Waiver Fees definition

Waiver Fees means (i) a non-refundable waiver fee equal to 1.00% of the outstanding principal amount of the Notes on the date of the earlier of (a) consummation of a Qualified Initial Public Offering or (b) March 31, 2010 payable to the Holders of the Notes; and (ii) a non-refundable waiver fee equal to 1.00% of the outstanding principal amount of the Second Lien Notes on the date of the earlier of (a) consummation of a Qualified Initial Public Offering or (b) March 31, 2010 payable to the Holders of the Second Lien Notes; provided, however, that if the waiver fees with respect to the Notes are increased, the waiver fees with respect to the Second Lien Notes will be similarly increased.”

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Waiver Fees means (i) a non-refundable waiver fee equal to 1.00% of the outstanding principal amount of the Senior Secured Notes on the date of the earlier of (a) consummation of a Qualified Initial Public Offering or (b) March 31, 2010 payable to the Holders of the Senior Secured Notes; and (ii) a non-refundable waiver fee equal to 1.00% of the outstanding principal amount of the Sellers’ Secured Notes on the date of the earlier of (a) consummation of a Qualified Initial Public Offering or (b) March 31, 2010 payable to the Holders of the Sellers’ Secured Notes; provided, however, that if the waiver fees with respect to the Senior Secured Notes are increased, the waiver fees with respect to the Seller’s Secured Notes will be similarly increased.”

Waiver Fees has the meaning given in the SA;

Examples of Waiver Fees in a sentence

The Waiver Fees shall be payable in immediately available funds on, and subject to the occurrence of, the Waiver Effective Date.
These amounts may increase from time to time, primarily due to changes in sales tax, property tax and Damage Waiver Fees.
Subject to the issuance of the Second Additional Note by the Borrower to the Lender simultaneously with the execution and delivery of this Amendment No. 4, the Lender waives the Event of Default arising under Section 6.17 of the Loan Agreement by reason of the Borrower’s failure to pay in cash the Waiver Fees.
Nothing in this Letter shall constitute or be deemed to constitute a waiver of the rights of any Finance Party under any of the Finance Documents or any amendment of the Finance Documents except as expressly set out in Clauses 2 (Amendments), 4 (US Licence), 5 (Thermo Contingent Equity Account — Cash Requirement), 6 (Payment of Waiver Fees) and 7 (Default) above.
The Supplemental Waiver Fees shall be payable in immediately available funds in full on March 1, 2010.
By the terms of the Consumer Equipment Lease (the “Agreement”) you (the “Lessee”) have agreed to make regular monthly payments to TimePayment Corporation or its assignees (called “TimePayment”, “we”, “us”, etc.) for equipment (“Base Monthly Payment”) plus applicable sales tax, property tax, and Damage Waiver Fees (the “Total Monthly Payment”) as shown in this Agreement.
For the avoidance of doubt, unless agreed to the contrary by the Lenders, paragraph 6 (Payment of Waiver Fees) of Amendment Letter No.6 shall apply to any additional waivers and/or amendments (howsoever described) agreed to by the Lenders in respect of the Finance Documents after the date of this Letter.
The Initial Waiver Fees shall be payable in immediately available funds in full on, and subject to the occurrence of, the Waiver Effective Date.
After the resident has moved out, if the resident leaves the property damage free and no deductions from the Security Deposit are made (damage beyond normal wear and tear) Manager will refund 25% of all Security Deposit Waiver Fees collected within 30 days of move out.
In connection with certain of the amendments and waivers set forth herein and in the 2009 Amendments and Waivers, the Obligors shall pay to the Lender in Dollars on or before the date hereof a Closing Fee of $17,500 (the "First Amendment and Waiver Fees") which consists of a $10,000 service fee, a $5,000 modification fee, and a $2,500 wavier fee for the December 31, 2008 Covenant Defaults.

More Definitions of Waiver Fees

Waiver Fees has the meaning set forth in Section VI(E).

Waiver Fees means all fees and expenses incurred or payable in connection with the waiver of any default under the Senior Credit Facility occurring by reason of the consummation of the Merger or the other transactions contemplated by this Agreement, including without limitation, any penalties or premiums.

Waiver Fees means the sum of five thousand ($5,000) dollars for each of the five (5) Borrower covenant violations a total of twenty five thousand ($25,000) dollars, which Waiver Fees are to be paid contemporaneously with the execution of this Ninth Amendment. The five (5) Borrower covenant violations referred to herein are (i) a violation of the Consolidated Funded Debt to EBITDA ratio under Sub-Section 6.6 of Section 6 of the Agreement as of March 31, 2001, and again as of June 30, 2001; (ii) a violation of the Debt to Tangible Net Worth ratio under Sub-Section 6.12 of Section 6 of the Agreement as of March 31, 2001, and again as of June 30, 2001; and (iii) a violation of the Guarantee Obligations under Sub-Section 7.7 of Section 7 of the Agreement through the date immediately prior to the date of this Agreement.