Common use of Termination Fee; Reduction Fee Clause in Contracts

Termination Fee; Reduction Fee. (i) Notwithstanding the foregoing and anything set forth herein or in the Agreement to the contrary, the City hereby agrees to pay to the Bank a non-refundable termination fee in connection with any termination or replacement of the Agreements by the City prior to the Final Stated Expiration Date in an amount equal to the product of

Appears in 4 contracts

Samples: services.austintexas.gov, services.austintexas.gov, Revolving Credit Agreement

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