Payment of Commitment Fee. In consideration for the Investor’s execution and delivery of this Agreement, the Company shall cause to be paid to the Investor a commitment fee of US$250,000 (the “Commitment Fee”) immediately upon the execution of this Agreement and shall deliver the Commitment Fee in full to the Investor by wire transfer of immediately available funds to an account designated by the Investor by written notice to the Company on or prior to the date of this Agreement. For the avoidance of doubt, all of the Commitment Fee shall be fully earned as of the date of this Agreement, whether or not the Commencement shall occur or any Purchase Shares are purchased by the Investor under this Agreement and irrespective of any subsequent termination of this Agreement.
Payment of Commitment Fee. The payment by the Company in cash to each Purchaser of a commitment fee equal to 0.25% of the principal of the Upsized Notes required to be purchased by such Purchaser under the Commitment Letter.
Payment of Commitment Fee. The Purchaser shall have received the full amount of the Commitment Fee, in immediately available funds, in accordance with the Purchaser’s wiring instructions.
Payment of Commitment Fee. The Lender shall have received the Commitment Fee.
Payment of Commitment Fee. The Borrower shall have paid to the Lead Arranger such commitment fees as provided in Section 5.08(b)(v), which fees shall, when paid, be fully earned and non-refundable under any circumstances, and the Lead Arranger shall have paid to the Banks acquiring the increased Total Revolving Loan Commitments each such Bank’s portion of such commitment fees; and
Payment of Commitment Fee. The accrued Commitment Fee is payable on the last day of each successive period of one month which ends during the Availability Period, on the last day of the Availability Period and, if cancelled in full, on the cancelled amount at the time the cancellation is effective.
Payment of Commitment Fee. The accrued commitment fee is payable in arrears on the final day of each monthly period (or pro rata portion thereof) beginning with the date hereof until the first Utilisation Date hereunder and thereafter on each Repayment Date in respect of any Loan, on the last day of the Availability Period and, if cancelled in full, on the cancelled amount of the relevant Lender’s Commitment at the time the cancellation is effective.
Payment of Commitment Fee. (1) The Parent Borrower shall pay the amount (fraction less than one (1) yen shall be rounded down) derived by multiplying the Commitment Fee Rate for Tranche B by the total amount of the daily Unused Commitment Amount of Tranche B during a Commitment Fee Calculation Period in relation to Tranche B, and divided by 365, as Commitment Fee for Tranche B on the day two (2) Business Days after the end of the relevant Commitment Fee Calculation Period; provided, however, that, in the case where the Commitment Period in relation to Tranche B ends before the Commitment Period Expiration Date for Tranche B, the Parent Borrower shall, with respect to the Commitment Fee Calculation Period in relation to Tranche B in which the Commitment Period in relation to Tranche B ended, pay the amount (fraction less than one (1) yen shall be rounded down) derived by multiplying the Commitment Fee Rate for Tranche B by the total amount of the daily Unused Commitment Amount of Tranche B during the period from (and including) the commencement date of such Commitment Fee Calculation Period to (and including) the Commitment Period Expiration Date for Tranche B, and divided by 365, as Commitment Fee for Tranche B during such Commitment Fee Calculation Period on the day two (2) Business Days after the final day of the relevant Commitment Fee Calculation Period as set out in the column “Commitment Fee Calculation Period” in paragraph (1) of section 3.1, and thereafter shall not be required to pay any Commitment Fee for Tranche B (if any). The Tranche B Lender shall not be required to repay the Commitment Fee for Tranche B received except in the case otherwise provided for in this Agreement.
Payment of Commitment Fee. The Borrower shall pay the commitment fee pursuant to Section 3.03 hereof.
Payment of Commitment Fee. As an additional condition precedent under Section 4.1 of the Loan and Security Agreement, Lender shall have completed to its satisfaction its due diligence review of Borrower’s business and financial condition and prospects, and Lender’s investment committee shall have approved its Commitment. If this condition is not satisfied, the Twelve Thousand Five Hundred Dollars ($12,500) commitment fee (the “Commitment Fee”) previously paid by Borrower shall be refunded. Lender agrees that with respect to each Equipment Loan advanced under its Commitment, on the Borrowing Date applicable to such Loan, Lender shall credit against the payments due from Borrower on such date in respect of such Loan an amount equal to the product of Twelve Thousand Five Hundred Dollars ($12,500) and a fraction the numerator of which is the principal amount of such Loan and the denominator of which is Two Million Five Hundred Thousand Dollars ($2,500,000), until the amount of such credits made by Lender equals but does not exceed Twelve Thousand Five Hundred Dollars ($12,500). Except as set forth in this Section 6, the Commitment Fee is not refundable.
