Common use of Loan Fees and Charges Clause in Contracts

Loan Fees and Charges. In addition to all other agreed upon fees and charges, pay the following: $15,000.00 PLUS ANY OUT-OF-POCKET COSTS ASSOCIATED WITH THE CLOSING OF THIS TRANSACTION. Loan Proceeds. Use all Loan proceeds solely for Xxxxxxxx's business operations, unless specifically consented to the contrary by Xxxxxx in writing. Taxes, Charges and Liens. Pay and discharge, when due all of its indebtedness and obligations, including without limitation all assessments, taxes, governmental charges, levies and liens, of every kind and nature, imposed upon Borrower or its properties, income, or profits, prior to the date on which penalties would attach, and all lawful claims that, if unpaid, might become a lien or charge upon any of Borrower's properties, income, or profits. Provided however, Xxxxxxxx will not be required to pay and discharge any such assessment, tax, charge, xxxx, xxxx or claim so long as (a) the legality of the same shall be contested in good faith by appropriate proceedings, and (b) Borrower shall have established on its books adequate reserves with respect to such contested assessment, tax, charge, levy, lien, or claim in accordance with generally accepted accounting practices. Xxxxxxxx, upon demand of Lender, will furnish to Lender evidence of payment of the assessments, taxes, charges, levies, liens and claims and will authorize the appropriate governmental official to deliver to Lender at any time a written statement of any assessments, taxes, charges, levies, liens and claims against Xxxxxxxx's properties, income or profits.

Loan Fees and Charges. In addition to all other agreed upon fees and charges, pay the following: $15,000.00 PLUS ANY OUT-OF-POCKET COSTS ASSOCIATED BORROWER AGREES TO PAY LENDER, PRIOR TO OR CONTEMPORANEOUSLY WITH THE CLOSING INITIAL ADVANCE OF THIS TRANSACTION. Loan ProceedsLOAN PROCEEDS, A NONREFUNDABLE LOAN FEE IN THE AMOUNT OF $18,750.00 LOAN PROCEEDS. Use all Loan proceeds solely for XxxxxxxxBorrower's business operations, unless specifically consented to the contrary by Xxxxxx Lender in writing. TaxesTAXES, Charges and LiensCHARGES AND LIENS. Pay and discharge, discharge when due all of its indebtedness and obligations, including without limitation all assessments, taxes, governmental charges, levies and liens, of every kind and nature, imposed upon Borrower or its properties, income, or profits, prior to the date on which penalties would attach, and all lawful claims that, if unpaid, might become a lien or charge upon any of Borrower's properties, income, or profits. Provided however, Xxxxxxxx Borrower will not be required to pay and discharge any such assessment, tax, charge, xxxx, xxxx or claim so long as (a) the legality of the same shall be contested in good faith by appropriate proceedings, and (b) Borrower shall have established on its books adequate reserves with respect to such contested assessment, tax, charge, levy, lien, or claim in accordance with generally accepted accounting practices. XxxxxxxxBorrower, upon demand of Lender, will furnish to Lender evidence of payment of the assessments, taxes, charges, levies, liens and claims and will authorize the appropriate governmental official to deliver to Lender at any time a written statement of any assessments, taxes, charges, levies, liens and claims against XxxxxxxxBorrower's properties, income income, or profits.

Loan Fees and Charges. In addition to all other agreed upon fees and charges, pay the following: $15,000.00 PLUS ANY OUTOPERATING LINE: .25% NON-OF-POCKET COSTS ASSOCIATED WITH USAGE FEE BASED ON THE CLOSING UNUSED PORTION OF THIS TRANSACTIONTHE LINE COMMITMENT, ACCRUING MONTHLY AND PAID QUARTERLY IN ARREARS; INDIVIDUAL STANDBY LETTER OF CREDIT FEE: 1.5% PER ANNUM. Loan ProceedsLOAN PROCEEDS. Use all Loan proceeds solely for Xxxxxxxx's business operationsthe following specific purposes: LINE OF CREDIT FOR OPERATING PURPOSES AND TO SUPPORT THE ISSUANCE OF STANDBY LETTER OF CREDIT. TAXES, unless specifically consented to the contrary by Xxxxxx in writing. Taxes, Charges and LiensCHARGES AND LIENS. Pay and discharge, discharge when due all of its indebtedness and obligations, including without limitation all assessments, taxes, governmental charges, levies and liens, of every kind and nature, imposed upon Borrower or its properties, income, or profits, prior to the date on which penalties would attach, and all lawful claims that, if unpaid, might become a lien or charge upon any of Borrower's properties, income, income or profits. Provided however, Xxxxxxxx will Borrxxxx xxxl not be required to pay and discharge any such assessment, tax, charge, xxxxlevy, xxxx or xx claim so long as (a) the legality of the same shall be contested in good faith by appropriate proceedings, and (b) Borrower shall have established on its books adequate reserves with respect to such contested assessment, tax, charge, levy, lien, or claim in accordance with generally accepted accounting practices. XxxxxxxxBorrxxxx, upon xxon demand of Lender, will furnish to Lender evidence of payment of the assessments, taxes, charges, levies, liens and claims and will authorize the appropriate governmental official to deliver to Lender at any time a written statement of any assessments, taxes, charges, levies, liens and claims against Xxxxxxxx's propertiesBorrxxxx'x xroperties, income income, or profits.

Loan Fees and Charges. In addition to all other agreed upon fees and charges, pay the following: BORROWER AGREES TO PAY LENDER A NONREFUNDABLE LOAN FEE (FOR LETTER OF CREDIT) IN THE AMOUNT OF $15,000.00 PLUS ANY OUT-OF-POCKET COSTS ASSOCIATED WITH THE CLOSING OF THIS TRANSACTION. Loan Proceeds. Use all Loan proceeds solely for Xxxxxxxx's business operations, unless specifically consented to the contrary by Xxxxxx in writing59,933.00. Taxes, Charges and Liens. Pay and discharge, discharge when due all of its indebtedness and obligations, including without limitation all assessments, taxes, governmental charges, levies and liens, of every kind and nature, imposed upon Borrower or its properties, income, or profits, prior to the date on which penalties would attach, and all lawful claims that, if unpaid, might become a lien or charge upon any of Borrower's properties, income, or profits. Provided however, Xxxxxxxx Borrower will not be required to pay and discharge any such assessment, tax, charge, xxxxlevy, xxxx or xx claim so long as (a) the legality of the same shall be contested in good faith by appropriate proceedings, and (b) Borrower shall have established on its books adequate reserves with respect to such contested assessment, tax, charge, levy, lien, or claim in accordance with generally accepted accounting practices. XxxxxxxxBorrower, upon demand of Lender, will furnish to Lender evidence of payment of the assessments, taxes, charges, levies, liens and claims and will authorize the appropriate governmental official to deliver to Lender at any time a written statement of any assessments, taxes, charges, levies, liens and claims against XxxxxxxxBorrower's properties, income income, or profits.