Administrative Management Fee. On the Closing Date and on the first day of the month following the month in which each annual anniversary of the Closing Date occurs, the Company agrees to pay to CIT the Administrative Management Fee, which shall be fully earned when paid.
Administrative Management Fee. On the Closing Date and on the first day of the month following the month in which each annual anniversary of the Closing Date occurs, the Companies jointly and severally agree to pay to the Agent, for its own account, the Administrative Management Fee, which shall be fully earned when paid.
Administrative Management Fee. Borrower shall pay to CIT a Administrative Management Fee in the amount of $15,000 which shall be deemed fully earned as of the Closing Date and on each Anniversary Date thereafter.
Administrative Management Fee. On the first day of the month following the Closing Date and on the first day of each month thereafter, the Companies agree to pay to CIT the Administrative Management Fee, which shall be fully earned when paid.
Administrative Management Fee. On the Closing Date and on the first day of each month thereafter, the Company agrees to pay to the Agent, for its own account, the Administrative Management Fee, which shall be fully earned when paid.
Administrative Management Fee. On the Closing Date and on each anniversary of the Closing Date thereafter, the Borrower shall pay to the Agent for its own account an Administrative Management Fee in the amount of $35,000, which shall be deemed fully earned when paid.
Administrative Management Fee. The definition of Administrative Management Fee is hereby amended by deleting the reference therein of “$60,000” and substituting therefore “$50,000”.
Administrative Management Fee. The Borrowers jointly and severally agree to pay to the Agent, for its own account, an administrative management fee as set forth below:
Administrative Management Fee. On the Closing Date and each Anniversary Date thereafter until all Obligations and/or Guaranty Obligations (as the case may be) of the Obligors under the Loan Documents shall have been fully, finally and indefeasibly paid and all the Commitments have expired or terminated (for purposes of this provision "Completion"), the Companies shall pay to the Administrative Agent, for its own account, the annual Administrative Management Fee in the amount of $75,000.00. This fee shall be deemed fully earned when paid in advance for each year, provided that, for the year beginning on the Anniversary Date in 2004, if Completion occurs on the Termination Date, the annual Administrative Management Fee due on such Anniversary Date (but only if then paid as and when due) shall be prorated (on the basis of a year of twelve (12) months of thirty (30) days each), only the portion thereof corresponding to May 2004 shall be deemed fully earned and the balance shall be returned by the Administrative Agent to Harvard (for distribution by it among the Companies as they may separately agree), to the account designated by Harvard by notice to the Administrative Agent, within ten (10) Business Days after the Termination Date.
Administrative Management Fee. On the Closing Date and on each anniversary of the Closing Date thereafter, Revolving/LC Borrower shall pay in advance to the Agent, for its own account, the Administrative Management Fee, which shall be fully earned when paid
