Drawdown Fee Sample Clauses

Drawdown Fee. Borrower shall have paid Lender from the proceeds of the advance to be made in connection with such Loan, a Drawdown Fee calculated on the amount of such Loan then being disbursed.
AutoNDA by SimpleDocs
Drawdown Fee. On the date of the initial Revolving Loan borrowing, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders a fee of $2,000,000.
Drawdown Fee. 14 12. PREPAYMENTS........................................................ 14 12.1
Drawdown Fee. On the Drawing Date of each Advance, the Borrower shall pay to the Lender, for the account of the Lender, a drawdown fee equal to 1% of the amount drawn (or irrevocably committed by the Lender).
Drawdown Fee. On the Drawing Date of each Advance under this Agreement, the Borrower shall pay to the Lender, a drawdown fee equal to 4% (four percent) of the relevant Advance.
Drawdown Fee. The Borrower shall pay to the Agent for the respective ------------ accounts of the Banks a drawdown fee of $10,000 on the Initial Borrowing Date.
Drawdown Fee. The Borrower agrees to pay to the Lender the Drawdown ------------ Fee simultaneously with the Lender's extension of an Acquisition Loan Advance.
AutoNDA by SimpleDocs
Drawdown Fee. (a) When the Purchased Stretch Loan is purchased under Section 1(a) of the Loan Purchase Agreement, the Borrower Parties shall pay the Agent, on behalf of the Lenders, a fee of $5,000,000 (the “Drawdown Fee”). The Drawdown Fee shall be earned and payable in cash simultaneously with the purchase of the Purchased Stretch Loan. (b) If no Default or Event of Default has occurred or is continuing when the Drawdown Fee is due under Section 1.5(a), the aggregate principal amount of the Drawdown Fee shall automatically and without any action on the part of any Person, be deemed to be converted into an additional advance under the Term Loan.
Drawdown Fee. The Borrower shall pay to the Bank a drawdown fee at the rate of 0.5 per cent of each Advance, such fee to be payable on the making of the relevant Advance.
Drawdown Fee. Borrower shall pay a drawdown fee to Lender in the amount equal to 2% of the applicable Loans (the “Drawdown Fee”). The Drawdown Fee shall be paid by Borrower from the proceeds of applicable Loans, as described in Section 3.1(j), Section 3.2(k)(iv) or Section 3.2(l)(iv), as applicable. The Drawdown Fee shall be retained by the applicable Lender and be deemed fully earned upon receipt.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!