Initial Facility Charge means Three Hundred Ninety Five Thousand Dollars ($395,000), which is payable to the Lenders in accordance with Section 4.1(f).
Initial Facility Charge means Six Hundred Fifty Thousand Dollars ($650,000), which is payable to the Lenders in accordance with Section 4.1(f).
Initial Facility Charge means a charge of $150,000.
Examples of Initial Facility Charge in a sentence
Borrower shall pay when due each of the Initial Facility Charge and the Second Facility Charge.
Borrower shall pay to Agent (on behalf of the Lenders) the Initial Facility Charge on the earliest to occur of (i) the initial Funding Date, (ii) the termination of this Agreement, (iii) the Outside Date (as defined in the De-SPAC Agreement) and (iv) December 31, 2021.
More Definitions of Initial Facility Charge
Initial Facility Charge means Two Hundred Fifty-Five Thousand Dollars ($255,000).
Initial Facility Charge means a fee payable to Agent in an amount equal to Five Hundred Thousand Dollars ($500,000), fully earned and due and payable on the Closing Date.
Initial Facility Charge means $737,500, which is payable to the Lenders in accordance with Section 4.1(f).
Initial Facility Charge means a charge of One Hundred Thousand Dollars ($100,000).
Initial Facility Charge means Two Hundred Sixty-Two Thousand Five Hundred Dollars ($262,500), which is payable to the Lenders in accordance with Section 4.1(f).
Initial Facility Charge means a charge of $375,000.
Initial Facility Charge means an amount equal to Four Hundred and Eighty-Seven Thousand and Five Hundred Dollars ($487,500), which is payable to the Lenders in accordance with Section 4.1(h).