REPURCHASE FEE Sample Clauses

REPURCHASE FEE. Section 2.8 None.

REPURCHASE FEE. The Repurchase Fee for each Repurchased Contract shall be twenty-five Dollars ($25.00). This fee will apply only if SELLER cancels a contract.

REPURCHASE FEE. The Repurchase Fee for each Repurchased Contract shall be ten dollars ($10.00)

REPURCHASE FEE. The Borrowers hereby agree that, upon the purchase by the Company of any common stock of the Company, the Borrowers shall have an irrevocable obligation to pay to the Administrative Agent for the benefit of the Lenders, a nonrefundable fee (the "Repurchase Fee") calculated on a daily basis by multiplying .2667% per annum by the gross amount paid by the Company for such stock. With respect to each such repurchase of stock, the Repurchase Fee shall accrue from the date of any such purchase until the later of (a) the date that is 2 years from the date of such purchase and (b) the date on which the Leverage Ratio, calculated as of the end of any Fiscal Quarter, is less than 60%, provided, that in calculating the Leverage Ratio for purposes of this Section, the Company shall be deemed to have repurchased common stock of the Company and paid the full Repurchase Amount therefor. The Repurchase Fee shall be allocated among the Lenders in proportion to the amount of the Commitment provided by each Lender. Such Repurchase Fee shall be payable in arrears on the last Business Day of each March, June, September and December after the date hereof, provided, that on the Expiration Date or upon acceleration of the Obligations, the Repurchase Fee accrued to such date together with the Repurchase Fee that would be payable thereafter but for the occurrence of the Expiration Date or acceleration of the Obligations, shall be immediately due and payable. Notwithstanding the foregoing, the amount payable under this clause (d) by the Company on the Expiration Date or upon acceleration of the Obligations shall not exceed the Repurchase Fee that otherwise would be payable for a full Fiscal Quarter during the two years referred to above. The Company may upon five (5) Business Days written irrevocable notice to the Administrative Agent permanently reduce the Repurchase Amount in whole multiples of $5,000,000 to an amount not less than the aggregate amount theretofore paid by the Company with respect to repurchases of its common stock as permitted by Section 8.02(e). Section 6.01 (j) is amended by inserting immediately after the term "margin stock" the first time such term appears in the second sentence thereof the following: "(other than common stock of the Company repurchased in accordance with Section 8.02(e))". i. Section 6.02 is amended by inserting immediately after the reference to "12.11" the following: "and the amendment of Schedule 6.01(c) in connection with any new Subsidia...

REPURCHASE FEE. [***Confidential portion has been omitted pursuant to a request for confidential treatment and has been filed separately with the Commission.]