Modification and Extension Fee Sample Clauses

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.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
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.
Sample 1
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.
Sample 1
Modification and Extension Fee. Borrowers, Xxxxxxx Xxxxxxx, 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.
Sample 1
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.
Sample 1
Modification and Extension Fee. The Borrower shall have paid to Lender a modification and extension fee in the amount of $42,500.00.
Sample 1
Modification and Extension Fee. Borrowers, Xxxxxxx Xxxxxxx, 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.
Sample 1
AutoNDA by SimpleDocs

Related to Modification and Extension Fee

  • Modification, Extension The issuance of any supplement, modification, amendment, renewal, or extension to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.

  • Extension Fee If the Borrower exercises its right to extend the Termination Date in accordance with Section 2.12., the Borrower agrees to pay to the Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) of the amount of such Lender’s Commitment (whether or not utilized) at the time of such extension. Such fee shall be due and payable in full on the date the Agent receives the Extension Request pursuant to such Section.

  • Amendment, Extension and Waiver Subject to applicable law, at any time prior to the consummation of the transactions contemplated by this Agreement, the parties may (a) amend this Agreement, (b) extend the time for the performance of any of the obligations or other acts of either party hereto, (c) waive any inaccuracies in the representations and warranties contained herein or in any document delivered pursuant hereto, or (d) waive compliance with any of the agreements or conditions contained in Articles V and VI hereof or otherwise; provided, however, that after any approval of the transactions contemplated by this Agreement by Innes Street's shareholders, there may not be, without further approval of such shareholders, any amendment of this Agreement which reduces the amount or changes the form of the consideration to be delivered to Innes Street shareholders hereunder other than as contemplated by this Agreement. This Agreement may not be amended except by an instrument in writing authorized by the respective Boards of Directors and signed, by duly authorized officers, on behalf of the parties hereto. Any agreement on the part of a party hereto to any extension or waiver shall be valid only if set forth in an instrument in writing signed by a duly authorized officer on behalf of such party, but such waiver or failure to insist on strict compliance with such obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure.

  • Modification and Amendment This Agreement may not be changed, modified, discharged or amended, except by an instrument signed by all of the parties hereto.

  • Payment of Extension Fee The Borrower shall pay to the Agent for the pro rata accounts of the Lenders in accordance with their respective Commitments an extension fee in an amount equal to twenty-five (25) basis points on the Total Commitment in effect on the Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

  • Amendment, Modification and Supplement Upon amendment, modification and supplement of this Contract shall be subject to the written agreement executed by each party.

  • Modification Fee In consideration of the Lenders amending the Loan Agreement as provided herein, each Borrower jointly and severally agrees to pay to the Agent for the account of each Lender approving this Amendment (which approval is evidenced by its signature below) a modification fee in an amount equal to one-half of one percent (0.50%) of such Lender’s Commitment.

  • Modification and Waiver No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement nor shall any waiver constitute a continuing waiver.

  • Amendment; Extension; Waiver (a) This Agreement may be amended by the parties hereto at any time prior to the Offer Closing Time. At any time prior to the Offer Closing Time, the parties hereto may (i) extend the time for the performance of any of the obligations or other acts of the other parties hereto, (ii) waive any inaccuracies in the representations and warranties contained in this Agreement or in any document delivered pursuant to this Agreement or (iii) waive compliance with any of the agreements or conditions contained in this Agreement (subject to Section 2.01). This Agreement may not be amended or supplemented after the Offer Closing Time. (b) This Agreement may not be amended except by an instrument in writing signed on behalf of each of the parties hereto. Any agreement on the part of a party hereto to any extension or waiver with respect to this Agreement shall be valid only if set forth in an instrument in writing signed on behalf of such party. The failure of any party hereto to assert any of its rights under this Agreement or otherwise shall not constitute a waiver of such rights.

  • Amendment, Modification and Waiver This Agreement may not be amended, modified or waived except by an instrument or instruments in writing signed and delivered on behalf of each of the parties hereto.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!