Guaranty Fee. The Borrower shall pay the Lender a monthly fee equal to ten percent (10%) of the monthly payment amount guaranteed pursuant to the Lender Guaranties then outstanding and ten percent (10%) of the monthly payments of any kind made by the Lender under the leases entered into by the Lender on behalf of the Borrower identified on Item 2.9 of the Disclosure Schedule (collectively, the “Guaranty Fee”). The Borrower shall pay the Guaranty Fee quarterly in arrears on the last day of each Fiscal Quarter. If the Borrower fails to pay any Guaranty Fee when due, then the amount unpaid shall be deemed to be made, without further notice to the Borrower, as a Revolving Loan.
Guaranty Fee. HGP and HGP LP, jointly and severally, agree to pay Prime LP an annual fee of $400,000 which shall accrue from the date hereof until the date of the termination and unconditional release of any and all obligations under the Guaranty and be payable in equal quarterly installments in arrears on each March 31, June 30, September 30 and December 31, commencing June 30, 1998 (and on the date of termination and release).
Guaranty Fee. For so long as the Guaranty Agreement shall be in effect and provided that no Default or Event of Default exists with respect to the Guaranty Agreement, Newcup shall pay to SF Holdings an annual guarantee fee, payable in cash on the last Business Day of each calendar year (the "Guaranty Fee") with respect to each Interest Period occurring during such calendar year, computed as follows: (a) the Guaranty Fee payable with respect to each Interest Period occurring within such calendar year that does not constitute a PIK Quarter (as defined in the Series A Notes) with respect to the Series A Notes shall be equal to one-half of one percent (0.5%) of the outstanding principal amount of the Series A notes as of the first day of such Interest Period; (b) the Guaranty Fee payable with respect to each Interest Period occurring within such calendar year that does not constitute a PIK Quarter (as defined in the Series B Notes) with respect to the Series B Notes shall be equal to one-half of one percent (0.5%) of the outstanding principal amount of the Series B Notes as of the first day of such Interest Period; (c) the Guaranty Fee payable with respect to each Interest Period occurring within such calendar year that constitutes a PIK Quarter (as defined in the Series A Notes) with respect to the Series A Notes shall be equal to one percent (1.0%) of the outstanding principal amount of the Series A Notes as of the first day of such Interest Period; and (d) the Guaranty Fee payable with respect to each Interest Period occurring within such calendar year that constitutes a PIK Quarter (as defined in the Series B Notes) with respect to the Series B Notes shall be equal to one percent (1.0%) of the outstanding principal amount of the Series B Notes as of the first day of such Interest Period. At Newcup's option (exercisable by written notice to SF Holdings), the amount of the Guaranty Fee due may be paid through a reduction of the adjusted issue price (original principal plus accrued but unpaid original issue discount less any previously paid guaranty fees) of the SF Notes and such reduction will be deemed to constitute a cash payment under this Paragraph 3.
Guaranty Fee. As compensation for the guaranty of the US $2,000,000 Working Capital Facility described in Exhibit A of this Agreement, Reflectone shall pay in the manner set forth in Section 2(c) hereof, to BAe a guarantee fee (the "Guaranty Fee") based on the drawings made under the Guaranteed Facility equal to 3.5 percent per annum, less the margin charged by Wachovia Bank of Georgia, N.A. as more fully described in the Agreement establishing the Working Capital Facility. The Guaranty Fee due in respect of drawings under the Working Capital Facility shall accrue from day to day commencing on the date of each drawing and shall be computed on the basis of the actual days elapsed using a 360-day year.
Guaranty Fee. In the event Legacy is required to guaranty any Development Loan or any Permanent Loan, the Company shall pay to Legacy an annual guaranty fee ("Guaranty Fee"), which Guaranty Fee shall be determined and payable in accordance with the provisions of this Section 8.13.
Guaranty Fee. The Lender shall pay a guaranty fee to VSBFA equal to one and one-half percent (1.5%) of the guarantied portion of the loan or line of credit. The Lender may assess this guaranty fee(s) on the Borrower.
Guaranty Fee. If this Guaranty has not terminated by the fourth anniversary of its inception, then beginning on the fourth anniversary of this Guaranty and on each anniversary thereafter until this Guaranty is terminated, EMC shall cause the Partnership to pay to the Guarantor, a fee equal to 2% of the amount by which the Consolidated partners' equity is less than Four Million Dollars ($4,000,000.00).
Guaranty Fee. Upon execution of this Agreement and on each Interest Payment Date (as defined in the Indenture) (each, a “Fee Payment Date”), until all Borrower’s obligations under the Bond Documents and the Reimbursement Documents have been satisfied in full, Borrower shall pay [an annual guaranty fee to Guarantor in an amount equal to forty (40) basis points of the pro rata principal amount of the Bonds subject to the County’s Guaranty as of that Fee Payment Date, payable one-half (1/2) on each Fee Payment Date] [an upfront fee of [$______]].
Guaranty Fee. In consideration of Royal providing the Royal Guaranty for the benefit of Rhino, Rhino hereby agrees to pay Royal a guaranty fee (the “Guaranty Fee”) equal to one percent (1%) per year of the face amount of any Surety Bond issued under the Surety Agreement for the benefit of Rhino or its subsidiaries for as long as the Royal Guaranty applies to such Surety Bond. The Guaranty Fee shall be paid as follows:
a. Upon initial issuance of a Surety Bond, an amount equal to one percent (1%) of the face amount of such Surety Bond per year for the period from the date of issuance of the Surety Bond to the last day of the Term.
b. If the Royal Guaranty is still in place at the start of any Term, beginning with the Term that would start on the third anniversary of the execution of the Surety Agreement, an amount equal to one percent (1%) of the face amount of all Surety Bond’s in place at that time.
Guaranty Fee. In the event the Company shall borrow funds from a lender, and the lender shall require guaranties from the members, the parties shall attempt to persuade the lender to allow the members to guarantee repayment only of the portion of the debt represented by the proportionate share of each Member's capital account. In the event, and each time, a lender requires Low to guarantee the portion of debt represented by CRC's proportion of capital, but does not require CRC to guarantee the portion of debt represented by Low's proportion of capital, CRC shall pay to Low a guaranty fee in the amount of four percent (4%) (the "Guaranty Percentage") of the greater of (1) amount of the loan represented by CRC's proportion of capital, or (2) twenty percent (20%). The Guaranty Fee shall be paid annually, but shall be reduced each year in proportion to any reduction in the outstanding balance of the loan. However, if Low and CRC both agree, CRC may eliminate all future Guaranty Fees related to a specific loan by dilution of its equity interest in the Company on a proportionate basis. For instance, and only by way of example, if the Guaranty Fee is calculated to be one-hundred thousand dollars ($100,000.00), which amount represents one percent (1%) of the total capital of the Company, CRC may eliminate the Guaranty Fee for the current year, and all future years, by transferring one-percent (1%) of the Company to Low.
