Deferred Amendment Fee Sample Clauses

Deferred Amendment Fee. On or before the Effective Date, the ---------------------- Borrower shall pay to the Agent, for the account of the Lenders, the Deferred Amendment Fee.
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Deferred Amendment Fee. If, as of the Deferred Payment Allocation Date, the sum of the Deferred Interest and the Deferred Letter of Credit Fee payable on such date is less than $7,000,000, the Company agrees to pay to the Administrative Agent, for the account of each Lender (other than the Term-C Lenders) in accordance with its Aggregate Pro Rata Share as of the Deferred Payment Allocation Date, a deferred amendment fee equal to the amount by which $7,000,000 exceeds such sum, such fee being payable on the Deferred Payment Date.
Deferred Amendment Fee. In consideration of the Lenders’ agreements set forth herein, the Credit Parties shall pay to the Administrative Agent, for the ratable account of each Lender, an amendment fee in an amount equal to 2.0% of the Revolving Committed Amount and Term Loan held by such Lender as of the Effective Date (the “Deferred Amendment Fee”), which Deferred Amendment Fee shall be fully earned and non-refundable as of the Effective Date. The Deferred Amendment Fee shall be immediately due and payable upon the earliest to occur of (a) acceleration of the Obligations after the occurrence of an Event of Default, (b) the date upon which the Merger Agreement shall cease to be in full force and effect or any Person acting by or on behalf of any party thereto shall deny or disaffirm any party’s obligations under the Merger Agreement or (c) October 1, 2018; provided, however, that the Deferred Amendment Fee shall be fully waived if, prior to the occurrence of any of the foregoing, all Obligations are repaid in full (other than contingent indemnification obligations and obligations in respect of undrawn Letters of Credit that are cash collateralized or backstopped in a manner that is reasonably satisfactory to the Issuing Lender) and all Commitments are terminated (the “Payoff”); and provided, further, that if the Payoff occurs substantially concurrently with the consummation of the transactions contemplated by the Merger Agreement, any Event of Default that may arise in connection with such substantially concurrent transactions shall be deemed to be excluded from clause (a) above.
Deferred Amendment Fee. The Borrower shall pay to the Administrative Agent ratably for the account of each Lender who shall have delivered to the Administrative Agent on or prior to November 29, 2002 a signed counterpart of this Amendment No. 4 a fee of 0.25% of the aggregate amount of the Commitments of all Lenders as of the Amendment No. 4 Effective Date (the "Deferred Amendment Fee"). The Deferred Amendment Fee shall be due and payable no later than the five (5) Business Days after earliest to occur of: (i) any issuance after the Amendment No. 4 Effective Date by the Borrower or any of its Subsidiaries of any Equity Interests, resulting in aggregate gross proceeds to such Loan Party of $5,000,000 or more, (ii) any issuance or incurrence after the Amendment No. 4 Effective Date by the Borrower or any of its Subsidiaries of any Debt (other than the making of any Advance or the issuance or renewal of any Letter of Credit under the Credit Agreement), resulting in aggregate gross proceeds to such Loan Party of $5,000,000 or more, (iii) any purchase, exchange, redemption, tender, defeasance, retirement, conversion or similar offer or transaction (or a series of offers or transactions) by, with or between any Person or Persons in respect of any Equity Interests or Debt of the Company or any of its Subsidiaries existing on the Amendment No. 4 Effective Date, if the aggregate par value thereof, the aggregate face amount of the principal thereof, or the aggregate price therefor paid or payable to or by such Person or Persons in connection with such offer or transaction (or series of offers or transactions) is $5,000,000 or more.
Deferred Amendment Fee. On the earlier to occur of (i) the Revolving Maturity Date or acceleration (whether voluntary or otherwise) of the Revolving Line and (ii) the date on which any Borrower has an initial public offering or raises equity in an amount sufficient to Bank, a fee equal to Seventy Thousand Dollars ($70,000), which fee shall be nonrefundable.”
Deferred Amendment Fee. In the event the Term Loans have not been paid in full and all obligations outstanding under the Note Purchase Agreements (including without limitation principal, accrued interest and any Make-Whole Amounts) have not been paid in full on or before the Maturity Date, the Company agrees to pay to the Intercreditor Collateral Agent, for the pro rata account of the Funding Banks and the Holders, a deferred fee in the amount of $500,000. Such deferred fee shall be fully earned on the due date therefor and non-refundable when paid."

Related to Deferred Amendment Fee

  • Amendment Fees The Borrower agrees to pay to the Administrative Agent for the account of each Bank on the First Amendment Effective Date the upfront fees required to be paid on such date, as set forth in the 2023 Fee Letters.

  • 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.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Modification, Amendment and Termination This Limited Guaranty may be modified, amended or terminated only by the written agreement of GMAC and the Trustee and only if such modification, amendment or termination is permitted under Section 12.02 of the Servicing Agreement. The obligations of GMAC under this Limited Guaranty shall continue and remain in effect so long as the Servicing Agreement is not modified or amended in any way that might affect the obligations of GMAC under this Limited Guaranty without the prior written consent of GMAC.

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.

  • Amendment, Etc No amendment, modification or waiver of any provision of this Indenture relating to any Guarantor or consent to any departure by any Guarantor or any other Person from any such provision will in any event be effective unless it is signed by such Guarantor and the Trustee.

  • Term; Termination; Amendment This Agreement shall become effective and shall run for an initial period as specified for each Fund in Schedule A hereto. This Agreement shall continue in force from year to year after the initial period with respect to each Fund, but only as long as such continuance is specifically approved for each Fund at least annually in the manner required by the 1940 Act and the rules and regulations thereunder; provided, however, that if the continuation of this Agreement is not approved for each Fund, the Sub-Adviser may continue to serve in such capacity for each Fund in the manner and to the extent permitted by the 1940 Act and the rules and regulations thereunder. This Agreement shall automatically terminate in the event of its assignment and may be terminated at any time without the payment of any penalty by either party on sixty (60) days’ written notice to the Sub-Adviser. This Agreement may also be terminated by the Trust with respect to each Fund by action of the Board of Trustees or by a vote of a majority of the outstanding voting securities of such Fund on sixty (60) days’ written notice to the Sub-Adviser by the Trust. This Agreement may be terminated with respect to each Fund at any time without the payment of any penalty by the Manager, the Board of Trustees or by vote of a majority of the outstanding voting securities of the Fund in the event that it shall have been established by a court of competent jurisdiction that the Sub-Adviser or any officer or director of the Sub-Adviser has taken any action which results in a breach of the covenants of the Sub-Adviser set forth herein. The terms “assignment” and “vote of a majority of the outstanding voting securities” shall have the meanings set forth in the 1940 Act and the rules and regulations thereunder. Termination of this Agreement shall not affect the right of the Sub-Adviser to receive payments on any unpaid balance of the compensation described in Section 4 earned prior to such termination. This Agreement shall automatically terminate in the event the Investment Management Agreement between the Manager and the Trust is terminated, assigned or not renewed. This Agreement may be amended, modified or supplemented only by a written instrument duly executed by an authorized representative of each of the parties.

  • Duration, Amendment and Termination This Agreement, unless sooner terminated as provided herein, shall remain in effect until two years from date of execution, and thereafter, for periods of one year so long as such continuance thereafter is specifically approved at least annually (a) by the vote of a majority of those Trustees of the Trust who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval, and (b) by the Trustees of the Trust or by vote of a majority of the outstanding voting securities of each Portfolio; provided, however, that if the shareholders of any Portfolio fail to approve the Agreement as provided herein, the Adviser may continue to serve hereunder in the manner and to the extent permitted by the 1940 Act and rules and regulations thereunder. The foregoing requirement that continuance of this Agreement be "specifically approved at least annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder. This Agreement may be modified by mutual consent subject to the provisions of Section 15 of the 1940 Act, as modified by or interpreted by any applicable order or orders of the U.S. Securities and Exchange Commission (the "Commission") or any rules or regulations adopted by, or interpretative releases of, the Commission. This Agreement may be terminated as to any Portfolio at any time, without the payment of any penalty by vote of a majority of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the Portfolio on not less than 30 days nor more than 60 days written notice to the Adviser, or by the Adviser at any time without the payment of any penalty, on 90 days written notice to the Trust. This Agreement will automatically and immediately terminate in the event of its assignment. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed postpaid, to the other party at any office of such party. As used in this Section 12, the terms "assignment," "interested persons," and a "vote of a majority of the outstanding voting securities" shall have the respective meanings set forth in the 1940 Act and the rules and regulations thereunder; subject to such exemptions as may be granted by the Commission under said Act.

  • TERM, TERMINATION AND AMENDMENT (a) This Agreement shall become effective on the date of its execution and shall remain in full force and effect for a period of two years from the effective date and shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term.

  • Effective Date, Amendment and Termination A. This Agreement shall become effective as of the date executed by JPMDS or as of the first date thereafter upon which Financial Intermediary performs any service, or receives any payment pursuant hereto.

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