Amendment Fee Clause Samples
An Amendment Fee clause establishes a charge that must be paid when a party requests changes or modifications to an existing agreement. Typically, this fee applies if one party seeks to alter terms such as payment schedules, deliverables, or other contractual obligations, and the fee amount and payment process are specified within the contract. The core function of this clause is to compensate the other party for administrative costs and discourage frequent or unnecessary amendments, thereby promoting contract stability and predictability.
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Amendment Fee. The Borrower shall pay the Lender as of the date hereof a fully earned, non-refundable fee in the amount of $10,000 in consideration of the Lender’s execution and delivery of this Amendment.
Amendment Fee. In consideration of the agreements set forth herein, Borrower hereby agrees to pay to the Administrative Agent, for the ratable account of the Lenders, an amendment fee in an aggregate amount equal to $37,500 (which is 0.075% (7.5 basis points) on that portion of the increase in the Commitments of each of the Lenders made pursuant hereto) (the “Amendment Fee”). The entire amount of the Amendment Fee will be fully earned and shall be due and payable in full in cash on the Effective Date.
Amendment Fee. In consideration of the amendment, the Company agrees to pay to CoBank on the execution hereof a fee in the amount of $2,500.00.
Amendment Fee. In addition to all other fees, charges, interest and expenses payable by Borrower to Agent and Lenders under the Loan Agreement and the other Financing Agreements, Borrower shall pay to Agent, for the account of Lenders (to the extent and in accordance with the arrangements between Agent and each Lender), an amendment fee in the amount of $20,000, which fee shall be fully earned and due and payable on the effective date hereof and may be charged by Agent directly to the loan account of Borrower.
Amendment Fee. Borrowers shall have paid to Agent an amendment fee, for the ratable benefit of the Lenders, in the amount of $50,000, which fee shall be fully earned as of the date hereof and non-refundable under any and all circumstances (it being understood that the Agent is hereby authorized to charge such fee to the Loan Account).
Amendment Fee. In consideration of the Agents’ and Lenders’ willingness to enter into this Amendment, Borrowers agree to pay to the Administrative Agent for the ratable benefit of each Lender which executes this Amendment an amendment fee in an amount equal to .10% of the amount of the Revolving Commitment of each such Lender.
Amendment Fee. In consideration of entering into this Amendment, Borrowers agree to pay to Agent, for the ratable benefit of itself and each Lender, an amendment fee in the amount of $50,000.00 (the “Amendment Fee”), which fee shall be fully earned and due and payable in full on the Tenth Amendment Effective Date and shall not be subject to rebate or proration upon termination of the Credit Agreement for any reason.
Amendment Fee. Borrower shall pay to Lender as an amendment fee the ------------- amount of $10,000 which fee shall be fully earned and payable as of the date hereof. Lender may, at its option, charge the amount of such fee directly to Borrower's loan account maintained by Lender.
Amendment Fee. The Borrower hereby agrees to pay to Lender a non-refundable amendment fee in the aggregate amount of $15,000.00, which shall be deemed fully earned upon Lender’s receipt thereof and payable upon the execution of this Amendment.
Amendment Fee. In addition to all other fees, charges, interest and expenses payable by any Borrower or Guarantor to Agent or Lenders under the Loan Agreement and the other Financing Agreements, Borrowers and Guarantors shall pay to Agent for the account of Lenders (in such manner as Agent may agree), contemporaneously with the effectiveness of this Amendment No. 2, an amendment fee in the amount of $350,000, which fee shall be fully earned and nonrefundable as of the date hereof and may be charged to any loan account of Borrowers.