Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Forbearance Amendment and Fifteenth Amendment Effective Date, (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, and (iii) paid to the Lender in good and collected upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 2,500.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Fifth Forbearance Amendment and Fifteenth Nineteenth Amendment Effective Date, ; (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, ; and (iii) paid to the Lender in good and collected funds upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 20,000.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Seventh Forbearance Amendment and Fifteenth Twenty-Third Amendment Effective Date, ; (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, ; and (iii) paid to the Lender in good and collected funds upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 2,500.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Fourth Forbearance Amendment and Fifteenth Eighteenth Amendment Effective Date, ; (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, ; and (iii) paid to the Lender in good and collected funds upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 50,000.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Forbearance Amendment and Fifteenth Fourteenth Amendment Effective Date, (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, and (iii) paid to the Lender in good and collected upon the execution of this Agreement.
Appears in 1 contract
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 0.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Sixth Forbearance Amendment and Fifteenth Twenty-First Amendment Effective Date, ; (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, ; and (iii) paid to the Lender in good and collected funds upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 25,000.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Third Forbearance Amendment and Fifteenth Seventeenth Amendment Effective Date, (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, and (iii) paid to the Lender in good and collected funds upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Second Forbearance Amendment and Fifteenth Sixteenth Amendment Effective Date, (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, and (iii) paid to the Lender in good and collected upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Forbearance Fee. In consideration of the Lender’s agreements set forth herein, Obligors agree to pay the Lender a non-refundable forbearance fee in the amount of $12,500.00 7,500.00 (the “Forbearance Amendment Fee”). The Forbearance Amendment Fee shall be: (i) fully earned by the Lender as of the Eighth Forbearance Amendment and Fifteenth Twenty-Fourth Amendment Effective Date, ; (ii) retained by the Lender as a fee under all circumstances and shall not be applied in reduction of any other of the Obligations, ; and (iii) paid to the Lender in good and collected funds upon the execution of this Agreement.
Appears in 1 contract
Samples: Forbearance Agreement and Loan and Security Agreement (Revolution Lighting Technologies, Inc.)