Facility Structuring Fee definition
Examples of Facility Structuring Fee in a sentence
The fees, indemnities and other amounts payable pursuant to the Receivables Purchase Agreement and the other agreements, documents and instruments executed in connection therewith (including any additional or replacement fee letters), shall in each case be in addition to the Facility Structuring Fee provided for herein.
In consideration for the services provided by GE Capital in connection with the arrangement and structuring of the transactions contemplated by the Receivables Purchase Agreement, the Seller hereby agrees to pay to GE Capital a facility structuring fee (the "Facility Structuring Fee") of $450,000 on the Closing Date.
The Facility Structuring Fee shall be payable in immediately available funds to such account as GE Capital may direct and shall be fully earned when paid and nonrefundable.