Payment of Fees and Interest. (i) On or before the Amendment Effective Date, all costs, fees and expenses, and all other compensation contemplated by this Agreement or any other agreement with any of the Agents due to any of the Agents, or the Banks (including, without limitation, legal fees and expenses) shall have been paid to the extent then due and (ii) on the Amendment Effective Date, the Borrower shall have paid, simultaneously with the making of the Initial Tranche B-1 Term Loans, to all Banks holding Tranche B Term Loans, all accrued and unpaid interest on the Tranche B Term Loans, in each case, to but not including the Amendment Effective Date.
Payment of Fees and Interest. The Administrative Agent and the Lenders shall have received all fees and other amounts due and payable on or prior to the Fifth Amendment Effective Date (including all accrued and unpaid fees and interest referred to in Section 3 and Section 7 hereof).
Payment of Fees and Interest. Each party is solely responsible for any and all fees and expenses incurred by it in exercising its rights and complying with the terms and conditions of this Agreement; provided, -------------------------------------------------------------------------------- -52- Agreement and Plan of Merger Execution Copy 57 that, the Parent and the Company Shareholder shall bear equally any filing fees associated with filing of notification(s) under the HSR Act in connection with the consummation of the transactions contemplated by this Agreement.
Payment of Fees and Interest. The Borrowers shall have paid (i) to Comerica Bank any fees due under the terms of the Fee Letter, (ii) to the Agent for the benefit of the existing lenders all accrued but unpaid interest through the Effective Date under the Prior Agreement, and (iii) to the Agent and the Lenders any other fees, costs or expenses due and outstanding to the Agent or the Lenders as of the Effective Date (including reasonable fees, disbursements and other charges of counsel to the Agent).
Payment of Fees and Interest. (a) In consideration for Laminar entering into the Guaranty, the Borrowers shall pay Laminar a fee of $450,000, payable in four equal installments of $112,500 each. The Borrowers shall pay the four installments as follows: (i) the first installment on the date this Agreement is executed; (ii) the second installment on May 1, 2008; (iii) the third installment on July 1, 2008; and (iv) the fourth installment on September 1, 2008. Notwithstanding the foregoing, if the Guaranty is terminated before September 1, 2008, no fee installment coming due after the termination date shall be required to be paid. If an installment is not paid in cash when due, such unpaid installment shall bear interest at the rate of 14.00% per annum until such amount is paid.
(b) In consideration for Laminar depositing funds in the Pledged Account, the Borrowers shall pay Laminar a fee on the amounts deposited in the Pledged Account from time to time from the date any such deposit is made until it is paid to the Lenders or returned to Laminar at a rate per annum equal to the LIBOR Rate (as defined herein), as in effect from time to time, plus 6.50% (the “Applicable Margin”). The Borrowers shall pay Laminar fees pursuant to this Section 1(b) monthly, in arrears, on the first day of each month or, if a deposit is paid or returned on any date other than the first day of the month, the fee with respect to such amount shall be paid on the date such deposit is paid to the Lenders or returned to Laminar. If a fee is not paid when due, the Applicable Margin shall increase to 8.50% from the date the payment was missed and interest shall accrue on the unpaid fee at a rate per annum equal to the LIBOR Rate, as in effect from time to time, plus 8.50%.
(c) In the event a payment shall be made by Laminar under the Guaranty (whether directly or as a result of the Agent or the Lenders taking funds from the Deposit Account), the Borrowers shall pay Laminar interest on the aggregate amounts paid under the Guaranty until such amounts are repaid to Laminar at a rate per annum equal to the LIBOR Rate, as in effect from time to time, plus 8.50%. The Borrowers shall pay Laminar interest pursuant to this Section 1(c) monthly, in arrears, on the first day of each month or, if an amount is repaid on any date other than the first day of the month, the interest with respect to such amount shall be paid on the date of such repayment.
(d) Notwithstanding anything in this Agreement to the contrary, the Borrowers’ ob...
Payment of Fees and Interest. The Borrower shall have paid (a) ---------------------------- to the Prior Lenders all interest, fees and other amounts which are due pursuant to the Prior Credit Agreement and (b) all fees required to be paid to the Agents and the Lenders on the Closing Date.
Payment of Fees and Interest. The Borrowers shall have paid (a) to the Original Lenders all interest, fees and other amounts which are due pursuant to the Original Credit Agreement, (b) all fees required to be paid to the Agents and the Lenders on the Effective Date, and (c) all Indebtedness owing by any of the entities to be acquired in connection with the Wheelabrator Acquisition which is not permitted by (S)10.1 hereof.
Payment of Fees and Interest. The Initial Lender shall have received evidence of payment of any fees of any Advisor required to be paid on or prior to the Closing Date pursuant to the terms of this Agreement or the Other Loan Documents. Interest payable to BNP Paribas as previously agreed in writing with the Company shall have been paid on the Closing Date.
Payment of Fees and Interest. The Borrowers shall have paid (a) to ------- -- ---- --- -------- FNBB and First Interstate all interest, fees and other amounts which are due pursuant to the Original Credit Agreement, and (b) all fees required to be paid to the Agents and the Lenders on the Effective Date.
Payment of Fees and Interest. All amounts invoiced by the Corporation to the Participating Service Providers under this Agreement shall be due and payable within thirty (30) days of the invoice date. Without restricting any other right or remedy of the Parties hereunder, any Participating Service Provider payment which is not paid by the Participating Service Provider and becomes overdue and payable shall bear interest, calculated monthly, at the Prime Rate plus three percent (3%) annually, effective on the first date after which payment was due.
