Examples of Competitive Bid Fee in a sentence
The Borrower may solicit Competitive Bids by delivery of a Competitive Bid Request, together with the Competitive Bid Fee, to the Agent not later than 9:00 a.m., Pittsburgh, Pennsylvania, time, four (4) Business Days prior to the requested borrowing of Competitive Bid Loan.
A Competitive Bid Request must be substantially in the form of Exhibit 2.4(b) and shall specify (i) the date of the requested Competitive Bid Loan (which shall be a Business Day), (ii) the amount of the requested Competitive Bid Loan and (iii) the applicable Interest Period or Interest Periods requested and be accompanied by the Competitive Bid Fee.
A Competitive Bid Request must be substantially in the form of Exhibit 2.5(b) and shall specify (i) the date of the requested Competitive Bid Loan (which shall be a Business Day), (ii) the amount of the requested Competitive Bid Loan and (iii) the applicable Interest Period or Interest Periods requested and be accompanied by the Competitive Bid Fee.
Borrower shall pay to Agent (for its own account) a Competitive Bid Fee of $2,500 for each Competitive Bid Quote Request; provided, however, that no fee shall be due if none of the Lenders respond to the Invitation to Competitive Bid Quote (but such Competitive Bid Quote Request shall nevertheless count towards the two per month allotment).
A Competitive Bid Request must be substantially in the form of Exhibit 2.1(b) and shall specify (A) the date of the requested Competitive Bid Loan (which shall be a Business Day), (B) the amount of the requested Competitive Bid Loan and (C) the applicable Interest Period or Interest Periods requested and must be accompanied by the Competitive Bid Fee.
Agent agrees to waive the Competitive Bid Fee (but not more than once per month) if Borrower chooses not to accept any Competitive Bid Quotes.
The Borrower hereby agrees to pay to the Agent for its sole account administration fees for Competitive Bid Quote Requests in such amounts as heretofore agreed upon by the Borrower and the Agent in a fee letter dated December 24, 1997, as amended from time to time (the "Competitive Bid Fee Letter").
A Competitive Bid Request must be substantially in the form of Exhibit 2.1(b) and shall specify (A) the date of the -------------- requested Competitive Bid Loan (which shall be a Business Day), (B) the amount of the requested Competitive Bid Loan and (C) the applicable Interest Period or Interest Periods requested and must be accompanied by the Competitive Bid Fee.