Sixth Amendment Fee Sample Clauses
Sixth Amendment Fee. A fully earned and non-refundable sixth amendment fee in the amount of Fifty Thousand Dollars ($50,000.00), which shall become due and payable upon the earlier of: (i) the Maturity Date, (ii) the acceleration of any Term Loan, or (iii) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d).
Sixth Amendment Fee. In consideration of the Lenders’ agreement to amend certain provisions of the Credit Agreement, the Borrowers agree to pay to the Administrative Agent, for the ratable benefit of each Lender, a fee in the amount equal to 5.0 basis points times the aggregate Total Revolver Commitments (the “Sixth Amendment Fee”), which Sixth Amendment Fee shall be fully earned and due and payable in full in cash on the date of this Amendment. Once paid, the Sixth Amendment Fee shall not be refundable for any reason whatsoever.
Sixth Amendment Fee. The Borrower shall pay to the Administrative Agent, for the account of each Lender, on the Termination Date an amendment fee for the Sixth Amendment equal to $350,000 which shall be fully earned on the Sixth Amendment Effective Date.
Sixth Amendment Fee. Borrower shall pay to Agent, for the ratable benefit of the Lenders based on their respective Pro Rata Shares, a fee equal to $95,000 (the "Sixth Amendment Fee") which shall be fully earned and due and payable on the date hereof.
Sixth Amendment Fee. In addition to the other fees described in the Credit Agreement for which the Borrower is obligated to pay to Wxxxx Fargo, in consideration of Wxxxx Fargo’s entering into this Sixth Amendment, the Borrower shall pay to Wxxxx Fargo a fee (the “Sixth Amendment Fee”) in the amount of Twelve Thousand Five Hundred and 00/100 Dollars ($12,500) simultaneous with the execution and delivery of this Sixth Amendment to Wxxxx Fargo, which Sixth Amendment Fee shall be fully and irrevocably earned by Wxxxx Fargo as of such date, and is non-refundable to the Borrower.
Sixth Amendment Fee. On the Sixth Amendment Effective Date, the Company shall have paid, to each Requisite Lender that has executed and delivered this Sixth Amendment prior to 5 p.m. (New York time) on June 12, 2003 (collectively the "Signing Lenders"), an amendment fee equal to such Requisite Lender's pro rata share of $312,500 based on such Requisite Lender's outstanding Commitments as of the Sixth Amendment Effective Date divided by the outstanding Commitments of all Signing Lenders.
Sixth Amendment Fee. The Borrower agrees to pay each of the Banks a Sixth Amendment Fee in the amount of Two-Thousand Five-Hundred and 00/100 Dollars ($2,500.00).
Sixth Amendment Fee. Notwithstanding anything in the Sixth Amendment to the contrary, the amendment fee described in the Sixth Amendment (the "Sixth Amendment Fee") shall be due and payable as set forth in this Section 6. The Sixth Amendment Fee shall be equal to the product of (a) 0.20% multiplied by (b) an amount equal to the sum of (i) such Lender's portion of the Revolving Credit Commitment plus (ii) the aggregate principal amount of the Term B Loan and the Term C Loan owed to such Lender, after the application of the proceeds of the Divestiture to the Loans. The Sixth Amendment Fee shall be payable from the proceeds of the Divestiture on the closing date of the Divestiture if such closing occurs on or prior to December 31, 2003; provided that if the closing of the Divestiture does not occur prior to December 31, 2003, such fee shall in any event be due and payable on the earlier of December 31, 2003, and the date upon which the Lenders shall have received payment in full of the Obligations and termination of the Commitments including outstanding letters of credit, and in such event, notwithstanding anything herein to the contrary, such Sixth Amendment Fee shall be equal to the product of (a) 0.20% multiplied by (b) an amount equal to the sum of (i) such Lender's portion of the Revolving Credit Commitment plus (ii) the aggregate principal amount of the Term B Loan and the Term C Loan owed to such Lender on the date of payment of such Sixth Amendment Fee.
Sixth Amendment Fee. Borrower shall pay to Lender a Sixth Amendment Fee in consideration of Lender's agreement to the terms of the Sixth Amendment (including without limitation the waiver included therein), in the amount of $50,000 on the effective date of the Sixth Amendment, plus, if any of the Loan Obligations are outstanding as of each such date, the following additional amounts on the following dates: February 9, 2007 $25,000 February 16, 2007 $25,000 February 23, 2007 $25,000 February 28, 2007 $25,000
(c) Section 14.16 (Review of Accounts) of the Loan Agreement is hereby amended by adding the following sentence to the end thereof: "In addition, Borrower shall deliver to Lender by no later than the last Business Day of the following week a weekly aging report with respect to all of its domestic and foreign Accounts as of the last Business Day of the prior week."
(d) Article 14 of the Loan Agreement is hereby amended by adding a new Section 14.26 to read as follows:
Sixth Amendment Fee. On the Sixth Amendment Effective Date, Borrowers shall pay Lender a fee in the amount of $50,000 which shall be deemed fully earned on the Sixth Amendment Effective Date. To the extent the obligation of the Lender to make Loans and to use its best efforts to cause Letters of Credit to be issued is not terminated and the Obligations are not paid in full by December 31, 2004, Borrowers shall pay the Lender on the first day of each month commencing on January 1, 2005 and ending the date all of the Obligations, including all amounts required for Collateralization of Letters of Credit shall be paid in full and the Lender's commitments to make Loans under this Agreement shall have been terminated, a fee in the amount of $10,000.