Common use of Payment of Additional Compensation Clause in Contracts

Payment of Additional Compensation. Upon a Lender having determined that it is entitled to compensation in accordance with the provisions of this Section 4.8 (“Additional Compensation”), the Lender shall promptly so notify the Agent and the Borrower and shall provide to the Agent and the Borrower a photocopy of the relevant Applicable Law or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower shall pay to the Lender within 30 Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 2 contracts

Samples: Bridge and Term Loan Credit Agreement, Bridge and Term Loan Credit Agreement

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Payment of Additional Compensation. Upon a If the Lender having determined determines that it is entitled to compensation in accordance with the provisions of this Section 4.8 3.16 (“Additional Compensation”), the Lender shall promptly so notify the Agent and the Borrower Borrowers and shall provide to the Agent and the Borrower Borrowers a photocopy of the relevant Applicable Law or direction, requirement, guideline, policy or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower Borrowers shall pay to the Lender within 30 Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 3.16 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 1 contract

Samples: Credit Agreement (Village Farms International, Inc.)

Payment of Additional Compensation. Upon a If the Lender having determined determines that it is entitled to compensation in accordance with the provisions of this Section 4.8 3.17 (“Additional Compensation”), the Lender shall promptly so notify the Agent and the Borrower Borrowers and shall provide to the Agent and the Borrower Borrowers a photocopy of the relevant Applicable Law or direction, requirement, guideline, policy or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower Borrowers shall pay to the Lender within 30 Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 3.17 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 1 contract

Samples: Credit Agreement (Village Farms International, Inc.)

Payment of Additional Compensation. Upon a Lender having determined that it is entitled to compensation in accordance with the provisions of this Section 4.8 4.1 ("Additional Compensation"), the Lender shall promptly so notify the Agent Borrower and the Borrower Administrative Agent and shall provide to the Agent Borrower and the Borrower Administrative Agent a photocopy of the relevant Applicable Law Government Rule or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower shall pay to the Lender within 30 Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 4.1 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Kaiser Francis Oil Co)

Payment of Additional Compensation. Upon a Lender having determined that it is entitled to compensation in accordance with the provisions of this Section 4.8 5.1 (“Additional Compensation”), the Lender shall promptly so notify the Agent Borrower and the Borrower Administrative Agent, and shall provide to the Agent Borrower and the Borrower Administrative Agent a photocopy of the relevant Applicable Law Government Rule or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower shall pay to the Lender within 30 ninety (90) Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 4.1 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Lithium Americas Corp.)

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Payment of Additional Compensation. Upon a the Lender having determined that it is entitled to compensation in accordance with the provisions of this Section 4.8 4.6 ("Additional Compensation"), the Lender shall promptly so notify the Agent and the Borrower and shall provide to the Agent and the Borrower a photocopy of the relevant Applicable Law or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower shall pay to the Lender within 30 Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 4.6 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 1 contract

Samples: Loan Agreement (Starcraft Corp /In/)

Payment of Additional Compensation. Upon a Lender having determined that it is entitled to compensation in accordance with the provisions of this Section 4.8 4.15 ("Additional Compensation"), the Lender shall promptly so notify the Agent Borrower and the Borrower Agent and shall provide to the Agent Borrower and the Borrower Agent a photocopy of the relevant Applicable Law or direction, requirement, guideline, policy or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower shall pay to the Lender within 30 Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 4.15 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 1 contract

Samples: Credit Agreement (SunOpta Inc.)

Payment of Additional Compensation. Upon a the Lender having determined that it is entitled to compensation in accordance with the provisions of this Section 4.8 4.6 (“Additional Compensation”), the Lender shall promptly so notify the Agent and the Borrower and shall provide to the Agent and the Borrower a photocopy of the relevant Applicable Law or request, as applicable, and a certificate of an officer of the Lender setting forth the Additional Compensation and the basis of calculation thereof, which shall be conclusive evidence of the Additional Compensation in the absence of manifest error. The Borrower shall pay to the Lender within 30 Business Days of the giving of notice the Additional Compensation for the account of the Lender accruing from the date of the notification. The Lender shall be entitled to be paid Additional Compensation from time to time to the extent that the provisions of this Section 4.8 4.6 are then applicable notwithstanding that the Lender has previously been paid Additional Compensation.

Appears in 1 contract

Samples: Loan Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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