Tranche 2 Facility Charge definition

Tranche 2 Facility Charge means one percent (1.00%) of the Tranche 2 Advance, which is payable to the Lenders in accordance with Section 4.2(d).
Tranche 2 Facility Charge means One Hundred and Five Thousand Dollars ($105,000), which is payable to the Lenders in accordance with Section 4.2(d).
Tranche 2 Facility Charge means an amount equal to one-half of one percent (0.50%) of the Tranche 2 Advances funded, which is payable to the Lenders in accordance with Section 4.2(d).

Examples of Tranche 2 Facility Charge in a sentence

  • Borrower shall have paid the Tranche 2 Facility Charge with respect to the Tranche 2a First Amendment Closing Date Advance.

  • For the avoidance of doubt, any such fees, costs and expenses shall include the Tranche 2 Facility Charge, which is payable to the Lenders in accordance with Section 4.2(d) of the Loan and Security Agreement.

  • Each of the Tranche 2 Facility Charge and the Tranche 3 Facility Charge shall be due and payable at such times set forth in the definitions thereof.


More Definitions of Tranche 2 Facility Charge

Tranche 2 Facility Charge means three-quarters percent (0.75%) of each Tranche 2 Advance, which is payable to Lenders in accordance with Section 4.2(d).
Tranche 2 Facility Charge means zero point seven five percent (0.75%) of each Tranche 2 Advance, which is payable to the Lenders in accordance with Section 4.2(d).
Tranche 2 Facility Charge means Three Hundred Seventy-Five Thousand Dollars ($375,000).
Tranche 2 Facility Charge means Fifty Thousand Dollars ($50,000), which is payable to the Lenders in accordance with
Tranche 2 Facility Charge means $50,000.00, which is payable to the Lenders in accordance with Section 4.2(d).
Tranche 2 Facility Charge means one-half of one percent (0.50%) of the Tranche 2 Commitment, which such amount is payable to Agent, for the ratable benefit of Lenders, in accordance with Section 4.2(d).
Tranche 2 Facility Charge means (a) following the achievement of EUA Milestone 1, Sixty-Two Thousand Five Hundred Dollars ($62,500), or (b) following the achievement of EUA Milestone 2, Eighty-Seven Thousand Five Hundred Dollars ($87,500), which, in each case, is payable to the Lenders in accordance with Section 4.3(d)(i).