Bridge Loan Fee Sample Clauses

Bridge Loan Fee. On the Stated Bridge Loan Termination Date (or, if earlier, the date the Bridge Loan is paid or repaid, in whole or in part, or otherwise becomes due and payable), Borrowers shall pay to Administrative Agent, for the account of the Lenders, the Bridge Loan Fee as set forth in the Fee Letter. The Bridge Loan Fee will be earned and due and payable in the amounts and at the times set forth in the Fee Letter.

Bridge Loan Fee. The Borrower shall pay to Administrative Agent a fee equal to five percent (5.00%) of all amounts committed to be loaned to the Borrower hereunder as Bridge Loans, as follows: (i) in connection with the Initial Funding, Borrower will pay $70,000 with respect to the amounts committed under the Initial Commitment, and (ii) the Borrower will pay on the date that any Subsequent Commitment Increase Request has been approved by each of the Lenders the proceeds of which are to be used as a Bridge Loan a fee equal to five percent (5.00%) of the amounts committed under the then subject Subsequent Commitment Increase in excess of the initial amount committed for Bridge Loans("Bridge Loan Commitment Fee").