Condition to Effectiveness. As a condition precedent to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank for their own account a $7,500 non-refundable fee for renewing the Uncommitted Line, which fee shall be fully earned by the Bank upon the date of this letter agreement.
Appears in 4 contracts
Samples: Uncommitted Credit Facility Agreement (Midas Perpetual Portfolio, Inc.), Uncommitted Secured Redemption Facility (Midas Fund, Inc.), Uncommitted Credit Facility Agreement (Midas Special Fund, Inc.)
Condition to Effectiveness. As a condition precedent to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank for their own account a $7,500 15,000 non-refundable fee for renewing the Uncommitted Lineup-front fee, which fee shall be fully earned by the Bank upon the date of this letter agreement.
Appears in 3 contracts
Samples: Committed Credit Facility Agreement (Midas Special Fund, Inc.), Committed Credit Facility Agreement (Midas Fund, Inc.), Committed Secured Leveraging Facility (Foxby Corp.)
Condition to Effectiveness. As a condition precedent to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank for their own account a $7,500 25,000 non-refundable fee for renewing the Uncommitted Lineup-front fee, which fee shall be fully earned by the Bank upon the date of this letter agreement.
Appears in 3 contracts
Samples: Committed Secured Leveraging Facility Agreement (Dividend & Income Fund, Inc.), Committed Credit Facility Agreement (Midas Special Fund, Inc.), Committed Secured Leveraging Facility (Foxby Corp.)
Condition to Effectiveness. As The Borrower hereby agrees to pay to the Bank for its own account on the date hereof an upfront fee of 0.02% of the Committed Line Amount, payable as a condition precedent to the effectiveness of this letter agreement, the Borrowers . Such fee shall pay to the Bank for their own account a $7,500 be non-refundable fee for renewing the Uncommitted Line, which fee and shall be deemed fully earned by the Bank upon on the date of this letter agreementhereof.
Appears in 1 contract
Samples: Second Amendment to Committed Line of Credit (BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND))
