Common use of Origination Fee Clause in Contracts

Origination Fee. Borrower shall pay to Agent, for the benefit of Lenders, a fee (the “Origination Fee”) in the amount of $200,000, which Origination Fee shall be deemed fully earned and non-refundable on the Closing Date.

Appears in 2 contracts

Sources: Credit Agreement (Journey Medical Corp), Credit Agreement (Journey Medical Corp)

Origination Fee. The Borrower shall pay to the Agent, for the benefit accounts of Lendersthe Lenders on a pro rata basis, a an origination fee (the “Origination Fee”) in the an aggregate amount of One Hundred Thousand Dollars ($200,000, which Origination Fee shall be deemed fully earned and non-refundable 100,000) on the Closing Date. No portion of the Origination Fee paid to the Agent, for the accounts of the Lenders, shall under any circumstances be refunded to the Borrower.

Appears in 2 contracts

Sources: Revolving Credit Loan Agreement, Revolving Credit Loan Agreement (Harvard Bioscience Inc)

Origination Fee. Borrower On the Effective Date, the Borrowers shall pay to the Origination Agent, for the benefit of Lenders, a non‑refundable origination fee (the “Origination Fee”) in the amount of equal to $200,0006,250,000, which Origination Fee shall be deemed fully earned and non-refundable on the Closing Datewhen paid.

Appears in 2 contracts

Sources: Fee Letter (GP Investments Acquisition Corp.), Fee Letter (GP Investments Acquisition Corp.)

Origination Fee. The Borrower shall pay to Agent, the Agent for the ratable benefit of Lenders, the Lenders a fee (the “Origination Fee”) in the amount of $200,000, which Origination Fee shall be deemed fully earned and non-refundable origination fee with respect to the Credit Facilities of $600,000 due and payable on the Closing Funding Date.

Appears in 1 contract

Sources: Credit and Security Agreement (Sheldahl Inc)

Origination Fee. Borrower shall pay to Agent, for the ratable benefit of Lendersthe Banks, a fee nonrefundable origination fees (the "Origination Fee”Fees") in the an amount equal to one-half of $200,000, which Origination Fee shall be deemed fully earned and non-refundable one percent (.50%) of each Bank's Commitment on the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Quantum Corp /De/)

Origination Fee. Borrower shall pay to Agent, for the benefit of Lendersits own account, a fee (the “Origination Fee”) in the amount of $200,000120,000, which Origination Fee shall be deemed fully earned and non-refundable on the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Biotricity Inc.)

Origination Fee. Borrower On the Closing Date, the Borrowers shall pay to Agent, for the benefit of Lenders, a an origination fee (the “Origination Fee”) in the aggregate amount of $200,000110,000 to Agent for its own account, which Origination Fee fee shall be deemed fully earned and non-refundable on the Closing Date.such date, and

Appears in 1 contract

Sources: Loan and Security Agreement (Harolds Stores Inc)

Origination Fee. Borrower shall pay to Agent, for the benefit of Lendersits own account, a fee (the “Origination Fee”) in the amount of $200,000100,000, which Origination Fee shall be deemed fully earned and non-refundable on the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Eton Pharmaceuticals, Inc.)

Origination Fee. The Borrower shall pay to the Agent, for the benefit accounts of Lendersthe Lenders on a pro rata basis, a an origination fee (the “Origination Fee”) in the an aggregate amount of One Hundred Fifty Thousand Dollars ($200,000, which 150,000) on the Restatement Closing Date. No portion of the Origination Fee paid to the Agent, for the accounts of the Lenders, shall under any circumstances be deemed fully earned and non-refundable on refunded to the Closing DateBorrower.

Appears in 1 contract

Sources: Revolving Credit Loan Agreement (Harvard Bioscience Inc)