Loan Extension Fee Sample Clauses

Loan Extension Fee. Prior to or contemporaneously with the execution of this Agreement, Daw shall pay U.S. Bank a loan extension fee of $7,500.
AutoNDA by SimpleDocs
Loan Extension Fee. In consideration of this Modification, on or before the date of this Modification, Borrower shall pay to Lender a Loan extension fee in the amount of $75,210.00 (0.15% of $50,140,000.00). Such Loan extension fee shall be fully earned and non-refundable when paid.
Loan Extension Fee. Concurrently with the execution of this Amendment, NCP Eight shall pay Agent a nonrefundable loan fee in the amount of $54,625.
Loan Extension Fee. In consideration of Lender's agreement to enter into this Amendment and provide Borrower with the accommodations described herein, Borrower shall pay to Lender a fee in the amount of $100,000 (the "Loan Extension Fee"). The Loan Extension Fee shall be payable in four (4) monthly payments of $25,000 each, commencing on June 30, 2002 and continuing on the last day of each month thereafter through and including September 30, 2002. If Borrower fails to pay any installment of the Loan Extension Fee when due, the Loan Extension Fee shall increase to $200,000 and the monthly installment payments required above shall be increased so as to effect total payments of $200,000 with respect to the Loan Extension Fee.
Loan Extension Fee. The Borrowers shall have failed to pay to Lender a loan extension fee equal to fifteen basis points (15 bps) of the entire Revolving Loan Commitment and the Term Loan Commitment as of the Effective Date ($112,500), in consideration of Lender’s agreement to modify and extend the Revolving Loan Commitment and the Term Loan Commitment as provided in this Agreement, which fee shall be payable on or before the execution of this Agreement by Lender.
Loan Extension Fee. Lender shall have been paid the Loan Fee and, if applicable, the respective Appeal Extension Fee.
Loan Extension Fee. The sixth full paragraph of the Original Note is deleted and the following is inserted as if originally set forth therein: Loan Extension Fee. Borrower has paid to Bank a loan extension fee in the amount of one half percent (0.5%) of the principal amount of the Loan, or Fifty-Nine Thousand and 00/100 Dollars ($59,000.00)
AutoNDA by SimpleDocs
Loan Extension Fee. Section 2.01. The Company agrees to pay to the Holder a loan fee in the amount of Four Hundred Thousand and No/100 Dollars ($400,000.00) (the “Loan Fee”). The Loan Fee shall be due and payable on the Amendment No. 3 Effective Date. The Loan Fee shall be fully earned as of the Amendment No. 3 Effective Date; provided, however, the Company and Holder acknowledge and agree that in the event that the Company makes a principal reduction payment under the Notes, then Holder shall immediately refund a portion of the Loan Fee to the Company such that the aggregate interest and loan fees to be earned by Holder under the Notes between February 15, 2009 and February 15, 2010 shall be equal to twenty-three and No/100 percent (23.00%) of the outstanding principal balance under the Notes during such period.

Related to Loan Extension Fee

  • Extension Fee If the Borrower exercises its right to extend the Termination Date in accordance with Section 2.12., the Borrower agrees to pay to the Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) of the amount of such Lender’s Commitment (whether or not utilized) at the time of such extension. Such fee shall be due and payable in full on the date the Agent receives the Extension Request pursuant to such Section.

  • Payment of Extension Fee The Borrower shall pay to the Agent for the pro rata accounts of the Lenders in accordance with their respective Commitments an extension fee in an amount equal to fifteen (15) basis points on the Total Commitment in effect on the Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

  • Modification, Extension The issuance of any supplement, modification, amendment, renewal, or extension to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.

  • Amendment; Extension; Waiver At any time prior to the Merger Effective Time, the Parties may, to the extent permitted under applicable Law and except as otherwise set forth herein, (a) amend any provision of this Agreement, (b) extend the time for the performance of any of the obligations or other acts of the other Parties, (c) waive any inaccuracies in the representations and warranties of the other Party contained in this Agreement or in any document delivered pursuant to this Agreement or (d) waive compliance with any of the agreements or conditions contained in this Agreement. Any such amendment of this Agreement shall be valid only if specifically set forth in an instrument in writing signed on behalf of all Parties. Any such grant by a Party of an extension or waiver in respect of any provision of this Agreement shall be valid only if specifically set forth in an instrument in writing by such Party. The failure of any Party to this Agreement to assert any of its rights under this Agreement or otherwise shall not constitute a waiver of those rights. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by Law, except to the extent expressly provided otherwise in Section 9.3 (Fees and Expenses).

  • Extension of the Expiry Date; Non-Extension Advance No earlier than the 60th day and no later than the 40th day prior to the then effective Expiry Date (unless such Expiry Date is on or after the date that is 15 days after the Final Legal Distribution Date for the Class A Certificates), the Borrower shall request that the Liquidity Provider extend the Expiry Date to the earlier of (i) the date that is 15 days after the Final Legal Distribution Date for the Class A Certificates and (ii) the date that is the day immediately preceding the 364th day occurring after the last day of the Consent Period (as hereinafter defined). Whether or not the Borrower has made such request, the Liquidity Provider shall advise the Borrower no earlier than the 40th day (or, if earlier, the date of the Liquidity Provider’s receipt of such request, if any, from the Borrower) and no later than the 25th day prior to the then effective Expiry Date (such period, the “Consent Period”), whether, in its sole discretion, it agrees to so extend the Expiry Date. If the Liquidity Provider advises the Borrower on or before the date on which the Consent Period ends that such Expiry Date shall not be so extended, or fails to irrevocably and unconditionally advise the Borrower on or before the date on which the Consent Period ends that such Expiry Date shall be so extended (and, in each case, if the Liquidity Provider shall not have been replaced in accordance with Section 3.5(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the date on which the Consent Period ends (but prior to the then effective Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b) hereof and Section 3.5(d) of the Intercreditor Agreement.

  • Modification Fee In consideration of the Lenders amending of the Credit Agreement as provided herein, the Borrower agrees to pay to the Agent for the account of each Lender a modification fee in an amount equal to 0.15% of such Lender's Revolving Commitment.

  • Refinancing Preparation Advance; Capitalizing Front-end Fee and Interest (a) If the Loan Agreement provides for the repayment out of the proceeds of the Loan of an advance made by the Bank or the Association (“Preparation Advance”), the Bank shall, on behalf of such Loan Party, withdraw from the Loan Account on or after the Effective Date the amount required to repay the withdrawn and outstanding balance of the advance as at the date of such withdrawal from the Loan Account and to pay all accrued and unpaid charges, if any, on the advance as at such date. The Bank shall pay the amount so withdrawn to itself or the Association, as the case may be, and shall cancel the remaining unwithdrawn amount of the advance.”

  • Interim Extension Amendment a. Prior to or on the expiration date of this Contract, the Parties agree that this Contract can be extended as provided under this Section.

  • PAYMENT OF LOAN FEE Borrower shall pay to Lender a fee in the amount of Five Thousand and 00/100 Dollars ($5,000.00) (the "Loan Fee") plus all out-of-pocket expenses.

  • Extension; Waiver At any time prior to the Effective Time any party hereto may, to the extent legally allowed, (i) extend the time for the performance of any of the obligations or other acts of the other parties hereto, (ii) waive any inaccuracies in the representations and warranties made to such party contained herein or in any document delivered pursuant hereto and (iii) waive compliance with any of the agreements or conditions for the benefit of such party contained herein. Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set forth in an instrument in writing signed on behalf of such party.

Time is Money Join Law Insider Premium to draft better contracts faster.