Additional Commitment Fee definition
Examples of Additional Commitment Fee in a sentence
The Company Termination Notice shall not be effective until one (1) Business Day after the Additional Commitment Fee has been received by the Investor.
The Additional Commitment Fee, if applicable, shall be due and payable 360 days prior to the Revolving Credit Maturity Date then in effect.
This Agreement shall automatically terminate at the end of the Commitment Period provided the Fee and, if applicable, the Additional Commitment Fee have been paid and the Fee Warrants, and if applicable, Additional Fee Warrants have been issued.
The Initial Commitment Fee and the Additional Commitment Fee are fully earned upon payment.
For the avoidance of any doubt, in the event that this Agreement is terminated after the Initial Additional Share Issuance for any reason, the Company shall nevertheless be obligated to effect the remaining issuance of Additional Commitment Fee Shares hereunder immediately upon such termination based on the per Common Share price which price shall be equal to the simple average of the daily VWAP of the Common Shares during the five (5) Trading Days immediately preceding the date of such Termination.