Common use of Origination Fee Clause in Contracts

Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,500. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.

Appears in 3 contracts

Samples: Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.), Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.), Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.)

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Origination Fee. Contemporaneous with Borrowers Borrowers’ execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,50042,500. All fees The fee payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.

Appears in 2 contracts

Samples: Credit and Security Agreement (Term Loan) (Aziyo Biologics, Inc.), Credit and Security Agreement (Term Loan) (Aziyo Biologics, Inc.)

Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing DateDate in accordance with their Pro Rata Shares, a fee in an amount equal to $187,500the aggregate amount of all Term Loan Commitments multiplied by [***] percent ([***]%). All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (Term Loan) (Cerus Corp)

Origination Fee. Contemporaneous with Borrowers Borrowers’ execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, in accordance with their respective Pro Rata Shares, a one-time fee in an amount equal to $187,50075,000. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and on the Closing Date and, once paid, shall be non-refundable as of the Closing Daterefundable.

Appears in 1 contract

Samples: Credit and Security Agreement (Ellipse Technologies Inc)

Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,500110,000. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and and, once paid, shall be non-refundable as of the Closing Daterefundable.

Appears in 1 contract

Samples: Credit and Security Agreement (Term Loan) (Alpha Teknova, Inc.)

Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,500. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.. ​

Appears in 1 contract

Samples: Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.)

Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,5002,000,000. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.

Appears in 1 contract

Samples: Credit and Security Agreement (TherapeuticsMD, Inc.)

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Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,500the Term Loan Commitment Amount multiplied by one half of one percent (0.5%). All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Term Loan) (Invuity, Inc.)

Origination Fee. Contemporaneous with Borrowers Borrowers’ execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Revolving Loans on the Closing Date, in accordance with their respective Pro Rata Shares, a one-time fee in an amount equal to $187,50025,000. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and on the Closing Date and, once paid, shall be non-refundable as of the Closing Daterefundable.

Appears in 1 contract

Samples: Credit and Security Agreement (Ellipse Technologies Inc)

Origination Fee. Contemporaneous with Borrowers Borrowers’ execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, in accordance with their respective Pro Rata Shares, a fee in an amount equal to $187,500150,000. All fees payable pursuant to this paragraph shall be deemed fully earned when and due and payable and on the Closing Date and, once paid, shall be non-refundable as of the Closing Daterefundable.

Appears in 1 contract

Samples: Term Credit and Security Agreement (Spectranetics Corp)

Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,500100,000. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Term Loan) (HTG Molecular Diagnostics, Inc)

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