Section Fees. Each club within the section agrees to pay the section 50¢ per shooter/per match. Each club agrees to pay said fee within 90 days of a match. All fees for the year must be paid in full by last day of February of the following year unless approved by the Section Treasurer based on extenuating circumstances. The Section Treasurer will notify the section of any exceptions granted, the reason(s) for the extension, and expected payment date, or refer to the SEC for a decision. Section fees shall be used to conduct section business as approved by the SEC, the SC, and the section bylaws. Routine expenses, such as postage, office supplies, and similar expenditure may be purchased by the SC and the Secretary/Treasurer from a xxxxx cash fund which shall be reconciled at the end of each calendar year. The Section Fee Policy is approved and amended by majority vote of the SEC.
Section Fees. The Borrower agrees to pay to the Agent for the account of each Lender a facility fee based on such Lender's Commitment (determined without giving effect to any B Reduction or Borrowing) from the date hereof, in the case of each Bank, and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender, in the case of each other Lender, until the Termination Date, payable quarterly in arrears on the last day of each March, June, September and December during the term of such Lender's Commitment, commencing September 30, 1997, and on the Termination Date, at a rate per annum equal to the Applicable Fee Percentage.
Section Fees. The Seller shall pay to the Administrator certain fees in the amounts and on the dates set forth in a letter, dated the date hereof, among the Servicer, the Seller and the Administrator (as such letter agreement may be amended, supplemented or otherwise modified from time to time, the "Fee Letter").
Section Fees. On the First Amendment Effective Date, the Company shall pay:
1. to the Administrative Agent for the account of each Lender, a closing fee in an amount equal to 0.15% of the excess (if any) of such Lender's Percentage of the Commitment Amount over such Lender's Percentage of the Commitment Amount immediately prior to the First Amendment Effective Date; and
1. to the Administrative Agent for its own account, the fees referred to in the letter agreement dated as of August 6, 1998 between the Company and the Administrative Agent.
Section Fees. The Seller shall pay to the Administrator certain fees in the amounts and on the dates set forth in a letter, dated the date hereof, among Sequa, the Seller and the Administrator (as such letter agreement may be amended, supplemented or otherwise modified from time to time, the "Fee Letter").
Section Fees. Each club within the section agrees to pay the section 50¢ per shooter/per match. Each club agrees to pay said fee within 90 days of a match. All fees for the year must be paid in full by January 31 of the following year in progress. Section fees shall be used to conduct section business as approved by the SEC, the SC, and the section bylaws. Routine expenses, such as postage, office supplies, and similar expenditure may be purchased by the SC and the Secretary/Treasurer from a xxxxx cash fund which shall be reconciled at the end of each calendar year. The Section Fee Policy is approved and amended by majority vote of the SEC.
Section Fees. Each USPSA club within the section agrees to pay the section 50¢ per shooter/per match. Each club agrees to pay said fee within 90 days of a match or upon any other timetable agreed with the Treasurer. All fees for the year must be paid in full by the last day of February of the following year unless approved by the Section Treasurer based on extenuating circumstances. The Section Treasurer will notify the section of any exceptions granted, the reason(s) for the extension, and expected payment date, or refer to the SEC for a decision. Each Steel Challenge club within the section agrees to pay the section 25¢ per gun/match. Each club agrees to pay said fee within 90 days of a match or upon any other timetable agreed with the Treasurer. All fees for the year must be paid in full by the last day of February of the following year unless approved by the Section Treasurer based on extenuating circumstances. The Section Treasurer will notify the section of any exceptions granted, the reason(s) for the extension, and expected payment date, or refer to the SEC for a decision. Section fees shall be used to conduct section business as approved by the SEC, the SC, and the section bylaws. Routine expenses, such as postage, office supplies, and similar expenditure may be purchased by the SC and the Secretary/Treasurer from a xxxxx cash fund which shall be reconciled at the end of each calendar year. The Section Fee Policy is approved and amended by majority vote of the SEC.
Section Fees. The Borrower agrees to pay to the Agent for the account of each Lender a facility fee based on such Lender's Commitment (determined without giving effect to any B Reduction or Borrowing) from the date hereof, in the case of each Bank, and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender, in the case of each other Lender, until the Termination Date, payable quarterly in arrears on the last day of each March, June, September and December during the term of such Lender's Commitment, commencing September 30, 1997, and on the Termination Date, at a rate per annum equal to the Applicable Fee Percentage.
1. In addition to the fees provided for in subsection (a) above, the Borrower shall pay or cause to be paid to the Agent, for the account of the Agent, such fees as are provided for in the separate fee letter, dated July 9, 1997, between WICOR and the Agent (the "Fee Letter").
Section Fees. The Borrower agrees to pay to each Lender (other than any Defaulting Lender), through the Administrative Agent, on the date that is the last Business Day of March, June, September and December in each year and on the date on which the Revolving Facility Commitments of all the Lenders shall be terminated as provided herein, a commitment fee (a “Commitment Fee”) on the daily amount of the applicable Available Unused Commitment of such Lender during the preceding quarter (or other period commencing with the Closing Date or ending with the date on which the last of the Commitments of such Lender shall be terminated) at a rate equal to the Applicable Commitment Fee. All Commitment Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. The Commitment Fee due to each Lender shall commence to accrue on the Closing Date and shall cease to accrue on the date on which the last of the Commitments of such Lender shall be terminated as provided herein.
Section Fees. Borrower agrees to pay to Agent for the account of each Lender a commitment fee on the daily average unused amount of such Lender's Commitment, for the period from and including the Closing Date to and including the Maturity Date, at the rate of three-eights of one percent (0.375%) per annum. Accrued commitment fees shall be payable in arrears on each Monthly Payment Date beginning on June 30, 1996, and on the Maturity Date.