Treatment of Fees. The parties hereto agree that all fees due and payable by the Borrower under this Agreement, including, without limitation, pursuant to Article III hereof, shall be deemed to be and shall be treated as interest in respect of the outstanding principal amount of the Loan; provided, however, that nothing in this Section 12.12 shall in any way modify or reduce the obligations of the Borrower under Sections 2.2 or 3.2 of this Agreement.
Appears in 6 contracts
Samples: Loan and Security Agreement (Katapult Holdings, Inc.), Loan and Security Agreement (Katapult Holdings, Inc.), Loan and Security Agreement (Katapult Holdings, Inc.)
Treatment of Fees. The parties hereto agree that all fees due and payable by the Borrower under this Agreement, including, without limitation, pursuant to Article III Sections 2.4 and 2.5 hereof, shall be deemed to be and shall be treated as interest in respect of the outstanding principal amount of the Loan; provided, however, that nothing in this Section 12.12 11.24 shall in any way modify or reduce the obligations of the Borrower under Sections 2.2 or 3.2 Section 2.3 of this Agreement.β
Appears in 1 contract
Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)
Treatment of Fees. The parties hereto agree that all fees due and payable by the Borrower under this Agreement, including, without limitation, pursuant to Article III hereof, shall be deemed to be and shall be treated as interest in respect of the outstanding principal amount of the Loan; provided, however, that nothing in this Section 12.12 shall in any way modify or reduce the obligations of the Borrower under Sections 2.2 or 3.2 of this Agreement.. 80
Appears in 1 contract
Samples: Loan and Security Agreement (Katapult Holdings, Inc.)
Treatment of Fees. The parties hereto agree that all award, entitlements and fees due and payable by the Borrower under this Agreement, including, without limitation, pursuant to Article III Sections 3.2, 3.3, 3.4, 3.6 and 3.7 hereof, shall be deemed to be and shall be treated as interest in respect of the outstanding principal amount of the Loan; provided, however, that nothing in this Section 12.12 shall in any way modify or reduce the obligations of the Borrower under Sections 2.2 or 3.2 of this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (CURO Group Holdings Corp.)
Treatment of Fees. The parties hereto agree that all fees due and payable by the Borrower under this Agreement, including, without limitation, pursuant to Article III Sections 2.3 and 2.5 hereof, shall be deemed to be and shall be treated as interest in respect of the outstanding principal amount of the Loan; provided, however, that nothing in this Section 12.12 10.20 shall in any way modify or reduce the obligations of the Borrower under Sections 2.2 or 3.2 Section 2.2(f) of this Agreement.
Appears in 1 contract
Samples: Inventory Loan and Security Agreement (Silverleaf Resorts Inc)
Treatment of Fees. The parties hereto agree that all fees due and payable by the Borrower under this Agreement, including, without limitation, pursuant to Article III Sections 2.5 and 2.7 hereof, shall be deemed to be and shall be treated as interest in respect of the outstanding principal amount of the Loan; provided, however, that nothing in this Section 12.12 10.20 shall in any way modify or reduce the obligations of the Borrower under Sections 2.2 or 3.2 Section 2.2(f) of this Agreement.. AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT
Appears in 1 contract
Samples: Inventory Loan and Security Agreement (Silverleaf Resorts Inc)
