Up-Front Fees definition
Examples of Up-Front Fees in a sentence
On the Closing Date, Borrower shall pay to Administrative Agent, for the benefit of the Lenders, the up-front fee (the "Up-Front Fee") described in the Fee Letter (but only to the extent such Up-Front Fees are payable as of the Closing Date pursuant to the Fee Letter).
Receipt by the Agent of all fees required to be received in connection with this Amendment, including, without limitation, the Up-Front Fees payable to the Agent for the account of the Banks.
The Borrower will pay to the Administrative Agent, for the account of the Banks, an up-front fee (collectively, the "Up-Front Fees") payable in accordance with the terms outlined on page 36 of the TFM Lenders Meeting Presentation dated July 31, 2002.
The Borrower acknowledges and agrees that the proceeds of the Loans made on any date may be funded to the Borrower net of the applicable Up-Front Fees due on such date.
The Administrative Agent shall have received payment of (a) for the ratable benefit of the Lenders, 50% of all Up-Front Fees and (b) all other fees and expenses then due and payable by the Borrower to the Administrative Agent and/or the Lenders in connection with the Facility.