Competitive Bid Fee definition

Competitive Bid Fee means a fee of $1,000 payable by the Borrower to the Administrative Agent in connection with a Competitive Bid Request pursuant to Section 2.1(b).
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Competitive Bid Fee means $1,000 for each Competitive Bid Request.
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Competitive Bid Fee means $2,500.
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Examples of Competitive Bid Fee in a sentence

  • The Borrower may solicit Competitive Bids by delivery of a Competitive Bid Request, together with the Competitive Bid Fee, to the Agent not later than 9:00 a.m., Pittsburgh, Pennsylvania, time, four (4) Business Days prior to the requested borrowing of Competitive Bid Loan.

  • Borrower shall pay to Agent (for its own account) a Competitive Bid Fee of $2,500 for each Competitive Bid Quote Request; provided, however, that no fee shall be due if none of the Lenders respond to the Invitation to Competitive Bid Quote (but such Competitive Bid Quote Request shall nevertheless count towards the two per month allotment).

  • A Competitive Bid Request must be substantially in the form of Exhibit 2.5(b) and shall specify (i) the date of the requested Competitive Bid Loan (which shall be a Business Day), (ii) the amount of the requested Competitive Bid Loan and (iii) the applicable Interest Period or Interest Periods requested and be accompanied by the Competitive Bid Fee.

  • A Competitive Bid Request must be substantially in the form of Exhibit 2.4(b) and shall specify (i) the date of the requested Competitive Bid Loan (which shall be a Business Day), (ii) the amount of the requested Competitive Bid Loan and (iii) the applicable Interest Period or Interest Periods requested and be accompanied by the Competitive Bid Fee.

  • Agent agrees to waive the Competitive Bid Fee (but not more than once per month) if Borrower chooses not to accept any Competitive Bid Quotes.

  • A Competitive Bid Request must be substantially in the form of Exhibit 2.1(b) and shall specify (A) the date of the requested Competitive Bid Loan (which shall be a Business Day), (B) the amount of the requested Competitive Bid Loan and (C) the applicable Interest Period or Interest Periods requested and must be accompanied by the Competitive Bid Fee.

  • Such costs to include (but not be limited to) legal fees, court fees and enforcement fees.

  • A Competitive Bid Request must be substantially in the form of Exhibit 2.1(b) and shall specify (A) the date of the -------------- requested Competitive Bid Loan (which shall be a Business Day), (B) the amount of the requested Competitive Bid Loan and (C) the applicable Interest Period or Interest Periods requested and must be accompanied by the Competitive Bid Fee.

  • If the Borrower’s Debt Rating from S&P is BBB- or better and the Borrower’s Debt Rating from M▇▇▇▇’▇ is Baa3 or better, the Borrower may solicit Competitive Bids by delivery of a Competitive Bid Request, together with the Competitive Bid Fee, to the Administrative Agent not later than 9:00 a.m.

  • If the Borrower’s Debt Rating from S&P is BBB- or better and the Borrower’s Debt Rating from ▇▇▇▇▇’▇ is Baa3 or better, the Borrower may solicit Competitive Bids by delivery of a Competitive Bid Request, together with the Competitive Bid Fee, to the Administrative Agent not later than 9:00 a.m.