Seventh Amendment Consent Fee Sample Clauses
Seventh Amendment Consent Fee. Without duplication of the obligations set forth in any applicable fee letter, as consideration for the Seventh Amendment Consenting Lenders providing their consent to the Seventh Amendment, the Borrower shall pay to the Administrative Agent, for the account of each Seventh Amendment Consenting Lender, a consent fee (the “Consent Fee”) in an amount equal to 37.5 basis points multiplied by the aggregate amount of such Seventh Amendment Consenting Lender’s Initial Term Loans and Revolving Credit Commitments as of the Seventh Amendment Effective Date. The Consent Fee shall be due and payable in full on the earlier of (i) the repayment in full of the Initial Term Loans outstanding on the Seventh Amendment Effective Date, (ii) the termination or other refinancing of the Revolving Credit Commitments, (iii) the Maturity Date for the Initial Term Loans and (iv) the issuance by the Borrower and/or any of its Subsidiaries of Indebtedness and/or Equity Issuances (excluding any conversion or exchange of Convertible Debt into equity interests) in an aggregate amount of $15,000,000 or greater after (and not on or prior to) the Seventh Amendment Effective Date.
Seventh Amendment Consent Fee. The Borrower shall pay to each Lender a consent fee (the “Seventh Amendment Consent Fee”) at such times and in the manner set forth in the Seventh Amendment Fee Letter. For the avoidance of doubt, the Seventh Amendment Consent Fee shall be nonrefundable and fully earned on the Seventh Amendment Effective Date.
