First Extension Fee definition

First Extension Fee shall have the meaning provided in Section 4.1(d).

First Extension Fee shall have the meaning given such term in Section 1.4(2) of the Credit Agreement.

First Extension Fee has the meaning specified in Section 5.02.

Examples of First Extension Fee in a sentence

• Canoe will pay to the Company, in addition to the Balance, a fee of 5% of the Balance amount outstanding as at November 21, 2012 (the “First Extension Fee”), of which a deposit of $21,000 (received) will be paid towards the First Extension Fee and the balance of such First Extension Fee will be due and payable by Canoe within five Business Days of November 21, 2012.

• Further, Sellers agree that if CRN has paid the First Extension Fee and the Second Extension Fee, and all of the conditions to CRN's obligations to close have been fulfilled, Sellers will grant no further extensions of the closing date under the CRN Agreement beyond November 5, 1998, and will terminate the CRN Agreement if all the conditions to CRN's obligations to close have been fulfilled.

• Buyer further acknowledges that the CRN Agreement is in full force and effect as of the date of execution hereof, and that the First Amendment to the CRN Agreement provides, among other things that the transaction will close on October 16, 1998, subject to CRN's right to extend the closing date until October 30, 1998, upon payment of a fee to Sellers no later than October 19, 1998 (the "First Extension Fee") and October 26, 1998 (the "Second Extension Fee").

• Sellers agree that if at the close of business on October 19, 1998, all of the conditions to CRN's obligations to close under the CRN Agreement have been satisfied and CRN has not paid to Sellers the First Extension Fee, Sellers will immediately terminate the CRN Agreement.

• The foregoing option is referred to in this Agreement as the “First Extension Option,” and such cash payment is referred to herein as the “First Extension Fee.” For the avoidance of doubt, the First Extension Option shall not be deemed exercised until the First Extension Fee is paid by Buyer and received by Seller, and is subject to the potential refund requirement in Section 11.1(d).

More Definitions of First Extension Fee

First Extension Fee means a fee equal to the Committed Amount as of May 1, 2004 multiplied by 0.50%.

First Extension Fee has the meaning set forth in Section 3.14.

First Extension Fee shall have the meaning provided in Section 2.01(a).

First Extension Fee shall have the meaning assigned to it in Section 7.32 hereof.

First Extension Fee has the meaning set forth in Section 11.1(b). “First Extension Option” has the meaning set forth in Section 11.1(a). “First Extension Outside Date” means March 30, 2025. “Fundamental Representations and Warranties of Buyer” means the representations and warranties of Buyer contained in Section 4.1 (Organization, Power and Authorization), Section 4.2 (Binding Effect and Noncontravention), Section 4.3 (Brokers), Section 4.4(b) (Litigation) and Section 4.6 (Bankruptcy). “Fundamental Representations and Warranties of Issuer” means the representations and warranties of Issuer contained in Section 5.1 (Organization, Power and Authorization), Section 5.2 (Binding Effect and Noncontravention), Section 5.3 (Issuer Capital Structure), Section 5.4 (Valid Issuance of Equity Consideration), Section 5.6 (REIT Status), Section 5.10 (Taxes), Section 5.11(b) (Litigation), Section 5.12 (Brokers) and Section 5.14 (Bankruptcy). “Fundamental Representations and Warranties of Seller” means the representations and warranties of Seller set forth in Section 3.1 (Organization, Power and Authorization), Section 3.2 (Binding Effect and Noncontravention), Section 3.3 (Brokers), Section 3.4 (Ownership; Capitalization), Section 3.6 (Litigation), Section 3.7 (Tax Matters) and Section 3.8 (Bankruptcy). “GAAP” means U.S. generally accepted accounting principles, consistently applied. “GAHC4” has the meaning set forth in the Background. “Government Entity” means any (a) nation, principality, state, commonwealth, province, territory, county, municipality, district or other jurisdiction of any nature, (b) federal, state, local, municipal, foreign or other government, (c) governmental or quasi-governmental authority of any nature, or (d) Person exercising, or entitled to exercise, any executive, legislative, judicial, administrative, regulatory, police, military or taxing authority or power. “Guaranteed Parties” has the meaning set forth in Section 10.1. “Guarantor” has the meaning set forth in the Preamble. “Indemnified Party” means a party who is seeking indemnification under Section 8.2 or Section 8.3. “Indemnifying Party” means a party from whom indemnification is being sought under Section 8.2 or Section 8.3.

First Extension Fee means the non-refundable sum of 0.50% (one half of one percent) of

First Extension Fee means a fee equal to the Committed Amount as of January 1, 2003 multiplied by 0.75%; provided, however, if on or before December 31, 2002 the Borrower has permanently reduced the Committed Amount to $130,000,000 or less, then the "First Extension Fee" shall equal the Committed Amount as of January 1, 2003 multiplied by 0.60%; provided further, if on or before December 31, 2002 the Borrower has permanently reduced the Committed Amount to $125,000,000 or less, then the "First Extension Fee" shall equal the Committed Amount as of January 1, 2003 multiplied by 0.50%.