Common use of Anniversary Fees Clause in Contracts

Anniversary Fees. Fully earned, non-refundable anniversary fees (collectively, the “Anniversary Fees”) of Thirty Seven Thousand Five Hundred Dollars ($37,500.00) which Anniversary Fees shall be earned as of the Effective Date and shall be due and payable on an annual basis on the earlier to occur of (i) December 4th of each year following the Effective Date (including the year in which the Effective Date occurs), (ii) the occurrence of an Event of Default, or (iii) the termination of this Agreement or the Revolving Line;

Anniversary Fees. Fully earned, non-refundable non‑refundable anniversary fees (collectively, the “Anniversary Fees”) of Thirty Seven Twelve Thousand Five Hundred Dollars ($37,500.0012,500.00) which Anniversary Fees shall be earned as of on the Effective Date and shall be due and payable on an annual basis on the earlier earliest to occur of (i) December 4th March 20th of each year following the Effective Date (including the year in which the Effective Date occurs)year, (ii) the occurrence of an Event of Default, or (iii) the termination of this Agreement or the Revolving Line;

Anniversary Fees. Fully earned, non-refundable non‑refundable anniversary fees (collectively, the “Anniversary Fees”) of Thirty Seven Twelve Thousand Five Hundred Dollars ($37,500.0012,500.00) which Anniversary Fees shall be earned as of on the Effective Date and shall be due and payable on an annual basis on the earlier earliest to occur of (i) December 4th each anniversary of each year following the Effective Date (including the year in which the Effective Date occurs)Date, (ii) the occurrence of an Event of Default, or (iii) the termination of this Agreement or the Revolving Line;