Upfront Structuring Fee Clause Samples
The Upfront Structuring Fee clause defines a payment required at the outset of a transaction to compensate a party, typically a lender or arranger, for the work involved in designing and organizing the deal. This fee is usually paid upon signing or closing and is separate from other ongoing fees or interest payments. By specifying this fee, the clause ensures that the structuring party is compensated for their initial efforts and expertise, addressing the need for clear and timely remuneration for preparatory services.
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Upfront Structuring Fee. The Borrower shall pay the Lender an upfront structuring fee equal to 2.00% of the Commitment. This fee shall be payable on the Closing Date as provided in Section 2.03.
