Common use of Fees and Reimbursements Clause in Contracts

Fees and Reimbursements. The Borrower shall have paid to the Lender the Closing Fees, and shall have paid or reimbursed the Lender for its reasonable out-of-pocket costs, charges and expenses incurred to the Closing Date; and in connection herewith, the Borrower hereby irrevocably authorizes the Lender to charge such amounts as Advances to the Borrower’s revolving credit loan account. Failure of the Lender to effect any such charge shall not excuse the Borrower from its obligation to pay such amounts.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (CVC California LLC), Revolving Credit and Term Loan Agreement (General Environmental Management, Inc)

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Fees and Reimbursements. The Borrower shall have paid to the Lender the Closing FeesFee and the initial Monitoring Fee, and shall have paid or reimbursed the Lender for its reasonable out-of-pocket costs, charges and expenses incurred to the Closing Date; and in connection herewith, the Borrower hereby irrevocably authorizes the Lender to charge such amounts as Advances to the Borrower’s revolving credit loan accountaccounts. Failure of the Lender to effect any such charge shall not excuse the Borrower from its obligation to pay such amounts.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Mam Software Group, Inc.), Revolving Credit and Term Loan Agreement (Aftersoft Group)

Fees and Reimbursements. The Borrower shall have paid to the Lender the Closing Fees, and shall have paid or reimbursed the Lender for its reasonable out-of-pocket costs, charges and expenses incurred to the Closing Date; and in connection herewith, the Borrower hereby irrevocably authorizes the Lender to charge such amounts as Advances to the Borrower’s revolving credit loan account. Failure of the Lender to effect any such charge shall not excuse the Borrower from its obligation to pay such amounts.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Comvest Investment Partners Iii, Lp), Revolving Credit Agreement (EVCI Career Colleges Holding Corp)

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Fees and Reimbursements. The Borrower shall have paid to the Lender the Closing Fees, and shall have paid or reimbursed the Lender for its reasonable out-of-pocket costs, charges and expenses incurred to the Closing DateDate in respect of the transactions contemplated by this Agreement and the other Loan Documents; and in connection herewith, the Borrower hereby irrevocably authorizes the Lender to charge such amounts as Advances to the Borrower’s revolving credit loan account. Failure of the Lender to effect any such charge shall not excuse the Borrower from its obligation to pay such amounts.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (General Environmental Management, Inc)

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