Common use of Modification Fee Clause in Contracts

Modification Fee. Borrower shall have paid to Bank in full a non-refundable fee of $50,000, which fee shall be deemed fully earned, due and payable upon the effectiveness of this Amendment.

Modification Fee. Borrower shall have paid to Bank in full a non-refundable fee of $50,000100,000, which fee shall be deemed fully earned, due and payable upon the effectiveness of this Amendment.

Modification Fee. Borrower shall have paid agrees to pay Bank a modification fee in full a non-refundable fee of an amount equal to Two Thousand Five Hundred Dollars ($50,0002,500), which fee shall be deemed fully earned, due earned as of and payable upon execution of this Amendment and the receipt of which by Bank is a condition precedent to the effectiveness of this Amendment.

Modification Fee. 1. Borrower shall have paid pay to Bank in full a non-refundable modification fee of equal to Seven Thousand Five Hundred 00/100 Dollars ($50,0007,500.00), which fee shall be due on the date hereof and shall be deemed fully earned, due earned as of the date hereof. The Borrower shall also reimburse Bank for all legal fees and payable upon expenses incurred in connection with this amendment to the effectiveness of this AmendmentExisting Loan Documents.