Release Fee. If permitted by applicable law Grantor shall pay to Holder, at the time of complete release of the lien of this County Deed of Trust, a release fee in the amount of Twenty-Five and No/100 Dollars ($25.00) if the release instrument is delivered to Holder for execution or Fifty and No/100 Dollars ($50.00), if Holder is required to prepare the release instrument. In addition, Grantor shall pay to Holder a fee in the amount of Twenty-Five and No/100 Dollars ($25.00) for each other document or instrument which Grantor requires the Trustee to execute.
Release Fee. Borrower shall pay to Lender an administrative release fee equal to $10 (the “Release Fee”) for each Pledged Interval sold or otherwise released. Such Release Fee shall be due and payable to Lender whether or not a Release Price is due and payable to Lender and whether or not all Obligations have been paid in full.
Release Fee. If permitted by applicable law Mortgagor shall pay to Mortgagee, at the time of each partial or complete release of the lien of this Mortgage, a release fee in the amount of $25.00 if the release instrument is delivered to Mortgagee for execution or $50.00, if Mortgagee is required to prepare the release instrument. In addition, Mortgagor shall pay to Mortgagee a fee in the amount of $25.00 for each other document or instrument which Mortgagor requires the Mortgagee to execute.
Release Fee. Any fee or amount required to be paid by an Applicable Underlying Borrower to Borrower in consideration for the release of all or a portion of any Applicable Underlying Loan Collateral from the Lien of a Construction Mortgage or an Inventory Mortgage or any other Lien in favor of Borrower. For purposes of this Agreement, the term "Release Fee" shall include any other payments, however denominated, required to be made by an Applicable Underlying Borrower to Borrower upon the sale of an Interval at an Applicable Resort, pursuant to the Applicable Underlying Loan Documents.
Release Fee. In consideration of the release described in Section 1.3(a) above, and as one of the conditions precedent thereto, each Seller hereby jointly and severally agrees to pay to Lender a collateral release fee (the “Release Fee”) in the amount of $260,343.00 in immediately available funds on the date of the IPO Payment.
Release Fee. In exchange for the release of all claims as provided in Paragraph 3(a) below, the Company hereby agrees that it shall deliver as a release fee the sum of $1,387,500.00 in accordance with the terms of this Paragraph 1. The Company shall deliver to Avalon, by 1:00 p.m. C.D.T. on Friday, April 30, 1999, the sum of $1,387,500.00 by wire transfer to the account of Avalon, as follows: First Metro Bank 000 X. Xxxxxx Xxxxxx Xxxxxx Xxxxxx, Xxxxxxx ABA Routing No. 0622-03955 For Deposit to: Xxxxxx Companies, Inc. Account No. 00000000
Release Fee. Within ten days after the full execution of an Approved Lease, Tenant shall pay Landlord a fee as additional rent (the “Release Fee”) in an amount equal to the sum of (x) all legal and consulting fees and costs incurred by Landlord in connection with the Approved Lease, plus (y) the present value (applying a [...***...] annual discount rate) of (i) the difference between [...***...] and [...***...] for the remainder of the Term on account of [...***...] minus [...***...] for the same period (taking into account any [...***...] under the Approved Lease), plus (ii) the estimated [...***...] that would have been paid or payable by Tenant under the Lease if [...***...] minus [...***...], as reasonably determined by Landlord. If the Release Fee determined under this paragraph for any Approved Lease is a negative number, then such amount will be credited to the Project Renovation Costs and the parties will re-amortize such credit into the remaining period of the Clause (b) Rent; but, if the Clause (b) Rent is exhausted, the excess credit will be divided by the number of full months remaining in the Term and Basic Monthly Rent will be reduced by such monthly amount.
Release Fee. The Release Fee is calculated by applying the applicable royalty rate as set forth in the below categories to the number of products Sold prior to the Effective Date, that would under this Agreement constitute Licensed Products, taking into account the calculation parameters as stated for the respective category, and multiplying the result by the applicable Royalty Multiplier (as defined below).
Release Fee. The Borrower agrees that if the Agent's Liens in any Fonda Fixed Assets Collateral is released in connection with the isxxxxxe of the Senior Refinancing Notes as contemplated by Section 6.1 of the Loan and Security Agreement as amended hereby, then the Borrower shall, on the first Business Day of the month following the month in which such release is effected, pay to the Agent for the ratable benefit of the Lenders a release fee in the amount of $800,000. The release fee shall be fully earned upon the release of the Agent's Liens in any Fonda Fixed Assets Collateral as aforesaid and shall be non-refundaxxx.
