Common use of Additional Fees and Costs Clause in Contracts

Additional Fees and Costs. The Borrower promises to pay, on demand, a loan amendment fee in the amount of $50,000.00 for the financial covenant default waivers and modifications agreed to by Lender as set forth herein, along with all costs (including attorneys’ fees and expenses) incurred by the Lender for the preparation and negotiation of this Third Amendment and any documents executed in connection with this Third Amendment. Nothing herein shall impair, limit or modify Borrower’s obligation to pay to Lender, on demand, all fees and costs (including attorneys’ fees and costs) incurred in conjunction with the enforcement or defense of Lender’s rights and remedies under the Loan Agreement as modified by this Third Amendment, or under any of the other Loan Documents.

Additional Fees and Costs. The Borrower promises to pay, on demand, a loan amendment fee in the amount of $50,000.00 60,000.00 for the financial covenant default waivers and modifications agreed to by Lender as set forth herein, along with all costs (including attorneys’ fees and expenses) incurred by the Lender for the preparation and negotiation of this Third Fourth Amendment and any documents executed in connection with this Third Fourth Amendment. Nothing herein shall impair, limit or modify Borrower’s obligation to pay to Lender, on demand, all fees and costs (including attorneys’ fees and costs) incurred in conjunction with the enforcement or defense of Lender’s rights and remedies under the Loan Agreement as modified by this Third Fourth Amendment, or under any of the other Loan Documents.