Payment of Consent Fee Sample Clauses

Payment of Consent Fee. The payment to the holders of a consent fee in the aggregate amount of $1,000,000, by increasing the principal amount of each Holder's 2005 Notes or 2006 Notes, as the case may be, by such Xxxxxx's pro rata share; and
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Payment of Consent Fee. Borrower hereby agrees to pay (within five Business Days after Third Amendment Effective Date) to each Lender that executes and delivers a consent to this Amendment to Administrative Agent on or before 3:00 p.m. (New York City time), on March 7, 2008, an amendment fee equal 0.10% of the sum of such Lender’s Term Loan Commitment plus such Lender’s Revolving Loan Commitment.
Sample 1
Payment of Consent Fee. In the event that the Company has failed to comply with the Interest Expense Coverage Ratio and the Consolidated Net Worth requirements set forth in Sections 7.4 and 7.5, respectively, of the Original Note Purchase Agreement for the most recently ended fiscal quarter prior to such date, the Company hereby agrees to pay to the Noteholder by wire transfer of AQUAGENIX, INC. 3 AMENDMENT N0. 4 immediately available funds as directed by the Noteholder on Schedule 4.2 hereto (i) a quarterly consent fee equal to one quarter of one percent (0.25%) of the outstanding principal balance of the Amended Notes as of the final day of the most recently ended fiscal quarter prior to the due date of such payment (the "Quarterly Consent Fee"), such Quarterly Consent Fee, if any, shall be due on or before January 31, 1998 and April 30, 1998 and (ii) a monthly consent fee equal to Five Thousand Dollars ($5,000) (the "Monthly Consent Fee" and together with the Quarterly Consent Fee, the "Consent Fees"), such Monthly Consent Fee, if any, shall be due on the last day of each month beginning May 31, 1998 through and including March 31, 1999. Failure of the Company to pay the Consent Fees when due shall result in an Event of Default under Section 9.1(b) of the Existing Note Purchase Agreement.
Sample 1
Payment of Consent Fee. The Company hereby agrees to pay to the Noteholder a quarterly consent fee equal to one quarter of one percent (0.25%) of the outstanding principal balance of the Notes as of the final day of the most recently ended fiscal quarter prior to the due date of such payment (the "Consent Fee"). The Consent Fee, if any, shall be due on or before January 31, 1998, April 30, 1998 and July 31, 1998 if the Company has failed to comply with the Interest Expense Coverage Ratio and the Consolidated Net Worth requirements set forth in Sections 7.4 and 7.5, respectively, of the Original Note Purchase Agreement for the most recently ended fiscal quarter prior to such date. Failure of the Company to pay the Consent Fee when due shall result in an Event of Default under Section 9.1(b) of the Existing Note Purchase Agreement. AQUAGENIX, INC. 2 AMENDMENT NO. 3
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Payment of Consent Fee. By no later than the Amendment Effective Date, the Borrower shall pay the Consent Fee to each Existing Lender that has consented to this Amendment (by delivery to the Administrative Agent of its executed signature page hereto) by no later than the Consent Date.
Sample 1
Payment of Consent Fee. The Borrower shall have delivered to the Administrative Agent, for the ratable account of each Lender that executes and delivers a counterpart of this Amendment on or prior to the later of (x) 3:00 pm (New York time) on June 30, 2000 and (y) the date on which the Required Lenders have executed and delivered a counterpart of this Amendment to the Administrative Agent (collectively, the "Consenting Lenders"), a consent fee equal to 0.03% of the aggregate amount of the Commitments of the Consenting Lenders. Such fee shall be paid in immediately available funds to the account specified by the Administrative Agent for payments under the Credit Agreement. All fees and expenses of the Administrative Agent (including fees and expenses of its counsel) in connection with this Amendment shall have been paid.
Sample 1

Related to Payment of Consent Fee

  • Consent Fee (a) As consideration for the Lenders granting the waiver extension and consenting to the amendment and restatement of the Facility Agreement as set out in paragraph 2 above, the Company shall pay (or shall cause to be paid) to the Agent for the account of the Lenders (the "Consenting Lenders") that have agreed to the waiver extension and amendment and restatement requested in this Letter by close of business on 11 September 2020 (the "Consent Approval Date"): (i) a fee payable in USD in an aggregate amount equal to [***]% of the aggregate USD Commitments of the Consenting Lenders as at the Consent Approval Date (the "USD Consent Fee"); and (ii) a fee payable in HKD in an aggregate amount equal to [***]% of the aggregate HKD Commitments of the Consenting Lenders as at the Consent Approval Date (the "HKD Consent Fee"), in each case, within 10 Business Days following the Effective Date (or such later date as agreed between the Company and the Agent) (the "Payment Date"). (b) Promptly following (and in any event within 3 Business Days of) the Effective Date, the Agent shall supply the Company with such information the Company reasonably requires in order to calculate the amount of the USD Consent Fee and the HKD Consent Fee payable pursuant to paragraph (a) above. (c) The USD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate USD Commitments of all the Consenting Lenders (calculated as at the Consent Approval Date). Xxxxxxx xx Xxxx xx X. Xxxxxxx xx Xxxxxxxxx, Xxxxx, Macao SAR 澳門氹仔望德聖母灣大馬路 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) *For identification purposes only僅供識別 HKEx Stock Code股份代碼 : 1928 (d) The HKD Consent Fee shall be allocated by the Agent to each Consenting Lender pro rata to that Consenting Lender’s share of the aggregate HKD Commitments of all Consenting Lenders (calculated as at the Consent Approval Date). (e) The USD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: The HKD Consent Fee shall be paid into the following bank account (or such other bank account you notify to us in writing at least 3 Business Days prior to the Payment Date): Account Bank: Name of Account: Account Number: Ref: (f) The Consent Fee shall only be payable if the Effective Date occurs.

  • Payment of Consideration (1) Prior to the Filing Time, in accordance with the terms of the Arrangement Agreement, the Purchaser shall deposit, for the benefit of holders of Shares, cash with the Depositary in the aggregate amount equal to the payments in respect thereof required by this Plan of Arrangement (with the amount per Share in respect of which Dissent Rights have been exercised being deemed to be the Consideration per applicable Share for this purpose only). The cash deposited with the Depositary shall be held in an interest-bearing account, and any interest earned on such funds shall be for the account of the Purchaser. (2) Upon the surrender to the Depositary for cancellation of a certificate which immediately prior to the Effective Time represented outstanding Shares that were transferred pursuant to Section 3.1(10), together with a duly completed and executed Letter of Transmittal and such additional documents and instruments as the Depositary may reasonably require, the holder of the Shares represented by such surrendered certificate shall be entitled to receive in exchange therefor from the Depositary, and the Depositary shall deliver to such holder as soon as possible, a cheque (or other form of immediately available funds) representing the cash which such holder has the right to receive under the Arrangement for such Shares, less any amounts withheld pursuant to Section 5.3, and any certificate so surrendered shall forthwith be cancelled. (3) Until surrendered for cancellation as contemplated by this Section 5.1, each certificate that immediately prior to the Effective Time represented Shares shall be deemed after the Effective Time to represent only the right to receive upon such surrender a cash payment in lieu of such certificate as contemplated in this Section 5.1 or Section 4.1, as the case may be, less any amounts withheld pursuant to Section 5.3. Any such certificate formerly representing Shares not duly surrendered on or before the sixth anniversary of the Effective Date shall cease to represent a claim by or interest of any former holder of Shares of any kind or nature against or in the Company or the Purchaser. On such date, all cash to which such former holder was entitled shall be deemed to have been surrendered to the Purchaser. (4) Prior to the Filing Time, in accordance with the Arrangement Agreement, the Purchaser shall deposit, or shall cause to be deposited, for the benefit of holders of Options, PSUs and SARs, the Subscription Amount (which is an aggregate cash amount equal the payments in respect thereof required by the Company under this Plan of Arrangement) with the Depositary. The cash shall be held in a separate interest-bearing account and any interest earned on such funds prior to the Effective Time shall be for the account of the Purchaser and thereafter for the account of the Company. On or as soon as practicable after the Effective Date, the Depositary shall deliver, on behalf of the Company, to each person who immediately before the Effective Time was a holder of Options, PSUs and SARs, as reflected on the register or accounts maintained by or on behalf of the Company in respect of Options, PSUs and SARs as provided to the Depositary, a cheque (or other form of immediately available funds) representing the cash payment, if any, which such holder of Options, PSUs and SARs is entitled to receive pursuant to Section 3.1(7), Section 3.1(8) and Section 3.1(9), respectively, less any amounts required to be withheld pursuant to Section 5.3. (5) Any payment made by way of cheque by the Depositary on behalf of the Company or the Purchaser pursuant to this Plan of Arrangement that has not been deposited or has been returned to the Depositary or that otherwise remains unclaimed, in each case, on or before the sixth anniversary of the Effective Time, and any right or claim to payment hereunder that remains outstanding on the sixth anniversary of the Effective Time shall cease to represent a right or claim of any kind or nature and the right of the holder to receive the consideration for the Shares, Options, PSUs or the SARs, as the case may be, pursuant to this Plan of Arrangement shall terminate and be deemed to be surrendered and forfeited to the Purchaser for no consideration. (6) No holder of Shares, Options, PSUs or SARs shall be entitled to receive any consideration with respect to such securities other than any cash payment to which such holder is entitled to receive in accordance with Article III and this Section 5.1 and, for greater certainty, no such holder will be entitled to receive any interest, dividends, premium or other payment in connection therewith, other than any declared but unpaid dividends with a record date prior to the Effective Date. No dividend or other distribution declared or made after the Effective Time with respect to the Class A Shares and/or the Class B Shares with a record date on or after the Effective Date shall be delivered to the holder of any unsurrendered certificate which, immediately prior to the Effective Date, represented outstanding Shares.

  • Additional Fee on Late Payments For any payments thirty (30) calendar days or more overdue under this Agreement, Registry Operator shall pay an additional fee on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law.

  • PAYMENT OF COSTS AND LEGAL FEES All reasonable costs and legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Bank if Executive is successful on the merits pursuant to a legal judgment, arbitration or settlement.

  • Payment of Costs and Legal Fees and Reinstatement of Benefits In the event any dispute or controversy arising under or in connection with the Executive’s termination is resolved in favor of the Executive, whether by judgment, arbitration or settlement, the Executive shall be entitled to the payment of (a) all legal fees incurred by the Executive in resolving such dispute or controversy, and (b) any back-pay, including Base Salary, bonuses and any other cash compensation, fringe benefits and any compensation and benefits due to the Executive under this Agreement.

  • Amendment Fees The Borrower agrees to pay to the Administrative Agent for the account of each 00000000 Bank on the First Amendment Effective Date the upfront fees required to be paid on such date, as set forth in the 20152016 Fee Letters.

  • Payment of Fee The Trust (and/or the Distributor) shall pay the Website Hosting and Notice Fee to the Company, in full, within 30 business days after the end of the semi-annual period.

  • Payment of Extension Fee The Borrower shall pay to the Agent for the pro rata accounts of the Lenders in accordance with their respective Commitments an extension fee in an amount equal to fifteen (15) basis points on the Total Commitment in effect on the Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

  • Additional Payment In addition to any Spousal Support, in the event of Divorce: (check one)

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.