The Loan; Fees; Term Sample Clauses

The Loan; Fees; Term. (a) As of immediately prior to the New Closing Date, the outstanding Principal Indebtedness was $592,553,155.54. On the New Closing Date, subject to the terms and conditions of this Agreement, Lender shall make an additional advance to Borrower in the amount of $186,527,682.14 (the “Additional Advance”) such that the Principal Indebtedness immediately following the Additional Advance will be $779,080,837.68. The Loan (which, for the avoidance doubt, includes the Additional Advance) shall be represented by the Notes and shall bear interest as described in this Agreement at a per annum rate equal to the Interest Rate. Interest payable hereunder shall be computed on the basis of a 360-day year and the actual number of days elapsed in the related Interest Accrual Period. On the New Closing Date, Borrower shall (i) pay to Cascade an extension and origination fee in an amount equal to $466,319.21, (ii) pay to the Initial Lenders an extension and origination fee in an amount equal to $1,146,198.33, and (iii) reimburse each Lender for any reasonable and documented out-of-pocket costs and expenses incurred by such Lender in connection with the amendment and restatement of this Agreement and any other matters relating to the Loan. In addition, (A) to the extent any portion of the Principal Indebtedness outstanding under Note A remains outstanding on December 4, 2018, Borrower shall pay to holder of Note A the Delayed Origination Fee on or before December 11, 2018 and (B) to the extent any portion of the Principal Indebtedness outstanding under Note A remains outstanding on June 4, 2019, Borrower shall pay to holder of Note A the Second Delayed Origination Fee on or before June 11, 2019.
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The Loan; Fees; Term. (a) On the Closing Date, subject to the terms and conditions of this Agreement, JPP, on the one hand, and Cascade, on the other hand, shall each make an advance (the “Closing Date Advance”) to Borrower in an amount equal to fifty percent (50%) of the Closing Date Advance Amount. The Loan shall be represented by Notes that shall bear interest as described in this Agreement at a per annum rate equal to the Interest Rate. Interest payable hereunder shall be computed on the basis of a 360-day year and the actual number of days elapsed in the related Interest Accrual Period. On the Closing Date, Borrower shall pay to each Initial Lender an origination fee in an amount equal to 1.00% of the Loan Amount multiplied by the percentage of the Loan held by such Initial Lender on the Closing Date. In addition, (i) to the extent any portion of the Loan remains outstanding on December 31, 2016, Borrower shall pay to Lender the applicable Delayed Origination Fee on or before January 6, 2017 and (ii) to the extent any portion of the Loan remains outstanding on March 31, 2017, Borrower shall pay to Lender the applicable Delayed Origination Fee on or before April 7, 2017.
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The Loan; Fees; Term. (a) As of the Original Closing Date, Lender made loans (collectively, the “Loan”) to Borrower in an aggregate amount equal to the Loan Amount. On the Restatement Effective Date, such Loan has been bifurcated into the 2017 Loan Tranche and the 2018 Loan Tranche and is represented by Notes that bear interest as described in this Agreement at a per annum rate equal to the Interest Rate. Interest payable hereunder shall be computed on the basis of a 360-day year and the actual number of days elapsed in the related Interest Accrual Period. On the Restatement Effective Date, Borrower shall (i) pay to Administrative Agent (for the benefit of the Lenders) an extension fee in an amount equal to $8,000,000 to be allocated among the Lenders pursuant to the Co-Lender Agreement and (ii) reimburse each Lender for any actual out-of-pocket costs and expenses incurred by such Lender in connection with the amendment and restatement of this Agreement and any other matters relating to the Loan (including the reasonable fees and expenses of legal counsel invoiced prior to the Restatement Effective Date, all title fees and premiums and all recording costs incurred as of the Restatement Effective Date). In addition, as a condition precedent to the effectiveness of this Agreement on the Restatement Effective Date, Lender shall have received title searches for each of the Properties and Guarantor shall have executed and delivered to Lender a Guarantor Ratification Certificate in the same form as attached hereto as Exhibit B.
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The Loan; Fees; Term. (a) As of the Restatement Effective Date, the outstanding principal balance of the loan made to Borrower pursuant to the Original Loan Agreement is $399,410,043.50 (the “Original Loan Balance”). On the Restatement Effective Date, subject to the terms and conditions of this Agreement, Lender shall make an additional advance to Borrower in the amount of $100,000,000 (the “Restatement Date Advance Amount”). The Loan shall be represented by the Note(s) and shall bear interest as described in this Agreement at a per annum rate equal to the Interest Rate. As of the Restatement Effective Date, the Principal Indebtedness evidenced by Note A is $499,410,043.50, and Note A is secured by the Mortgages recorded against the Initial Properties. Note A is hereby deemed to have been subdivided into two Note Components, in accordance with the terms thereof. One such Note Component (“Note Component A-1”) evidences the Original Loan Balance, and one such Note Component (“Note Component A-2”) evidences the Restatement Date Advance Amount. The Delayed Advance, to the extent made, shall be evidenced by Note B. At Lender’s election, and in Lender’s sole discretion, to the extent the Delayed Advance has been made, the outstanding principal balance of Note Component A-2 may be reallocated to Note B, such that the outstanding principal balance of Note B shall be increased by the then-outstanding principal balance of Note Component A-2, and Note Component A-2 shall be reduced to zero. Interest payable hereunder shall be computed on the basis of a 360-day year and the actual number of days elapsed in the related Interest Accrual Period.
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The Loan; Fees; Term. (a) On the Closing Date, subject to the terms and conditions of this Agreement, the Initial Lender shall make an advance (the “Closing Date Advance”) to Borrower in an amount equal to the Closing Date Advance Amount. The Loan shall be represented by Notes that shall bear interest as described in this Agreement at a per annum rate equal to the Interest Rate. Interest payable hereunder shall be computed on the basis of a 360-day year and the actual number of days elapsed in the related Interest Accrual Period. On the Closing Date, Borrower shall pay to the Initial Lender an origination fee in an amount equal to 1.00% of the Loan Amount.
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Related to The Loan; Fees; Term

  • Loan Fees The Borrower shall pay the Administrative Agent for the account of the parties specified therein the various fees in accordance with the Fee Letter.

  • Loan Fee Borrower agrees to pay Lender a single loan fee per Loan (a “Loan Fee”) equal to $0.001 per Loaned Share. The Loan Fee shall be paid by Borrower on or before the time of transfer of the Loaned Shares pursuant to Section 2(d) on a delivery-versus-payment basis through the facilities of the Clearing Organization.

  • Expenses; Termination Fees (a) Except as set forth in this Section 8.3, all fees and expenses incurred in connection with this Agreement and the Transactions shall be paid by the Party incurring such expenses, whether or not the Offer and Merger are consummated.

  • Facility Fees The Company shall pay to the Administrative Agent for the account of each Bank a facility fee on such Bank’s Credit Exposure, computed on a quarterly basis in arrears on the last Business Day of each calendar quarter, at a rate per annum equal to the applicable Facility Fee Rate set forth in the Pricing Schedule. Such facility fee shall accrue from the Closing Date to the Revolving Termination Date and shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter commencing on June 29, 2012 through the Revolving Termination Date, with the final payment to be made on the Revolving Termination Date; provided that, in connection with any reduction or termination of the Credit Exposures pursuant to Section 2.05 or 2.06, the accrued facility fee calculated for the period ending on such date shall also be paid on the date of such reduction or termination, with the next succeeding quarterly payment, if any, being calculated on the basis of the period from the reduction date to such quarterly payment date. The facility fees provided in this subsection shall accrue at all times after the above-mentioned commencement date, including at any time during which one or more conditions in Article 4 are not met.

  • Expenses; Termination Fee (a) Except as set forth in this Section 8.3, all fees and expenses incurred in connection with this Agreement and the Transactions shall be paid by the Party incurring such expenses, whether or not the Offer and Merger are consummated.

  • Facility Fee The Company shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a facility fee, in Dollars, equal to the Applicable Rate for facility fees times the actual daily amount of the Aggregate Commitments (or, if the Aggregate Commitments have terminated, on the Outstanding Amount of all Committed Loans, Swing Line Loans and L/C Obligations), regardless of usage, subject to adjustment as provided in Section 2.18. The facility fee shall accrue at all times during the Availability Period (and thereafter so long as any Committed Loans, Swing Line Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in Article IV are not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period (and, if applicable, thereafter on demand). The facility fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate for facility fees during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate for facility fees separately for each period during such quarter that such Applicable Rate for facility fees was in effect.

  • Termination Fee; Expenses Except as provided in this ------------------------- Section 7.3, all fees and expenses incurred by the parties hereto shall be borne solely and entirely by the party which has incurred such fees and expenses. In the event that (A) a Takeover Proposal shall have been made known to the Company or shall have been made directly to its stockholders generally or any person shall have publicly announced an intention (whether or not conditional) to make a Takeover Proposal and thereafter this Agreement is terminated by the Company either (I) pursuant to Section 7.1(b)(iii) hereof or, (II) if the Offer has remained open for at least 20 business days and the Minimum Condition has not been satisfied (and none of the events described in paragraphs (a), (b), (d) and (e) of Annex A shall have occurred so as to result in a condition to the Offer not being satisfied), pursuant to Section 7.1(b)(ii) hereof, and in the case of either clause (I) or (II) such Takeover Proposal is consummated within one (1) year of such termination or (B) this Agreement (i) is terminated by Parent pursuant to Section 7.1(d)(ii), or (ii) is terminated by the Company pursuant to Section 7.1(c)(ii), then the Company shall pay to Parent (in the case of a termination pursuant to Section 7.1(c)(ii), prior to or simultaneously with such termination, or in the case of a termination pursuant to Section 7.1(d)(ii), not later than one (1) business day after such termination, or in the case of a termination pursuant to Section 7.1(b)(ii) or 7.1(b)(iii), upon the consummation of such Takeover Proposal) a termination fee equal to $10 million in cash and shall reimburse Parent's out-of-pocket expenses, including attorneys' fees, related to this Agreement and the transactions contemplated hereby. The fee arrangement contemplated hereby is the sole remedy hereunder and shall be paid pursuant to this Section 7.3 regardless of any alleged breach, other than a willful or intentional breach, by Parent of its obligations hereunder, provided that no payment made by the Company pursuant to this Section 7.3 shall operate or be construed as a waiver by the Company of any breach of this Agreement by Parent or Purchaser or of any rights of the Company in respect thereof.

  • Commitment Fees, etc (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof.

  • Termination Fees It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the Energy you consume that is supplied by XOOM. In addition, you must also pay us any outstanding payment obligations you have incurred under this Contract that remain unpaid, including related wire service, distribution and administration fees, and all applicable Taxes up to the termination date. If you do not pay us the amounts owing by the date indicated, we will charge you the Late Payment Charge.

  • Termination Fee and Expenses (a) In the event that:

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