Common use of Audit Fees Clause in Contracts

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 3 contracts

Samples: Credit and Security Agreement (Poore Brothers Inc), Subordination Agreement (Autotradecenter Com Inc), Intercreditor Agreement (Naco Industries Inc)

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Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 90 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 3 contracts

Samples: Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (International Displayworks Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 750 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)

Audit Fees. The Borrower Borrowers hereby agrees agree to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the any Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 100 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection, such audits shall be conducted, at the least, on a quarterly basis.

Appears in 2 contracts

Samples: Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Heska Corp)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 750 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 800 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Digital Angel Corp)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 750 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection).

Appears in 2 contracts

Samples: Credit and Security Agreement (Allis Chalmers Corp), Credit and Security Agreement (Allis Chalmers Corp)

Audit Fees. The Borrower hereby agrees Borrowers shall pay to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's Borrowers' operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 600 per hour day per auditor), together with all actual reasonable out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Leather Factory Inc)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 90.00 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Bionova Holding Corp)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 90 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Corsair Components, Inc.)

Audit Fees. The Borrower Borrowers hereby agrees jointly and severally agree to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business of either Borrower at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Medical Dynamics Inc)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrowerany Obligor's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 950 per hour day per auditor), together with all actual auditor plus out-of-pocket costs and expenses incurred in conducting any such audit or inspectionexpenses).

Appears in 1 contract

Samples: Credit and Security Agreement (U S Plastic Lumber Corp)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 125 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Nortech Systems Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits audits, appraisals or inspections conducted by or for the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 per hour per auditor), together with all actual out-of-pocket costs costs, fees and expenses incurred in conducting any such audit audit, appraisal or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Meteor Industries Inc)

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Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 95 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection. The Lender will conduct no less than four audits/inspections per year.

Appears in 1 contract

Samples: Credit and Security Agreement (Ag Bag International LTD)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, reasonable audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 125.00 per hour per auditor), together with all actual out-of-pocket costs and expenses reasonably incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (HC2 Holdings, Inc.)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 100 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (2nd Swing Inc)

Audit Fees. The Borrower hereby agrees to Borrowers shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's Borrowers' operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 90 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Netlist Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 75 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Organic Food Products Inc)

Audit Fees. The Borrower hereby agrees to Borrowers shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's Borrowers' operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 95 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Ramtron International Corp)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, reasonable audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 125.00 per hour per auditor), together with all actual out-of-pocket costs and expenses reasonably incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: And Security Agreement (Hc2 Holdings, Inc.)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 125 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection. Section 3 of the Sixth Amendment to Credit and Security Agreement, between the Borrower and the Lender, is hereby deleted.

Appears in 1 contract

Samples: Credit and Security Agreement and Waiver of Defaults (Corsair Components, Inc.)

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