Upfront Fees. On the Closing Date, Borrowers shall pay to Administrative Agent, for the account of the Lenders, an upfront fee of Two Hundred Eighteen Thousand Seven Hundred and Fifty Dollars ($218,750), fee shall be fully earned and non-refundable as of the Closing Date.
Appears in 5 contracts
Samples: Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.)
Upfront Fees. On the Closing Date, the Borrowers shall pay to the Administrative Agent, Agent for the account ratable benefit of each of the Lenders, Lenders an upfront fee in an amount equal to which is 0.75% of Two Hundred Eighteen Thousand Seven Hundred and Fifty Dollars ($218,750), fee the total amount each such Lender’s Commitment. Such fees shall be fully earned when paid and non-shall not be refundable as of the Closing Datefor any reason whatsoever.
Appears in 2 contracts
Samples: Credit Agreement (Atlantic Power Corp), Credit Agreement (Atlantic Power Corp)
Upfront Fees. On the Closing Date, Borrowers shall pay to Administrative Agent, for the account benefit of the Lenders, an upfront fee of Two Hundred Eighteen Thousand Seven Hundred and Fifty Dollars (equal to $218,750), fee shall be fully earned and non-refundable as of the Closing Date400,000.
Appears in 1 contract
Samples: Term Loan and Note Purchase Agreement (Sun Healthcare Group Inc)
