Common use of Origination Fee Clause in Contracts

Origination Fee. The Borrowers shall pay to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three Thousand Seven Hundred Fifty Dollars ($43,750), which fee has been fully earned and is non-refundable.

Appears in 2 contracts

Samples: Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp)

AutoNDA by SimpleDocs

Origination Fee. The Borrowers shall pay to the Lender on or before the Closing Loan Opening Date a loan an origination fee (the “Origination Fee”) in the amount equal to one percent (1.0%) of Fortythe Loan Amount evidenced by the Note, for a total origination fee of One Hundred Sixty-three Five Thousand Seven Hundred Fifty and No/100 Dollars ($43,750165,000.00), which . Such fee has been is fully earned when due and is non-refundablenonrefundable when paid.

Appears in 1 contract

Samples: Secured Loan Agreement (Adcare Health Systems, Inc)

Origination Fee. The Borrowers Borrower shall pay have paid to the Lender on or before the Closing Date a loan an --------------- origination fee (the “Origination Fee”) in the amount of Forty-three Seventy Three Thousand Seven Hundred Fifty and No/100 Dollars ($43,75073,000.00), which fee has been shall be fully earned and is earned, non-refundable, and due and payable on the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (Grand Court Lifestyles Inc)

Origination Fee. The Borrowers shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of FortySeventy-three five Thousand Seven Hundred Fifty Dollars ($43,75075,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Kimberton Enterprises Inc)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three Twenty Five Thousand Seven Hundred Fifty Dollars ($43,75025,000), which fee has been fully earned and is non-refundable.. 2.3.4

Appears in 1 contract

Samples: Financing and Security Agreement (Halifax Corp)

Origination Fee. The Borrowers On the Closing Date, Borrower shall pay to Lender, or have deducted from the Lender on or before proceeds of the Closing Date Loan, a loan non-refundable origination fee (the "Origination Fee") in an amount equal to one percent (1%) of the amount of Forty-three Thousand Seven Hundred Fifty Dollars Loan (i.e. $43,750770,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Loan Agreement (Koger Equity Inc)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan non-refundable origination fee (the "Origination Fee") equal to 1.0% of the Borrowing Base as of the Initial Closing Date, but in the amount of Forty-three Thousand Seven Hundred Fifty Dollars (no event less than $43,750)230,000.00, which fee has been fully earned and is non-refundableshall be payable on the Initial Closing Date.

Appears in 1 contract

Samples: Revolving Loan Agreement (Malan Realty Investors Inc)

Origination Fee. The In consideration of the Lender's commitment to make the Loan pursuant to the terms of this Agreement, the Borrowers shall pay to the Lender on or before the Closing Date a loan an origination fee (the "Origination Fee") in the aggregate amount of FortyTWO HLJNDRED EIGHTY-three Thousand Seven Hundred Fifty Dollars ONE THOUSAND FOUR HUNDRED THIRTY AND 00/100 ($43,750281,430.00). The Lender, which fee has been fully earned and is non-refundable.at its option, may collect the Origination Fee through reduction of the Loan proceeds by an amount equal to the Origination Fee. 16

Appears in 1 contract

Samples: Credit Agreement (Emeritus Corp\wa\)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three Two Hundred Thousand Seven Hundred Fifty Dollars ($43,750200,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing Agreement (MCG Capital Corp)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three Two Hundred Twenty Five Thousand Seven Hundred Fifty Dollars ($43,750225,000), which fee has been fully earned and is non-refundable, One Hundred Seventy Five Thousand Dollars ($175,000) of which has been paid prior to the Closing Date.

Appears in 1 contract

Samples: Financing and Security Agreement (Spacehab Inc \Wa\)

Origination Fee. The Borrowers shall pay have paid to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three One Hundred Thousand Seven Hundred Fifty Dollars ($43,750100,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Gp Strategies Corp)

Origination Fee. The Borrowers On the Closing Date, Borrower shall pay to Lender, or have deducted from the Lender on or before proceeds of the Closing Date Loan, a loan non-refundable origination fee (the “Origination Fee”) in an amount equal to one percent (1%) of the amount of Forty-three Thousand Seven Hundred Fifty Dollars Loan (i.e. $43,750770,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Loan Agreement (Koger Equity Inc)

Origination Fee. The Borrowers shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of FortyTwenty-three Five Thousand Seven Hundred Fifty Dollars ($43,75025,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Paradise Color Inc)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three One Hundred Twenty Five Thousand Seven Hundred Fifty Dollars ($43,750125,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Healthextras Inc)

Origination Fee. The Borrowers shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three One Hundred Twenty Five Thousand Seven Hundred Fifty Dollars ($43,750125,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Dispatch Management Services Corp)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three Thousand Seven Two Hundred Fifty Thousand Dollars ($43,750250,000), which fee has been fully earned and is non-refundablerefundable and to which is credited $25,000 paid to the Lender on or about January 7, 2003.

Appears in 1 contract

Samples: Financing Agreement (Sunrise Assisted Living Inc)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date the a loan origination fee (the "Origination Fee") in the amount of Forty-three Thirty Seven Thousand Seven Five Hundred Fifty Dollars ($43,75037,500), which fee has been fully earned and is non-refundable, Twenty Thousand Dollars ($20,000) of which has been paid prior to the Closing Date.

Appears in 1 contract

Samples: Financing and Security Agreement (Spacehab Inc \Wa\)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three Seventy Five Thousand Seven Hundred Fifty Dollars ($43,75075,000), which fee has been fully earned and is non-refundable. By its execution hereof, the Lender acknowledges receipt of the Origination Fee.

Appears in 1 contract

Samples: Financing and Security Agreement (Weston Roy F Inc)

Origination Fee. The Borrowers Borrower shall pay Lender a fully-earned and non-refundable origination fee equal to twenty five one hundredths percent (0.25%) of the Lender Maximum Amount, which fee shall be due and payable on or before the Closing Date a loan and will be less any amounts that have been prepaid by Borrower to Lender prior to the Closing Date including, but not limited to, the origination fee (the “Origination Fee”) in the amount of Forty-three Thousand Seven Hundred Fifty Dollars ($43,750), which fee has been fully earned and is non-refundablepaid by Borrower to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (InPoint Commercial Real Estate Income, Inc.)

AutoNDA by SimpleDocs

Origination Fee. The Borrowers On the Closing Date, Borrower shall pay to Lenders an upfront fee in the Lender on or before amount of 0.50% of the Closing Date a loan origination fee principal amount of the Loan (the “Origination Fee”) in the amount of Forty-three Thousand Seven Hundred Fifty Dollars ($43,750), which fee has been . The Origination Fee shall be fully earned when due and is non-refundableshall not be subject to reduction or be refundable under any circumstances.

Appears in 1 contract

Samples: Credit and Security Agreement (Ares Commercial Real Estate Corp)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three Fifty Thousand Seven Hundred Fifty Dollars ($43,75050,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Glasstech Inc)

Origination Fee. The Borrowers shall Borrower agrees to pay to the Lender on or before the Lenders at Closing Date a non-refundable loan origination fee in the amount of $1,300,000.00 (the “Origination Fee”) in the amount of Forty-three Thousand Seven Hundred Fifty Dollars ($43,750), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Construction Loan Agreement (FC Global Realty Inc)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three Three Hundred Twenty Five Thousand Seven Hundred Fifty Dollars ($43,750$ 325,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Healthextras Inc)

Origination Fee. The Borrowers On the closing date of this loan, Borrower shall pay to the Lender on or before the Closing Date a loan an origination fee (the “Origination Fee”) in the amount of FortyTWO THOUSAND EIGHT HUNDRED FIFTY-three Thousand Seven Hundred Fifty Dollars SEVEN AND 50/100 DOLLARS ($43,7502,857.50), which being one-half percent (1/2%) of the original principal amount of the Note. In the event, only a part or portion of the $571,500.00 is advanced during the term of the Loan, then Lender shall refund to Borrower the appropriate amount of the fee has been fully earned and is non-refundablebased upon the total amount of the loan funded.

Appears in 1 contract

Samples: Loan Agreement (Ergobilt Inc)

Origination Fee. The Borrowers shall pay have paid to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three One Hundred Twenty Thousand Seven Hundred Fifty Dollars ($43,750120,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Gp Strategies Corp)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Initial Closing Date a loan an origination fee (the Initial Origination Fee”) in equal to $2,564,670, 50 basis points (.50%) multiplied by the amount of Forty-three Thousand Seven Hundred Fifty Dollars Term Loan and a Review Fee equal to $512,934, 10 basis points ($43,750), which fee has been fully earned and is non-refundable.10%) multiplied by the Term Loan.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Senior Housing Properties Trust)

Origination Fee. The Borrowers shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three Thirty Five Thousand Seven Hundred Fifty Dollars ($43,75035,000), which fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Polk Audio Inc)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three Thirty Thousand Seven Hundred Fifty Dollars ($43,75030,000), which fee Origination Fee has been fully earned and is non-refundable.

Appears in 1 contract

Samples: Financing and Security Agreement (Liquidity Services Inc)

Origination Fee. The Borrowers Borrower shall pay to the Lender on or before the Closing Date a loan origination fee (the "Origination Fee") in the amount of Forty-three Thousand Seven Two Hundred Fifty Thousand Dollars ($43,750250,000), which fee has been fully earned and is non-refundable. Prior to the date hereof Borrower has paid a portion of the Origination Fee in the amount of Seventy Five Thousand Dollars ($75,000); the balance due as of the date hereof is One Hundred Seventy Five Thousand Dollars ($175,000).

Appears in 1 contract

Samples: Financing and Security Agreement (Gp Strategies Corp)

Origination Fee. The Borrowers Borrower shall pay have paid to the Lender on or before the Closing Date a loan an --------------- origination fee (the “Origination Fee”) in the amount of Forty-three Seventy Thousand Seven Hundred Fifty and No/100 Dollars ($43,75070,000.00), which fee has been shall be fully earned and is earned, non-refundable, and due and payable on the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (Grand Court Lifestyles Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.