Common use of Periodic Commitment Fee Clause in Contracts

Periodic Commitment Fee. (a) Commencing March 31, 2010, Seller shall pay to Pur- chaser quarterly, on the last day of March, June, September and December of each calendar year (each a “Periodic Fee Date”), a periodic commitment fee (the “Periodic Commitment Fee”). The Periodic Commitment Fee shall accrue from January 1, 2010.

Appears in 6 contracts

Samples: Senior Preferred Stock Purchase Agreement, Senior Preferred Stock Purchase Agreement, Senior Preferred Stock Purchase Agreement

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