First Amendment Fee definition

First Amendment Fee has the meaning set forth in Section 2.11(d).

First Amendment Fee is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to Two Thousand Five Hundred Dollars ($2,500), payable to Lenders in accordance with their respective Pro Rata Shares.

First Amendment Fee means, with respect to each Increasing Lender’s Commitment provided as of the First Amendment Date, [Redacted – Commercially Sensitive Information] of the principal amount of such Commitment.

Examples of First Amendment Fee in a sentence

• The First Amendment Fee Letter to be executed in connection with this First Amendment.

• Agent shall have received payment from the Loan Parties of all amounts due under the First Amendment Fee Letter.

• The Borrower shall have paid all documented or invoiced fees, costs and expenses due and payable on or prior to the First Amendment Effective Date under the Note Purchase Agreement and the other Note Documents (including the First Amendment Fee Letter).

• The Borrower shall pay to the Administrative Agent and the Lenders the fees and original issue discount in the Fee Letter, the First Amendment Fee Letter and the Fourth Amendment Fee Letter, in the amounts and at the times specified in the Fee Letter, the First Amendment Fee Letter and the Fourth Amendment Fee Letter.

• Native speakers of English, thus, are able to distinguish final [p] and[b] or [t] and [d].

More Definitions of First Amendment Fee

First Amendment Fee has the meaning set forth in Section 4.01(e). ARTICLE II

First Amendment Fee is defined in Section 2.5(e).

First Amendment Fee. Letter”): 1.

First Amendment Fee means a fee in the amount of $7,682.00 payable by Borrower to Lender as a condition of Lender's entering into the First Amendment as of the First Amendment Effective Date.

First Amendment Fee. Second Installment”), and (c) a fee in an amount equal to 1.50% times the Total Outstandings on March 31, 2012, which fee shall be fully earned on March 31, 2012 and shall be due and payable upon the earlier of (x) the Maturity Date and (y) the date that all other Obligations are paid in full in cash and the Commitments are terminated (“First Amendment Fee – Third Installment”); provided that, in the event of the acceleration of the Obligations, the First Amendment Fee – Second Installment and First Amendment Fee – Third Installment shall be immediately due and payable and, to the extent the date specified in clause (b) and/or clause (c) of this Section 5 upon which such fees shall be fully earned shall not have then occurred, such date specified in clause (b) and/or clause (c) of this Section 5 shall be deemed to be the date of the acceleration of the Obligations and the First Amendment Fee – Second Installment and First Amendment Fee – Third Installment, as applicable, shall be based on the amount of the Total Outstandings on such date of acceleration.

First Amendment Fee means the amendment fee of $1,800,000, previously earned by the Lenders, as provided in Subpart 4.1.4 of the First Amendment Agreement, of which two installment payments of $450,000 each were deferred under the First Amendment Agreement until May 2, 1998 and August 1, 1998.

First Amendment Fee. A new Section 8.2.23 (First Amendment Fee) is hereby added to Section 8 of the Credit Agreement, immediately following the text of new Section 8.2.22, to read as follows: "The Borrower shall pay to the Agent for the benefit of the banks a fee in the amount of $250,000 on or before 12:00 pm (Noon) on January 4, 1999."