Common use of Modification Fee Clause in Contracts

Modification Fee. 1. Borrower shall pay to Bank a modification fee equal to Seven Thousand Five Hundred 00/100 Dollars ($7,500.00), 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 expenses incurred in connection with this amendment to the Existing Loan Documents.

Modification Fee. 1. In consideration of Bank agreeing to this Modification, Borrower shall pay to Bank Bank, on the date of this Modification, a non-refundable modification fee in an amount equal to Seven Thousand Five Hundred and 00/100 Dollars ($7,500.00), 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 expenses incurred in connection with this amendment to the Existing Loan Documents.

Modification Fee. 1. Borrower shall agrees to pay to Bank a modification fee in an amount equal to Seven Two Thousand Five Hundred 00/100 Dollars ($7,500.002,500), which fee shall be due on the date hereof and shall be deemed fully earned as of and payable upon execution of this Amendment and the date hereof. The Borrower shall also reimburse receipt of which by Bank for all legal fees and expenses incurred in connection with this amendment is a condition precedent to the Existing Loan Documentseffectiveness of this Amendment.

Modification Fee. 1. The Borrower shall pay to Bank in consideration of the Bank's commitment to modify the Loan, a non-refundable modification fee equal to Seven Thousand Five Hundred 00/100 Dollars (in the amount of $7,500.00)150.00, which fee shall be due on the date hereof and shall be deemed fully earned as of the date of Bank's commitment, and shall be paid on or before the date hereof. The Borrower shall also reimburse Bank for all legal fees and expenses incurred in connection with this amendment to the Existing Loan Documents.

Modification Fee. 1. The Borrower shall pay to Bank in consideration of the Bank's commitment to modify the Loan, a non-refundable modification fee equal to Seven Thousand Five Hundred 00/100 Dollars (in the amount of $7,500.00)250.00, which fee shall be due on the date hereof and shall be deemed fully earned as of the date of Bank's commitment, and shall be paid on or before the date hereof. The Borrower shall also reimburse Bank for all legal fees and expenses incurred in connection with this amendment to the Existing Loan Documents.