Consent Fee. (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Facility Agreement as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement requested in this Letter by close of business on 11 September 2020 (the "Consent Approval Date"): (i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and (ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date"). (b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above. (c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928 (d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date). (e) The USD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: The HKD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: (f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 3 contracts
Samples: Facility Agreement (Las Vegas Sands Corp), Facility Agreement (Sands China Ltd.), Facility Agreement (Las Vegas Sands Corp)
Consent Fee. (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Facility Agreement respective extensions as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement extensions requested in this Letter by close of business 4:00 p.m. (Macao time) on 11 September 2020 6 July 2021 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The Company hereby instructs and authorises the Agent to, on the Payment Date:
(i) deduct the amount of the USD Consent Fee shall be paid into from the following bank Company's USD-denominated account no. [***] held with the Agent and apply such amount towards payment of the USD Consent Fee on behalf of the Company; and
(or such other bank account you notify to us in writing at least 3 Business Days prior to ii) deduct the Payment Date): Account Bank: Name amount of Account: Account Number: Ref: The the HKD Consent Fee shall be paid into from the following bank Company's HKD-denominated account (or no. [***] held with the Agent and apply such other bank account you notify to us in writing at least 3 Business Days prior to amount towards payment of the Payment Date): Account Bank: Name HKD Consent Fee on behalf of Account: Account Number: Ref:the Company.
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 2 contracts
Samples: Facility Agreement (Sands China Ltd.), Facility Agreement (Las Vegas Sands Corp)
Consent Fee. (a) As consideration for the Lenders granting the waiver waivers and extension and consenting to the amendment and restatement of the Facility Agreement as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver waivers and extension and amendment and restatement requested in this Letter by close of business on 11 September 27 March 2020 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.. Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928.
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The USD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: The HKD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref:
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 2 contracts
Samples: Facility Agreement (Sands China Ltd.), Facility Agreement (Las Vegas Sands Corp)
Consent Fee. (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Facility Agreement as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement requested in this Letter by close of business on 11 September 2020 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx XxxxxxxxxEstrada da Baía de N. Senhora da Esperança, XxxxxTaipa, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The USD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: The HKD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref:
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 1 contract
Consent Fee. (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Facility Agreement respective extensions as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement extensions requested in this Letter by close of business 4:00 p.m. (Macao time) on 11 September 2020 6 July 2021 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928.
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The Company hereby instructs and authorises the Agent to, on the Payment Date: Estrada da Baía de N. Senhora da Esperança, Taipa, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928
(i) deduct the amount of the USD Consent Fee shall be paid into from the following bank Company's USD-denominated account no. [***] held with the Agent and apply such amount towards payment of the USD Consent Fee on behalf of the Company; and
(or such other bank account you notify to us in writing at least 3 Business Days prior to ii) deduct the Payment Date): Account Bank: Name amount of Account: Account Number: Ref: The the HKD Consent Fee shall be paid into from the following bank Company's HKD-denominated account (or no. [***] held with the Agent and apply such other bank account you notify to us in writing at least 3 Business Days prior to amount towards payment of the Payment Date): Account Bank: Name HKD Consent Fee on behalf of Account: Account Number: Ref:the Company.
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 1 contract
Consent Fee. (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Original Facility Agreement as set out requested in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement requested in this Letter by close of business 4:00 p.m. (Macao time) on 11 September 2020 25 November 2022 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928.
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The Company hereby instructs and authorises the Agent to, on the Payment Date:
(i) deduct the amount of the USD Consent Fee shall be paid into from the following bank Company's USD-denominated account no. [***] held with the Agent and apply such amount towards payment of the USD Consent Fee on behalf of the Company; and Xxxxxxx xx Xxxx de N. Senhora da Esperança, Taipa, Macao SAR 澳門氹仔望德聖母灣大馬路 (or such other bank account you notify to us Incorporated in writing at least 3 Business Days prior to the Payment Date): Account BankCayman Islands with limited liability) (於開曼群島註冊成立的有限公司) HKEx Stock Code股份代碼 : Name 1928
(ii) deduct the amount of Account: Account Number: Ref: The the HKD Consent Fee shall be paid into from the following bank Company's HKD-denominated account (or no. [***] held with the Agent and apply such other bank account you notify to us in writing at least 3 Business Days prior to amount towards payment of the Payment Date): Account Bank: Name HKD Consent Fee on behalf of Account: Account Number: Ref:the Company.
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 1 contract
Consent Fee. (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Original Facility Agreement as set out requested in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement requested in this Letter by close of business 4:00 p.m. (Macao time) on 11 September 2020 25 November 2022 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928.
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The Company hereby instructs and authorises the Agent to, on the Payment Date:
(i) deduct the amount of the USD Consent Fee shall be paid into from the following bank Company's USD-denominated account no. [***] held with the Agent and apply such amount towards payment of the USD Consent Fee on behalf of the Company; and Estrada da Baía de N. Senhora da Esperança, Taipa, Macao SAR 澳門氹仔望德聖母灣大馬路 (or such other bank account you notify to us Incorporated in writing at least 3 Business Days prior to the Payment Date): Account BankCayman Islands with limited liability) (於開曼群島註冊成立的有限公司) HKEx Stock Code股份代碼 : Name 1928
(ii) deduct the amount of Account: Account Number: Ref: The the HKD Consent Fee shall be paid into from the following bank Company's HKD-denominated account (or no. [***] held with the Agent and apply such other bank account you notify to us in writing at least 3 Business Days prior to amount towards payment of the Payment Date): Account Bank: Name HKD Consent Fee on behalf of Account: Account Number: Ref:the Company.
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 1 contract
Consent Fee. (a) As consideration for the Lenders granting the waiver waivers and extension and consenting to the amendment and restatement of the Facility Agreement as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "“Consenting Lenders"”) that have agreed to the waiver waivers and extension and amendment and restatement requested in this Letter by close of business on 11 September 27 March 2020 (the "“Consent Approval Date"”):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "“USD Consent Fee"”); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "“HKD Consent Fee"”), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "“Payment Date"”).
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 SANDS CHINA LTD. 金沙中國有限公司* (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) HKEx Stock Code股份代碼 : 1928 *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928only僅供識別
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The USD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: The HKD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref:
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 1 contract
Consent Fee. (a) As consideration for the Lenders granting the waiver waivers and extension and consenting to the amendment and restatement of the Facility Agreement as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver waivers and extension and amendment and restatement requested in this Letter by close of business on 11 September 27 March 2020 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The USD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: The HKD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref:
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 1 contract
Consent Fee. (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Facility Agreement respective extensions as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement extensions requested in this Letter by close of business 4:00 p.m. (Macao time) on 11 September 2020 6 July 2021 (the "Consent Approval Date"):
(i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and
(ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date").
(b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above.
(c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928.
(d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date).
(e) The Company hereby instructs and authorises the Agent to, on the Payment Date: Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928
(i) deduct the amount of the USD Consent Fee shall be paid into from the following bank Company's USD-denominated account no. [***] held with the Agent and apply such amount towards payment of the USD Consent Fee on behalf of the Company; and
(or such other bank account you notify to us in writing at least 3 Business Days prior to ii) deduct the Payment Date): Account Bank: Name amount of Account: Account Number: Ref: The the HKD Consent Fee shall be paid into from the following bank Company's HKD-denominated account (or no. [***] held with the Agent and apply such other bank account you notify to us in writing at least 3 Business Days prior to amount towards payment of the Payment Date): Account Bank: Name HKD Consent Fee on behalf of Account: Account Number: Ref:the Company.
(f) The Consent Fee shall only be payable if the Effective Date occurs.
Appears in 1 contract