Common use of Anniversary Fee Clause in Contracts

Anniversary Fee. A fully earned, non-refundable anniversary fee of Fifty Thousand Dollars ($50,000.00) shall be earned as of the Effective Date, and shall be due and payable on the earliest to occur of (i) the date that is one (1) year from the Effective Date, (ii) the occurrence of an Event of Default, or (iii) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b)

Appears in 1 contract

Samples: Loan Modification Agreement

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Anniversary Fee. A fully earned, non-refundable anniversary fee of Fifty Twenty Five Thousand Dollars ($50,000.0025,000.00) (the “Anniversary Fee”), which Anniversary Fee shall be earned as of the Effective Datedate hereof, and shall be due and payable on the earliest earlier to occur of (i) the date that is one (1) year from the Effective Date, (ii) the occurrence of an Event of Default, or (iii) the early termination of this Agreement;” and inserting in lieu thereof the following: “ (b):

Appears in 1 contract

Samples: Third Loan Modification Agreement (Salary. Com, Inc.)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Fifty Thousand Dollars ($50,000.00) shall be earned as of the Effective Date, and shall be due and payable on the earliest to occur of (i) the date that is one (1) year from the Effective Date, (ii) the occurrence of an Event of Default, or (iii) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b):

Appears in 1 contract

Samples: Second Loan Modification Agreement (Limelight Networks, Inc.)

Anniversary Fee. A fully earned, non-refundable anniversary fee (the “Anniversary Fee”) of Fifty Twenty Five Thousand Dollars ($50,000.0025,000.00) shall be is earned as of the Effective Date, Date and shall be is due and payable on the earliest earlier to occur of (i) the date that is one (1) year from the Effective DateJune 10, 2015 (ii) the termination of this Agreement or (iii) the occurrence of an Event of Default, or (iii) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b); and

Appears in 1 contract

Samples: Loan Modification Agreement (Appian Corp)

Anniversary Fee. A fully earned, non-refundable nonrefundable anniversary fee of Fifty Thirty Seven Thousand Five Hundred Dollars ($50,000.0037,500.00) shall be (the “Anniversary Fee”) is earned as of the Effective Date, Date and shall be is due and payable on the earliest to occur of (i) the date that is one (1) year from anniversary of the Effective Date, (ii) the termination of this Agreement, or (iii) the occurrence of an Event of Default, or (iii) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b)

Appears in 1 contract

Samples: Loan and Security Agreement (Harmonic Inc)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Fifty Thirty Thousand Dollars ($50,000.0030,000.00) shall be (the “Anniversary Fee”) is earned as of the Effective Date, Date and shall be is due and payable on the earliest earlier to occur of (i) the date that is one (1) year from anniversary of the Effective Date, (ii) the termination of this Agreement, or (iii) the occurrence of an Event of Default, or (iii) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b)

Appears in 1 contract

Samples: Loan and Security Agreement (Cancer Genetics, Inc)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Fifty Thousand Dollars ($50,000.00) shall be earned as of the Effective Date, and shall be due and payable on the earliest to occur of (i) the date that is one (1) year from the Effective Date, (ii) the occurrence of an Event of Default, or (iii) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b)

Appears in 1 contract

Samples: Loan and Security Agreement (Limelight Networks, Inc.)

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Anniversary Fee. A fully fully-earned, non-refundable anniversary fee of One Hundred Fifty Thousand Dollars ($50,000.00150,000.00) (the “2021 Anniversary Fee”), which shall be earned as of the Effective Date, and shall be due Date and payable on the earliest to occur of (i) the date that is one two (12) year from anniversary of the Effective Date, (ii) the Revolving Line Maturity Date, (iii) the occurrence of an Event of Default, or and (iiiiv) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b)

Appears in 1 contract

Samples: Loan and Security Agreement (Omeros Corp)

Anniversary Fee. (i) A fully earned, non-refundable anniversary fee of Fifty Twenty Five Thousand Dollars ($50,000.0025,000.00) (the “Anniversary Fee”), which Anniversary Fee shall be earned as of the Effective Datedate hereof, and shall be due and payable on the earliest earlier to occur of (iA) the date that is one (1) year from the Effective Date, (iiB) the occurrence of an Event of Default, or (iiiC) the early termination of this Agreement;” and inserting in lieu thereof the following: “ (b); and

Appears in 1 contract

Samples: Third Loan Modification Agreement (Salary. Com, Inc.)

Anniversary Fee. A fully earned, non-refundable nonrefundable anniversary fee of Fifty Thirty Seven Thousand Five Hundred Dollars ($50,000.0037,500.00) shall be (the “Anniversary Fee”) was earned as of the Effective DateSeptember 27, 2017 and shall be is due and payable on the earliest to occur of (i) the date that is one (1) year from the Effective DateSeptember 27, 2018, (ii) the termination of this Agreement, or (iii) the occurrence of an Event of Default, or (iii) the termination of this Agreement;” and inserting in lieu thereof the following: “ (b)

Appears in 1 contract

Samples: Loan and Security Agreement (Harmonic Inc)

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