Administrative Agent Fee definition

Administrative Agent Fee has the meaning set forth in the Administrative Agent Fee Letter.

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Administrative Agent Fee shall have the meaning assigned to such term in Section 2.05(b).

Administrative Agent Fee means the fee payable to the Administrative Agent in arrears on each Quarterly Payment Date, equal to $5,000 per Quarterly Payment Date.

Examples of Administrative Agent Fee in a sentence

• The Administrative Agent Fee of FIFTY THOUSAND DOLLARS ($50,000.00, which shall be paid at closing out of proceeds of the Term Loan for the account of Collateral Agent.

• The Borrowers shall have paid all fees and expenses payable on or before the Closing Date as required by this Agreement, the Administrative Agent Fee Letter or any other Loan Document.

• 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 as of the Effective Date between the Borrower and the Administrative Agent.

• The Administrative Agent Fee of TWENTY THOUSAND DOLLARS ($20,000.00 ),which shall be paid at closing out of proceeds of the Term Loan for the account of Collateral Agent.

• The Borrowers shall pay to the Administrative Agent a nonrefundable fee (the “Administrative Agent’s Fee”) under the terms of the Administrative Agent Fee Letter, as amended from time to time.

More Definitions of Administrative Agent Fee

Administrative Agent Fee means the fee payable to the Administrative Agent on an annual basis in accordance with the Priority of Payments in an amount specified in the Administrative Agent Fee Letter; provided, that such fee shall (i) first, be paid on the Closing Date, (ii) next, on the first Quarterly Payment Date that occurs after the first anniversary of the Closing Date and (iii) thereafter, annually commencing on the applicable Quarterly Payment Date that is one year after the Quarterly Payment Date in clause (ii) of this proviso.

Administrative Agent Fee shall have the meaning assigned to such term in the Fee Letter.

Administrative Agent Fee. This term shall have the meaning set forth in the Administration Agreement, as such agreement may be amended, modified and restated from time to time in accordance with its terms.

Administrative Agent Fee. As defined in Section 3.10.

Administrative Agent Fee shall have the meaning set forth in the related Fee Letter; provided that the Administrative Agent Fee shall not be greater than 0.10% of the Facility Limit per annum.

Administrative Agent Fee means an annual fee payable to the Administrative Agent equal to $200,000.00, payable in equal quarterly installments, in advance.

Administrative Agent Fee has the meaning set forth in Section 3.05.