Common use of Treatment of Fees Clause in Contracts

Treatment of Fees. The fees described in this Section 5 (a) are not compensation for the use, detention, or forbearance of money, (b) are in addition to, and not in lieu of, interest and expenses otherwise described in this Agreement, (c) are payable in accordance with Section 3.1(c), (d) are non-refundable, and (e) to the fullest extent permitted by Law, bear interest, if not paid when due, at the Default Rate.

Appears in 10 contracts

Samples: Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc)

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Treatment of Fees. The fees described in this Section 5 SECTION 4 (a) are not ----------------- compensation for the use, detention, or forbearance of money, (b) are in addition to, and not in lieu of, interest and expenses otherwise described in this Agreement, (c) are payable in accordance with Section 3.1(cSECTION 3.1(B), (d) are non-non- refundable, and (e) to the fullest extent permitted by Law, bear interest, if not paid when due, at the Default Rate.

Appears in 4 contracts

Samples: Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc)

Treatment of Fees. The fees described in this Section 5 Article IV (a) are not compensation for the use, detention, or forbearance of money, (b) are in addition to, and not in lieu of, interest and expenses otherwise described in this Agreementagreement, (c) are payable in accordance with Section 3.1(c)3.1, (d) are non-refundable, refundable and (e) to the fullest extent permitted by Law, bear interest, if not paid when due, at the Default Rate.

Appears in 4 contracts

Samples: Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp)

Treatment of Fees. The fees described in this Section 5 4 (a) are not compensation for the use, detention, or forbearance of money, (b) are in addition to, and not in lieu of, interest and expenses otherwise described in this Agreementagreement, (c) are payable in accordance with Section 3.1(c)3.1, (d) are non-refundablenonrefundable, and (e) to the fullest extent permitted by Law, bear interest, if not paid when due, at the Default Rate.

Appears in 1 contract

Samples: Credit Agreement (Goodrich Petroleum Corp)

Treatment of Fees. The fees described in this Section 5 4 (a) are not ----------------- compensation for the use, detention, or forbearance of money, (b) are in addition to, and not in lieu of, interest and expenses otherwise described in this Agreement, (c) are payable in accordance with Section 3.1(c3.1(b), (d) are non-non- refundable, and (e) to the fullest extent permitted by Law, bear interest, if not paid when due, at the Default Rate.

Appears in 1 contract

Samples: Credit Agreement (Vail Resorts Inc)

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Treatment of Fees. The fees described in this Section 5 4 (a) are not compensation for the use, detention, or forbearance of money, (b) are in addition to, and not in lieu of, interest and expenses otherwise described in this Agreementagreement, (c) are payable in accordance with Section 3.1(c)3.1, (d) are non-non- refundable, and (e) to the fullest extent permitted by Lawlawful, bear interest, if not paid when due, at the Default Rate, and (f) are calculated on the basis of a 365-day year.

Appears in 1 contract

Samples: Credit Agreement (Pier 1 Imports Inc/De)

Treatment of Fees. The fees described in this Section 5 4 (a) are not compensation for the use, detention, or forbearance of money, (b) are in addition to, and not in lieu of, interest and expenses otherwise described in this Agreement, (c) are payable in accordance with Section 3.1(c3.1(b), (d) are non-refundablenonrefundable, and (e) to the fullest extent permitted by Law, bear interest, if not paid when due, at the Default Rate.

Appears in 1 contract

Samples: Credit Agreement (Vail Resorts Inc)

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