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 $62.50 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 4 contracts

Samples: Credit and Security Agreement (Medical Graphics Corp /Mn/), Credit and Security Agreement (Lectec Corp /Mn/), Credit and Security Agreement (Micro Component Technology Inc)

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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 $62.50 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 (Autotradecenter Com Inc), Credit and Security Agreement (Poore Brothers Inc), Intercreditor Agreement (Naco Industries 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 operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $62.50 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 2 contracts

Samples: Credit and Security Agreement (Metretek Technologies Inc), Credit and Security Agreement (Metretek Technologies 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 $62.50 70 per hour 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 (Chaparral Network Storage Inc), Credit and Security Agreement (Atrix Acquisition 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 seventy-five dollars ($62.50 75.00) per hour 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 (Educational Insights Inc)

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 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 $62.50 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 (Nu Kote Holding Inc /De/)

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 $62.50 90.00 per hour day 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: Credit and Security Agreement (Schuff International 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 (at the rate established from time to time by the Lender or the Servicer as its audit fees, which fees are currently $62.50 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 (Nicollet Process Engineering 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 operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $62.50 87.50 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 (Metretek Technologies 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 $62.50 700 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 1 contract

Samples: Credit and Security Agreement (Seair Group Inc)

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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 AS ITS AUDIT FEES (which fees are currently $62.50 $ 1,000 per hour per auditorquarter beginning January 1, 1999), together with plus reasonable out-of-pocket costs and expenses, and during Default Periods 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 (Futech Interactive Products Inc)

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 operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $62.50 81.25 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 (Microtel International 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 $62.50 800.00 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection. Such audits shall be limited to four times a year absent the existence of a Default Period.

Appears in 1 contract

Samples: Credit and Security Agreement (Kitty Hawk 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 Seventy Five Dollars ($62.50 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 (Naturade 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 $62.50 75.00 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 (Laser Power Corp/Fa)

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