Origination Fee Sample Clauses
An Origination Fee clause defines the fee charged by a lender to process and initiate a loan. This fee is typically calculated as a percentage of the total loan amount and is either deducted from the loan proceeds or paid upfront by the borrower. The clause ensures that the lender is compensated for administrative costs and risk assessment associated with originating the loan, providing transparency about upfront costs to the borrower.
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Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.
Origination Fee. The Borrowers shall pay to the Lender on or before the Closing Date a loan origination fee (the “Origination Fee”) in the amount of Forty-three Thousand Seven Hundred Fifty Dollars ($43,750), which fee has been fully earned and is non-refundable.
Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 additional shares of Series B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.
Origination Fee. Borrower shall pay to SWK, for its own account, a fee (the “Origination Fee”) in the amount of equal to $120,000, which Origination Fee shall be deemed fully earned and non-refundable on the Closing Date.
Origination Fee. The Borrower agrees to pay the Bank an origination fee (the "Origination Fee") of $49,800, payable upon execution of this Agreement.
Origination Fee. Contemporaneous with Borrowers execution of this Agreement, Borrowers shall pay Agent, for the pro rata benefit of all Lenders committed to make Term Loans on the Closing Date, a fee in an amount equal to $187,500. All fees payable pursuant to this paragraph shall be deemed fully earned when due and payable and non-refundable as of the Closing Date.
Origination Fee. The Borrower shall pay to the Agent, for the accounts of the Lenders on a pro rata basis, an origination fee (the “Origination Fee”) in an aggregate amount of One Hundred Thousand Dollars ($100,000) on the Closing Date. No portion of the Origination Fee paid to the Agent, for the accounts of the Lenders, shall under any circumstances be refunded to the Borrower.
Origination Fee. Company shall pay ▇▇▇▇▇ Fargo a one time origination fee of $150,000, which shall be fully earned and payable upon the execution of this Agreement.
Origination Fee. The Borrowers shall pay the Lender a fully earned and non-refundable origination fee of $35,000, due and payable upon the execution of this Agreement.
Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Seven Thousand Five Hundred Dollars ($7,500) upon execution of the initial term sheet (which it is hereby acknowledged that such amount was paid by the Company as of the date hereof).