Common use of Fees and Premiums Clause in Contracts

Fees and Premiums. (a) The Borrower shall pay the Closing Fee to the Lender simultaneously with the execution and delivery of this Agreement. The Closing Fee shall be deemed fully earned upon the parties’ execution and delivery of this Agreement, and shall not be refundable in whole or in part and shall not be subject to reduction or set-off under any circumstances.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Lapolla Industries Inc), Revolving Credit and Term Loan Agreement (Lapolla Industries Inc), Agreement (Unify Corp)

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Fees and Premiums. (a) The Borrower Borrowers shall pay the Closing Fee to the Lender simultaneously with on the Closing Date upon the execution and delivery of this AgreementAgreement in accordance with the Fee Letter. The Closing Fee shall be deemed fully earned upon the parties’ execution and delivery of this Agreement, and shall not be refundable in whole or in part and shall not be subject to reduction or set-off under any circumstances.

Appears in 1 contract

Samples: Credit and Security Agreement (Primo Water Corp)

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