Condition to Effectiveness. As a condition precedent to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank for their own account a $7,500 non-refundable fee for renewing the Uncommitted Line, which fee shall be fully earned by the Bank upon the date of this letter agreement.
Appears in 4 contracts
Samples: Midas Perpetual Portfolio, Inc., Midas Perpetual Portfolio, Inc., Midas Special Fund, Inc.
Condition to Effectiveness. As a condition precedent to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank for their own account a $7,500 15,000 non-refundable fee for renewing the Uncommitted Lineup-front fee, which fee shall be fully earned by the Bank upon the date of this letter agreement.
Appears in 3 contracts
Samples: Midas Special Fund, Inc., Midas Fund, Inc., Foxby Corp.
Condition to Effectiveness. As a condition precedent to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank for their own account a $7,500 25,000 non-refundable fee for renewing the Uncommitted Lineup-front fee, which fee shall be fully earned by the Bank upon the date of this letter agreement.
Appears in 3 contracts
Samples: Facility Agreement (Midas Special Fund, Inc.), Dividend & Income Fund, Inc., Foxby Corp.
