Common use of Origination Fee Clause in Contracts

Origination Fee. On the date hereof, the Borrower agrees to pay to the Bank an origination fee (the "Origination Fee") in the amount of $30,000 .

Appears in 1 contract

Sources: Revolving Credit Agreement (Credit Store Inc)

Origination Fee. On In consideration of the date hereofrenewal and increase of the Maximum Credit contemplated herein, the Borrower agrees to shall pay to the Bank an origination fee (the "Origination Fee") in the amount of $30,000 50,000.00, said fee to be due and payable upon the execution and delivery of this Agreement.

Appears in 1 contract

Sources: Revolving Loan and Security Agreement (Emcore Corp)

Origination Fee. On the date hereof, the Borrower acknowledges and agrees to pay that it is paying an origination fee to the Bank an of Twenty-Thousand ($20,000.00) Dollars, which origination fee (shall be due and paid in full upon closing of the "Origination Fee") in the amount of $30,000 Revolving Loan.

Appears in 1 contract

Sources: Loan Agreement (American Church Mortgage Co)

Origination Fee. On the date hereof, the Borrower agrees to pay to the Bank Lender an origination fee (the "Origination Fee") in the amount of $30,000 60,000.00 (which $10,000.00 has been received) in connection with Loan Facility B (304761-073489-225482), which shall be due and payable upon the closing date of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Lake Area Corn Processors LLC)

Origination Fee. On Upon the date hereofexecution and delivery of this Agreement by the Borrower and the Lender, the Borrower agrees to shall pay to the Bank an origination Lender a fee (the "Origination Fee") in an amount equal to $36,000 in immediately available funds. Once paid, the amount of $30,000 Origination Fee shall not be refundable to the Borrower, in whole or in part, for any reason.

Appears in 1 contract

Sources: Loan and Security Agreement (Lexington Healthcare Group Inc)

Origination Fee. On the date hereof, the Borrower agrees Borrowers agree to pay to the Bank an a loan origination fee of $12,000 (the "Origination Fee") ), which Origination Fee has been fully earned and is non-refundable in whole or in part. Bank acknowledges receipt of an initial installment payment of the Origination Fee in the amount of $30,000 6,000. The remaining balance of the Origination Fee in the amount of $6,000 is payable in full on the date hereof.

Appears in 1 contract

Sources: Loan and Security Agreement (Berger Holdings LTD)

Origination Fee. On the date hereof, the The Borrower agrees to shall pay to the Bank an a --------------- non-refundable origination fee (the "Origination Fee") in the amount of $30,000 35,000 on or prior to the date of execution of this Agreement.

Appears in 1 contract

Sources: Loan Agreement (Facilicom International Inc)

Origination Fee. On the date hereof, the The Borrower agrees to shall pay to the Bank an origination fee (for the "Origination Fee") Revolving Loans in the amount of Forty Thousand Dollars ($30,000 40,000). The origination fee shall represent an unconditional payment to Bank in consideration of Bank’s agreement to extend financial accommodations to Borrower pursuant to this Agreement. The payment of this fee is satisfied by the payment of the loan amendment fee paid to Bank by Borrower pursuant to the Second Amendment to Revolving Credit Agreement dated June 15, 2010, between Borrower and Bank.

Appears in 1 contract

Sources: Credit Agreement (Us Ecology, Inc.)

Origination Fee. Borrower shall pay to Lender an origination fee of $15,750.00, which fee shall be fully earned and payable on the disbursement of the initial Loan hereunder. On the first anniversary date hereofof this Agreement, the Borrower agrees to shall pay to Lender an additional fee equal to 0.25% of the Bank an origination fee (the "Origination Fee") in the amount of $30,000 previous year's average Loan balance.

Appears in 1 contract

Sources: Loan and Security Agreement (American Church Mortgage Co)

Origination Fee. On the date hereof, the The Borrower agrees to shall pay to the Bank an origination fee (for the "Origination Fee") Revolving Loans in the amount of Thirty Thousand Dollars ($30,000 30,000). The origination fee shall be paid on the date of this Agreement. The origination fee shall represent an unconditional payment to Bank in consideration of Bank’s agreement to extend financial accommodations to Borrower pursuant to this Agreement.

Appears in 1 contract

Sources: Revolving Credit Agreement (American Ecology Corp)

Origination Fee. On In addition to accruing interest on the date hereofLoan, and all other fees and expenses payable by Borrowers to Bank under the Borrower agrees Loan Documents, Borrowers have agreed to pay to the Bank an origination fee (the "Origination Fee") in the amount of One Hundred Thousand and No/100 Dollars ($30,000 100,000.00) (“Origination Fee”). The Origination Fee shall be due and payable upon the closing of the Loan. This fee is non-refundable and shall not be applied to any other Indebtedness of Borrowers to Bank.

Appears in 1 contract

Sources: Loan Agreement (Advanced Emissions Solutions, Inc.)

Origination Fee. On the date hereof, the The Borrower agrees to shall pay to the Bank an origination fee (for the "Origination Fee") Revolving Loans in the amount of Sixteen Thousand Dollars ($30,000 16,000). The origination fee shall be paid on the date of this Agreement. The origination fee shall represent an unconditional payment to Bank in consideration of Bank's agreement to extend financial accommodations to Borrower pursuant to this Agreement.

Appears in 1 contract

Sources: Credit Agreement (American Ecology Corp)

Origination Fee. On the date hereof, the The Borrower agrees to shall pay to the Bank an origination fee (for the "Origination Fee") Revolving Loans in the amount of Ten Thousand Dollars ($30,000 10,000). The origination fee shall be paid on the date of this Agreement. The origination fee shall represent an unconditional payment to Bank in consideration of Bank's agreement to extend financial accommodations to Borrower pursuant to this Agreement.

Appears in 1 contract

Sources: Lease Agreement (American Ecology Corp)

Origination Fee. On the date hereof, the Borrower agrees to shall pay to the Bank an origination fee (for the "Origination Fee") Term Loan in the amount of Thirty-five Thousand Dollars ($30,000 35,000). The origination fee shall be paid on the date of this Agreement. The origination fee is an unconditional payment to Bank in consideration of Bank's agreement to extend financial accommodations to Borrower pursuant to this Agreement.

Appears in 1 contract

Sources: Term Loan Agreement (American Ecology Corp)

Origination Fee. On In consideration of the date hereofBank’s agreement to extend the Loans to the Borrowers, the Borrower agrees to Borrowers shall pay to the Bank an origination fee (the "Origination Fee") Fee in the amount of $30,000 19,750.00, $5,000.00 of which was paid to the Bank on March 26, 2013, and $14,750.00 of which shall be paid to the Bank at Closing. No portion of the Origination Fee shall be refundable.

Appears in 1 contract

Sources: Loan Agreement (Saker Aviation Services, Inc.)

Origination Fee. On the date hereof, the The Borrower agrees to shall pay to the Bank an origination fee (the "Origination Fee") in the amount of $30,000 1,500.00, which shall be paid at closing, and which shall be deemed to be earned upon payment by the Borrower.

Appears in 1 contract

Sources: Credit Agreement (American Caresouce Holdings, Inc.)

Origination Fee. On the date hereofBorrower shall pay, the Borrower agrees to pay as a condition precedent to the Bank an Loans, a “loan origination fee fee” equal to one-quarter of one percent (the "Origination Fee"0.25%) in of the amount of $30,000 each of the Loans. The origination fee shall be payable at the time of each advance of the Loan evidenced by a respective Note by reducing the amount to be disbursed by Lender to Borrower upon the execution of each Note by the amount of the loan origination fee with respect to such Loan.

Appears in 1 contract

Sources: Master Loan Agreement (Allegiant Travel CO)

Origination Fee. On the date hereof, the Borrower agrees to shall pay to the Bank Lender an origination fee in an amount equal to one percent (1%) of the "Origination Fee") face amount of the Accounts Receivable Note. No portion of such fee shall be refunded in the event of early termination of this Loan and Security Agreement or any termination or reduction of the right of Borrower to request advances under this Loan and Security Agreement. Lender is authorized and directed, upon execution of this Loan and Security Agreement and fulfillment of all conditions precedent hereunder, to disburse a sufficient amount of $30,000 the Loan proceeds to pay the origination fee in full.

Appears in 1 contract

Sources: Loan and Security Agreement (Sielox Inc)

Origination Fee. On the date hereof, the The Borrower agrees to pay to the Bank an origination fee (the "Origination Fee") in the amount of $30,000 49,800, payable upon execution of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Factual Data Corp)

Origination Fee. On In addition to interest on the date hereofRevolving Credit Note and the Commitment Fee payable hereunder and to compensate the Bank for the costs of the extension of credit hereunder, the Borrower agrees to Borrowers shall pay to the Bank an origination fee (the "Origination Fee") in the amount of Twelve Thousand Five Hundred Dollars ($30,000 12,500.00), payable upon the execution of this Agreement.

Appears in 1 contract

Sources: Loan Agreement (Resource America Inc)

Origination Fee. On the date hereof, the The Borrower agrees to shall pay to the Bank on the Closing Date an origination fee (the "Origination Fee") in an amount equal to $150,000; provided that the amount $20,000 non-refundable deposit paid by the Borrower to the Bank prior to the date of $30,000 this Agreement shall be credited against the Origination Fee.

Appears in 1 contract

Sources: Credit Agreement (Buca Inc /Mn)

Origination Fee. On the date hereof, the Borrower agrees to shall pay to the Bank an origination fee (the "Origination Fee") in the amount equal to 1/4 of 1% of $30,000 45,000,000.00. Bank will credit such origination fee to any origination fee due by Borrower in connection with any facility made available by Bank (or by Bank and one or more other lenders pursuant to which Bank is the agent) to amend, restate or take out the Line of Credit (a "Restated Facility"). Nothing contained in this Section 2.06 shall be construed to constitute a commitment by Bank to make available a Restated Facility or any other loan.

Appears in 1 contract

Sources: Loan Agreement (Superior Energy Services Inc)