Examples of Fourth Amendment Fee in a sentence
The Borrower shall pay to Regions Capital Markets, a division of Regions Bank, and the Administrative Agent for their own respective accounts fees in the amounts and at the times specified in the Fee Letter and the Fourth Amendment Fee Letter.
Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever, except to the extent set forth in the Fee Letter or the Fourth Amendment Fee Letter, as applicable.
Without duplication, the Borrower agrees to pay (i) to the Administrative Agent in U.S. Dollars, (i) for its own account, administrative agent fees as have been previously agreed in writing, or as may be agreed in writing, by the Borrower from time to time, and (ii) to the applicable Person entitled thereto in U.S. Dollars, any other fees required to be paid by the Borrower or any other Credit Party in accordance with the Fourth Amendment Fee Letter.
The Borrower shall pay all reasonable and documented out-of-pocket expenses incurred by Agent in connection with the preparation, negotiation, execution and delivery of this Amendment, including, but not limited to, fees set forth in the Fourth Amendment Fee Letter and reasonable and documented fees and disbursements of counsel to the Agent.
Each of this Amendment and the Fourth Amendment Fee Letter is a Loan Document.
The Borrower shall pay to the Administrative Agent, for the ratable benefit of the Lenders, a fee in cash equal to $500,000 (the "Fourth Amendment Fee"), payable on the Fourth Amendment Effective Date.
The Fourth Amendment Fee shall be fully earned on the Fourth Amendment Effective Date and is due and payable in full in immediately available funds from 50% of the Net Cash Proceeds of the Specified Disposition (defined below) when the Borrower makes the partial repayment of Tranche B Obligations as specified in Section 4 below.
The Fourth Amendment Fee shall also be payable in the event the Obligations (and/or this Agreement) are satisfied or released by foreclosure (whether by power of judicial proceeding), deed in lieu of foreclosure or by any other means.
The Fourth Amendment Fee shall be payable in three installments of $12,500.00 each, payable on December 31, 1996, February 15, 1997, and February 28, 1997; provided, however, no installment of the Fourth Amendment Fee shall be payable on and after the date upon which General Textiles shall have received not less than $27,000,000.00 in new equity investment.
The Agents and the Lenders shall have received all the fees set forth in the Fourth Amendment Fee Letter.