PEMG definition
Examples of PEMG in a sentence
PEMG and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Borrower and its Subsidiaries and Affiliates and any other Person party to any Loan Documents as though PEMG were not Agent hereunder, and, in each case, without notice to or consent of the other members of the Lender Group.
The Lender hereby consents to the terms of that certain Amendment No. 2 to Loan Documents by and among the Borrower, the lenders party thereto, and PEMG, as Agent attached hereto as Exhibit A (the “PEMG Amendment”), which PEMG Amendment amends the terms of the PEMG Financing.
The terms “Lender” and “Lenders” include PEMG in its individual capacity.
For PEMG’s advice in connection with this Sixth Amendment the Borrowers shall pay to PEMG, in immediately available funds, (i) an amount equal to $100,000 on the Sixth Amendment Effective Date and (ii) an amount equal to $100,000 on the earlier of (x) March 31, 2010; or (y) the repayment in full of the Obligations.
In consideration of the execution of this Ninth Amendment, Borrowers shall pay PEMG an advisory fee equal to Thirty-Seven Thousand Five Hundred Dollars ($37,500) (the “Amendment Fee”), which fee shall be due and payable on the earlier of (i) the Maturity Date or (ii) at such time as Borrowers repay all outstanding Obligations under the Credit Agreement.
The terms "Lender" and "Lenders" include PEMG in its individual capacity.
The Lender hereby consents to the terms of that certain Amendment No. 3 to Loan Documents by and among the Borrower, the lenders party thereto, and PEMG, as Agent attached hereto as Exhibit A (the “PEMG Amendment”), which PEMG Amendment amends the terms of the PEMG Financing.
Each Borrower shall indemnify and hold harmless Agent, each Lender and PEMG from and against any claim, demand, damage, debt, liability (including payment of attorneys’ fees and costs actually incurred whether or not litigation is commenced) based on or arising out of any such assignment or transfer.
For PEMG’s advice in connection with this Seventh Amendment the Borrowers shall pay to PEMG, in immediately available funds, an amount equal to $15,000 on the Seventh Amendment Effective Date (“Advisory Fee”).