Common use of Forbearance Fee Clause in Contracts

Forbearance Fee. As a material inducement and partial consideration for Lender’s agreement to enter into this Agreement, and in exchange for the Forbearance, ▇▇▇▇▇▇’s fees incurred in preparing this Agreement, and ▇▇▇▇▇▇’s other accommodations set forth herein, Borrower agrees to pay to Lender a forbearance fee equal to ten percent (10%) of the Outstanding Balance (the “Forbearance Fee”). The Forbearance Fee will be added to the Outstanding Balance upon ▇▇▇▇▇▇▇▇’s execution of this Agreement.

Forbearance Fee. As a material inducement and partial consideration for Lender’s agreement to enter into this Agreement, and in exchange for the Forbearance, ▇▇▇▇▇▇’s fees incurred in preparing this Agreement, and ▇▇▇▇▇▇’s other accommodations set forth herein, Borrower agrees to pay to Lender a forbearance fee equal to ten three and one-quarter percent (103.25%) of the Outstanding Balance (the “Forbearance Fee”). The Forbearance Fee will be added to the Outstanding Balance upon ▇▇▇▇▇▇▇▇’s execution of this Agreement.