Modification and Extension Fee Sample Clauses
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Modification and Extension Fee. The Borrower shall pay to the Bank on the date this Sixteenth Amendment is executed, an amendment and extension fee equal to $25,000.00, which fee, once paid, shall be fully earned and non-refundable.
Modification and Extension Fee. The Borrower shall pay to the Bank on the date this Ninth Amendment is executed, an amendment and extension fee equal to $10,000.00, which fee, once paid, shall be fully earned and non-refundable.
Modification and Extension Fee. Borrowers, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, KeyBank and Agent hereby acknowledge and agree Borrowers shall pay to Agent on behalf of the Banks a modification and extension fee in the amount of One Hundred Sixty Five Thousand and no/100 Dollars($165,000.00) (the “Modification and Extension Fee”). The Modification and Extension Fee shall be fully earned when paid and non-refundable under any circumstances.
Modification and Extension Fee. The Borrower shall pay to the Bank on the date this Sixth Amendment is executed, an amendment and extension fee equal to $5,000.00, which fee, once paid, shall be fully earned and non-refundable.
Modification and Extension Fee. Borrowers, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, KeyBank and Agent hereby acknowledge and agree Borrowers shall pay to Agent on behalf of the Banks (i) a modification and extension fee in the amount of One Hundred Sixty Five Thousand and no/100 Dollars($165,000.00) (the “Modification and Extension Fee”) and (ii) a deferred loan fee in the amount of Two Hundred Sixty Five Thousand One Hundred Sixty Two and 02/100 Dollars ($265,162.02) (the “Deferred Loan Fee), which Modification and Extension Fee and Deferred Loan Fee shall be due and payable on the earlier to occur of (a) the sale or other disposition of the South Alameda Property or (b) the Maturity Date. The Modification and Extension Fee shall be fully earned when paid and non-refundable under any circumstances.
Modification and Extension Fee. Contemporaneous with the effectiveness of this Amendment, Electroglas is paying to BNPLC (or authorizing BNPLC to pay itself from a Construction Advance) a one time fee (the "MODIFICATION AND EXTENSION FEE") as provided under the heading "Upfront Fee" in the Construction Commitment Letter. BNPLC's receipt of the Modification and Extension Fee will not reduce the Stipulated Loss Value, and any income taxes payable on the Modification and Extension Fee by BNPLC shall constitute "Excluded Taxes" under the Lease, as amended hereby.
Modification and Extension Fee. The Borrower shall have paid to Lender a modification and extension fee in the amount of $42,500.00.