Common use of CLOSING FEE; COLLATERAL MONITORING FEE Clause in Contracts

CLOSING FEE; COLLATERAL MONITORING FEE. A non-refundable closing fee of $15,000, payable at closing (the "Closing Fee"). A non-refundable annual collateral monitoring fee of $10,000 (the "Collateral Monitoring Fee") payable in advance on the Closing Date and on each anniversary of the Closing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Sentry Technology Corp)

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CLOSING FEE; COLLATERAL MONITORING FEE. A non-refundable closing fee of $15,0006,000, payable and fully earned at closing (the "Closing Fee"). A fully earned and non-refundable annual collateral monitoring fee of $10,000 (the "Collateral Monitoring Fee") payable in advance 12,600 per annum, fully earned and owing on the Closing Date and payable in equal monthly installments on the first day of each anniversary month thereafter commencing on the first day of the month following the Closing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Method Products Corp /De)

CLOSING FEE; COLLATERAL MONITORING FEE. A non-refundable closing fee of $15,00062,000, payable and fully earned at closing (the "Closing Fee"). A fully earned and non-refundable annual collateral monitoring fee of $10,000 (the "Collateral Monitoring Fee") 20,000 per annum, payable in advance on the Closing Date and on each anniversary of the Closing Datethereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Edac Technologies Corp)

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CLOSING FEE; COLLATERAL MONITORING FEE. A non-refundable closing fee of $15,000, payable at closing (the "Closing Fee"). A non-refundable annual collateral monitoring fee of $10,000 (the "Collateral Monitoring Fee") 400 per month, payable in advance on the Closing Date and on the first day of each anniversary of the Closing Datemonth thereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Heartland Technology Inc)

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