Common use of Additional Fee Clause in Contracts

Additional Fee. (a) The Borrowers agree to pay to the Agent an additional fee (the "Additional Fee") in connection with the execution of this Amendment, in an amount equal to $150,000. The Additional Fee shall be earned on the date hereof and payable in equal installments of $50,000 on each of March 25, 2005, April 1, 2005 and April 8, 2005. (b) An amount equal to that portion of the Additional Fee actually received by the Agent shall be credited against the fee payable to the Agent pursuant to an amendment to the Credit Agreement entered into in connection with a term loan b financing, such term loan b financing to provide sufficient liquidity to the Borrowers based on the business model (in form and substance satisfactory to the Agent) provided to the Agent prior to the effectiveness of such amendment but in any event to be in an amount of not less than $15,000,000. (c) The Additional Fee shall be deemed part of the "Obligations" for all purposes of the Loan Documents.