Twentieth Amendment PIK Fee

Twentieth Amendment PIK Fee. An amendment fee in an amount equal to two percent (2%) of the principal amount of the Seventeenth Amendment Term Loans and Nineteenth Amendment Term Loans made pursuant to the terms of the Credit Agreement and outstanding as of the Twentieth Amendment Effective Date, which shall be due and paid-in-kind by the Borrower on the Twentieth Amendment Effective Date by adding and capitalizing 2the full amount of such amendment fee to the outstanding principal balance of the Seventeenth Amendment Term... Loans and Nineteenth Amendment Term Loans, respectively, and the principal amount of the Seventeenth Amendment Term Loans and Nineteenth Amendment Term Loans, respectively, shall be increased by such fee amount for all purposes under the Loan Documents View More