Common use of WARRANTS AS ADDITIONAL COMPENSATION Clause in Contracts

WARRANTS AS ADDITIONAL COMPENSATION. The Warrants (and the grant thereof hereunder) are additional compensation for the cost, expense and risk incurred by Lender (and/or its Affiliates) associated with the underwriting and establishment of the loan credit facilities provided for in the Credit Agreement, but neither the grant nor the exercise of any Warrants in any way affects or relieves Company, Borrowers (or any Affiliate thereof) of any of its obligations to fully and timely perform and to fully and timely repay the entire indebtedness due under the Credit Agreement and related Loan Documents.

Appears in 3 contracts

Samples: Warrant Agreement (Bizness Online Com), Warrant Agreement (Bizness Online Com), Warrant Agreement (Bizness Online Com)

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WARRANTS AS ADDITIONAL COMPENSATION. The Warrants (and the grant thereof hereunder) are additional compensation for the cost, expense and risk incurred by Lender (and/or its Affiliates) associated with the underwriting and establishment of the loan credit facilities to be provided for in the Credit Agreement, but neither the grant nor the exercise of any Warrants in any way affects or relieves Company, Borrowers (or any Affiliate thereof) of any of its obligations to fully and timely perform and to fully and timely repay the entire indebtedness due under the Credit Agreement and related Loan Documents.

Appears in 2 contracts

Samples: Warrant Agreement (MCG Finance Corp), Warrant Agreement (Bizness Online Com)

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WARRANTS AS ADDITIONAL COMPENSATION. The Warrants (and the grant thereof hereunder) are additional compensation for the cost, expense and risk incurred by Lender (and/or its Affiliates) associated with the underwriting and establishment of the loan credit facilities to be provided for in the Credit Agreement, but neither the grant nor the exercise of any Warrants in any way affects or relieves Company, Borrowers Company (or any Affiliate thereof) of any of its obligations to fully and timely perform and to fully and timely repay the entire indebtedness due under the Credit Agreement and related Loan Documents.

Appears in 2 contracts

Samples: Warrant Agreement (Talk Com), Warrant Agreement (Startec Global Communications Corp)

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