Borrowing Fee definition
Examples of Borrowing Fee in a sentence
The Balance Deficiency Fee and the Supplemental Borrowing Fee ------------------- shall be calculated on the basis of a 360 day year for the number of days elapsed or to elapse, as the case may be, in the relevant Discount Loan Interest Period.
Accordingly, Section 16 of Annex 2 to the Loan Agreement is hereby amended by deleting clause (b) (Unused Line Fee) and clause (e) (Minimum Borrowing Fee) in their entirety.
The Unused Line Fee and the Minimum Borrowing Fee are hereby eliminated.
The Company shall pay to the Short Term Facility -------------------------- Balance Bank on each Discount Loan Funding Date for a Short Term Facility Discount Loan a supplemental borrowing fee calculated at the Supplemental Borrowing Fee Rate on the principal amount of each Short Term Facility Discount Loan made by the Short Term Facility Balance Bank (without giving effect to the sale of interests therein to Lenders) on such Discount Loan Funding Date (the "Supplemental Borrowing Fee").
If this Note has not been previously prepaid pursuant to Section 3.1 prior to the Initial Maturity Date, then the entire Balance, including the Borrowing Fee, shall be due and payable in full on the Initial Maturity Date; provided, however, that if the Company elects not to make the payments contemplated by this sentence on the Initial Maturity Date then the terms of Section 2.2 shall apply.
The aggregate amount of the Supplemental Borrowing Fee payable to the Short Term Facility Balance Bank on each Discount Loan Funding Date for a Short Term Facility Discount Loan shall be payable by the Company directly to the Short Term Facility Balance Bank on such Discount Loan Funding Date.
Borrower shall pay Lender the Minimum Borrowing Fee set forth in Section 10.4(d) hereof.
Subject to the terms and conditions of this Note, for value received, Amyris, Inc., a Delaware corporation (the “Company”), hereby promises to pay to the order of [Insert Investor Name] or registered assigns (“Holder”), the principal sum of [Insert Investment Amount] Dollars ($ ), or such lesser amount as shall then equal the outstanding principal amount hereunder, together with interest accrued on the unpaid principal amount at the Applicable Rate, compounded quarterly, and the Borrowing Fee.
Payments of the Principal, the Borrowing Fee, and any interest and other payments hereunder shall be delivered to the Holder at the address specified in the Agreement or at such other address or the attention of such other person as specified by prior written notice to the Company, including any transferee of this Note.
However, Lender shall not be obligated to loan Borrowers the Minimum Loan Amount other than in accordance with all of the terms and conditions of this Agreement; and at any time the outstanding principal balance of the Loans is less than the Minimum Loan Amount, Borrowers shall pay Lender a Minimum Borrowing Fee in accordance with Section 2.2(e).