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