Forbearance Fee has the meaning given to such term in Section 3.8 hereof.
Forbearance Fee is defined in Section 4.8.
Forbearance Fee means the $3,855,000 amount owed by the Company to the Banks under Section 4.6 of the Forbearance Agreement.
Examples of Forbearance Fee in a sentence
If I request such a Forbearance, I agree to pay a Forbearance Fee, even if the Forbearance is not granted.
The Forbearance Fee will be disclosed to me prior to the Forbearance Fee being assessed.
Sunshine is required to pay a Further Forbearance Fee to the extent that the 60 day average price of Sunshine’s common shares beginning on March 20, 2017 is less than the share issuance price in the Note Exchange Agreement.
This Further Forbearance Fee is payable on August 1, 2017 or earlier if the Senior Notes are repaid.
Further under the Bank RSA, First Lien Notes (defined therein as the “Supplemental RSA Bonds”) held by Initial Consenting Bank Lenders that (a) were purchased or acquired between January 15, 2015 and July 24, 2015 and (b) did not already receive the RSA Forbearance Fee (as defined therein) may be entitled to RSA Forbearance Fees payable by CEC.
More Definitions of Forbearance Fee
Forbearance Fee means a fee equal to 4.00% of the principal amount of the First Lien Credit Agreement Loans of each Consenting First Lien Credit Agreement Lender outstanding immediately prior to the Open Market Buy-Back Date.
Forbearance Fee has the meaning set forth in Section 6(b) hereof.
Forbearance Fee shall have the meaning ascribed to such term in Section 5 of the Forbearance Agreement. "Forbearance Period" shall mean the period commencing on January 29, 2002 and expiring on May 31, 2002; or, such earlier date on which the Lenders' agreement to Forbear shall terminate. "Guarantors" shall mean the collective reference to the Parent, Heat Holdings II and the Subsidiary Guarantors. "Specified Defaults" shall have the meaning given to such term in the recitals to the Forbearance Agreement. "Subsidiary Guarantors" shall mean the collective reference to each Subsidiary that has executed a Subsidiary Guarantee. "Trustee" shall mean Bankers Trust Company as trustee under the Indenture (or any successor trustee). "Valuation Expert" shall have the meaning ascribed thereto in Section 5.14(b). (ii) Deleting the definition of "Commitments" in its entirety and replacing it with the following: "Commitments" shall mean, prior to the Closing Date, the collective reference to the Term Loan Commitments (and, after the Closing Date, the Term Loans) and the Revolving Credit Commitments. (iii) Deleting the definition of "EBITDA" in its entirety and replacing it with the following: "EBITDA" shall mean, for any period of determination, an amount equal to the sum of (without duplication)(i) Net Income for such period, after exclusion of (x) all items which should be classified as extraordinary, all determined in accordance with U.S. GAAP, (y) all insurance proceeds (other than proceeds of business interruption insurance) received during such period to the extent, if any, included in Net Income and (z) tax gains and losses upon the disposition of capital assets, plus (ii) all amounts deducted in computing such Net Income in respect of (1) Interest Expense (after giving effect to all Hedging Agreements and payments and receipts thereunder), (2) non-cash amortization expense (including amortization of financing costs, noncurrent assets and non-cash charges), (3) depreciation, (4) income taxes, (5) all other non-cash charges including but not limited to write-offs of intangible assets (other than for minority interests) less 4 <PAGE> extraordinary gains, (6) one-time non-recurring expenses associated with facility closings and head count reductions in an amount not to exceed $17,818,950 through December 31, 2001, (7) one-time, non-recurring non-cash expenses associated with facility closings and head count reductions in an amount not to exceed $2,500,000 during the fiscal year end...
Forbearance Fee means, (i) initially a forbearance fee (the “Initial Forbearance Fee”) in an aggregate amount of $150,000, which was paid pursuant to the Existing Forbearance Agreement, (ii) a forbearance extension fee for the Revolving Loan Lenders of $500,000 (the “Forbearance Extension Fee (Revolving Lenders)”), payable pursuant to Section 5(c), and (iii) a forbearance extension fee for the Term Loan Lenders of $2,500,000 (the “Forbearance Extension Fee (Term Lenders)”). In connection with the Initial Forbearance Fee, $50,000 was paid to the Revolving Loan Lenders and $100,000 was paid to Term Loan Lenders. The Initial Forbearance Fee was fully earned as of the date paid, and the Forbearance Extension Fee (Revolving Lenders) and Forbearance Extension Fee (Term Lenders) shall be fully earned as of the Forbearance Extension Effective Date. Any Forbearance Fee that has been paid shall be nonrefundable.
Forbearance Fee means $285,000, due on the Maturity Date.
Forbearance Fee shall have the meaning assigned to it in Section 2.6.
Forbearance Fee means $10,000,000.