Examples of Second Amendment Fee Letter in a sentence
The Loan Parties and each party hereto and thereto shall have executed and delivered this Amendment and the Second Amendment Fee Letter.
The Borrower shall pay to the Agent (for the account of each Lender) an amendment fee in the amount and at the times agreed in the Second Amendment Fee Letter.
Mandatory Conversion A mandatory conversion event, as defined in the Agreement, is the closing of an underwritten initial public offering of the common stock of the Corporation resulting in gross proceeds to the Company of at least $15 million or the vote of a majority of the Holders of outstanding shares to convert the preferred shares to common stock.
Borrower shall pay the fees set forth in the Fee Letter and the Second Amendment Fee Letter.
The Administrative Agent shall have received from Borrower, for the benefit of the Lenders that have delivered a counterpart signature page approving this Amendment on or prior to the date of effectiveness hereof, the Amendment Consent Fee (as defined in the Second Amendment Fee Letter).