Fee Authorization. The following procedure will be used for application and distribution of the fee authorization hours and funds:
Fee Authorization. 17.1 The University will provide for employee members the fee authorization program as currently in effect and as may be determined during the term of this Agreement.
Fee Authorization. Borrower shall pay to Lender any and all fees as specified in the "Disbursement Request and Authorization" executed by Xxxxxxxx in connection with this Note. Such fees are non-refundable and shall be due and payable in full immediately upon Xxxxxxxx's execution of this Note. PROMISSORY NOTE Loan No: 7657418442 (Continued) Page 5 ADDITIONAL EVENTS OF DEFAULT. In addition to the Events of Default described herein, the following shall be an Event of Default if applicable: (i) Borrower, any Guarantor or any grantor of collateral fails to comply with any terms or conditions of any agreement with Lender or any Xxxxx Fargo Affiliate; (ii) Borrower or any Guarantor revokes or disputes the validity of any of its liabilities or obligations under any Note, related agreement, or any other agreement with Lender or any Xxxxx Fargo Affiliate; (iii) any change in ownership of an aggregate of twenty-five percent (25%) or more of the common stock, members' equity or other ownership interest in Borrower or any general partner of Borrower or any Guarantor, (iv) the withdrawal, resignation or expulsion of any one or more of the general partners in Borrower or any Guarantor with an aggregate ownership interest in Borrower or such Guarantor of twenty-five percent (25%) or more; or (v) Borrower or any Guarantor or any chairman, CEO, CFO, president, manager or general partner of Borrower or any Guarantor, nor any officer, member, or shareholder with an ownership interest of 25% or more of Borrower or any Guarantor, has been or is convicted of a felony. For purposes of this provision Xxxxx Fargo Affiliate shall mean Xxxxx Fargo & Company and any present or future subsidiary of Xxxxx Fargo & Company.
