Common use of Modification Fee Clause in Contracts

Modification Fee. In consideration for Bank's willingness to enter into this Modification, Borrower shall pay to Bank in cash, as a non-refundable fee, the sum of Fifty Thousand Dollars ($50,000) on or before the Effective Date, (the "Modification Fee").

Modification Fee. In consideration for Bank's willingness to enter into this Modification, Borrower shall pay to Bank in cash, as a non-refundable fee, the sum modification fee of Fifty Thousand Dollars ($50,000) on or before the Effective Date, (the "Modification Fee")7,500 upon execution of this Sixth Modification.

Modification Fee. In consideration for Bank's willingness to enter into this Modification, 1. Borrower shall pay to Bank in cash, as a non-refundable fee, the sum of Fifty modification fee equal to Seven Thousand Five Hundred 00/100 Dollars ($50,000) 7,500.00), which fee shall be due on or before the Effective Date, (date hereof and shall be deemed fully earned as of the "Modification Fee")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. In consideration for Bank's willingness of Bank agreeing to enter into this Modification, Borrower shall pay to Bank in cashBank, as on the date of this Modification, a non-refundable fee, the sum of Fifty modification fee in an amount equal to Seven Thousand Five Hundred and 00/100 Dollars ($50,000) on or before the Effective Date, (the "Modification Fee"7,500.00).