Additional Amendment Fee Sample Clauses

Additional Amendment Fee. The Co-Borrowers agree to pay to the Administrative Agent for the account of each Bank, an additional amendment fee of One Hundred Fifty Thousand Dollars ($150,000), such fee payable as follows: $25,000, upon execution of the Fifth Amendment and Waiver, and $25,000 on May 1, 2001 and on the first day of each month thereafter, through and including September 1, 2001. Upon receipt of such fee, the Administrative Agent will promptly thereafter distribute to the Banks their respective Pro Rata Shares of such fee. Section 1.6. Section 11.01(a) of the Credit Agreement is hereby amended and restated in its entirety to provide as follows:
Sample 1
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Additional Amendment Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender, an additional amendment fee (the “Additional Amendment Fee”) in an amount equal to 1.25% of the aggregate outstanding principal amount of Loans and Synthetic L/C Exposure of each such consenting Lender on the Effective Date, which fee shall be earned on the Effective Date and shall be due and payable on the earliest of (i) January 31, 2008 and (ii) the date on which the Loans or the Synthetic L/C Exposure is repaid in whole or in part in connection with any refinancing thereof.
Sample 1
Additional Amendment Fee. The Borrowers shall pay to the Administrative Agent for the pro rata benefit of the Lenders who consent to and sign the Second Amendment, an additional amendment fee (the “Additional Amendment Fee”) equal to a percentage of the aggregate outstanding principal amount of the Term Loans plus the aggregate Revolving Credit Commitments of such consenting Lenders on March 31, 2012 (the “Outstanding Principal and Revolver Balance”), which shall be calculated and become due and payable subject to the following conditions: (i) 1.00% of the Outstanding Principal and Revolver Balance shall be earned as of March 31, 2012 unless the Borrowers shall have delivered, on or prior to such date, satisfactory evidence to the Administrative Agent that the Borrowers have (a) entered into a binding written commitment in customary form for a complete refinancing of the Loans from a reputable financial institution (the “Loan Refinancing”), (b) entered into binding agreements with respect to one or more transactions that, either individually or in the aggregate, will result in cash prepayments of the Loans in an amount equal to or greater than $25,000,000 (the “Prepayment Transactions”), or (c) a Consolidated Senior Leverage as of March 31, 2012 of no more than 1.0x as determined in accordance with the quarterly financials delivered pursuant to Section 6.1(b) with respect to such Fiscal Quarter. (ii) 3.00% of the Outstanding Principal and Revolver Balance shall be earned as of June 30, 2012 unless the Borrowers have achieved at least one of the following on or prior to June 30, 2012: (a) consummation of the Loan Refinancing; or (b) consummation of the Prepayment Transactions. If any portion or all of the Additional Amendment Fee is earned per the above conditions, such amount shall be due and payable in full on April 1, 2013.
Sample 1
Additional Amendment Fee. In consideration of the execution and delivery hereof by the Required Banks, the Company agrees to pay the Agent, for the account of the Banks pro rata according to the respective Revolving Percentages, an additional amendment fee of $600,000 on September 15, 2001; provided that the Company shall be relieved of its obligation to pay 50% of such additional amendment fee if, on or prior to September 15, 2001, the Company shall have repaid in full all of its obligations under the Credit Agreement (including the other 50% of such additional amendment fee), canceled all Letters of Credit and terminated the Commitments. Delivered at Chicago, Illinois, as of the day and year first above written. U.S. PLASTIC LUMBER CORP. By: /s/ John X. Xxxxxx --------------------------------------- Print Name: John X. Xxxxxx Title: Chief Financial Officer
Sample 1
Additional Amendment Fee. The Company shall pay to the Agent for the account of each Bank which has provided approval in writing to the Agent of the amendments set out in the letter from the Company to the Agent dated 5th February, 1999 by 3.00 p.m. on 25th February, 1999, a further fee in an amount equal to 0.025 per cent. of that Bank's Commitment (as reduced by this Supplemental Agreement). Such fee shall be payable on the date of this Supplemental Agreement.
Sample 1
Additional Amendment Fee. Borrower shall pay to agent in immediately available funds an additional amendment fee, deemed fully earned and non-refundable as of the date hereof, in the amount of $100,000 as consideration for the execution and delivery of this Amendment by Agent and Lenders, which fee Borrower hereby acknowledges as being due and payable by Borrower to Agent on the earlier of (a) August 1, 1998 and (b) the Commitment Termination Date; provided that Borrower shall not be obligated to pay such fee if (i) on or prior to the date such fee would otherwise be payable pursuant hereto all of the Commitments are refinanced pursuant to a senior secured credit facility having an aggregate principal amount of at least $40,000,000 under which GE Capital is agent or (ii) the Commitment Termination Date does not occur on or prior to August 1, 1998.
Sample 1

Related to Additional Amendment Fee

  • Additional Amendment In connection with any Extension Amendment, at the request of the Administrative Agent or the Extending Lenders, the Borrower shall deliver an opinion of counsel reasonably acceptable to the Administrative Agent as to the enforceability of this Agreement as amended by such Extension Amendment, and such of the other Loan Documents (if any) as may be amended thereby.

  • Additional Amendments Each notice from the Lead Borrower, on behalf of the Borrowers, pursuant to this Section 2.17 shall set forth the requested amount and proposed terms of the relevant Additional Commitment. Additional Commitments (or any portion thereof) may be made by any existing Lender or by any other bank, other financial institution or investing entity (any such bank, investing entity or other financial institution, an “Additional Lender”), in each case on terms permitted in this Section 2.17 or otherwise on terms reasonably acceptable to the Administrative Agent. No Lender shall be obligated to provide any Additional Commitments unless it so agrees. Additional Commitments shall be included under this Agreement pursuant to an amendment (an “Additional Credit Amendment”) to this Agreement and, as appropriate, the other Loan Documents, pursuant to Section 2.17(b), executed by each Borrower that is a borrower with respect to such Additional Commitments as of the Additional Credit Closing Date (as defined below), each Lender agreeing to provide such Additional Commitment, if any, each Additional Lender, if any (each such Lender or Additional Lender, an “Additional Committing Lender”), and the Administrative Agent. An Additional Credit Amendment may, without the consent of any other Lenders, effect such amendments to any Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Lead Borrower, to effect the provisions of this Section 2.17.

  • Incremental Amendment Commitments in respect of Incremental Term Loans and Incremental Revolving Loan Commitments shall become Commitments (or in the case of an Incremental Revolving Loan Commitment to be provided by an existing Revolving Credit Lender, an increase in such Lender’s applicable Revolving Credit Commitment), under this Agreement pursuant to an amendment (an “Incremental Amendment”) to this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each Incremental Lender providing such Commitments and the Administrative Agent. The Incremental Amendment may, without the consent of any other Loan Party, Agent or Lender, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.14. The Borrower will use the proceeds of the Incremental Term Loans and Incremental Revolving Loan Commitments as determined by the Borrower and the Lenders providing such Incremental Term Loans and Incremental Revolving Loan Commitments. No Lender shall be obligated to provide any Incremental Term Loans or Incremental Revolving Loan Commitments, unless it so agrees.

  • Amendment Fees The Borrower agrees to pay to the Administrative Agent for the account of each Bank on the First Amendment Effective Date the upfront fees required to be paid on such date, as set forth in the 2023 Fee Letters.

  • Amendment Fee The Borrower shall pay the Lender as of the date hereof a fully earned, non-refundable fee in the amount of $25,000 in consideration of the Lender’s execution and delivery of this Amendment.

  • Upfront Fee The Borrower shall pay to the Agent (for the account of each Original Lender) an upfront fee in the amount and at the times agreed in a Fee Letter.

  • Additional Fees The Borrower has agreed to pay to the Administrative Agent and the Arranger additional fees, the amount and dates of payment of which are embodied in the Fee Letter.

  • Unilateral Amendment The System Agency reserves the right to amend this Contract through execution of a unilateral amendment signed by the contract manager for this Contract and provided to the Grantee with ten days notice prior to execution of the amendment under the following circumstances to: a. To comply with a court order or judgment b. Incorporate new or revised federal or state laws, regulations, rules or policies c. Correct an obvious clerical error in this Contract; d. Change the name of the Contractor in order to reflect the Contractor's name as recorded by the Texas Secretary of State. e. To correct the name, mailing address, or contact information for persons named in the Contract; f. To update service descriptions or rates (if applicable);

  • Technical Amendments Notwithstanding anything to the contrary in this Section 13.7, if the Administrative Agent and the Borrower have jointly identified an ambiguity, omission, mistake or defect in any provision of this Agreement or an inconsistency between provisions of this Agreement, the Administrative Agent and the Borrower shall be permitted to amend such provision or provisions to cure such ambiguity, omission, mistake, defect or inconsistency so long as to do so would not adversely affect the interests of the Lenders and the Issuing Bank. Any such amendment shall become effective without any further action or consent of any of other party to this Agreement.

  • Textual Amendments F34 Word substituted by Chevening Estate Act 1987 (c. 20, SIF 57), s. 3(1),

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