Draw Fee definition

Draw Fee shall have the meaning specified in the Fee Letter.
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Draw Fee. Defined in the Fee Letter, which definition is incorporated herein by reference.
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Draw Fee means 2.75% multiplied by the amount funded by the Backstopper pursuant to Section 2.3 of this Agreement, payable in shares of Common Stock valued at the volume weighted average trading price of the Common Stock during the thirty trading day period ending on (and including) the last trading day immediately prior to the announcement of this Agreement (and the transactions contemplated hereby) through Company press release or filing of a Form 8-K with the U.S. Securities and Exchange Commission.
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Examples of Draw Fee in a sentence

  • An advance of Loan proceeds for the purpose of paying the Draw Fee in accordance with that paragraph of Section 3.1 above that is captioned "Draw Fee" is referred to in this Agreement as a "Draw Fee Advance".

  • If the Company elects to exercise its call rights under Section 2.3, then the Company agrees to issue the Draw Fee to the Backstopper, or its designated Affiliate, on the Closing Date.

  • The Company shall issue instructions to its transfer agent instructing such transfer agent to issue to the Purchaser the Backstop Fee and the Draw Fee as set forth in Exhibit B attached hereto in book entry form.

  • NextDecade has all necessary corporate power and authority to enter into this Agreement and to carry out its obligations hereunder including, the issuance of (a) the Convertible Preferred Stock and the Warrants (and the Common Stock issuable upon the conversion and/or exercise of the Convertible Preferred Stock and Warrants, as applicable), (b) the Common Stock pursuant to the Backstop Fee and the Draw Fee, and (c) the Convertible Preferred Stock pursuant to the Origination Fee.

  • Seller shall pay to Buyer those fees set forth in this Agreement and the Transactions Terms Letter when they become due and owing, including but not limited to, each Draw Fee and any Exit Fees.


More Definitions of Draw Fee

Draw Fee. With respect to any Funding, an amount equal to the product of (i) 0.0010 and (ii) the Funding Amount for such Funding that is attributable to any Rated Certificates of this Series.
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Draw Fee is defined in Section 2B(8)(i).
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Draw Fee shall have the meaning specified in paragraph 2B(8)(ii).
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Draw Fee. The draw fee set forth in the Transactions Terms Letter. Each Draw Fee shall be non-refundable.
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Draw Fee means the money paid by a player of a value equal to their ante wager, enabling the player to exercise one of two Draw options;
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Draw Fee has the meaning set forth in Section 2.04(e).
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Draw Fee. With respect to any Funding, an amount equal to the product of (i) 0.0010 and (ii) the Funding Amount for such Funding that is attributable to any Rated Certificates of this Series. "Effective Date": September 10, 1999.
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