Fee Letter definition
Examples of Fee Letter in a sentence
Nonpayment within three (3) Business Days of when due, whether by acceleration or otherwise, of principal of, or interest on, the Notes, any LC Disbursement, any fee, cost, expense or premium provided for hereunder or under any other Loan Document or any other Indebtedness owing hereunder, or otherwise payable to the Administrative Agent under the Fee Letter.
Borrowers shall pay to Administrative Agent (for the account of Administrative Agent, any Affiliate of Administrative Agent and/or Lenders as they may determine) (a) the New Loan Structuring Fee on the Restatement Closing Date and (b) all other fees and other amounts due under any Fee Letter in the amounts, to the payees and at the times specified in such Fee Letter.
The Borrower agrees to pay to the Administrative Agent, for its own account, fees payable in the amounts and at the times as set forth in the Administrative Agent Fee Letter dated as of the Effective Date between the Borrower and the Administrative Agent.
Duly and punctually pay the principal of, interest on, and all fees, expenses and charges on, all Indebtedness incurred by Borrowers pursuant to this Agreement in the manner set forth in this Agreement, and duly and punctually pay to the Administrative Agent the arrangement fee and annual agency fee as and when due under the terms of the Fee Letter.
Notwithstanding the foregoing sentence, upon the occurrence of any Event of Default described in Section 11.1(g) or Section 11.1(h), without notice, demand or other action by Agent all of the Obligations (including the Early Termination Fee in the amount specified in the Agent Fee Letter) shall immediately become due and payable whether or not payable on demand prior to such Event of Default.