Increase Fee Clause Samples
The Increase Fee clause allows one party, typically the service provider, to raise the fees charged under the agreement under certain conditions. This clause usually outlines the circumstances under which a fee increase is permitted, such as changes in scope, inflation adjustments, or increased costs of materials, and may require advance notice to the other party. Its core practical function is to provide a clear mechanism for adjusting fees in response to changing economic or project conditions, thereby allocating risk and ensuring both parties understand when and how fees may change during the contract term.
Increase Fee. As consideration for the increase in the Credit Facility Amount, contemporaneously with the execution and delivery of this Agreement, Borrower shall pay to Administrative Agent, a non-refundable fee as described in Section 2.10(e) of the Credit Agreement, which fee shall be distributed among Lenders in accordance with the Credit Agreement.
Increase Fee. On any Increase Effective Date, an increase fee (the “Increase Fee”) based on a percentage to be agreed between the Borrower and Bank at the time of the applicable increase multiplied by the maximum amount of the Revolving Line then in effect.
Increase Fee. On any Increase Effective Date, the Borrowers shall pay to the Agent, for the account of each Lender, an increase fee (the “Increase Fee”) in an amount to be agreed between the Administrative Borrower and Agent.
Increase Fee. The Borrowers must pay the Facility Agent for each Additional Lender a fee in the manner agreed in the Fee Letter(s) to be entered into between the Facility Agent and the Borrowers.
Increase Fee. Borrower shall pay to Administrative Agent for the account of Lenders, to be divided based on each Lender’s percentage of the increase in the Borrowing Base, an increase fee in the amount of $90,000.00. Such fee shall be fully earned when paid and shall not be refundable for any reason whatsoever.
Increase Fee. Contemporaneously with the execution of this Agreement, Borrower shall pay Bank a fee for increasing the maximum amount of the Revolving Loan in the amount of One Thousand Six Hundred Sixty-Seven Dollars ($1,667).
Increase Fee. The Borrower shall pay an increase fee of $5,000 if and when it exercises its option to increase the Commitment to $25,000,000.
Increase Fee. In consideration of Lender's entering into this Agreement and increasing the Commitment, Borrower agrees to pay to Lender, upon the execution of this Agreement, a fee in the amount of $18,750.00.
Increase Fee. On or before the Amendment Effective Date, the Lender shall have received payment of the Increase Fee (as defined in the Fee Letter) in accordance with the Fee Letter.
Increase Fee. In consideration for the agreements set forth herein, Borrowers shall pay to Agent, for the ratable benefit of each Increasing Lender (based on each such Lender’s pro rata share of the Incremental Revolver Commitments), the increase fee set forth in the supplemental fee letter dated as of the date hereof among Borrowers and Agent, which fee will be deemed to be fully earned, nonrefundable, due and payable on the Effective Date.