Example ContractsClausesExtension Fee
Extension Fee
Extension Fee contract clause examples

Extension Fee. Borrower and Administrative Agent hereby agree that in connection with the extension of the Loan pursuant to this Amendment, Borrower shall pay an extension fee in an amount equal to $21,000.00 (seven and one-half (7.5) basis points of the aggregate Commitments of the Lenders).

Extension Fee. On the Sixth Amendment Closing Date, Agent, for its sole and separate account, shall have earned an extension fee (the “Extension Fee”) equal to $46,875.00 for the amendments set forth herein, which Extension Fee shall be due and payable to Agent in full on the Sixth Amendment Closing Date. On such date, Agent hereby is expressly authorized by the Borrower to # charge such Extension Fee to the Loan Account, and # designate such Extension Fee as an Advance under the Loan Agreement.

Extension of Maturity Date; Extension Fee. Provided that Borrower is in compliance with all covenants set forth in this Agreement, and no Event of Default or any other occurrence, circumstance or event, or any combination thereof, which, with the lapse of time and/or the giving of notice, would constitute an Event of Default under this Agreement or the other Loan Documents shall have occurred and be continuing, Borrower may request to extend the Initial Maturity Date for a period of one (1) year upon notice to Bank not more than ninety (90) or less than thirty (30) days prior to the then-current Initial Maturity Date (each, an “Extension”). Each Extension shall be subject to Bank’s approval in its sole and absolute discretion. If a requested Extension is not granted, Lender shall have no obligations to make Advances following the then-current Initial Maturity Date, and Borrower shall repay the Loan as set forth in the Promissory Note.

Extension Fee. Borrower and Administrative Agent hereby agree that in connection with the extension of the Loan pursuant to this Amendment, Borrower shall pay an extension fee in an amount equal to $82,500.00 (seven and one-half (7.5) basis points of the aggregate Commitments of the Lenders).

Target Extension Fee. If Roche elects to expand the scope of the license granted pursuant to [Section 6.6.4(b)] to add up to ​ additional Designated Licensed Targets as described in [Section 6.6.4(c)], Roche shall pay Poseida a non-creditable, non-refundable target extension fee for each additional Designated Licensed Target (each, a “Target Extension Fee”) in the amount of ​. Poseida may invoice Roche for a Target Extension Fee after written notice from Roche of its election to add an additional Licensed Target as a Designated Licensed Target pursuant to [Section 6.6.4(c)], and Roche will pay Poseida within ​ of receipt of an undisputed invoice from Poseida with respect thereto.

Payment of Extension Fee. The Borrower shall pay to the Agent for the pro rata accounts of the Lenders in accordance with their respective Revolving Loan Commitments an extension fee in an amount equal to 0.15% of the full Revolving Loan Commitments on the Initial Maturity Date, which fee shall, when paid, be fully earned and nonrefundable under any circumstances.

Extension Fee. If the Borrower exercises its right to extend the Maturity Date for Revolving Loans and Revolving Commitments in accordance with [Section 2.12], the Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than a Lender that at such time is a Defaulting Lender), a fee (the “Extension Fee”) equal to 0.10% of the amount of such Lender’s Revolving Commitment (whether or not utilized) as of the date of such extension. Such fee shall be due and payable in full no later than the effective date of such extension pursuant to [Section 2.12], as a condition precedent to such extension.

Payment of Extension Fee. The Borrower shall pay to the Agent for the pro rata accounts of the Term Loan Lenders in accordance with their respective Term Loan Commitments an extension fee in an amount equal to twenty (20) basis points on the aggregate outstanding principal amount of the Term Loans on the Term Loan Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

Extension Fee. On or before the Maturity Date then being extended, prior to giving effect to such Extension Option, Borrower has paid to Administrative Agent in immediately available funds the then applicable Extension Fee, for the ratable benefit of Lenders, as determined by Administrative Agent as of such Maturity Date.

Payment of Extension Fee. The Borrower shall pay to the Agent for the pro rata accounts of the Revolving Credit Lenders in accordance with their respective Revolving Credit Commitments an extension fee in an amount equal to twenty (20) basis points on the Total Revolving Credit Commitment in effect on the Revolving Credit Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

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