Upfront Fees definition
Upfront Fees shall have the meaning assigned to such term in Section 2.05(b).
Upfront Fees means, with respect to any Receivable, the sum of any fees charged by Holdings or the Receivables Account Bank, as the case may be, to a Receivables Obligor in connection with the disbursement of a loan, as set forth in the Business Loan and Security Agreement Supplement related to such Receivable, which are deducted from the initial amount disbursed to such Receivables Obligor, including the “Origination Fee” set forth on the applicable Receivable Agreement.
Upfront Fees shall have the meaning assigned to such term in the Upfront Fee Letter.
Examples of Upfront Fees in a sentence
A portion or the full amount of any Upfront Fees due to any Lender may, at the option of such Lender, be off-set against the amount of the Term Loan made by such Lender on the Closing Date, the First Delayed Draw Advance Date or a Delayed Draw Advance Date, as applicable; provided that, in each case, any such off set shall not reduce the principal amount of the Loans outstanding hereunder.
At the option of the Required Lenders, all or any portion of any Upfront Fees may be structured as original issue discount.
More Definitions of Upfront Fees
Upfront Fees means, with respect to any Receivable, the sum of any fees charged by Holdings or the Receivables Account Bank, as the case may be, to a Receivables Obligor in connection with the disbursement of a loan, as set forth in the Receivables Agreement related to such Receivable, which are deducted from the initial amount disbursed to such Receivables Obligor, including the “Origination Fee” set forth on the applicable Receivable Agreement.
Upfront Fees means fees payable by the Client prior to the commencement of the Services and as otherwise agreed to by the Parties;
Upfront Fees means the Class A Upfront Fee and the Class B Upfront Fee.
Upfront Fees means the one time, Ordering Activity-specific infrastructure set-up fees as indicated on the Order Form that will be charged to Ordering Activity to enable access to the Program.
Upfront Fees has the meaning given to it in clause 10.
Upfront Fees means the fees payable to the Lenders pursuant to Section 3.4(e).
Upfront Fees means, with respect to any Customer Loan, the sum of any fees charged by Borrower or the Originating Bank, as the case may be, to a Customer Loan Obligor in connection with the disbursement of a loan, as set forth in the Customer Loan Documentation related to such Customer Loan, which are deducted from the initial amount disbursed to such Customer Loan Obligor, including the “Origination Fee” set forth on the applicable Customer Loan Documentation.