Examples of Supplemental Loan Termination Date in a sentence
As compensation for the Lender's commitment hereunder, the Lender shall have earned by its execution of this Agreement, an Exit Fee of $80,000.00, payable upon the Second Supplemental Loan Termination Date.
No cash payment shall be made in respect of, or applied to, the principal amount of, or any interest which accrues or is capitalized with respect to, or any fees related to, the Third Supplemental Loan prior to the Third Supplemental Loan Termination Date (subject to Section 2.1.3(g) hereof) whether identified as payments of the Obligations arising from the Third Supplemental Loan or otherwise.
On the Third Supplemental Loan Termination Date, a facility fee, an amount equal to $150,000, shall be due to Lender (for the account of Third Supplemental Loan Junior Participant) and such facility fee may be paid on such date so long as the conditions to payment of the Third Supplemental Loan as set forth in Section 2.1.3(g) hereof have been satisfied as determined by Lender.
On the Supplemental Loan Termination Date, the Borrower shall repay in full the outstanding principal balance of the Supplemental Loans.
As compensation for the Lender's commitment hereunder, the Lender shall have earned by its execution of this Agreement, an Exit Fee, of $90,000.00, payable upon the Supplemental Loan Termination Date.
Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Supplemental Loans at any time prior to the Supplemental Loan Termination Date.
Upon the occurrence of the Second Supplemental Loan Termination Date, for any reason, the Borrowers shall pay to the Lender a "Second Supplemental Loan Yield Maintenance Fee" equal to the difference between $550,000 and the combined sum of all interest and fees actually paid to the Lender on account of the Second Supplemental Loan from the Closing Date to the Second Supplemental Loan Termination Date, but in no event shall the Second Supplemental Loan Yield Maintenance Fee be less than zero.
For avoidance of doubt, nothing herein shall limit Sun’s rights under the Participation Agreement (including its decision to consent (in its sole discretion) to an extension of the Third Supplemental Loan Termination Date (as defined in the Amendment) or waive (in its sole discretion) the conditions to payment of the Liabilities).2B.
All interest accruing on the Third Supplemental Loan shall be due on the Third Supplemental Loan Termination Date and may be paid on such date so long as the conditions to payment of the Third Supplemental Loan as set forth in Section 2.1.3(g) hereof have been satisfied as determined by Lender.
The Borrowers may repay the entire principal balance of the Supplemental Loan prior to the Supplemental Loan Termination Date (subject to Sections 3.4.2 and 12.1.1 hereof).