Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date.
Appears in 3 contracts
Sources: Credit Agreement (Universal Technical Institute Inc), Credit Agreement (Universal Technical Institute Inc), Credit Agreement (Universal Technical Institute Inc)
Closing Fee. Borrower On the Closing Date, Borrowers shall pay to Lender on the Closing Date a closing Fee fee as set forth in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing DateLetter.
Appears in 3 contracts
Sources: Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.)
Closing Fee. On the Closing Date, the Borrower shall pay to Lender on the Closing Date Bank in immediately available funds a closing Fee in the aggregate amount of $250,000. fee (the “Closing Fee”)) equal to the greater of (i) 0.10% of the Loan Commitment or (ii) $500.00. The Closing Fee is fully-shall be fully earned and non-refundable nonrefundable as of the Closing Date.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Ruby Tuesday Inc), Loan Facility Agreement (Ruby Tuesday Inc), Loan Facility Agreement (Ruby Tuesday Inc)
Closing Fee. On the Closing Date, Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Datefee.
Appears in 3 contracts
Sources: Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.)
Closing Fee. Borrower has paid to Lender a closing fee of $85,000.00, which was fully earned and nonrefundable on the Closing Date. Borrower shall pay to Lender an additional closing fee of $25,000.00 which shall be fully earned and nonrefundable on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Effective Date.
Appears in 2 contracts
Sources: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp)
Closing Fee. On the Closing Date, Borrower shall pay Lender a fee equal to Lender $97,500 on account of the Closing Date a closing Fee in the aggregate amount of $250,000. Term Loan, which fees shall be fully earned when paid (collectively, the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date.
Appears in 2 contracts
Sources: Loan and Security Agreement (Xactly Corp), Loan and Security Agreement (Xactly Corp)
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. fee (the “Closing Fee”)) to Lender in the amount of $75,000. The Closing Fee is fully-earned shall be due and non-refundable as of payable on the Closing Date.
Appears in 2 contracts
Sources: Credit Agreement (JMP Group Inc.), Credit Agreement (JMP Group Inc.)
Closing Fee. The Borrower shall pay to each Lender on the Closing Date Date, as fee compensation for the funding of such Lender’s Loans, a closing Fee fee in an amount equal to 2.00% of the aggregate stated principal amount of $250,000. such Lender’s Loan (the “Closing Fee”), payable to such Lender from the proceeds of its Loan as and when funded on the Closing Date. The Such Closing Fee is fully-earned will be in all respects fully earned, due and payable on the Closing Date and non-refundable as of the Closing Dateand non-creditable thereafter.
Appears in 1 contract
Sources: Second Lien Credit Agreement (Memc Electronic Materials Inc)
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of On the Closing Date, a closing fee (the "Closing ----------- Fee") of $240,000, which fee is in addition to any fees previously paid by Borrower to Lender and shall be paid by adding the amount thereof to the balance of the Term Loan.
Appears in 1 contract
Sources: Loan and Security Agreement (Graphix Zone Inc /De/)
Closing Fee. Borrower On the Closing Date, Borrowers shall pay to Lender on the Closing Date a closing Fee in the aggregate amount fee of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date45,575.00.
Appears in 1 contract
Closing Fee. Borrower shall The Borrowers, jointly and severally, agree to pay to the Lender on the Closing Date a closing Fee fee (the "Closing Fee") in the aggregate amount of $250,000. (the “Closing Fee”). The 170,000, which Closing Fee is fully-shall be fully earned by the Lender on the Closing Date, and non-refundable as of refundable. The Lender and the Borrowers agree that the Closing DateFee shall be financed by the Lender as a Revolving Loan.
Appears in 1 contract
Closing Fee. The Borrower shall agrees to pay to the Lender on the Closing Date a closing Fee in the aggregate amount fee of $250,000. 25,000 (the ““ Closing Fee”). The Closing Fee is fully-earned shall be due and non-refundable as of payable on the Closing DateDate and, upon payment, shall not be refundable for any reason whatsoever.
Appears in 1 contract
Closing Fee. On the Closing Date, Borrower shall pay to each Lender on the Closing Date a closing Fee in fee equal to 1.00% of the aggregate amount of $250,000its Term Loan. (Each Lender shall deduct the “Closing Fee”). The Closing Fee is fully-earned closing fee from the amount of its Term Loan and non-refundable as make its Term Loan net of the Closing Datefee.
Appears in 1 contract
Closing Fee. The Borrower shall agrees to pay to the Lender on the Closing Date a closing Fee in the aggregate amount fee of $250,000. 25,000 (the “Closing Fee”). The Closing Fee is fully-earned shall be due and non-refundable as of payable on the Closing DateDate and, upon payment, shall not be refundable for any reason whatsoever.
Appears in 1 contract
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee fee in the aggregate amount of $250,000. 277,500 (the “Closing Fee”). The , which Closing Fee is fully-earned and non-refundable as of the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Twinlab Consolidated Holdings, Inc.)
Closing Fee. On the Closing Date, a closing fee of $400,000 (the "Closing Fee"). Borrower acknowledges and agrees that the Closing Fee shall pay to Lender be fully earned on the Closing Date a closing Fee in and that the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date.will not be repaid to Borrower, in whole or in part, under any circumstances;
Appears in 1 contract
Closing Fee. The Borrower shall pay to the Lender on the Closing Date a closing Fee fee in the aggregate amount of $250,000. 487,500 (the “"Closing Fee”"). The Lender and the Borrower agree that the Closing Fee is fully-earned and non-refundable shall be financed by the Lender as of the Closing Datea Revolving Loan.
Appears in 1 contract
Closing Fee. Borrower On the Closing Date, the Borrowers shall pay to the Lender on the Closing Date a non-refundable closing Fee fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date175,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Del Global Technologies Corp)
Closing Fee. Borrower Borrowers shall pay to Lender a closing fee of $300,000, which fee shall be fully earned and nonrefundable on the Closing Date a closing Fee in and shall be paid concurrently with the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Dateinitial Loans hereunder.
Appears in 1 contract
Sources: Loan and Security Agreement (Avalon Community Services Inc)
Closing Fee. Borrower Borrowers shall pay to Lender a closing fee in the amount of $50,000 (the "Closing Fee"). The Closing Fee shall be paid to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-Date, and shall be deemed to be fully earned and non-refundable as of the Closing Datedate thereof and shall not be subject to refund, rebate or proration for any reason whatsoever.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Parlux Fragrances Inc)
Closing Fee. The Borrower shall will pay to the Lender on the Closing Date a closing Fee fee in the aggregate amount of $250,000. 75,000 (the “"Closing Fee”"). The Lender and the Borrower agree that the Closing Fee is fully-earned and non-refundable shall be financed by the Lender as of the Closing Datea Revolving Loan.
Appears in 1 contract
Closing Fee. Borrower On or prior to the Closing Date, Borrowers shall pay to Lender on the Closing Date a fully-earned, non-refundable closing Fee fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date257,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Kingsway Financial Services Inc)
Closing Fee. Borrower On the Closing Date, Borrowers shall pay to Lender on the Closing Date a closing Fee in the aggregate amount fee of $250,000125,000. (the “Closing Fee”). The Closing Fee is fully-Such fee shall be earned and non-refundable as of the Closing DateDate and shall not be subject to rebate or refund under any circumstances.
Appears in 1 contract
Sources: Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Closing Fee. On the Closing Date, the Borrower shall pay to the Lender on the Closing Date a non-refundable closing Fee fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date65,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Grand Toys International LTD)
Closing Fee. Borrower Borrowers shall pay to Lender on the Closing Date a closing Fee fee in the aggregate amount of $250,000. 20,000 (the “"Closing Fee”"). The Closing Fee is fully-earned and non-refundable as of the Closing Date.
Appears in 1 contract
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-25,000, which shall be fully earned and non-refundable as of the on such Closing Date.
Appears in 1 contract
Closing Fee. At Closing, Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount fee of Forty OneThousand Five Hundred and No/100 ($250,000. 41,500.00) Dollars (the “Closing Fee”). The Closing Fee is fully-earned In addition, Borrowers shall pay to Lender at closing (or in advance of closing, as reasonably requested by Lender considering the complexity and non-refundable as magnitude of the Closing Date.expenses) Lender’s reasonable out of pocket expenses related to the transaction, including but not limited to reasonable attorney fees and costs;
Appears in 1 contract
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. fee (the “Closing Fee”)) in the amount equal to one half percent (0.50%) of the Maximum Facility. The Closing Fee is fully-earned shall be due and non-refundable as of payable on the Closing Date.
Appears in 1 contract
Sources: Loan and Security Agreement (Unique Logistics International, Inc.)
Closing Fee. Borrower shall pay to Lender on upon the Closing Date a closing Fee in fee (the aggregate amount "Closing Fee") of $250,000500,000. (Lender shall credit the “$500,000 commitment fee previously paid by Borrower to Lender against the Closing Fee”). The Closing Fee is fully-shall be deemed to be fully earned and non-refundable as of upon the Closing DateClosing.
Appears in 1 contract
Sources: Loan Agreement (Shopko Stores Inc)
Closing Fee. The Borrower shall pay to the Lender a closing fee on the Closing Effective Date a equal to $40,000. Such closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-fee shall be fully earned when paid and non-shall not be refundable as of the Closing Datefor any reason whatsoever.
Appears in 1 contract
Sources: Credit Agreement (Bluefly Inc)
Closing Fee. The Borrower shall agrees to pay to the Lender on the Closing Date a closing Fee in the aggregate amount fee of $250,000. 25,000 (the “Closing Fee”). The Closing Fee is shall be due and payable and fully-earned and non-refundable as of on the Closing DateDate and, upon payment, shall not be refundable for any reason whatsoever.
Appears in 1 contract
Closing Fee. Borrower shall pay to Lender on the a Closing Date a closing Fee in the aggregate amount of $250,000. 1.50% of the Loan on the date on which the Loan closes (the “"Closing Fee”Date"). The Due Diligence Fee and the Commitment Fee shall be credited against the Closing Fee is fully-earned and non-refundable as of the Closing Dateat closing.
Appears in 1 contract
Closing Fee. On the Closing Date, Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of fee equal to $250,000. 1,800,000.00 (the “Closing Fee”)) which fee shall be fully earned as of the Closing Date and shall not be refundable. The Closing Fee is fully-earned and non-refundable as shall be deducted from the proceeds of the Loan funded on the Closing Date.
Appears in 1 contract
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of On the Closing Date, the Borrower will pay to the Lender a fully earned and nonrefundable closing fee of $25,000.
Appears in 1 contract
Closing Fee. On the Closing Date, Borrower shall pay Lender a non-refundable, fully earned closing fee with respect to Lender on the Closing Date a closing Fee Revolving Loan Commitment in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date20,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Transcend Services Inc)
Closing Fee. Borrower shall pay to Lender a closing fee of $175,000, which shall be fully earned and (except to the extent otherwise required by Applicable Law) nonrefundable on the Closing Date a Date. This closing Fee in fee shall be paid as follows:
(i) $75,000 shall be paid concurrently with the aggregate amount of initial Loan hereunder, and (ii) the remaining $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of the Closing Date100,000 shall be paid on or before December 31, 1997.
Appears in 1 contract
Sources: Loan and Security Agreement (Bayard Drilling Technologies Inc)
Closing Fee. The Borrower shall pay to the Lender, on the Closing Date, a closing fee (the "Closing Fee") in the amount of $62,500, which Closing Fee shall be fully earned by the Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”)Date. The Lender and the Borrower agree that the Closing Fee is fullyshall be financed by the Lender as a One-earned and non-refundable as of the Closing DateMonth LIBOR Rate Revolving Loan.
Appears in 1 contract
Closing Fee. On the Closing Date, Borrower shall pay to Lender on the Closing Date a closing Fee fee in an amount equal to the aggregate amount sum of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as i) 2% of the Closing DateTerm Loan, minus (ii) $50,000, in consideration of the Loan Assignment and the making of the New Term Loan hereunder.
Appears in 1 contract
Sources: Loan and Security Agreement (Tropical Sportswear International Corp)
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as of On the Closing Date., a closing fee (the "Closing Fee") of $900,000; which fee is in addition to any fees previously paid by Borrower to Lender; Borrower shall have the option (such option to be set forth in a written notice sent by Borrower to Lender no less than 2 Business Days prior to the Closing Date), to have the Closing Fee paid by adding the amount thereof to the balance of the Term Loan; and
Appears in 1 contract
Sources: Loan and Security Agreement (Graff Pay Per View Inc /De/)
Closing Fee. Borrower Borrowers shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. fee (the “Closing Fee”) in the amount of Thirty Thousand Dollars ($30,000). The Closing Fee is fully-shall be earned and non-refundable as of in full on the Closing Date. The Closing Fee shall be payable in two installments, due on the Closing Date and on December 31, 2011, of Fifteen Thousand Dollars ($15,000) each.
Appears in 1 contract
Sources: Credit and Security Agreement (Colonial Commercial Corp)
Closing Fee. The Borrower shall pay to the Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. (the “Closing Fee”). The Closing Fee is fully-earned and non-refundable as closing fee in the amount of the Closing DateU.S. $25,000.
Appears in 1 contract
Sources: Loan Agreement (Starcraft Corp /In/)
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. 200,000 (the “"Closing Fee”"). The Closing Fee is fully-earned and non-refundable as of the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Lincoln Educational Services Corp)
Closing Fee. Borrower shall pay to Lender on the Closing Date a closing Fee in the aggregate amount of $250,000. fee (the “Closing Fee”)) to Lender in the amount of $125,000. The Closing Fee is fully-earned shall be due and non-refundable as of payable on the Closing Date.
Appears in 1 contract