RBC Fee. At Closing, Company and/or Parent shall pay to RBC Capital Markets (“RBC”) an investment banking fee in the amount of $977,500 (the “RBC Fee”) in accordance with instructions delivered to Company and/or Parent by RBC.
RBC Fee. If a RBC Event occurs or has occurred and is continuing, then, in addition to the interest accruing on the Notes, the Company agrees to pay to each Holder and in addition to any increase in such rate of interest that may result from the provisions of paragraph 5R(3), a fee (the “RBC Fee”) on the daily average outstanding principal amount of such Note during the continuance of such RBC Event at a rate per annum equal to 0.75%. The RBC Fee with respect to each Note shall be calculated on the same basis as interest on such Note is calculated and shall be paid in arrears on each day upon which interest for any period is due on such Note if a RBC Event continued for any part of such period; provided, however, that any portion of the RBC Fee relating to any period prior to the time the Company first received notice of the occurrence of a RBC Event that would otherwise have been payable on a prior interest payment date or dates shall be payable within five (5) Business Days after the Company receives notice of the occurrence of such RBC Event. Notwithstanding the foregoing, any Excess Leverage Fee paid with respect to any period of any fiscal quarter with respect to which a RBC Fee is payable shall be deducted from the amount of such RBC Fee payable with respect thereto. The receipt by the Holders of any RBC Fee shall not constitute a waiver of any Default or Event of Default. The holders shall use their reasonable efforts to provide notice to the Company once they have knowledge that a RBC Event is no longer continuing.
RBC Fee. If an RBC Event occurs or has occurred and is continuing, then, in addition to the interest accruing on the Shelf Notes, the Company agrees to pay each holder of a Shelf Note a fee (the “RBC Fee”) on the daily average outstanding principal amount of such Shelf Note during the continuance of such RBC Event at a rate per annum equal to 1.00%. The RBC Fee with respect to each Shelf Note shall be calculated on the same basis as interest on such Shelf Note is calculated and shall be paid in arrears on each day upon which interest is due on such Shelf Note during continuance of an RBC Event. The payment of any RBC Fee shall not constitute a waiver of any Default or Event of Default.
RBC Fee. On and after the date that is one year after the Amendment No. 6 Effective Date, in addition to the interest accruing on the Notes, the Company agrees to pay to each holder of a Note a fee (the “RBC Fee”) on the daily average outstanding principal amount of such Note at a rate per annum equal to 1.00%; provided however that no RBC Fee shall accrue during any period when an RBC Reduction Event has occurred and is continuing. The RBC Fee with respect to each Note shall be calculated on the same basis as interest on such Note is calculated and shall be paid in arrears on each day upon which interest is due on such Note. The payment of any RBC Fee shall not constitute a waiver of any Default or Event of Default.”
