Guaranty Fee for Subsequent Financing Transaction Sample Clauses

Guaranty Fee for Subsequent Financing Transaction. As the sole consideration for the Guarantors to guarantee the full performance and complete satisfaction of any and all of the Company's obligations under and pursuant to any and all agreements and documents executed in connection with the Subsequent Financing Transaction, the Company shall pay Sun Capital a monthly guaranty fee, the amount of which will vary depending on whether sun capital elects, in its sole discretion, to be paid solely in cash or partially in cash and partially in a warrant to purchase shares of the Company's common stock. any written election by Sun Capital regarding the form of payment of the guaranty fee with respect to the Subsequent Financing Transaction shall be binding upon all Guarantors for the term of the Subsequent Financing Transaction.