Extension Fee Payments definition

Extension Fee Payments means any payments of extension fees under the Purchase Agreement prior to the Closing Date in order to extend the Closing Date under the Purchase Agreement.
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Examples of Extension Fee Payments in a sentence

  • It is further agreed that DD-CTP will make any additional required Extension Fee Payments after the date hereof and will be credited on the Closing Date with making Initial Capital Contributions in the amount of any such additional Extension Fee Payments in accordance with Sections 4.1(b)(ii) and 4.1(d) below so that each Member will have funded and contributed its pro rata share of the Deposit and all Extension Fee Payments based on their respective Percentage Interests as set forth on Exhibit A.

  • On the date BH Approves a binding commitment for the Acquisition Loan or on such earlier date elected in a written notice from BH to DD-CTP, DD-CTP or an Affiliate will cause the Purchase Agreement to be assigned to and assumed by the Company in consideration of a payment by the Company equal to the Deposit and any Extension Fee Payments previously made.