Common use of The Facility Fee Clause in Contracts

The Facility Fee. The Borrower will pay the Bank a facility fee on the Effective Date in the amount of $100,000.00 (the "Facility Fee"), which Facility Fee shall be fully-earned and non-refundable upon payment.

The Facility Fee. The Borrower will pay the Bank a facility fee on the Effective Date in the amount of $100,000.00 20,000.00 (the "Facility Fee"), which Facility Fee shall be fully-earned and non-refundable upon payment.