New Facility Fee. On the date Borrowers execute this Amendment, ---------------- Borrower shall pay to Lender a facility fee ("New Facility Fee") of $12,500. Borrowers and Lender agree that the New Facility Fee may be financed, at Lender's discretion, as an Advance to the Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (Reliance Acceptance Group Inc)
New Facility Fee. On the date Borrowers execute Borrower executes this Amendment, ---------------- Borrower shall pay to Lender a facility fee ("New Facility Fee") of $12,50075,000. Borrowers Borrower and Lender agree that the New Facility Fee may be financed, at Lender's discretion, as an Advance to the Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (Reliance Acceptance Group Inc)
New Facility Fee. On the date Borrowers execute Borrower executes this Amendment, ---------------- Borrower shall pay to Lender a facility fee ("New Facility Fee") equal to one-quarter of one percent (0.25%) of $12,50050,000,000, prorated for the number of months remaining to the Maturity Date. Borrowers Borrower and Lender agree that the New Facility Fee may be financed, at Lender's discretion, as an Advance to the Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (Reliance Acceptance Group Inc)
New Facility Fee. On the date Borrowers execute Borrower executes this Amendment, ---------------- Borrower shall pay to Lender a facility fee ("New Facility Fee") of $12,50020,833.34. Borrowers Borrower and Lender agree that the New Facility Fee may be financed, at Lender's discretion, as an Advance to the Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (Reliance Acceptance Group Inc)
New Facility Fee. On the date Borrowers execute Borrower executes this Amendment, ---------------- Borrower shall pay to Lender a facility fee ("New Facility Fee") equal to one-quarter of one percent (0.25%) of $12,50020,000,000. Borrowers Borrower and Lender agree that the New Facility Fee may be financed, at Lender's discretion, as an Advance to the Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (Reliance Acceptance Group Inc)