Confirmation Fee Clause Samples

A Confirmation Fee clause establishes the requirement for a borrower or client to pay a fee to a lender or service provider as a condition for confirming or finalizing a financial arrangement, such as a loan or credit facility. Typically, this fee is a fixed amount or a percentage of the total facility and is payable upon the execution of the agreement or upon the lender's confirmation of their commitment. The clause ensures that the lender is compensated for reserving funds or providing a financial commitment, thereby securing the lender's interests and formalizing the borrower's intent to proceed with the transaction.
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Confirmation Fee. You may be required to make a payment to confirm your room prior to occupancy. This fee would be applied towards your semester payment and will be considered a confirmation fee.
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Confirmation Fee. The Borrower agrees to pay to any confirming bank a confirmation fee in such amount as may customarily be charged by such confirming bank to confirm any L/C issued hereunder.
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Confirmation Fee. Subject to Clause 3.1, the Confirmation Fee is payable by the Hirer on the Payment Date detailed in the Specific Terms or where no Payment Date is specified, then 10 Working Days following signing of the Venue Hire Agreement. The Confirmation Fee is non-refundable.
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Confirmation Fee. Subject to Clause 3.1, the Confirmation Fee is payable by the Hirer on account of the Venue Hire Fee by the Payment Date detailed in the Venue Hire Agreement or where no Payment Date is specified, then 10 Working Days following signing of the Agreement. The Confirmation Fee is non-refundable on the basis that this is a genuine pre-estimate of loss to the Venue Operator as it may not be possible to re-hire the Venue to another hirer at the same or any other price, and this is not intended to operate as a penalty.
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Confirmation Fee. 4.1 Confirmation Fee may be required: On entering into this Agreement, the Hirer may be required to pay a specified sum as a deposit ("Confirmation Fee"). The Council staff member taking the Hirer's booking will advise if a Confirmation Fee is required and the amount.
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Confirmation Fee. You agree to pay ITFI a non-refundable Confirmation fee (risk fee) calculated at the rate of 0.75% flat of the Supply Payment component of each B/E for each 3O-day period or part thereof during the period from the issue date of each POC to the maturity date of each corresponding B/E. This amount will also be included in computing the face amount of each B/E.
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Related to Confirmation Fee

  • Origination Fee The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

  • Transaction Fee In connection with the creation or redemption of Creation Units, the Transfer Agent shall charge, and the Participant agrees to pay to the Transfer Agent, the Transaction Fee prescribed in the Prospectus and such additional amounts as may be prescribed pursuant to the Prospectus. Such Transaction Fee and additional amounts, if any, shall be included in the calculation of the Cash Component or Cash Redemption Amount payable or to be received, as the case may be, by the Participant in connection with the creation or redemption order.

  • Modification Fee In consideration of the Lenders amending the Loan Agreement as provided herein, each Borrower jointly and severally agrees to pay to the Agent for the account of each Lender approving this Amendment (which approval is evidenced by its signature below) a modification fee in an amount equal to one-half of one percent (0.50%) of such Lender’s Commitment.

  • Termination Fee (a) In the event that this Agreement is terminated by Parent pursuant to Section 7.1(d) or by the Company pursuant to Section 7.1(g) then the Company shall pay to Parent the Company Termination Fee. The Company Termination Fee payable pursuant to this Section 7.3(a) shall be paid no later than the second (2nd) Business Day following termination pursuant to Section 7.1(d) and concurrently (or if the Company Acquisition Agreement is executed on a day not a Business Day, the next Business Day) with any termination pursuant to Section 7.1(g). (b) If (i) after the date of this Agreement but prior to the termination of this Agreement in accordance with its terms, an Acquisition Proposal shall have been publicly announced and not withdrawn, (ii) thereafter, this Agreement is terminated by Parent or the Company pursuant to Section 7.1(b) and (iii) within nine (9) months after such termination, the Company consummates an Acquisition Proposal or enters into an Acquisition Transaction that is subsequently consummated then concurrently with consummating such transaction the Company shall pay to Parent the Company Termination Fee by wire transfer of same-day funds on the date such transaction is consummated; provided that solely for purposes of this Section 7.3(b), all references to 20% in the definition of “Acquisition Transaction” shall be deemed to be references to 50%. (c) In the event that this Agreement is terminated by (i) Parent pursuant to Section 7.1(b) and: (A) at the time of such termination, each of the Offer Conditions has been satisfied or waived (other than (1) the condition set forth in clause “(c)(viii)” of Annex A and (2) the condition set forth in clause “(c)(vii)” of Annex A due to the termination of this Agreement pursuant to Section 7.1(b)); and (B) the failure of the condition set forth in clause “(c)(vii)” of Annex A to be satisfied is not directly attributable to a breach of: (1)

  • Application Fee Prior to the Resident being accepted to The Residence, a non-refundable Application Fee of $100 must be made. This Application Fee applies to each application and is not refundable in the event of cancellation or withdrawal of the Resident’s application. The amount of the Application Fee is detailed in Table 4.