Covenant Fee Sample Clauses

Covenant Fee. In the event that Borrower breaches any of its financial covenants for the periods ending September 30, 2003 or December 31, 2003, Borrower shall pay to each Lender a fee equal to 0.125% of the sum of (x) such Lender’s pro rata share of the Revolving Loan Commitment, and (y) such Lender’s outstanding Term Loans, in each case measured as of the date hereof (the “Covenant Fee”). The Covenant Fee shall be fully earned and payable upon the delivery of the Compliance, Pricing and Excess Cash Flow Certificates for such periods. The Covenant Fee is in addition to, and not in lieu of, all other fees charged to Borrowers under the Loan Documents. Notwithstanding the payment of any Covenant Fee, nothing contained herein shall be construed as a waiver of any Events of Default under the Loan Agreement or a limitation in any way of any of Agent’s and Lenders’ rights and remedies under the Loan Agreement.
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Covenant Fee. Within 30 days after the end of Borrower's fiscal quarters ending June 30, 1997, and September 30, 1997, Borrower shall pay U. S. Bank a nonrefundable fee in an amount equal to $100 for each full .01 that the Senior Debt Ratio (calculated on a trailing four-quarter basis) exceeds 3.0:1.0 as of each such date.
Sample 1
Covenant Fee. As of the Effective Date, Section 1.8 of the Original Credit Agreement is hereby amended to add subsection (j) to the end thereof, which subsection shall read as follows:
Sample 1
Covenant Fee. In the event Parent and XX Xxxxxxx, or either of them, fails to observe or perform any covenant or agreement set forth in Section 5.2 of this Agreement for any fiscal month during the period from July 31, 2012 through and including June 30, 2013, Company shall pay Xxxxx Fargo a fee in the amount equal to (i) one-half of one percent (0.50%) per annum multiplied by (ii) the monthly average of the unpaid principal amount of Advances each month from June 1, 2012 through the end of the fiscal month in which such failure occurred. If no such failure occurs, no fee shall be payable under this subsection (j)."
Sample 1
Covenant Fee. At the end of each Fiscal Quarter and within three (3) Business Days after the delivery of the financial statements pursuant to Section 10.1.2(b), the Borrower shall pay a fee of $25,000 to Agent if, and only if, the Fixed Charge Coverage Ratio for such Fiscal Quarter end is less than 1:00 to 1:00.” Section 2.5 Section 10.3.1 of the Loan Agreement is hereby amended and restated to read in its entirety as follows:
Sample 1

Related to Covenant Fee

  • Consultant Fee Competitive Supplier shall include the Consultant Fee in the Retail Prices for each Product and Competitive Supplier shall pay to CPG the volumetric fee set out below multiplied by Participating Consumers’ metered usage. Notwithstanding the foregoing, any payment due to CPG pursuant to this ESA shall be contingent upon Competitive Supplier being paid the owed Monthly Distributions. Competitive Supplier shall be permitted to claw-back any payments for Monthly Distributions owed to Competitive Supplier for which Competitive Supplier has not received payment pursuant to Section 5.4.2(e) by retaining the Consultant Fee. Consultant Fee: $0.0010/kWh

  • Renewal Fee Borrower agrees to pay a fee equal to one-quarter of one percent (0.25%) of the Bank’s committed amount for the Line of Credit upon any renewal of the Line of Credit.

  • Upfront Fee The Borrower shall pay to the Agent (for the account of each Original Lender) an upfront fee in the amount and at the times agreed in a Fee Letter.

  • Up-Front Fee The Borrowers shall pay to the Agent an up-front fee in the amount and at the times agreed in a Fee Letter.

  • Consent Fee The Administrative Agent shall have received payment from the Borrower, in same day funds, for the account of each Term Lender that delivers an executed counterpart signature page to this Amendment at or prior to 5:00 p.m., New York City time, on June 12, 2013 (such time, the “Deadline”) a consent fee in an aggregate amount equal to 0.125% of the aggregate principal amount of Term Loans held by such Lender as of the Deadline; and

  • Assignment Fee Unless the assignment shall be to an affiliate of the assignor or the assignment shall be due to merger of the assignor or for regulatory purposes, either the assignor or the assignee shall remit to Agent, for its own account, an administrative fee of Three Thousand Five Hundred Dollars ($3,500).

  • Amendment Fee The Borrower shall pay the Lender as of the date hereof a fully earned, non-refundable fee in the amount of $25,000 in consideration of the Lender’s execution and delivery of this Amendment.

  • TENANT FEES Owner agrees that the Agent may receive and keep fees and charges from tenants for: Requesting an assignment of lease or sublease of the Property; Processing rental applications for credit and background checks; Returned (NSF) checks; Late payments; and Any other services that are not in conflict with this Agreement.

  • Agent Fee Borrower shall pay to Agent, for its sole benefit, the fees set forth in the Agent Fee Letter.

  • Forbearance Fee In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Forbearance Amendment and Fifteenth Amendment Effective Date, (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, and (iii) paid to the Lender in good and collected upon the execution of this Agreement.

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