Common use of Additional Loan Fee Clause in Contracts

Additional Loan Fee. Immediately upon any increase in the Maximum Amount, Borrowers shall pay to Lender a fee computed as the product of the Loan Fee Percent and the amount of the increase in the Maximum Amount.

Appears in 3 contracts

Samples: Loan and Security Agreement (Hylete, Inc.), Loan and Security Agreement (Energy Focus, Inc/De), Loan and Security Agreement (LIVE VENTURES Inc)

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Additional Loan Fee. Immediately upon any increase in the Maximum Amount, Borrowers Borrower shall pay to Lender a fee computed as the product of the Loan Fee Percent and the amount of the increase in the Maximum Amount.

Appears in 1 contract

Samples: Loan and Security Agreement (MusclePharm Corp)

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