Common use of Amendment and Waiver Fee Clause in Contracts

Amendment and Waiver Fee. Borrower will pay to Lender an amendment and waiver fee in the amount of $63,000.00 (the “Amendment Fee”), which fee will be fully earned, non-refundable and due on the date hereof, and which fee will be deemed a Revolving Advance.

Amendment and Waiver Fee. In further consideration of the agreements contained herein, Borrower will shall pay to the Lender (i) an amendment fee in an amount equal to $37,500 and (ii) waiver fee in an amount equal to $5,000, which amendment and waiver fee in the amount of $63,000.00 (the “Amendment Fee”), which fee will fees shall be fully earned, non-refundable and due on fully earned as of the date hereof, of this Amendment and which the Lender may obtain at anytime by charging such amendment fee will be deemed as a Revolving AdvanceAdvance under the Credit Agreement.