Common use of Administrative Agent Fee Clause in Contracts

Administrative Agent Fee. The Borrower shall pay to the Administrative Agent on April 22, 1998, a fee in the amount of $21,000 for the period through September 30, 1998, and in the amount of $3,500 per month thereafter, payable in advance on the first Business Day of each month commencing on October 1, 1998, and all other normal and customary fees and expenses of the Administrative Agent in connection with the performance of its duties hereunder.

Appears in 1 contract

Sources: Credit Agreement (Jotan Inc)

Administrative Agent Fee. The Borrower shall agrees to pay to the Administrative Agent on April 22, 1998, a an annual administrative fee in the amount of $21,000 for the period through September 3050,000, 1998, due and payable by Borrower in the amount of $3,500 per month thereafter, payable in advance 25,000 installments on the first Business Day June 30 and December 31 of each month commencing on October 1, 1998, and all other normal and customary fees and expenses of the Administrative Agent in connection with the performance of its duties hereunderyear.

Appears in 1 contract

Sources: Credit Agreement (Monarch Dental Corp)

Administrative Agent Fee. The Borrower shall agrees to pay to the Administrative Agent on April 22Agent, 1998for its individual account, a an annual administrative fee in the amount of $21,000 for the period through September 30, 1998, and in the amount of $3,500 per month thereafter, 30,000. Such fee shall be payable annually in advance (a) on the first Business Day of date hereof and (b) on each month commencing anniversary thereof until the date on October 1, 1998, which the Commitments are terminated and all other normal and customary fees and expenses of the Administrative Agent facility hereunder is terminated in connection with the performance of its duties hereunderfull.

Appears in 1 contract

Sources: Credit Agreement (Saratoga Resources Inc /Tx)

Administrative Agent Fee. The Borrower shall agrees to pay to the Administrative Agent on April 22, 1998, a an administrative agent fee in the amount of $21,000 for the period through September 30, 1998, and 2,500.00 per year. Such administrative agent fee shall be paid in the amount arrears in four (4) equal payments of $3,500 per month thereafter625.00 due on March 15, payable in advance on the first Business Day June 15, September 15 and December 15 of each month commencing year. The first such payment shall be due on October 1December 15, 1998, and all other normal and customary fees and expenses of the Administrative Agent in connection with the performance of its duties hereunder.1996

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Continental Materials Corp)