Undrawn Commitment Fee. At the Closing, the Company shall have paid the Purchasers a fee of $1,800,000, which fee, the Purchasers hereby consent and agree, will be allocated among the Purchasers PRO RATA according to the number of shares of Preferred Stock purchased by each such Purchaser at the Closing hereunder.
Appears in 2 contracts
Sources: Preferred Stock Purchase Agreement (Rural Cellular Corp), Preferred Stock Purchase Agreement (Madison Dearborn Capital Partners Iii Lp)