Additional Loan Payments. (a) The Corporation shall make additional payments (“Additional Loan Payments”, and together with the Basic Loan Payments and all other payments by the Corporation pursuant to this Loan Agreement, the “Loan Payments”) as follows:
(1) Within 10 days after receipt by the Corporation of an invoice therefor, the Corporation shall pay to the Trustee (A) the acceptance fee of the Trustee, (B) the normal fees, charges and expenses of the Trustee, and (C) any amount to which the Trustee may be entitled under Section 12.7 of the Indenture.
(2) Within 10 days after receipt by the Corporation of an invoice therefor, the Corporation shall pay to Authority the reasonable expenses of the Authority incurred (A) at the request of the Corporation, (B) in the performance of the Authority’s duties under any of the Bond Documents, (C) in connection with any litigation which may at any time be instituted involving the Bond-Financed Facilities or the Bond Documents, or (D) in the pursuit of any remedies under the Bond Documents.
(3) The Corporation shall pay to the Remarketing Agent the fees and expenses due in accordance with the applicable agreement appointing the Remarketing Agent to serve in such capacity.
(b) The Corporation shall receive a credit against the Additional Loan Payments required by Section 4.3(a)(1) to the extent of any investment income and profits that remain in the Bond Purchase Fund on any Tender Date after reimbursement of the Bank for any amounts due to the Bank under the Credit Agreement that are credited against the related Additional Loan Payment due on such Tender Date.
(c) Money on deposit in the Bond Purchase Fund may be used to reimburse the Bank for amounts due to the Bank under the Credit Agreement, as provided in Section 8.2 of the Indenture.
Additional Loan Payments. Except as otherwise may be agreed by and among Lender, Borrower and Grant Provider, the Borrower agrees to pay all reasonable out-of-pocket costs and expenses of the Lender incurred in connection with its negotiation, structuring, documenting, and closing the Loan and the Grant, including, without limitation, the reasonable fees and disbursements of counsel for the Lender. The Borrower agrees to pay all reasonable out-of-pocket costs and expenses of the Lender incurred in connection with its administration or modification of, or in connection with the preservation of its rights under, enforcement of, or any refinancing, renegotiation, restructuring, or termination of, any Credit Document (as hereinafter defined) or any instruments referred to therein or any amendment, waiver, or consent relating thereto, including, without limitation, the reasonable fees and disbursements of counsel for the Lender. Such Additional Loan Payments shall be billed to the Borrower by the Lender from time to time, together with a statement certifying that the amount billed has been incurred or paid by the Lender for one or more of the above items. Amounts so billed shall be paid by the Borrower within thirty (30) days after receipt of the xxxx by the Borrower.
Additional Loan Payments. In addition to the Basic Loan Payments, the University shall also pay to the Authority and the Trustee "Additional Loan Payments" as follows:
(a) all reasonable fees, charges, expenses and indemnities of the Authority and the Trustee as and when the same become due and payable, including reasonable attorneys' fees;
(b) the reasonable fees and expenses of such accountants, consultants, attorneys and other experts as may be engaged by the Authority or the Trustee to prepare audits, financial statements, reports and opinions or to provide such other services required under this Agreement or the Indenture;
(c) the Annual Administrative Fee of the Authority and any other expenditures for insurance, fees and expenses of auditing and fees and expenses as required by the Indenture and not otherwise paid or provided for by the University and all other expenditures reasonably and necessarily incurred by the Authority by reason of the financing of the Project or the Project Facilities, including expenses incurred by the Authority to compel full and punctual performance of all of the provisions of this Agreement in accordance with the terms hereof; and
(d) all other reasonable and necessary fees and expenses attributable to the Bonds and this Agreement, including, without limitation, all payments required pursuant to the Indenture and the Tax Certificate (including payments of all amounts required to be deposited in the Rebate Fund and any fees of the Authority in connection with any arbitrage compliance services, including rebate calculations performed by or at the direction of the Authority). Such Additional Loan Payments shall be billed to the University by the Authority or the Trustee, from time to time. After such a demand, amounts so billed shall be paid by the University within forty-five (45) days after receipt of the xxxx by the University. Payment of the initial Annual Administrative Fee shall be made in the Bond Year ending June 30, [2020] and in each Bond Year thereafter. Payments required to be made under this Section 2.10 shall be made in legally available funds of the University to the Trustee unless otherwise directed in an agreement pursuant to which such payments are required.
Additional Loan Payments. As additional loan payments, the Company will also pay the following within 45 days after receipt of a bill xxxrefor:
(a) The Issuer's reasonable fees and expenses in connection with this Agreement and the Bonds, such fees and expenses to be paid directly to the Issuer; provided that the Company shall have approved such expenses in writing prior to their incurrence.
(b) Any costs of issuance in connection with the issuance of the Bonds and the transactions contemplated by this Agreement, including all costs and expenses incurred by the Issuer or the Company in connection with the issuance and sale of the Bonds, including without limitation (1) fees and expenses of accountants, attorneys, engineers and financial advisors, (2) materials, supplies and printing and engraving costs, (3) recording and filing fees, (4) rating agency fees, (5) initial fees and expenses of the Trustee, Remarketing Agent and Tender Agent, and (6) the Issuer's administrative and overhead expenses, provided in all cases that an Authorized Company Representative shall have approved such expenses in writing prior to their incurrence.
(i) The reasonable fees and expenses of the Trustee, the Tender Agent and all other fiduciaries and agents serving under the Indenture (including any expenses in connection with any redemption of the Bonds), and (ii) all reasonable fees and expenses, including attorneys' fees, of the Trustee for any extraordinary services rendered by it under the Indenture. All such fees and expenses are to be paid directly to the Trustee or other fiduciary or agent for its own account as and when such fees and expenses become due and payable.
(d) The fees and expenses of the Remarketing Agent in accordance with the terms of the Remarketing Agreement.
(e) All reasonable expenses and charges, legal or otherwise (including court costs and attorneys' fees), paid or incurred by the Issuer or the Trustee in realizing upon any of the said payments to be made by the Company or in enforcing the provisions of this Agreement or the Indenture.
