Waiver and Amendment Fee Sample Clauses

Waiver and Amendment Fee. In consideration of the Lenders’ agreement to waive the Existing Event of Default, to enter into this Waiver and Amendment and to provide the Borrower with the accommodations described herein, on the effective date of this Waiver and Amendment, the Borrower shall pay to the Administrative Agent, for the ratable benefit of the Lenders, a one-time fee of $5,000 (the “Waiver and Amendment Fee”). The Borrower acknowledges and agrees that, at the Administrative Agent’s option, the Administrative Agent may effect payment of the Waiver and Amendment Fee by charging the full amount of such fee, when due, to the Borrower’s Revolving Loan account.

Waiver and Amendment Fee. To induce Agent and Lenders to enter into this Amendment, Borrowers shall pay to Agent, for the benefit of Lenders, a non-refundable waiver and amendment fee equal to $20,000, which shall be due and payable on the date hereof.

Waiver and Amendment Fee. On the Second Amendment Effective Date, a waiver and amendment fee (the “Amendment Fee”) equal to 1.50% of the principal amount of the outstanding Loans held by each consenting Lender shall be capitalized and paid-in-kind by being added to the outstanding principal amount of the Loans held by each such Lender. The Amendment Fee shall be fully earned on the Second Amendment Effective Date.

Waiver and Amendment Fee. The Borrower is to pay to Lender a waiver and amendment fee of $25,000.00 payable upon execution of the Allonge to Agreement of Amendment. 6. Paragraph 3D(16) (relating to Section 6.17 of the Loan Agreement) is hereby amended to read as follows:

Waiver and Amendment Fee. In consideration of Agent's and Lenders' agreement to enter into this Agreement and provide Borrowers with the accommodations provided hereunder Borrowers shall, concurrent with the execution of this Agreement, pay to the Agent on behalf of the Lenders a monthly fee, payable on the first of each calendar month commencing January 1, 2004 and continuing thru July 1, 2004 in the amount of $8,572.00 per month (the "Waiver and Amendment Fee") which shall be fully-earned when paid and nonrefundable. The amount of the Waiver and Amendment Fee accrued as of the date of this Agreement, $42,860.00, shall be due and payable immediately.

Waiver and Amendment Fee. On the date hereof, the Borrower shall pay the Administrative Agent, for the ratable benefit of each Lender that has executed and delivered this Amendment prior to 10:00 a.m. (Central time) on the date hereof (each, a “Consenting Lender”), a waiver and amendment fee in an amount equal to 0.40% of each Consenting Lender’s Term Credit Exposure as of the date hereof. Such fee shall be deemed fully earned by the Consenting Lenders on the date hereof by their entering into this Amendment, whether or not the conditions set forth in Section 8 of this Amendment are satisfied.

Waiver and Amendment Fee. In consideration of Bank’s agreement to enter into this Waiver and Amendment and grant the accommodations hereunder to Borrower, on the effective date of this Waiver and Amendment, Borrower shall pay to Bank a one-time fee of $40,000 (the “Waiver and Amendment Fee”). The Waiver and Amendment Fee shall be fully earned and non-refundable when due. Borrower hereby authorizes Bank to effect payment of the Waiver and Amendment Fee by debiting Borrower’s operating demand deposit account maintained with Bank.

Waiver and Amendment Fee. (a) In addition to all other fees, charges, interest and expenses payable by Borrowers to Lender under the Loan Agreement and the other Financing Agreements, Borrowers shall pay to Lender a fee for entering into this Amendment in the amount of Two Hundred Thousand Dollars ($200,000), which fee is fully earned as of the date hereof, and shall be payable as follows: (i) One Hundred Twenty-Five Thousand Dollars ($125,000) of such fee shall be payable as of the date hereof and may be charged directly to HDPI's Revolving Loan account maintained by Lender; and (ii) subject to Section 8(b) hereof, Seventy-Five Thousand Dollars ($75,000) of such fee shall be payable on October 1, 1997. (b) Solely as an accommodation to Borrowers and Guarantors, Lender agrees to waive that portion of the fee in the amount of Seventy-Five Thousand Dollars ($75,000) otherwise payable as provided in Section 8(a)(ii) hereof; provided, that, (i) Hanover consummates the Second Hanover Rights Offering or other equity offering or equity private placement on or before September 30, 1997 and receives net cash proceeds therefrom in an amount not less than $30,000,000 that are applied in accordance with the terms and conditions of Section 6 hereof and (ii) as of the date of the receipt of such net cash proceeds and after giving effect to the transactions contemplated hereby, no Incipient Default or Event of Default exists or has occurred and is continuing.

Waiver and Amendment Fee. Borrower shall pay to Bank a fee of $2,500 concurrently herewith, which shall be in addition to interest and to all other amounts payable hereunder and under the Loan Documents and which shall not be refundable. Bank is authorized to charge said fee to Borrower’s loan account or any of Borrower’s deposit accounts maintained with Bank.