Increase Fees Sample Clauses
Increase Fees. In addition to the other fees referenced herein, on December 31, 2013, the Borrower shall pay to the Administrative Agent for the account of each Increasing Lender, an additional fee equal to 15 basis points on the amount by which such Increasing Lender’s Commitment on such date exceeds such Increasing Lender’s Commitment immediately prior to the Amendment Effective Date. Such fees shall be fully earned upon becoming due and payable in accordance with the terms hereof and shall be nonrefundable for any reason whatsoever.
Increase Fees. The statute specifically grants the City the right to use the franchise fee to raise general revenue, and the City has long allocated franchise fee revenue to the City’s general fund. While there are no statutory limits on how the City uses franchise fee revenue, existing budgetary uses of the current amount of fee revenue could be a constraint to redirecting it to new programs.
Increase Fees. Upon any increase in the Borrowing Base, Borrower agrees to pay to Administrative Agent, for the ratable benefit of each Bank based on each Bank's Commitment Percentage, an increase fee equal to one half of one percent (0.5%) of the increase in the Borrowing Base.