Common use of Administrative Management Fee Clause in Contracts

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 Company agrees to pay to CIT the Administrative Management Fee, which shall be fully earned when paid. Notwithstanding the foregoing, so long as no Default or Event of Default shall have occurred and remain outstanding, the Company may pay the annual Administrative Management Fee in twelve consecutive monthly installments of $2,500.

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 paiddue.

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 Companies agree to pay to CIT the Administrative Management Fee, which shall be fully earned when paid.