Common use of Anniversary Fee Clause in Contracts

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Thousand Dollars $(10,000) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving Line, or (iii) the occurrence of an Event of Default; and

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

AutoNDA by SimpleDocs

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Thirty Thousand Dollars ($(10,00030,000.00) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest earlier to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving LineAgreement, or (iii) the occurrence of an Event of Default; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Cancer Genetics, Inc)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Thousand Dollars ($(10,000) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving Line, or (iii) the occurrence of an Event of Default; and

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable nonrefundable anniversary fee of Ten Thirty Seven Thousand Five Hundred Dollars ($(10,00037,500.00) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving LineAgreement, or (iii) the occurrence of an Event of Default; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Harmonic Inc)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Twenty Thousand Dollars ($(10,00020,000) per year (the “Anniversary Fee”) is earned as of twelve months from the Effective Date and is due and payable on the earliest earlier to occur of (i) the one (1) year each anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving LineAgreement, or (iii) the occurrence of an Event of Default; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Zuora Inc)

AutoNDA by SimpleDocs

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Thousand Dollars $(10,000) 11,000 (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest earlier to occur of (i) the one (1) year anniversary of the Effective Date, Date (ii) the termination of this Agreement or the Revolving Line, or (iii) the occurrence of an Event of Default; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Research Solutions, Inc.)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Seventeen Thousand Five Hundred Dollars ($(10,00017,500) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest earlier to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving LineAgreement, or (iii) the occurrence of an Event of Default; and;

Appears in 1 contract

Samples: Loan and Security Agreement (RMG Networks Holding Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!