Common use of Administrative Agent’s and Other Fees Clause in Contracts

Administrative Agent’s and Other Fees. In order to compensate the Administrative Agent for syndicating and administrating the Loans and for its obligations hereunder, the Borrowers agree to pay to the Administrative Agent, for Administrative Agent's account, an annual fee in the amount of Fifteen Thousand and no/100 Dollars ($15,000), payable on the date hereof, and on the first day of each consecutive December thereafter for the duration of this Agreement.

Administrative Agent’s and Other Fees. In order to compensate the Administrative Agent for syndicating acting in its capacity as such hereunder and administrating under the Loans and for its obligations hereunderother Loan Documents, the Borrowers Borrowers, jointly and severally, agree to pay to the Administrative Agent, for Administrative Agent's its own account, an annual a non-refundable and fully earned fee in the amount of Fifteen Thousand and no/100 Dollars ($15,000), payable 25,000.00 on the date hereof, and on the first day of each consecutive December thereafter for the duration of this AgreementClosing Date.

Administrative Agent’s and Other Fees. In order to compensate the Administrative Agent for syndicating acting in its capacity as such hereunder and administrating under the Loans and for its obligations hereunderother Loan Documents, the Borrowers Borrowers, jointly and severally, agree to pay to the Administrative Agent, for Administrative Agent's its own account, an annual fee Administrative Agent Fee in the amount of Fifteen Thousand $25,000, fully earned and no/100 Dollars ($15,000), payable to the Administrative Agent on the date hereofClosing Date, and on each anniversary of the first day of each consecutive December thereafter for the duration of this AgreementClosing Date.

Administrative Agent’s and Other Fees. In order to compensate the Administrative Agent for structuring and syndicating and administrating the Loans and for its obligations as the Administrative Agent hereunder, the Borrowers agree Borrower agrees to pay to the Administrative Agent, for Administrative Agent's its own account, an annual fee in the amount of Fifteen Thousand and no/100 Dollars ($15,000), payable 100,000 on the date hereofClosing Date and a monthly monitoring fee of $8,000, and for its own account, in arrears on the first day last Business Day of each consecutive December calendar month thereafter for the duration of this Agreementcommencing May 31, 2000.