Customary Fees Clause Examples

The 'Customary Fees' clause defines the standard charges or rates that are typically accepted within a particular industry or profession for specific services or goods. In practice, this clause ensures that any fees charged under the agreement align with what is generally considered reasonable and customary in the relevant market, preventing overcharging or unexpected costs. Its core function is to provide a benchmark for acceptable pricing, thereby protecting parties from unfair or excessive fees and promoting transparency in financial arrangements.
Customary Fees. Broker shall retain, as additional compensation or commission, customary fees collected, including but not limited to: late fees, returned check fees, legal notice charges, administrative fees, tenant application fees, etc.
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Customary Fees. Borrower also shall pay to Lender such other usual and customary fees associated with any transfers, amendments, drawings, negotiations or reissuances of any Letters of Credit.
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Customary Fees. The Borrower agrees to pay to the -------------- Agent, solely for the Agent's own account, upon demand, its customary fees, from time to time in effect, in respect of Letters of Credit issued by the Agent. Such fees shall include all amendment fees, fees in respect of the examination of documents and fees for other administrative matters.
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Customary Fees. 43- SECTION 3.11. Forms of Drafts ......................................... -43
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Customary Fees. 48 SECTION 3.11. Forms of Drafts . . . . . . . . . . . . . . . . 48
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Customary Fees. See definition in Section 9.2.2.
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Customary Fees. Pay to the Administrative Agent for its own account, on demand, all usual and customary fees and expenses which the Administrative Agent incurs in connection with the establishment and maintenance of the Lockbox and the Blocked Account of the Co-Borrowers. The Administrative Agent may, without making demand therefore, debit the Co-Borrowers' account for all such fees and expenses."
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Related to Customary Fees

  • Program Fees Stripe will provide the Issuing Platform Services to you and the Stripe Issuing Services to Stripe Issuing Accountholders at the rates and for the fees described on the Stripe Pricing Page, unless you and Stripe otherwise agree in writing. In addition to the fees, you are also responsible for any penalties imposed on you or Stripe in relation to your use of the Issuing Platform Services. Fees and penalties may include periodic fees, foreign transaction fees, penalties for misuse, funds transfer fees, account maintenance fees, Card issuance or replacement fees, and penalties for late or failed payments. All fees or penalties you owe are in addition to amounts owed for Card Transactions and Card accounts associated with each Stripe Issuing Account. Stripe may change fees or penalties by providing Stripe Issuing Accountholder advance notice before revisions become applicable to Stripe Issuing Accountholder, subject to Law.

  • Advisory Fees There is no investment banker, broker, finder or other intermediary or advisor that has been retained by or is authorized to act on behalf of the Buyer who might be entitled to any fee, commission or reimbursement from the Sellers.

  • Processing Fees The Borrower acknowledges that processing fee as mentioned in the Schedule hereto has been paid by the Borrower.

  • Facility Fees (i) The Borrower shall pay to the Administrative Agent for the account of each Tranche 1 Lender in accordance with its Applicable Tranche 1 Percentage, a ticking fee (the “Tranche 1 Ticking Fee”) equal to the Applicable Rate times the actual daily outstanding principal amount of the Aggregate Tranche 1 Commitments subject to adjustment as provided in Section 2.17. The Tranche 1 Ticking Fee shall accrue commencing on August 15, 2021 to the end of the Availability Period, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Effective Date, and on the last day of the Availability Period. The Tranche 1 Ticking Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. (ii) The Borrower shall pay to the Administrative Agent for the account of each Tranche 2 Lender in accordance with its Applicable Tranche 2 Percentage, a ticking fee (the “Tranche 2 Ticking Fee”) equal to the Applicable Rate times the actual daily outstanding principal amount of the Aggregate Tranche 2 Commitments subject to adjustment as provided in Section 2.17. The Tranche 2 Ticking Fee shall accrue commencing on August 15, 2021 to the end of the Availability Period, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Effective Date, and on the last day of the Availability Period. The Tranche 2 Ticking Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • Collection Fees If this note is placed with a legal representative for collection, then Borrower agrees to pay an attorney's fee of fifteen percent (15%) of the voluntary balance. This fee will be added to the unpaid balance of the loan.