Payoff Amount Sample Clauses
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Payoff Amount. The aggregate amount of Obligations owing by the Borrower on the date of this letter (the “Payoff Amount”) is as follows: Principal $0 Accrued Interest $0 Accrued Commitment Fees $_____ Accrued Letter of Credit Fees $_____ Total Payoff Amount $_____ provided, however, if the Payoff Amount is not paid in full (without condition or deduction for any counterclaim, defense, recoupment or setoff) to the Administrative Agent in Dollars in immediately available funds prior to 2:00 p.m. Eastern time on the date of this letter, as long as the Borrower has not requested any Borrowing after the date hereof, the Payoff Amount shall be increased by $[] for each twenty-four (24) hour period (or portion thereof) thereafter until the receipt of the Payoff Amount (as so increased).
Payoff Amount. Merger Partner will make a payment in an amount of $6,000,000 in the aggregate available for the purpose of satisfying the Payoff Obligation and other outstanding liabilities of Public Company (not taking into account any liabilities of the subsidiaries of Public Company) prior to or at the Effective Time (the “Payoff Amount”).
Payoff Amount. Seller shall promptly use the Payoff Amount to pay, satisfy, discharge and perform in respect of all liabilities, obligations and indebtedness of Seller under the Bank Credit Agreements as of the Closing Date.
Payoff Amount. SHW shall pay Three Million Dollars ($3,000,000) (the "Pay-off Amount") to the Bank of Tokyo-Mitsubishi by wire transfer to the account designated on Schedule 1, attached hereto.
Payoff Amount. The aggregate amount of Obligations owing by the Borrower on the date of this letter (the “Payoff Amount”) is as follows: Principal $_____ Accrued Interest $_____ Accrued Commitment Fees $_____ Accrued Letter of Credit Fees $_____ Total Payoff Amount $_____ 4839-9354-3409 v.6 provided, however, if the Payoff Amount is not paid in full (without condition or deduction for any counterclaim, defense, recoupment or setoff) to the Administrative Agent in Dollars in immediately available funds prior to 2:00 p.m. Eastern time on the date of this letter, as long as the Borrower has not requested any Borrowing or Letter of Credit after the date hereof, the Payoff Amount shall be increased by $[●] for each twenty-four (24) hour period (or portion thereof) thereafter until the receipt of the Payoff Amount (as so increased).
Payoff Amount. As of May 10, 2024 (the “Scheduled Payoff Date”), the aggregate amount payable to discharge the Obligations in full, including principal, accrued interest, fees and expenses is $[___________] (the “Payoff Amount”), the details of which are set forth below: Outstanding Principal plus Accrued but Unpaid Interest $45,450,538 Prepayment Premium $[3,200,000] Legal Fees and Expenses $[________] Payoff Amount [$ ] If the Payoff Date (as defined below) does not occur until after 12:00 noon (Eastern Time) on the Scheduled Payoff Date, the Payoff Amount shall be increased by $[__________] (the “Per Diem Amount”) on a daily basis until the Payoff Date. This Letter shall terminate and be of no force or effect if the Payoff Date does not occur by 5:00 p.m. (Eastern Time) on May 17, 2024. Nothing in this Letter, including the inclusion of the Per Diem Amount, shall be construed as an amendment to Section 2.07 of the Credit Agreement, which provides that all accrued and unpaid Obligations are due and payable on the Termination Date.
Payoff Amount. Purchaser shall pay the Payoff Amount in cash to the Key Employees at the Closing.
Payoff Amount. At or before noon (New York time) on the date hereof (the “Payoff Time”), the Amerisource Parties shall, jointly and severally, pay to (i) Bank of America, the amounts set forth on Schedule I hereto (such amounts, collectively, the “Bank of America Payoff Amount”) representing the aggregate amount due and owing to Bank of America by the Amerisource Parties under the Receivables Purchase Agreement and each of the other Transaction Documents and (ii) ▇▇▇▇▇ ▇▇▇▇▇ LLP, as counsel to Bank of America, the amount set forth on Schedule II hereto (such amount, the “Bank of America Attorney Fees”; together with the Bank of America Payoff Amount, collectively, the “Payoff Amount”) representing fees and expenses of such counsel in connection with the transactions contemplated hereby. Payment of each portion of the Payoff Amount shall be made by wire transfer of immediately available funds in accordance with the applicable payment instructions set forth on Schedules I and II hereto.
Payoff Amount. Not later than 3:00 p.m. New York City time on the date hereof, the Issuing Entity shall pay (or caused to be paid) to BNS, as Managing Agent for the Liberty Street Purchaser Group, the following amounts with respect to the Series 2012-VFN held by BNS on behalf of the Liberty Street Purchaser Group: Principal: $43,750,000 Accrued Series 2012-VFN Monthly Interest: $41,231.94 Accrued Non-Use Fees: $34,895.84
Payoff Amount. Not later than 3:00 p.m. New York City time on the date hereof, the Issuing Entity shall pay (or caused to be paid) to Deutsche Bank, as Managing Agent for the Deutsche Bank Purchaser Group, the following amounts with respect to the Series 2012-VFN Note held by Deutsche Bank on behalf of the Deutsche Bank Purchaser Group: Principal: $61,250,000 Accrued Series 2012-VFN Monthly Interest: $7,483.06 Accrued Non-Use Fees: $5,166.67