Examples of Commitment Fee in a sentence
Notwithstanding anything to the contrary in the Transaction Documents, the Company undertakes that a Registration Statement covering the ADSs representing the Commitment Fee Shares and the Warrant Shares shall have been declared effective by the Commission prior to delivery of such Commitment Fee Shares and Warrant Shares to the Purchaser or GYBL (as the case may be), and that there shall be no stop order suspending effectiveness of such Registration Statement.
The calculation of the Commitment Fee by the Agent will be final and binding absent manifest error, and All Lenders and the Borrower shall not object to such calculation.
The Registration Statement shall register with the Commission the Shares to be issued under the Draw Downs, the Warrant Shares and the Commitment Fee Shares (including any additional Shares issued pursuant to Section 4.12(e)(1), if applicable).
For the avoidance of doubt, the Commitment Fee shall be payable by the Company irrespective of whether any Draw Down Notices have been delivered by the Company in accordance herewith.
The amount of the Commitment Fee due in each such installment shall be the product obtained by multiplying (i) the total amount of the Commitment Fee by (ii) the quotient derived by dividing (y) the value of Shares purchased pursuant to the applicable Draw Down by (z) the Aggregate Limit.