Annual Commitment Fee Sample Clauses
POPULAR SAMPLE Copied 2 times
Annual Commitment Fee. Beginning on the Closing Date and on the same date each year hereafter throughout the term of the Revolving Facility, Borrower shall pay to Bank an annual Commitment Fee of Ten Thousand Dollars ($10,000) for the commitment made in Section 2.1, which fee shall be nonrefundable.
Annual Commitment Fee. Borrower agrees to pay to Lender an Annual Commitment Fee equal to five (5) basis points of Lender’s Commitment annualized on the basis of a 360-day year and actual days elapsed from the date of the First Amendment until the Termination Date or until this Agreement is sooner terminated. Said Annual Commitment Fee is payable on June 30, 2000 and on June 30th of each and every year thereafter until the Termination Date.
(l) Section 8 (Security) of the Loan Agreement is hereby deleted in its entirety.
(m) A new Section 13.16 shall be and hereby is added to the Loan Agreement as follows:
Annual Commitment Fee. 18 3.7 Changes in Laws and Increased Costs of Loans ........................ 18 3.8
Annual Commitment Fee. There shall be added to the Loan Agreement the following Subsection 2.2(c):
Annual Commitment Fee. An Annual Commitment Fee of $175 will be payable with the submission of your online enrollment for the 2020-2021 school year. Beginning with the 2021-2022 school year, the Annual Commitment Fee will automatically be billed to your FACTS account in March, unless the Notification to Decline Enrollment Form has been submitted. The Annual Commitment Fee will be due by April 1. No refunds of the Annual Commitment Fee will be given after April 1, except for the following circumstances: Moving/relocation 30+ miles away from MCS; disenrollment at the request of MCS; tuition assistance discount is inadequate for current financial situation. Tuition rates are published each January. The following plans for tuition payment are available: • Monthly tuition paid in 12 equal installments, June – May. • Semi-annual tuition, payable in June and January. • Annual tuition, payable in June. All monthly tuition payments are made via electronic funds transfer to FACTS Tuition Management. Payments in full and semi-annual payments can be made directly to the Business Office or paid through your FACTS account. Once the online FACTS agreement is set up, the agreement will be the same each year unless written notice to change the payment plan option is provided to the Business Office.
Annual Commitment Fee. Borrowers agree to pay to Lender an annual commitment fee at a per annum rate equal to twenty five Basis Points (25bps) on the Aggregate Commitment (the "Commitment Fee"). The first payment of the Commitment Fee shall be due in arrears on October 31, 2004 (which payment shall include the Commitment Fee due from the date of this Agreement through and including October 31, 2004, together with a sum equal to the previously unpaid Commitment Fee due and payable by Borrowers under the Original Loan Agreement for the period from July 1, 2003 through and including the date of this Agreement), the second such payment shall be due in arrears on October 31, 2005, and the next such payment (or pro-rated portion thereof) shall be due in arrears on the Facility Termination Date.
Annual Commitment Fee. The Borrower agrees to pay to the Lender an annual commitment fee in the amount of $26,250.00. Said fee shall be due and payable annually on each anniversary date of this Agreement.
Annual Commitment Fee. Borrower shall pay Lender on each anniversary of the "CLOSING DATE" (as defined in the Conditions Precedent Rider) an Annual Commitment Fee in the amount set forth in Section 10.4(b), which fee shall be fully earned as of each such anniversary date.
Annual Commitment Fee. Borrower shall pay to Lender annually a commitment fee equal to Fifty Thousand Dollars ($50,000), payable in advance for each year during which the Tranche B Line is available.