Examples of Engagement and Fee Letter in a sentence
The Additional Initial Term Loan Arranger and the Additional Commitment Lenders shall have received all fees and other amounts due and payable to them on or prior to the Fifth Amendment Effective Date pursuant to this Amendment and the Incremental Engagement and Fee Letter in the amounts and at the times so specified.
The Incremental B-1 Term Loan Arranger and Incremental B-1 Term Loan Lenders shall have received all fees and other amounts due and payable to them on or prior to the Fourth Amendment Effective Date pursuant to this Amendment and the Incremental Engagement and Fee Letter in the amounts and at the times so specified.
Unless otherwise agreed to in writing by the parties hereto, this Engagement and Fee Letter shall terminate upon the later to occur of (i) four (4) months after the date hereof, or (ii) in the event any Transaction is entered into that requires subsequent purchases by any Investor, the date on which the last purchase of any Transaction occurs (collectively, the “Term”).
The Company further acknowledges and agrees that CCCM has been retained solely to provide the services set forth in this Engagement and Fee Letter and that no fiduciary or agency relationship between the Company and CCCM has been created in respect of CCCM’s engagement hereunder, regardless of whether CCCM has advised or is advising the Company on other matters.
The Borrower hereby agrees to pay or reimburse the Administrative Agent for its reasonable and documented out-of-pocket costs and expenses incurred in connection with this Second Amendment in accordance with, and to the extent required by, the terms and conditions of Section 9.03 of the Amended Credit Agreement and/or the Second Amendment Engagement and Fee Letter.
In consideration of Bank of America’s and BASMLPFSI’s arrangement of the credit facility referenced herein, U.S. Borrowers shall be jointly and severally obligated to pay Bank of America and BASMLPFSI an arrangement fee as provided in the Engagement and Fee Letter.
The Vendor and/or the Company must pay, or reimburse the Underwriter for all costs, charges and expenses as set out in the Engagement and Fee Letter.
Only the consent of the parties to the Fee Letter, the Engagement and Fee Letter, the GE Amendment No. 1 Fee Letter, the Xxxxx Amendment No. 1 Fee Letter or any agreement relating to a Bank Product shall be required for any modification of such agreement, and no Affiliate or branch of a Lender that is party to a Bank Product agreement shall have any other right to consent to or participate in any manner in modification of any other Credit Document.
Upon any termination of this Engagement and Fee Letter, the obligations of the parties hereunder shall terminate, except for their obligations under Section 4 (with respect to confidentiality), this Section 8 and Sections 3, 6, 7, 9, 10 and 11.
As consideration for CCCM’s agreement to perform the services described in this Engagement and Fee Letter, the Company agrees to pay to CCCM a cash fee equal to 3% of the aggregate consideration paid or payable for any securities sold to Aspire in any Transaction or any tranches of any Transaction.