Common use of Anniversary Fee Clause in Contracts

Anniversary Fee. A fully earned, non-refundable fee of $10,000, on September 30, 2017; and if this Agreement is terminated prior to September 30, 2017, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

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Anniversary Fee. A fully earned, non-refundable fee of $10,0005,000, on the first anniversary of the September 30, 20172010 Amendment Effective Date; and if this Agreement is terminated prior to the first anniversary of the September 30, 20172010 Amendment Effective Date, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable fee of $10,000, on the first anniversary of the September 30, 20172010 Amendment Effective Date; and if this Agreement is terminated prior to the first anniversary of the September 30, 20172010 Amendment Effective Date, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable fee of $10,00030,000, on September 30, 2017the first anniversary of the Effective Date; and if this Agreement is terminated prior to September 30, 2017the first anniversary of the Effective Date, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Iwatt Inc)

Anniversary Fee. A fully earned, non-refundable fee of $10,000, on September 30, 2017the first anniversary of the August 2008 Amendment Effective Date; and if this Agreement is terminated prior to September 30, 2017the first anniversary of the August 2008 Amendment Effective Date, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable fee of $10,00037,500, on September 30, 2017the first anniversary of the Effective Date; and if this Agreement is terminated prior to September 30, 2017the first anniversary of the Effective Date, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable fee of $10,0005,000, on September 30, 20172013; and if this Agreement is terminated prior to September 30, 20172013, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

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Anniversary Fee. A fully earned, non-refundable fee of $10,00025,000, on September 30, 2017the first anniversary of the August 2008 Amendment Effective Date; and if this Agreement is terminated prior to September 30, 2017the first anniversary of the August 2008 Amendment Effective Date, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable fee of $10,000, on September 30, 20172013; and if this Agreement is terminated prior to September 30, 20172013, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable fee of $10,000, on September 30, 20172015; and if this Agreement is terminated prior to September 30, 20172015, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

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