Amendment Fee. In order to induce Lender to enter into this Sixth Amendment, Borrowers agree to pay Lender an amendment fee in the amount of $30,000. Said amendment fee shall be due and payable on the date of the Sixth Amendment and, upon payment, shall be fully earned and nonrefundable.
Amendment Fee. In consideration of the Commitment, the Company agrees to pay to CoBank on the execution hereof, a fee in the amount of $5,000.00.
Amendment Fee. Agent shall have received, for the benefit of certain Lenders, a non-refundable amendment fee in the amount set forth in a separate fee letter of even date hereof, which shall be fully earned and due and payable on the date of this Amendment.
“Fee Letter” means, collectively, # the Administrative Agent Fee Letter, # the Amendment No. 5 Fee Letter and # the Amendment No. 6 Fee Letter.
Letter of Credit Fee. The Borrowers agree to pay to the Agent, for the account of the Lenders, in accordance with their respective Pro Rata Shares, for each Letter of Credit, a fee (the “Letter of Credit Fee”) equal to the Applicable Margin per annum of the undrawn face amount of each Letter of Credit issued for the Borrowers’ account at the Borrowers’ request, plus all out-of-pocket costs, fees and expenses incurred by the Agent in connection with the application for, processing of, issuance of, or amendment to any Letter of Credit, which costs, fees and expenses shall include a “fronting fee” payable to such issuer. The Letter of Credit Fee shall be payable monthly in arrears on the 1st day of each month following any month in which a Letter of Credit was issued and/or in which a Letter of Credit remains outstanding and on the Maturity Date. The Letter of Credit Fee shall be payable when a Letter of Credit is issued, renewed, extended, or amended, as appropriate for the period of time during which the Letter of Credit will be outstanding. The Letter of Credit Fee shall be computed on the basis of a 360-day year for the actual number of days elapsed. The Letter of Credit Fee shall be increased to the Default Rate in accordance with [Section 2.5(b)].
Letter of Credit Fee. Banks customary fees and expenses for the issuance or renewal of Letters of Credit, including, without limitation, a letter of credit fee of three percent (3.0%) per annum of the Dollar Equivalent of the face amount of each Letter of Credit issued, upon the issuance of such Letter of Credit, each anniversary of the issuance during the term of such Letter of Credit, and upon the renewal of such Letter of Credit by Bank;
Agent shall have received the Amendment to the Fourth Amended and Restated Fee Letter, dated as of the date hereof (the “Fee Letter Amendment”), duly executed by the parties hereto and shall be in form and substance reasonably satisfactory to Agent.
“Administrative Agent Fee Letter” means the Agent Fee Letter dated as of the Amendment No. 4 Effective Date by and between the Administrative Agent and the Parent Borrower.
“Eighth Amendment Fee Letter” means the letter agreement, dated as of the Eighth Amendment Effective Date, by and among the Borrowers and the Administrative Agent.
“Work Fee” means the fee charged by the initial Issuing Lender in connection with any issuance or amendment of any Letter of Credit, which Work Fee shall in no event exceed # $1,500 per Letter of Credit issued by such initial Issuing Lender with respect to any issuance thereof and # $250 per Letter of Credit issued by such initial Issuing Lender with respect to any amendment thereof.
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