes in accordance with the Purchase Money Notes Guaranty, the Receiver, for and on behalf of Debtor, shall pay to the Purchase Money Notes Guarantor on the Closing Date a fee equal to 33.2% of the aggregate original principal amount of the Purchase Money Notes (the “Purchase Money Notes Guaranty Fee”). To effect reimbursement and repayment of the Purchase Money Notes Guaranty Fee to the Receiver, the Purchase Money Notes Guaranty Fee will be added to the aggregate principal amount of the Purchase Money Notes and paid by Debtor when and as it satisfies the Purchase Money Notes.