Commitment Fee Amount definition
Commitment Fee Amount shall have the meaning assigned thereto in the Pricing Side Letter.
Commitment Fee Amount means Cash in an amount equal to $15,500,000, which is 50% of the aggregate amount of the Commitment Termination Trigger Date Commitment Fee calculated with June 23, 2025 being the Commitment Termination Trigger Date.
Commitment Fee Amount means with respect to the Class A-1A Notes as of any Distribution Date, the sum of (a) the aggregate amount of Commitment Fee accrued during the Interest Period ending on such Distribution Date plus (b) any Commitment Fee Amount due but not paid in any previous Interest Period plus (c) any Defaulted Interest in respect of any Commitment Fee Amount due but not paid on any prior Distribution Date (which Defaulted Interest shall accrue at the Note Interest Rate applicable to the Class A-1A Notes).
Examples of Commitment Fee Amount in a sentence
If the Company fails to be listed on any Eligible Market for a period of six (6) months or less, the Commitment Fee Amount shall be $1,000,000.
If the Company fails to be listed on any Eligible Market for a period of twelve (12) months or less but in excess of six (6) months, the Commitment Fee Amount shall be $1,250,000.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall issue and deliver to Investor, within thirty (30) Business Days following the effectiveness of the Registration Statement, as directed by the Investor, a number of shares of Common Stock (the “Commitment Shares”) equal to the Commitment Fee Amount divided by the Commitment Fee Price.
If the Company fails to be listed on any Eligible Market for a period in excess of twelve (12) months, the Commitment Fee Amount shall be $1,500,000.
More Definitions of Commitment Fee Amount
Commitment Fee Amount means, with respect to the Class A-2 Notes as of any Distribution Date, the sum of (a) the amount determined for the related Interest Period by multiplying (i) the Class A-2 Commitment Fee, (ii) the excess, if any, of (x) the weighted average aggregate Class A-2 Commitments during such Interest Period over (y) the weighted average Outstanding Principal Balance of the Class A-2 Notes during such Interest Period (excluding the amount of any Draw funded by a Class A-2 Noteholder in connection with its failure to satisfy the Rating Criteria) and (iii) a fraction, the numerator of which is the number of days in such Interest Period and the denominator of which is 360, plus (b) any unpaid Commitment Fee Amount due in respect of any prior Distribution Date plus (c) interest at the Class A-2 Note Interest Rate on any accrued and unpaid Commitment Fee Amount due in respect of any prior Distribution Date from the date such unpaid Commitment Fee Amount was originally due and payable.
Commitment Fee Amount means, with respect to a specific Series of Warehouse Notes on a Payment Date, the amount of the Commitment Fee due and payable in respect of such Series of Warehouse Notes on such Payment Date, including any Commitment Fees due and payable on a prior Payment Date that were not paid on such prior Payment Date.
Commitment Fee Amount means for
Commitment Fee Amount. With respect to the Class A-R Notes as of any Payment Date, the sum of (a) the amount determined for the related Interest Accrual Period by multiplying (i) the Class A-R Commitment Fee, (ii) the excess, if any, of (x) the weighted average aggregate Class A-R Commitments during such Interest Accrual Period over (y) the weighted average Outstanding Principal Balance of the Class A-R Notes during such Interest Accrual Period (excluding the amount of any Rating Criteria Draw funded by a Class A-R Holder) and (iii) a fraction, the numerator of which is the number of days in such Interest Accrual Period and the denominator of which is 360, plus (b) any unpaid Commitment Fee Amount due in respect of any prior Payment Date plus (c) interest at the Class A-R Note Interest Rate on any accrued and unpaid Commitment Fee Amount due in respect of any prior Payment Date from the date such unpaid Commitment Fee Amount was originally due and payable.
Commitment Fee Amount means, with respect to the Class A-1A-S Notes as of any Payment Date, the sum of (i) the aggregate amount of Commitment Fee accrued during the Interest Accrual Period for such Payment Date plus (ii) interest accrued for the Interest Accrual Period for such Payment Date at the Class A-1A-S Note Interest Rate on any accrued and unpaid Commitment Fees that became payable on any prior Payment Date. The Commitment Fee Amount will be computed on the basis of a 360-day year and the actual number of days elapsed in the applicable Interest Accrual Period.
Commitment Fee Amount means, for any Payment Date for the Series 2007-B2 Holders, an amount equal to the accrued and unpaid Commitment Fee as of such Payment Date. The amount described in the preceding sentence constitutes the Commitment Fee Amount for the Series 2007-B2 Notes for purposes of Sections 3.13 and 3.14 of the Indenture.
Commitment Fee Amount. With respect to the Notes as of any Payment Date, the sum of (a) the aggregate amount of Commitment Fee accrued and unpaid as of such Payment Date plus (b) interest accrued for the Interest Accrual Period for such Payment Date at the Interest Rate of the Notes on any accrued and unpaid Commitment Fees that became payable on any prior Payment Date.