Continuation Fee definition

Continuation Fee has the meaning specified in Section 2.11(c).
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Continuation Fee means a fee due and payable only if the Credit Party Obligations have not been paid in full on or before March 31, 1999, which fee shall equal (a) 0.25% of the Credit Exposure on the Fee Determination Date that occurs on March 31, 1999, plus (b) 0.50% of the Credit Exposure on each ---- subsequent Fee Determination Date, which Continuation Fee shall be earned and payable on each Fee Determination Date, but payment shall be deferred until the date upon which the Credit Party Obligations are paid in full, or at final maturity of the Credit Party Obligations, whichever first occurs. As used herein, "Fee Determination Date" shall mean the last day of each fiscal quarter of Holding, commencing March 31, 1999.
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Continuation Fee means a Seventy-Five Million Dollar ($75,000,000) fee to be paid in accordance with Section 4.1.2(a) in the event that Gilead delivers a Continuation Notice.
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Examples of Continuation Fee in a sentence

  • In the event that Owner terminates this Agreement pursuant to Section 19.5(b) and fails to pay the License Continuation Fee, if any, by the date such License Continuation Fee is due pursuant to Section 19.5(c)(ii), then the foregoing license shall immediately cease and terminate.

  • In the event Owner terminates the Agreement pursuant to Section 19.5(b) and Owner fails to pay the License Continuation Fee identified in Section 19.5(c)(ii), then the warranty obligations contained in Sections 12.4(b), (c), (d) and (f) shall immediately cease and terminate.

  • If Galderma has not paid the Continuation Fee on or before March 31, 2011, then NovaBay may terminate this Agreement on notice to Galderma referencing this Section 12.4.

  • The payments set forth in this Section 8.4 shall each be due and payable to NovaBay upon the later of (i) payment of the Continuation Fee, and (ii) thirty (30) days of the achievement (or deemed achievement) of the corresponding Milestone Event set forth above.

  • Appendix D: UPDATED: UPDATED FINANCIAL TERMS (in US$) Lower Limit Upper Limit Continuation Fee* [*********] [*********] Section 8.01.

  • After the completion of the Acne POC but prior to the payment of the Continuation Fee upon thirty (30) days’ written notice to NovaBay referencing this Section 12.2.2, if Galderma reasonably determines that the results of the Acne POC do not warrant further Development of an Acne Product, which notice shall include the rational and results from the Acne POC upon which such determination was made.

  • Restructuring Fee: 1% of total outstanding principal payable at Closing Continuation Fee: 1% of total outstanding principal payable on the first anniversary of the Closing and 0.75% of total outstanding principal payable annually commencing on the second anniversary of the Closing.

  • In consideration of the Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Continuation Fee"), which shall be earned, due and payable on the last day of each fiscal quarter of the Borrower if the Borrower's Obligations have not been repaid in full and cancellation of all Commitments has not occurred during such fiscal quarter, beginning on the last day of the fourth fiscal quarter in the year 1999.

  • The Liquidity Loan Continuation Fee shall be allocated pro rata among the Lenders in accordance with their respective Liquidity Loan Commitment Percentages determined as of the day of the Borrower's election of a Liquidity Loan Extension Period.

  • Once the Product is on the market the Continuation Fee will be eliminated.


More Definitions of Continuation Fee

Continuation Fee means a continuation fee for the purposes of paragraph 142 (2) (d) of the Act;
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Continuation Fee as defined in Section 2.09.
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Continuation Fee shall have the meaning assigned to such term in Section 3.5(e).
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Related to Continuation Fee

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Extension Fee means the fee payable to the Trustee on each occasion the Manager, upon a Participating Dealer’s request, grants the Participation Dealer an extended settlement in respect of a Creation Application or Redemption Application.

  • Continuation Notice as defined in Section 2.17(a).

  • Continuation Period shall have the meaning set forth in Section 6.9(a).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Continuation and “Continued” each refers to the continuation of a LIBOR Loan from one Interest Period to another Interest Period pursuant to Section 2.9.

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).