Why should I have my grandson pay for a commitment fee
for a project that is lousy anyway?
This deferral of the deadlines provides the Company with an opportunity to reduce commitment fees
and interest costs as it does not expect to need to access any funds until the first quarter of 2017 based upon the currently anticipated level and timing of capital expenditures.
YA Global is entitled to a one-time commitment fee
of EUR200,000 in shares and has already received customary structuring and due diligence fees.
The terms of the credit facility include a 50 basis point commitment fee
, an interest rate of LIBOR plus 3.
The new Fit for Life membership package means that, by paying an initial commitment fee
, you can now join from just pounds 20 per month, taking advantage of the fully equipped gym, cardiovascular suite, over 100 free classes, 25 metre pool, steam room, sauna and the new-look brasserie.
The commitment fee
included both refundable and nonrefundable portions.
The Fund has also made access to funds from the CCL simpler and faster in the event of crisis, and reduced the interest rate and commitment fee
on any lines of credit.
35) Like cancellation fees, the commitment fee
is to compensate the arbitrators for lost employment.
According to Hidayat, the advance fee is on top of the usual commitment fee
, which ranges between 0.
Based on LTC's current leverage ratios, the amended facility provides for interest annually at LIBOR plus 125 basis points and an unused commitment fee
of 25 basis points.
The Company has agreed to pay a US$20,000 commitment fee
on maturity and, in addition, to issue to the lenders, as a bonus for making the Loan, warrants exercisable to purchase up to 3,000,000 shares of the Company for $0.
The Lender charged a no commitment fee
and the loan has a sliding scale penalty of 3-2-1-0-0% for ach 5 year period in the case of prepayment.