Examples of Administrative Agent Fee in a sentence
The proceeds of the first advance of Term Loan shall be disbursed as follows: Term Loan $ 210,000.00 Less: Administrative Agent Fee to be remitted to Agile Capital Funding, LLC $ (10,000.00 ) TOTAL TERM LOAN NET PROCEEDS TO BORROWER $ 200,000.00 The aggregate net proceeds of the Term Loan shall be transferred to the Designated Deposit Account as follows: BORROWER: BLUE STAR FOODS CORP.
The Administrative Agent Fee of TEN THOUSAND DOLLARS ($10,000.00),which shall be paid at closing out of proceeds of the Term Loan for the account of Collateral Agent.
The Borrower agrees to pay to the Administrative Agent, for its own account, fees payable in the amounts and at the times as set forth in the Administrative Agent Fee Letter dated March 28, 2022 between the Borrower and the Administrative Agent.
The Borrower agrees to pay to the Administrative Agent, for its own account, fees payable in the amounts and at the times as set forth in the Administrative Agent Fee Letter dated June 2, 2022 between the Borrower and the Administrative Agent.
At least two (2) Business Days prior to each Interest Payment Date, the Administrative Agent shall deliver an invoice to the Servicer, the Collateral Agent and the Collateral Administrator in respect of the interest and Administrative Agent Fee due on such Interest Payment Date.