Common use of Cash Management Fees Clause in Contracts

Cash Management Fees. After the occurrence of a Cash Management Event, a fee shall accrue on the outstanding principal balance of the Note and all other amounts due to Lender under the Loan Documents at a rate of .015% per annum which fee shall be paid, by Borrower to Lender, on each Payment Date, for the Interest Accrual Period immediately preceding such Payment Date.

Appears in 2 contracts

Samples: Loan Agreement (Alternative Living Services Inc), Loan Agreement (Alternative Living Services Inc)

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Cash Management Fees. After the occurrence of a Cash -------------------- Management Event, a fee shall accrue on the outstanding principal balance of the Note and all other amounts due to Lender under the Loan Documents at a rate of .015% per annum annum, which fee shall be paid, by Borrower to Lender, on each Payment Date, for the Interest Accrual Period immediately preceding such Payment Date.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

Cash Management Fees. After the occurrence of a Cash Management -------------------- Event, a fee shall accrue on the outstanding principal balance of the Note and all other amounts due to Lender under the Loan Documents at a rate of .015% per annum which fee shall be paid, by Borrower to Lender, on each Payment Date, for the Interest Accrual Period immediately preceding such Payment Date.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

Cash Management Fees. After the occurrence of a Cash Management Event, a fee shall accrue on the outstanding principal balance of the Note and all other amounts due to Lender under the Loan Documents at a rate of .015% per annum which fee shall be paid, by Borrower to Lender, on each Payment Date, for the Interest Accrual Period immediately preceding such Payment Date.

Appears in 1 contract

Samples: Loan Agreement (Alterra Healthcare Corp)

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Cash Management Fees. After the occurrence of a Cash -------------------- Management Event, a fee shall accrue on the outstanding principal balance of the Note and all other amounts due to Lender under the Loan Documents at a rate of .015% per annum which fee shall be paid, by Borrower to Lender, on each Payment Date, for the Interest Accrual Period immediately preceding such Payment Date.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

Cash Management Fees. After the occurrence of a Cash Management Event, a fee shall accrue on the outstanding principal balance of the Note and all other amounts due to Lender under the Loan Documents at a rate of .015% per annum annum, which fee shall be paid, by Borrower to Lender, on each Payment Date, for the Interest Accrual Period immediately preceding such Payment Date.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

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