Common use of Term Loan Commitment Fee Clause in Contracts

Term Loan Commitment Fee. A fully earned, non-refundable commitment fee in an amount equal to one and a half percent (1.5%) of the Term Loan is due on the Effective Date; and

Appears in 2 contracts

Sources: Mezzanine Loan and Security Agreement (Impinj Inc), Mezzanine Loan and Security Agreement (Impinj Inc)

Term Loan Commitment Fee. A fully fully-earned, non-refundable commitment fee in an amount equal to one and a half percent (1.5%) fee, on account of the Term Loan is due Loan, of $15,000 on the Effective Date; and;

Appears in 1 contract

Sources: Loan and Security Agreement (Globalscape Inc)

Term Loan Commitment Fee. A fully earned, non-refundable commitment fee in an amount equal to one and a half percent (1.5%) of the Term Loan is due $100,000, payable on the Effective DateDate (“Term Loan Commitment Fee”); and

Appears in 1 contract

Sources: Mezzanine Loan and Security Agreement (BigCommerce Holdings, Inc.)