Common use of Anniversary Fee Clause in Contracts

Anniversary Fee. A fully-earned, non-refundable anniversary fee of One Hundred Fifty Thousand Dollars ($150,000.00) (the “2021 Anniversary Fee”), which shall be earned as of the Effective Date and payable on the earliest to occur of (i) the two (2) year anniversary of the Effective Date, (ii) the Revolving Line Maturity Date, (iii) the occurrence of an Event of Default, and (iv) the termination of this Agreement;

Anniversary Fee. A fully-earnedFor each twelve (12) month anniversary of the Effective Date, a non-refundable anniversary fee of One Hundred Fifty (each, an “Anniversary Fee” and, collectively, the “Anniversary Fees”) equal to Twenty-Five Thousand Dollars ($150,000.0025,000.00) (the “2021 Anniversary Fee”), which shall be fully earned as of the Effective Date and due and payable on the earliest to occur of (i) the two such twelve (212) year month anniversary of the Effective Date, (ii) the Revolving Line Maturity Date, (iii) the occurrence of an Event of Default, and (iv) the termination of this Agreement;

Anniversary Fee. A fully-For each twelve (12) month anniversary of the Effective Date occurring prior to the Revolving Line Maturity Date, a fully earned, non-refundable anniversary fee of One Hundred Fifty Thousand Dollars ($150,000.00) (the “2021 Anniversary FeeFees”), which ) equal to fifteen-hundredths of one percent (0.15%) of the Revolving Line shall be fully earned as of the Effective Date and is due and payable on the earliest earlier to occur of (i) the two each such twelve (212) year month anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving Line Maturity DateLine, or (iii) the occurrence of an Event of Default, and (iv) the termination of this Agreement;

Anniversary Fee. A fully-earnedFor each twelve (12) month anniversary of the Effective Date, a non-refundable anniversary fee of One Hundred Fifty Thousand Dollars ($150,000.00) (each, an “Anniversary Fee” and, collectively, the “2021 Anniversary FeeFees”), ) equal to 0.50% of the Revolving Line which shall be fully earned as of the Effective Date and due and payable on the earliest to occur of (i) the two such twelve (212) year month anniversary of the Effective Date, (ii) the Revolving Line Maturity Date, (iii) the occurrence of an Event of Default, and (iviii) the termination of this Agreement;

Anniversary Fee. A fully-earned, non-refundable An anniversary fee equal to one quarter of One Hundred Fifty Thousand Dollars one percent ($150,000.000.25%) per annum of the outstanding portion of the Revolving Line, as determined by Bank, computed on the basis of a year with the applicable number of days as set forth in Section 1.4(e) (the “2021 Anniversary Fee”), which shall be earned as of the Effective Date is due and payable on the earliest earlier to occur of (i) the two (2) year each anniversary of the Effective Date, (ii) the Revolving Line Maturity Datetermination of this Agreement, or (iii) the occurrence of an Event of Default, and (iv) the termination shall be fully earned and non-refundable as of this Agreementsuch date;