Loan Facility Fee definition

Loan Facility Fee means the fee payable to the Agent, for the benefit of the Lenders, in accordance with, and pursuant to, the provisions of Section 8.6 of this Financing Agreement.
Loan Facility Fee means the fee payable to CIT in accordance with, and pursuant to, the provisions of Paragraph 8.7 of Section 8 of this Financing Agreement.
Loan Facility Fee means the fee payable to the Agent for the benefit of the Lenders in accordance with, and pursuant to, the provisions of Section 8.10 hereof. NET WORTH shall mean assets in excess of liabilities, determined in accordance with GAAP, on a consistent basis with the latest audited statements. OBLIGATIONS shall mean all loans and advances made or to be made hereunder by the Agent and/or the Lenders to the Company or to others for the Company's account (including, without limitation, all Revolving Loans and Letters of Credit); any and all indebtedness and obligations which may at any time be owing by the Company to the Agent and/or the Lenders hereunder arising, whether now in existence or incurred by the Company from time to time hereafter; whether secured by pledge, lien upon or security interest in any of the Company's assets or property or the assets or property of any other person, firm, entity or corporation; whether such indebtedness is absolute or contingent, joint or several, matured or unmatured, direct or indirect and whether the Company is liable to the Agent and/or the Lenders for such indebtedness as principal, surety, endorser, guarantor or otherwise. Obligations shall also include indebtedness or obligations incurred by, or imposed on, the Agent and/or the Lenders in connection with or arising out of this Agreement as a result of environmental claims arising out of the Company's operation, premises or waste disposal practices or sites; the Company's liability to the Agent and/or the Lenders as maker or endorser on any promissory note or other instrument for the payment of money; the Company's liability to the Agent and/or the Lenders under any instrument of guaranty or indemnity hereunder, or arising under any guaranty, endorsement or undertaking hereunder which the Agent and/or the Lenders may make or issue to others for the Company's account, including any accommodation extended with respect to applications for Letters of Credit, the Agent's (on behalf of the Lenders) acceptance of drafts or the Agent's (on behalf of the Lenders) endorsement of notes or other instruments for the Company's account and benefit. OPERATING LEASES shall mean all leases of property (whether real, personal or mixed) other than Capital Leases.

Examples of Loan Facility Fee in a sentence

  • Borrower shall pay Lender a fee in the amount of $10,000 (“Default Fee”), the Revolving Line Facility Fee of $35,000, the Term Loan Facility Fee of $14,000, and the Due Diligence Fee of $600, plus all out-of-pocket expenses.

  • The effectiveness of this Business Financing Modification Agreement is conditioned upon payment of the Default Fee, Revolving Line Facility Fee, Term Loan Facility Fee, and Due Diligence Fee.

  • Borrower shall pay the Term Loan Facility Fee to Lender promptly upon the execution of this Agreement and annually thereafter.

  • To induce CITBC to enter into this Financing Agreement and to extend to the Company the Revolving Loans, the Company shall pay to CITBC a Loan Facility Fee in the amount of $220,000 payable upon execution of this Financing Agreement.

  • The Loan Facility Fee shall be fully earned on the Closing Date for the term of the Loan (including any Extension Term) but shall be due and payable on each anniversary of the Closing Date.


More Definitions of Loan Facility Fee

Loan Facility Fee means the fee payable to the Agent for the benefit of the Lenders in accordance with, and pursuant to, the provisions of Section 8, Paragraph 3 of this Agreement.
Loan Facility Fee means the fee payable to CIT in accordance with, and pursuant to, the provisions of Paragraph 8.6 of Section 8 of this Financing Agreement.
Loan Facility Fee means the fee payable to CITBC in accordance with, and pursuant to, the provisions of Section 8, Paragraph 10 of this Financing Agreement.
Loan Facility Fee shall have the meaning provided in Section 3.1(e).
Loan Facility Fee shall have the meaning given to such term in Section 7.1.
Loan Facility Fee means the fee payable to CIT in accordance with, and pursuant to, the provisions of Section 8.6 of this Financing Agreement. Management Agreement shall mean that certain Management Services Agreement, dated as of the Closing Date between Parent and the Company providing for the payment of a quarterly fee to the Parent in return for the services described therein.
Loan Facility Fee means the fee payable to CITBC in accordance with, and pursuant to, the provisions of paragraph 8.7 of Section 8 of this Financing Agreement. MAGIEP shall mean MAGI Entertainment Products, Inc., a California corporation. MAGIS shall mean MAGI Sales, Inc., a California corporation.