Commitment Increase Fee Clause Samples
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Commitment Increase Fee. The Borrower shall pay to each Lender a commitment increase fee, such commitment increase fee to be due and payable on December 31, 1997; provided, however that if (a) the Borrower terminates the Credit Agreement and establishes a successor credit facility with an amount of credit greater than the Credit Agreement on or before December 31, 1997, (b) such Lender is asked to participate in such successor credit facility, and (c) such Lender is paid a commitment fee greater than the amount of the commitment increase fee due under this Section 3 in connection therewith, then the commitment increase fee due under this Section 3 shall be waived with respect to such Lender.
Commitment Increase Fee. Borrowers shall pay to Agent, for the ratable benefit of Lenders, a commitment increase fee of One Hundred Thousand Dollars ($100,000), which commitment increase fee shall be fully earned by and payable on the date when the Maximum Loan Limit has been increased to $50,000,000.
Commitment Increase Fee. A fee shall be payable on the Increase Date by the Original Borrower to the Agent (the "Commitment Increase Fee") which shall be distributed to those Lenders which agree to the increase and those Additional Lenders that agree to provide a Commitment, in accordance with Clauses 10.5 (Approval of Commitment Increase Request) or 10.6 (Partial approval of Commitment Increase Request). The amount of the Commitment Increase Fee shall be agreed between the Original Borrower and the Agent prior to the Commitment Increase Request being submitted to the Agent by the Original Borrower.
Commitment Increase Fee. The Borrowers shall have paid to the Agent, for the ratable benefit of the Lenders which have executed this Amendment, a non-refundable commitment increase fee, which shall be fully earned when paid, in the amount of One Hundred Sixty-Two Thousand Five Hundred Dollars ($162,500); provided however, each such signing Lender’s share of such fee shall be equal to its respective Commitment Percentage of such One Hundred Sixty-Two Thousand Five Hundred Dollars ($162,500).
Commitment Increase Fee. The Borrower shall pay to the Agent, on demand, for distribution to the Lenders the following non-refundable fee: $20,000.00, of which $1,900.00 shall be payable to BOH, $2,000.000 shall be payable to FHB, $4,100.00 shall be payable to CPB and $12,000.00 shall be payable to PCA.
Commitment Increase Fee. As compensation for the Lender to make a Commitment Increase pursuant to the provisions of Section 2-2 above, and as compensation for the Lender's maintenance of sufficient funds available for such purpose, the Lender shall have earned a COMMITMENT INCREASE FEE (so referred to herein) in an amount equal to 0.10% of each Commitment Increase."
Commitment Increase Fee. 11.2.1 If the Commitment is increased pursuant to the provisions of Clause 3 (Increase in the Commitment), then the Borrower shall, as a condition to each increase and prior to each increase taking effect, pay to the Lender, a fee computed at the rate of one per cent. of the amount by which the Commitment will be increased (each an Increase Fee).
11.2.2 Each Increase Fee payable in terms of Clause 11.2.1 shall be paid in Rand and in immediately available, freely transferrable cleared funds in cash by electronic funds transfer into such account as the Lender may advise the Borrower in writing.