Continuation Fee Sample Clauses
Continuation Fee. On or before the [**] Business Day after the Effective Date, Amgen shall pay to Infinity a one-time, non-refundable license fee of Two Million Five Hundred Thousand Dollars ($2,500,000).
Continuation Fee. A non-refundable, non-creditable “Continuation Fee” in the applicable amount set forth in the table below based on the timing of such payment: If paid on or before March 31, 2010 $[***] If paid after March 31, 2010 but on or before July 1, 2010 $[***] If paid after July 1, 2010 but on or before October 1, 2010 $[***] If paid after October 1, 2010 $[***]
Continuation Fee. The Borrower shall pay to the Agent, if applicable, the Continuation Fee (defined below) for the account of each Lender, pro rata according to the sum of such Lender's Revolving Committed Amount and the total outstanding principal amount of the Term Loans owed to such Lender (the "Credit Exposure") as of the applicable Fee Determination Date. As used herein, "Continuation Fee" shall mean a fee due and payable only if the Credit Party Obligations have not been paid in full on or before March 31, 1999, which fee shall equal (a) 0.25% of the Credit Exposure on the Fee Determination Date that occurs on March 31, 1999, plus (b) 0.50% of the Credit Exposure on each subsequent Fee Determination Date, which Continuation Fee shall be earned and payable on each Fee Determination Date, but payment shall be deferred until the date upon which the Credit Party Obligations are paid in full, or at final maturity of the Credit Party Obligations, whichever first occurs. As used herein, "Fee
Continuation Fee. On the Restatement Date, the Company shall pay to the Agent for the benefit of the Lenders a fee equal to $25,000 as consideration for the continuation of the Floor Plan Loans under the terms and conditions of this Third Amended and Restated Credit Agreement.
Continuation Fee. In the event that the Facility Termination Date has not occurred as of November 30, 2003, the Borrower will pay to the Agent, for the benefit of those Lenders that approved Amendment No. 2 to Credit Agreement dated as of February 3, 2003, a fee in an amount equal to 0.25% of the Revolving Credit Commitment of each such Lender on such date (after giving effect to all reductions of the Total Revolving Credit Commitment through such date, including any reductions scheduled to take effect on such date).
(n) The table set forth in Section 10.1(a) is hereby deleted in its entirety and replaced with the following table: February 28, 2001 and May 31, 2001 5.95 to 1.00 August 31, 2001 5.00 to 1.00 November 30, 2001, February 28, 2002 and May 31, 2002 3.75 to 1.00 August 31, 2002 4.00 to 1.00 November 30, 2002 4.75 to 1.00 February 28, 2003 5.50 to 1.00 May 31, 2003 5.75 to 1.00 August 31, 2003 4.75 to 1.00 November 30, 2003 and February 29, 2004 4.00 to 1.00 May 31, 2004 and thereafter 3.25 to 1.00
(o) The table set forth in Section 10.1(b) is hereby deleted in its entirety and replaced with the following table: February 28, 2001 and May 31, 2001 2.00 to 1.00 August 31, 2001 2.25 to 1.00 November 30, 2001, February 28, 2002 and May 31, 2002 2.75 to 1.00 August 31, 2002 and November 30, 2002 3.00 to 1.00 February 28, 2003 and thereafter 2.25 to 1.00
(p) Section 10.2 is hereby deleted in its entirety and replaced with the following:
Continuation Fee. The Borrower hereby promises to pay on February 1, 2005 to the Administrative Agent for the account of each Bank a continuation fee equal to .08% of the amount of such Bank's Commitment (whether used or unused) on such date.
Continuation Fee. In consideration of the Lender's execution of this Amendment and continuing the Credit Facility, the Borrower shall pay the Lender a fully earned, non refundable fee, as follows:
(a) The Borrower shall pay to the Lender a fee in connection with the payment in full of the Revolving Note Indebtedness, or any reduction of the Commitment, which fee shall be fully earned as of the Third Amendment Effective Date, but payable upon the payment in full of the Revolving Note Indebtedness (or reduction of the Commitment, as the case may be), in an amount equal to one and one half percent (1.5%) of the Commitment (or the reduction of the Commitment, as the case may be), provided, however, that in the event that the Borrower pays the Revolving Note Indebtedness in full on or before September 1, 1998, than the fee set forth in this subsection (a) shall be an amount equal to one percent (1.0%) of the Commitment.
(b) The Borrower shall pay to the Lender a fee in connection with the payment in full of the Term Note Indebtedness, or any reduction of the Term Note Indebtedness in excess of the amount due under the amortization schedule for the Term Note, which fee shall be fully earned as of the Third Amendment Effective Date, but payable upon such payment in full of the Term Note Indebtedness (or any reduction of the Term Note Indebtedness in excess of the amortization schedule, as the case may be) in an amount equal to one and one half percent (1.5%) of amount of the Term Note Indebtedness at the time such payment in full is made (or of the amount of any reduction of the Term Note Indebtedness in excess of the amortization schedule, as the case may), provided, however, that in the event that the Borrower repays the Term Note Indebtedness in full on or before September 1, 1998, than the fee set forth in this subsection (b) shall be an amount equal to one percent (1.0%) of the Term Note Indebtedness at the time such payment in full is made."
Continuation Fee. The Borrower agrees to pay to the Agent (for and on behalf of the NFAD Banks) on December 8, 1996, if the Payout Date shall not have previously occurred, a continuation fee of $150,000. The Borrower's obligation (if applicable) to pay this fee is an obligation of the Borrower under this Agreement and is secured by the Security Documents and entitled to the benefits of the Guarantee Agreements."
12. Section 5. Clause (f) of Section 5.3 is hereby amended to read in its entirety as follows: "
Continuation Fee. In consideration of Xxxxxxx’x continuation of license rights granted under Section 2.1.1 and 2.1.2, a continuation fee in the amount of sixty-five million US dollars ($65,000,000) shall be due from Xxxxxxx to Geron upon Xxxxxxx’x delivery of a Continuation Notification (or Geron’s deemed receipt thereof) pursuant to Section 2.1.8 (a) or (b) and payable within [*] ([*]) days thereafter. Notwithstanding the foregoing, such payment of sixty-five million US dollars ($65,000,000) shall be [*] (for clarity, [*] equals sixty-five million US dollars ($65,000,000)).
Continuation Fee. The Borrower agrees to pay to the Agent on the NTAD (for the account of the Banks party to this Agreement on NTAD) a non-refundable continuation fee of $100,000. The Borrower's obligation to pay this fee is an obligation of the Borrower under the Agreement and is secured by the Security Documents and entitled to the benefits of the Guarantee Agreements.