Loan Fee Sample Clauses
A Loan Fee clause defines the fee that a borrower must pay to the lender as a condition of receiving a loan. This fee is typically a fixed amount or a percentage of the loan principal, and it is usually paid upfront or deducted from the loan proceeds at the time of disbursement. The clause ensures that the lender is compensated for processing and providing the loan, covering administrative costs or serving as an additional source of revenue.
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Loan Fee. Borrower agrees to pay Lender a single loan fee per Loan (a “Loan Fee”) equal to $0.001 per Loaned Share. The Loan Fee shall be paid by Borrower on or before the time of transfer of the Loaned Shares pursuant to Section 2(d) on a delivery-versus-payment basis through the facilities of the Clearing Organization.
Loan Fee. Upon execution of this Agreement, the Borrower shall pay to the Lender a non-refundable loan fee in the amount of [ ] and [ ] Dollars ($[ ]).
Loan Fee. The Borrower agrees to pay a loan fee in the amount of Five Thousand and 00/100 Dollars ($5,000.00). This fee is due on the date of this Agreement.
Loan Fee. Borrower will pay the Loan Fee to Lender, without offset, deduction, demand or proration, (a) concurrently with the first Credit Accommodation hereunder (the "Loan Fee Date") and (b) on each anniversary of the Loan Fee Date. Any portion of the Loan Fee not paid when due shall accrue interest at the applicable interest rate set forth herein.
Loan Fee. Borrower has paid, and Bank hereby acknowledges receipt of a loan fee in the amount of Twenty-five Thousand Dollars ($25,000.00).
Loan Fee. Borrower shall pay a fee of $20,000 to Lender in connection with the origination of this Agreement upon the execution of this Agreement. Thereafter, Borrower shall pay the following maintenance fees to Lender: $8,750 on September 1, 2020, $35,000 on April 1, 2021, $35,000 on April 1, 2022, $35,000 on April 1, 2023, and $35,000 on April 1, 2024. is hereby amended and restated to read in its entirety as follows:
Loan Fee. The Borrower agrees to pay a loan fee in the amount of Thirty Thousand Dollars ($30,000). This fee is due on the date of this Agreement.