Existing Fee Letter definition
Examples of Existing Fee Letter in a sentence
The Lenders and the Administrative Agent shall have received all fees required to be paid on or prior to the Closing Date (including pursuant to the Fee Letter and the Existing Fee Letter), and all reasonable and documented fees and expenses of the Administrative Agent for which invoices have been presented at least 1 Business Day prior to the Closing Date (including the reasonable and documented fees and expenses of legal counsel to the Administrative Agent) for payment on or before the Closing Date.
This Agreement, the Existing Fee Letter, the New Fee Letter, the other Loan Documents, and any separate letter agreements relating to any fees payable to the Administrative Agent and its Affiliates constitute the entire agreement among the parties hereto and thereto and their affiliates regarding the subject matters hereof and thereof and supersede all prior agreements and understandings, oral or written, regarding such subject matters.
This Amendment, the Existing Repurchase Agreement, as amended by this Amendment, and the Existing Fee Letter, as amended by this Amendment, are each a Transaction Document.
Except as expressly amended or modified hereby, the Existing Repurchase Agreement, the Existing Fee Letter and the other Transaction Documents shall each be and shall remain in full force and effect in accordance with their terms.
The Borrower agrees to pay to the Administrative Agent for the benefit of (x) the Administrative Agent for its own account, the fees in the amounts and on the dates as set forth in the Existing Fee Letter, and (y) the Lenders, the fees in the amounts and on the dates as set forth in the Fee Letter, and, in each case, to perform any other obligations contained therein.
Purchaser, Seller and Guarantor desire to make certain modifications to the Existing Repurchase Agreement and the Existing Fee Letter and to enter into the additional agreements set forth herein.
The terms and provisions set forth in this Amendment shall modify and supersede all inconsistent terms and provisions set forth in the Existing Credit Agreement, the Existing Fee Letter and the Credit Documents and, except as expressly modified and superseded by this Amendment, the terms and provisions of the Existing Credit Agreement, the Existing Fee Letter and the other Credit Documents are ratified and confirmed as of the Effective Date and shall continue in full force and effect.
This letter agreement is not intended to constitute a novation of the Existing Fee Letter, and all fees that have accrued under the Existing Fee Letter up to (but not including) the date hereof shall have accrued at the rates specified in the Existing Fee Letter and shall be payable as and when required in accordance with the terms thereof.
This letter agreement is not intended to constitute a novation of the Existing Fee Letter and all fees that have accrued under the Existing Fee Letter up to the date hereof shall be payable as and when required in accordance with the terms thereof.
The Agents and Lenders hereby reserve all rights granted to each of them under the Existing Credit Agreement, the Existing Fee Letter, the other Credit Documents, this Amendment and any other contract or instrument among the Credit Parties and any one or more of the Agents and the Lenders.