Work Fee. The Borrower will pay to the Lender a work fee equal to $60,000, being 1% of the Loan amount, which will be payable at the earlier of January 23, 2015 and Closing. For greater certainty, the said fee is payable whether or not Closing occurs.
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Samples: Loan Agreement (Synergy CHC Corp.), Loan Agreement (Synergy CHC Corp.), Loan Agreement (Synergy Strips Corp.)
Work Fee. The Borrower will pay to the Lender a cash work fee equal to $60,00010,000, being 1% of the Loan amount, which will be payable at on the earlier of January 23, 2015 and ClosingClosing Date. For greater certainty, the said fee is payable whether or not the Closing Date occurs.
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