Facility Increase Fee. Upon the occurrence of a Facility Increase pursuant to Section 2.19 (Facility Increase), a fee to each Lender that participates in such Facility Increase (including any Eligible Assignee that executes an Assumption Agreement in connection with such Facility Increase) and each new Lender to be determined by the Arranger and agreed to by the Borrower based on market conditions at the time of such Facility Increase, which fee shall be payable on the Facility Increase Effective Date.
Facility Increase Fee. Borrower hereby agrees to pay Lender a Facility Increase Fee in the amount of $20,000, simultaneously with the execution of this Amendment, which fee is fully earned as of the date hereof. Such fee may, at Congress' option, be charged directly to any account of Borrower maintained by Lender.
Facility Increase Fee. Each of the parties hereto acknowledges that this Amendment constitutes a Facility Increase for the purposes of Section 2.18 of the Credit Agreement and accordingly, the Initial Borrower covenants to pay (or cause to be paid) to pay to the Administrative Agent, for the account of the increasing Lenders on the Effective Date, a Facility Increase Fee in an amount equal to thirty (30) basis points (0.30%) per annum of the aggregate Lender Commitments of the Lenders so increased, pro-rated based on the tenor of such Facility Increase pursuant to paragraph (d) and (b) (Facility Increase Fee) of the Fee Letters entered into between the Initial Borrower and each Lender on the Closing Date.
Facility Increase Fee. After the Closing Date of the Note Purchase Agreement, on the effective date of each increase in the Stated Amount (as defined in the Indenture) of the Revolving Notes, Sirrom shall pay to HLS a Facility Increase Fee in an amount equal to the product of (i) 0.75% and (ii) the amount of such increase in the Stated Amount of the Revolving Notes.
Facility Increase Fee. Borrower shall pay to Coast a $50,000 fee for the $5,000,000 increase in the Maximum Dollar Amount ("Facility Increase Fee"). Borrower shall pay the Facility Increase Fee in four installments, with $12,500 being due and payable on the date hereof and $12,500 becoming due and payable every 90 days thereafter until paid in full. Notwithstanding the foregoing, if at any time prior to the date on which an installment of the Facility Increase Fee is due and payable, (i) the Loans are paid in full and the Loan Documents are terminated, or (ii) Lender syndicates, finds additional lender(s) for or sells participations in the Loans, then the Facility Increase Fee shall be deemed paid in full and no future payments shall become due and payable.
Facility Increase Fee. For participating in the Facility Increase, (i) each Increasing Lender shall have received on the Effective Date a fee in immediately available funds equal to the product of (x) 0.50% and (y) the difference obtained by subtracting the Revolving Credit Commitment of such Increasing Lender immediately prior to the effectiveness of this Amendment from the Revolving Credit Commitment of such Increasing Lender set forth in Schedule 1.1
(a) to this Amendment; and (ii) each New Lender shall have received on the Effective Date, a fee in immediately available funds equal to the product of (x) 0.50% and (y) the Revolving Credit Commitment of such New Lender as set forth in Schedule 1.1(a) to this Amendment.
Facility Increase Fee. Immediately upon the execution of the those certain Loan Documents to increase the Amount of the Revolving Credit Facility from Twenty Million Dollars ($20,000,000.00) to a maximum of Thirty Five Million Dollars ($35,000,000.00), with such Thirty Five Million Dollars ($35,000,000.00) to be available on or after October 1, 1998, upon Borrower's compliance with all of the conditions with respect thereto, Borrower shall pay a facility increase fee in the amount of One Hundred Fifty Thousand Dollars ($150,000.00). ================================================================================
Facility Increase Fee. The Agent shall have received the Facility Increase Fee as contemplated by Section 2 to this Amendment.
Facility Increase Fee. The Borrowers agree to pay to the Agent for the account of the Lenders, on or prior to the Amendment Effective Date (as defined below), a facility fee in respect of the increased Commitment equal to $729,167 (the "Facility Increase Fee"), such payment to be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to the account of the Agent set forth in Section 3.01(a) of the Loan Agreement.
