Common use of Extension Fee Clause in Contracts

Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender on or before July 17, 2017 an extension fee in the amount of $8,000.00 (the “Extension Fee”). The Extension Fee shall be payable to Lender via wire transfer of immediately available funds on or before July 17, 2017.

Appears in 2 contracts

Samples: Convertible Promissory Note (Omagine, Inc.), Convertible Promissory Note (Omagine, Inc.)

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Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender on or before July September 17, 2017 an extension fee in the amount of $8,000.00 (the “Extension Fee”). The Extension Fee shall be payable to Lender via wire transfer of immediately available funds on or before July September 17, 2017.

Appears in 1 contract

Samples: Convertible Promissory Note (Omagine, Inc.)

Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth hereinAmendment, Borrower agrees to shall pay to Lender on or before July 17Lender, 2017 in immediately available funds, an extension fee in the amount of $8,000.00 18,750.00 (the “Extension Fee”). The Extension Fee , which fee shall be payable to Lender via wire transfer of immediately available funds fully earned on or before July 17, 2017the date hereof.

Appears in 1 contract

Samples: Credit Agreement (Vertical Capital Income Fund)

Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender on or before July 17May 15, 2017 an extension fee in the amount of $8,000.00 10,000.00 (the “Extension Fee”). The Extension Fee shall be payable to Lender via wire transfer of immediately available funds on or before July 17May 15, 2017.

Appears in 1 contract

Samples: Convertible Promissory Note (Omagine, Inc.)

Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender on or before July August 17, 2017 an extension fee in the amount of $8,000.00 (the “Extension Fee”). The Extension Fee shall be payable to Lender via wire transfer of immediately available funds on or before July August 17, 2017.

Appears in 1 contract

Samples: Convertible Promissory Note (Omagine, Inc.)

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Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender on or before July 17, 2017 an extension fee in the amount of $8,000.00 2,500.00 (the “Extension Fee”). The Extension Fee shall be payable added to the Outstanding Balance of the Note. Lender via wire transfer and Borrower acknowledge and agree that the Outstanding Balance as of the date hereof and immediately available funds on or before July 17, 2017following the application of the Extension Fee is $247,500.00.

Appears in 1 contract

Samples: Promissory Note (Vapor Hub International Inc.)

Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender on or before July October 17, 2017 an extension fee in the amount of $8,000.00 (the “Extension Fee”). The Extension Fee shall be payable to Lender via wire transfer of immediately available funds on or before July October 17, 2017.

Appears in 1 contract

Samples: Convertible Promissory Note (Omagine, Inc.)

Extension Fee. In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender on or before July November 17, 2017 an extension fee in the amount of $8,000.00 (the “Extension Fee”). The Extension Fee shall be payable to Lender via wire transfer of immediately available funds on or before July November 17, 2017.

Appears in 1 contract

Samples: Convertible Promissory Note (Omagine, Inc.)

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