Commitment Fee; Facility Charge Clause Samples
Commitment Fee; Facility Charge. The parties acknowledge and agree that Borrower paid to Lender (i) a commitment fee of $45,000 on or before the Closing Date, and that such commitment fee was fully earned on the Closing Date and non-refundable regardless of the early termination of this Agreement and (ii) the Facility Charge of $125,000 on the Closing Date, and that such Facility Charge was fully earned on the Closing Date and non-refundable regardless of the early termination of this Agreement.
Commitment Fee; Facility Charge. The parties acknowledge and agree that Borrower paid to Lender (i) a commitment fee of $45,000 on or before the Original Closing Date, and such commitment fee was fully earned on the Original Closing Date and non-refundable regardless of the early termination of this Agreement, (ii) the Facility Charge of $125,000 on the Original Closing Date, and that such Facility Charge was fully earned on the Original Closing Date and non-refundable regardless of the early termination of this Agreement, (iii) the facility charge of $200,000 on June 26, 2014, and such facility charge was fully earned on June 26, 2014 and non-refundable regardless of the early termination of this Agreement, (iv) the Third Advance Facility Charge of $150,000 on the Restatement Date, and such facility charge was fully earned on the Restatement Date and non-refundable regardless of the early termination of this Agreement, (v) the facility charge of $175,000 on the First Amendment Closing Date, and such facility charge was fully earned on the First Amendment Closing Date and non-refundable regardless of the early termination of this Agreement and (vi) the facility charge of $350,000 on the Second Amendment Closing Date, and such facility charge was fully earned on the Second Amendment Closing Date and non-refundable regardless of the early termination of this Agreement. Pro Rata Treatment. Each payment (including prepayment) on account of any fee and any reduction of the 2018 Term Loan Advances shall be made pro rata according to the 2018 Term A Loan Advance of the relevant Lender. Each payment (including prepayment) on account of any fee and any reduction of the 2021 Term Loan Advances shall be made pro rata according to such 2021 Term Loan Advance of the relevant Lender.
Commitment Fee; Facility Charge. The parties acknowledge and agree that Borrower paid to Lender (i) a commitment fee of $45,000 on or before the Original Closing Date, and such commitment fee was fully earned on the Original Closing Date and non-refundable regardless of the early termination of this Agreement, (ii) the Facility Charge of $125,000 on the Original Closing Date, and that such Facility Charge was fully earned on the Original Closing Date and non-refundable regardless of the early termination of this Agreement, and (iii) the facility charge of $200,000 on June 26, 2014, and such facility charge was fully earned on June 26, 2014 and non-refundable regardless of the early termination of this Agreement.