Examples of Cash Commitment Fee in a sentence
In partial consideration for the Investor’s execution and delivery of this Agreement, the Company shall pay to the Investor the Cash Commitment Fee in the manner, at such time and otherwise as set forth in this Section 10.1(ii)(b).
In consideration of for the Investor’s execution and delivery of this Agreement, the Company agrees to pay to the Investor a Commitment Fee of 2.0% of the Aggregate Commitment Amount, in the form of the Cash Commitment Fee and the Commitment Shares.
For the avoidance of doubt, the entire amount of the Cash Commitment Fee shall be fully earned by the Investor and shall be non-refundable as of the Closing Date, regardless of whether the Commencement shall have occurred, any VWAP Purchases or Intraday VWAP Purchases are effected by the Company or settled hereunder or any subsequent termination of this Agreement.
For the avoidance of doubt, the Cash Commitment Fee shall be fully earned by the Investor as of the Closing Date and shall be non-refundable as of the date such Cash Commitment Fee is paid to the Investor as set forth in Section 10.1(ii)(b), regardless of whether any additional VWAP Purchases or Intraday VWAP Purchases are made or settled hereunder or any subsequent termination of this Agreement.
In partial consideration for the Investor’s execution and delivery of this Agreement, concurrently with the execution and delivery of this Agreement on the Closing Date, the Company shall pay to the Investor the Cash Commitment Fee by wire transfer of immediately available funds to an account designated by the Investor on or prior to the date of this Agreement.
In consideration of for the Investor’s execution and delivery of this Agreement, the Company agrees to pay to the Investor a Commitment Fee of 1.75% of the Aggregate Commitment Amount, in the form of the Cash Commitment Fee and the Commitment Shares.
In the event the Company elects to exercise the Extended Commitment Option, the Original Cash Commitment Fee as well as any and all Additional Commitment Fees, shall be payable on the earliest to occur of (a) 15 days following the final expiration of the commitment made hereby, (b) the consummation of the IPO or (c) the date any of the Senior Subordinated Notes are issued.
The Company shall pay the Lender a cash commitment -8- fee of 3.5% of the aggregate principal amount of the Senior Subordinated Notes committed to be purchased (the "Original Cash Commitment Fee") by CIBC as set forth on the signature page hereof.
In addition to the issuance of the Commitment Shares pursuant to and in accordance with Section 10.1(ii)(a) above, and in further consideration for the Investor’s execution and delivery of this Agreement, the Company shall pay the Cash Commitment Fee to the Investor by wire transfer of immediately available funds to an account designated by the Investor on or prior to the date of this Agreement.
Parent has heretofore paid to the Lenders a cash commitment fee (the "Cash Commitment Fee") in an amount equal to $200,000.00.