Common use of Administrative Agency Fee Clause in Contracts

Administrative Agency Fee. The Borrower agrees to pay the Administrative Agent, for its own account, a non-refundable, fully-earned administrative agency fee in the amount of $12,500, per fiscal quarter, payable on the Closing Date and quarterly, in advance, thereafter on each Payment Date of the first calendar month of a fiscal quarter, while any Obligations are outstanding.

Appears in 1 contract

Samples: Loan Agreement and Other Basic Documents (OppFi Inc.)

AutoNDA by SimpleDocs

Administrative Agency Fee. The Borrower agrees shall pay to pay the Administrative Agent, Agent (for its own sole and separate account), a non-refundable, fully-earned administrative agency fee in the amount of $12,500, per fiscal quarter, payable on the Closing Date and quarterlyon first day of each month thereafter, in advancean administrative agency fee of $2,000 per month. Such fee, thereafter on each Payment Date of the first calendar month of a fiscal quarteronce paid, while any Obligations are outstandingshall be fully earned and nonrefundable.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

Administrative Agency Fee. The Borrower agrees shall pay to pay the Administrative Agent, Agent (for its own sole and separate account), a non-refundable, fully-earned administrative agency fee in the amount of $12,500, per fiscal quarter, payable on the Closing Date and quarterlyon first day of each month thereafter, in advancean administrative agency fee of $7,500 per month. Such fee, thereafter on each Payment Date of the first calendar month of a fiscal quarteronce paid, while any Obligations are outstandingshall be fully earned and nonrefundable.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

AutoNDA by SimpleDocs

Administrative Agency Fee. The Borrower agrees shall pay to pay the Administrative Agent, for its own account, a non-refundable, fully-earned an annual administrative agency fee in the an amount of equal to $12,50050,000, per fiscal quarter, due and payable in advance initially on the Closing Date and quarterly, in advance, thereafter on each Payment Date anniversary of the first calendar month of a fiscal quarter, while any Closing Date until the Termination Date has occurred and all Obligations are outstandinghave been repaid in full.

Appears in 1 contract

Samples: Credit Agreement (American Color Graphics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.