Preconditions. As preconditions to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to provide the Agent with the following: (1) This Agreement and the Guarantor’s Ratification, properly executed, (2) a waiver fee in the amount of $15,000, and (3) Lender’s counsel’s fees.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Berliner Communications Inc)
Preconditions. As preconditions a precondition to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to to:
(A) provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratificationthis Agreement, properly executed, ;
(2B) a waiver pay to the Agent an amendment fee in the amount of $15,000; and
(C) pay, promptly upon presentation of an invoice therefor, all other fees and (3) Lender’s counsel’s feescosts incurred by the Lenders in entering into this Agreement, including, but not limited to, all reasonable legal fees incurred by the Agent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)
Preconditions. As preconditions to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratification, properly executed, (2) a waiver fee in the amount of $15,00010,000, and (3) Lender’s counsel’s fees.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Berliner Communications Inc)
Preconditions. As preconditions a precondition to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to to:
(A) provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratificationthis Agreement, properly executed; and
(B) pay, (2) a waiver fee promptly upon presentation of an invoice therefor, all other fees and costs incurred by the Lenders in entering into this Agreement, including, but not limited to, all reasonable legal fees incurred by the amount of $15,000, and (3) Lender’s counsel’s feesAgent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)
Preconditions. As preconditions a precondition to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to to:
(A) provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratificationthis Agreement, properly executed, ;
(2B) a waiver pay to the Agent an amendment fee in the amount of $15,0003,000; and
(C) pay, promptly upon presentation of an invoice therefor, all other fees and (3) Lender’s counsel’s feescosts incurred by the Lenders in entering into this Agreement, including, but not limited to, all reasonable legal fees incurred by the Agent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)
Preconditions. As preconditions a precondition to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to to:
(A) provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratificationthis Agreement, properly executed;
(B) provide the Agent with secretary’s certificates and resolutions, in form and substance acceptable to the Agent, which approves the modification contemplated hereby;
(2C) a waiver pay to the Agent an amendment fee in the amount of $15,0005,000; and
(D) pay, promptly upon presentation of an invoice therefor, all other fees and (3) Lender’s counsel’s feescosts incurred by the Lenders in entering into this Agreement, including, but not limited to, all reasonable legal fees incurred by the Agent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)
Preconditions. As preconditions a precondition to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to to:
(A) provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratificationthis Agreement, properly executed;
(B) provide the Agent with secretary’s certificates and resolutions, in form and substance acceptable to the Agent, which approves the modification contemplated hereby;
(2C) a waiver pay to the Agent an amendment fee in the amount of $15,00020,000; and
(D) pay, promptly upon presentation of an invoice therefor, all other fees and (3) Lender’s counsel’s feescosts incurred by the Lenders in entering into this Agreement, including, but not limited to, all reasonable legal fees incurred by the Agent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)
Preconditions. As preconditions a precondition to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to to:
(A) provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratificationthis Agreement, properly executed, ;
(2B) a waiver pay to the Agent an amendment fee in the amount of $15,0005,000; and
(C) pay, promptly upon presentation of an invoice therefor, all other fees and (3) Lender’s counsel’s feescosts incurred by the Lenders in entering into this Agreement, including, but not limited to, all reasonable legal fees incurred by the Agent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)
Preconditions. As preconditions a precondition to the effectiveness of any of the modifications, consents, or waivers contained herein, the Borrower agrees to to:
(A) provide the Agent with the following:
(1) This Agreement and the Guarantor’s Ratificationthis Agreement, properly executed;
(B) provide the Agent with revised schedules to the Loan Agreement;
(C) provide the Agent with secretary’s certificates and resolutions, in form and substance acceptable to the Agent, which approves the modification contemplated hereby;
(2D) a waiver pay to the Agent an amendment fee in the amount of $15,00037,500; and
(E) pay all other fees and costs incurred by the Lenders in entering into this Agreement, and (3) Lender’s counsel’s feesincluding, but not limited to, all reasonable legal fees incurred by the Agent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)