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Common use of ARTS Fee Clause in Contracts

ARTS Fee. Borrower shall pay Bank a monthly ARTS fee of $1,000 per month subject to change as announced by the Bank from time to time. Bank may debit Borrower’s operating account to effectuate such payment, payable in arrears.

Appears in 3 contracts

Samples: Loan and Security Agreement (Halifax Corp), Loan and Security Agreement (Halifax Corp), Loan and Security Agreement (Halifax Corp)

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ARTS Fee. Borrower shall pay Bank a monthly ARTS fee of $1,000 per month subject to change as announced by the Bank from time to timemonth. Bank may debit Borrower’s operating account to effectuate such payment, payable in arrears.

Appears in 1 contract

Samples: Loan and Security Agreement (Halifax Corp)

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ARTS Fee. Borrower shall pay Bank a monthly ARTS fee of $1,000 per month subject to change as announced by the Bank from time to time. Bank may debit Borrower’s 's operating account to effectuate such payment, payable in arrears.

Appears in 1 contract

Samples: Loan and Security Agreement (Halifax Corp)

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