Common use of Exchange Fee Clause in Contracts

Exchange Fee. Notwithstanding any other provision herein set forth, a fee equal to $5,000 shall be payable by the exchanging Noteholder to the Exchange Administrator in connection with each exchange. Such fee must be received by the Exchange Administrator no later than one Business Day prior to the exchange date or such exchange will not be effected. In addition, any Holder wishing to effect an exchange must pay any other expenses related to such exchange, including any fees charged by DTC.