Common use of Modification Fee Clause in Contracts

Modification Fee. The Borrower shall have paid to the Bank in immediately available funds a modification fee in the amount of $5,000, which fee shall be deemed fully earned and non-refundable once paid.

Appears in 3 contracts

Sources: Reimbursement and Credit Agreement (Trex Co Inc), Reimbursement and Credit Agreement (Trex Co Inc), Reimbursement and Credit Agreement (Trex Co Inc)

Modification Fee. The Borrower shall have paid to the Bank in immediately available funds a modification fee in the amount of $5,00025,000, which fee shall be deemed fully earned and non-refundable once paid.

Appears in 1 contract

Sources: Reimbursement and Credit Agreement (Trex Co Inc)

Modification Fee. The Borrower Debtor shall have paid to the Bank Beneficiary in immediately available funds a modification fee in the amount of $5,000, which fee shall be deemed fully earned and non-refundable once paid.

Appears in 1 contract

Sources: Land Deed of Trust (Trex Co Inc)

Modification Fee. The 1. Borrower shall have paid pay to the Bank in immediately available funds a modification fee in the amount of equal to Seven Thousand Five Hundred 00/100 Dollars ($5,0007,500.00), which fee shall be due on the date hereof and shall be deemed fully earned as of the date hereof. The Borrower shall also reimburse Bank for all legal fees and non-refundable once paidexpenses incurred in connection with this amendment to the Existing Loan Documents.

Appears in 1 contract

Sources: Loan Modification Agreement (Seachange International Inc)