Commitment Fee and Non-Utilization Fee Sample Clauses

Commitment Fee and Non-Utilization Fee. In order to induce the Lender to enter into this Amendment Number Five, the Borrower hereby agrees to pay to the Lender, in addition to any other amounts required pursuant to the Agreement, an additional Commitment Fee in the aggregate amount of $1,000,000 payable in two equal installments of $500,000 the first such installment payable on the date of this Amendment Number Five and the second installment payable on June 30, 2003, and to continue to pay the Non- Utilization Fee, if applicable, as provided in Section 3.05 of the Loan Agreement. The Lender may, in its sole discretion, net any such additional Commitment Fee or Non-Utilization Fee from the proceeds of any Advance made to the Borrower.