Common use of Audit Fee Clause in Contracts

Audit Fee. Ideal shall pay to the Agent for its own account an audit fee of L500 per day per field examiner charge (the "AUDIT FEE") in respect of the periodic inspection of the Collateral required by the Agent in accordance with this Agreement and shall also pay on demand all out of pocket expenses incurred by the Agent in connection with any such inspection.

Appears in 3 contracts

Samples: Syndicated Credit Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc)

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Audit Fee. Ideal shall pay to the Agent for its own account an audit fee of L500 (pound)500 per day per field examiner charge (the "AUDIT FEE") in respect of the periodic inspection of the Collateral required by the Agent in accordance with this Agreement and shall also pay on demand all out of pocket expenses incurred by the Agent in connection with any such inspection.

Appears in 1 contract

Samples: Supplemental Agreement (Bell Microproducts Inc)

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