Common use of Fifth Amendment Fee Clause in Contracts

Fifth Amendment Fee. In connection with the consummation of the Fifth Amendment, the Borrowers shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, an amendment fee in the amount of $825,000, which amendment fee shall be fully earned and due and payable in immediately available funds on the Fifth Amendment Effective Date.

Appears in 1 contract

Samples: Financing Agreement (Rhino Resource Partners LP)

AutoNDA by SimpleDocs

Fifth Amendment Fee. In connection with the consummation of the Fifth Amendment, the Borrowers shall The Borrower agrees to pay to the Administrative Agent, Agent for the pro rata account of the Lenders in accordance with their Pro Rata Shares, an amendment fee in party to the amount Fifth Amendment the sum of $825,00010,000 as and for a nonrefundable amendment fee, which amendment such fee to be payable on July 1, 2010 provided that such fee shall be fully earned waived in the event the Borrower has repaid the Liabilities in full and due and payable in immediately available funds terminated the Revolving Loan Commitments on the Fifth Amendment Effective Dateor before June 30, 2010.”

Appears in 1 contract

Samples: Loan and Security Agreement (Cobra Electronics Corp)

Fifth Amendment Fee. In connection with the consummation of On or prior to the Fifth AmendmentAmendment Effective Date, the Borrowers shall pay to the Administrative Agent, Agent for the account of the Lenders Lenders, in accordance with their Pro Rata Shares, an a nonrefundable amendment fee in (the amount of $825,000, which amendment fee shall be fully earned and due and payable in immediately available funds on the "Fifth Amendment Effective DateFee") equal to $75,000."

Appears in 1 contract

Samples: Financing Agreement (SMTC Corp)

AutoNDA by SimpleDocs

Fifth Amendment Fee. In connection with the consummation of On or prior to the Fifth AmendmentAmendment Effective Date, the Borrowers shall pay to the Administrative Agent, Agent for the account of the Lenders Lenders, in accordance with their Pro Rata Shares, an a nonrefundable amendment fee in (the amount of $825,000, which amendment fee shall be fully earned and due and payable in immediately available funds on the "Fifth Amendment Effective DateFee") equal to $75,000.

Appears in 1 contract

Samples: Financing Agreement (SMTC Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!