FRFI definition
Examples of FRFI in a sentence
In consideration of the commitment to make loans and advances to the Borrowers under the Revolving Credit, and to maintain sufficient funds available for such purpose, there has been earned by FRFI and the Borrowers shall pay the "Revolving Credit Commitment Fee" (so referred to herein) to the Administrative Agent in the amount and payable as provided in the Fee Letter.
In its individual capacity, FRFI shall have the same obligations and the same rights, powers and privileges in respect to its Commitment and the Loans made by it, and as the holder of any of the Notes and as the purchaser of any Letter of Credit Participations, as it would have were it not also the Administrative Agent.
FriendCo will receive the right to construct and operate up to one hundred (100) additional Friendly's Restaurants in an exclusive territory consisting of the States of Delaware and Maryland, the District of Columbia, and certain counties of Northern Virginia, all as is more specifically set forth in the Development Agreement between F.R.F.I. and FriendCo, in the form attached hereto as Exhibit C.
FRFI and GMACBC and any other Person who becomes an assignee of any rights and obligations of a Revolving Credit Lender pursuant to ss.15.
The Agent shall have received Revolving Commitments from Revolving Credit Lenders other than FRFI totalling in the aggregate no less than $37,500,000.
In the event that the Termination Date occurs, for any reason, prior to the Maturity Date (other than by virtue of the Borrower's refinancing of the Liabilities with FRFI or Fleet National Bank or any of their respective Affiliates), the Borrowers shall pay to the Agent, for the benefit of the Revolving Credit Lenders, the "Revolving Credit Early Termination Fee" (so referred to herein) in an amount equal to 1.00% of the Revolving Credit Ceiling in effect on the Termination Date.
FriendCo will receive the non-exclusive rights to utilize for the benefit of each franchised or managed restaurant all valid Trademarks and Service Marks owned or licensed by F.I.C.C. pursuant to the terms of the Franchise Agreements with F.R.F.I. and a Trademark License Agreement with F.I.C.C. in the form attached hereto as Exhibit E.
In consideration of the commitment to make loans and advances to the Borrowers under the Revolving Credit, and to maintain sufficient funds available for such purpose, there has been earned by FRFI and the Borrowers shall pay the "REVOLVING CREDIT COMMITMENT FEE" (so referred to herein) to the Administrative Agent in the amount and payable as provided in the Fee Letter.
The Borrowers jointly and severally agree to pay to the Administrative Agent, for the Administrative Agent's own account, the fees as set forth in the FRFI Fee Letter (the "ADMINISTRATIVE AGENT FEES").
None ofF.I.C.C., F.R.F.I., or any of their respective executive officers or directors has employed any broker, finder or investment banker or incurred any liability for commissions or finders fees in connection with the transactions contemplated hereby.