Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (i) six and one half of one percent (6.50%) multiplied by the aggregate amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Elutia Inc.), Credit Agreement (Aziyo Biologics, Inc.)
Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (ix) six and one half of one percent (6.506.0%) multiplied by (y) the aggregate principal amount of the all Term Loan funded hereunder on or prior to such date plus (ii) $62,500Loans advanced hereunder, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (pSivida Corp.)
Exit Fee. Upon Subject to Section 2.8.3, upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (ix) six and one half of one eight percent (6.508.0%) multiplied by (y) the aggregate principal amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500advanced hereunder, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Biolase, Inc)
Exit Fee. Upon Subject to Section 2.8.3, upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (ix) six and one half of one eight percent (6.508.0%) multiplied by (y) the aggregate principal amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500advanced hereunder, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.. [Biolase] Credit Agreement #61304369
Appears in 1 contract
Samples: Credit Agreement (Biolase, Inc)
Exit Fee. Upon In the Termination Dateevent the Borrower terminates the Revolving Committed Amount on or before June 11, 1999, the Borrower shall agrees to pay an exit fee (to the “Exit Fee”) to Agent, for the ratable benefit of the Lenders, an exit fee in an amount equal to (i) six and one half of one percent (6.50%) multiplied by the aggregate amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date50,000.
Appears in 1 contract
Samples: Credit Agreement (Staff Leasing Inc)
Exit Fee. Upon Subject to Section 2.8.3, upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (i) six and one half of one (x) eight percent (6.508.0%) multiplied by (y) the aggregate principal amount of the Term Loan funded advanced hereunder on or prior to such date plus (ii) $62,50075,000, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Biolase, Inc)
Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (i) six and one half of one percent (6.50%) multiplied by the aggregate amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500600,000, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Biotricity Inc.)
Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (i) six and one half of one percent (6.50%) multiplied by the aggregate amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,50062,500112,500, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Elutia Inc.)
Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (i) six and one half of one percent (6.50%) multiplied by the aggregate amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500112,500, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Elutia Inc.)
Exit Fee. Upon Subject to Section 2.8.3, upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (ix) six and one half of one eight percent (6.508.0%) multiplied by (y) the aggregate principal amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500advanced hereunder, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Biolase, Inc)
Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (ix) six and one half of one five percent (6.505.0%) multiplied by (y) the aggregate principal amount of the all Term Loan funded hereunder on or prior to such date plus (ii) $62,500Loans advanced hereunder, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract
Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (i) six and one half of one five percent (6.505.00%) multiplied by the aggregate amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500date, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Appears in 1 contract