Common use of Payment of Closing Fee Clause in Contracts

Payment of Closing Fee. The Borrowers shall have paid to the Documentation Agent, for the benefit of the Term Loan A Lenders that are providing the additional Term Loan A on the Amendment No. 2 Effective Date, a non-refundable closing fee in an amount equal to $268,500, which shall be deemed fully earned when paid.

Payment of Closing Fee. The Borrowers shall have paid to the Documentation Agent, for the benefit of the Term Loan A Lenders that are providing the additional Term Loan A on the Amendment No. 2 1 Effective Date, a non-refundable closing fee in an amount equal to $268,50040,000, which shall be deemed fully earned when paid.