Common use of Option Fee Clause in Contracts

Option Fee. Within fifteen (l5)days of the Effective Date of this Agreement, OPTIONEE shall pay CCF a nonrefundable fee equal to thirty-six thousand dollars ($36,000).

Option Fee. Within fifteen (l5)days l5) days of the Effective Date of this Agreement, OPTIONEE shall pay CCF a nonrefundable fee equal to thirty-six thousand dollars ($36,000).