Common use of Purchase Fee Clause in Contracts

Purchase Fee. In connection with each Transaction, the Seller will pay the Buyer, in lieu of a portion of the Pricing Rate, an amount upfront on the date of purchase equal to the sum of the following: (a) the product of .39% multiplied by that amount of the Purchase Price for the Transaction which is less than or equal to PPF, plus (b) the product of .75% multiplied by that amount of the Purchase Price for the Transaction which is greater than PPF. For purposes of calculating the Purchase Fee, PPF shall be determined as follows: PPF = $100,000,000 - APP, provided PPF shall never be less than 0, and where APP is the combined aggregate amount of Purchase Prices paid by Buyer with respect to all Transactions under both Terms Annex 2002-A and Terms Annex 2002-B which have been entered into prior to the Transaction for which the Purchase Fee is being calculated. Provided, however, that the foregoing fee shall not be payable in connection with any repricing pursuant to Section 6 below or any substitution of securities permitted under the Agreement.

Purchase Fee. In connection with each Transaction, the Seller will pay the Buyer, in lieu of a portion of the Pricing Rate, an amount upfront on the date of purchase equal to the sum of the following: (a) the product of .391.14% multiplied by that amount of the Purchase Price for the Transaction which is less than or equal to PPF, plus (b) the product of .751.50% multiplied by that amount of the Purchase Price for the Transaction which is greater than PPF. For purposes of calculating the Purchase Fee, PPF shall be determined as follows: PPF = $100,000,000 - APP, provided PPF shall never be less than 0, and where APP is the combined aggregate amount of Purchase Prices paid by Buyer with respect to all Transactions under both Terms Annex 2002-A and Terms Annex 2002-B which have been entered into prior to the Transaction for which the Purchase Fee is being calculated. Provided, however, that the foregoing fee shall not be payable in connection with any repricing pursuant to Section 6 below or any substitution of securities permitted under the Agreement.