Collateral Exam Fees. The Borrower shall pay the Lender fees in connection with any collateral exams, 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 collateral exam fees (which fees are currently $95 per hour per collateral examiner), together with all actual out-of-pocket costs and expenses incurred in conducting any such collateral examination or inspection.
Collateral Exam Fees. Company shall pay Xxxxx Fargo fees in connection with any collateral exams, audits or inspections conducted by or on behalf of Xxxxx Fargo at the current rates established from time to time by Xxxxx Fargo as its collateral exam fees (which fees are currently $125.00 per hour per collateral examiner), together with all actual out-of-pocket costs and expenses incurred in conducting any collateral examination or inspection.
Collateral Exam Fees. The Borrowers shall pay the Lender fees in connection with any collateral exams, audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrowers' operations or business at the rates established from time to time by the Lender as its collateral exam fees (which fees are currently $950 per day per collateral examiner), together with all actual out-of-pocket costs and expenses incurred in conducting any such collateral examination or inspection.
Collateral Exam Fees. The Borrower shall pay the Lender fees in connection with any collateral exams, 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 (which fees are currently $125 per hour per collateral examiner), together with any related out-of-pocket costs and expenses incurred by the Lender. Notwithstanding the foregoing, unless an Event of Default shall have occurred, Lender shall not conduct more than one such collateral exam, audit or inspection quarterly.
Collateral Exam Fees. Companies shall pay Xxxxx Fargo fees in connection with any collateral exams, audits or inspections conducted by or on behalf of Xxxxx Fargo at the current rates established from time to time by Xxxxx Fargo as its collateral exam fees (which fees are currently $105 per day per collateral examiner), together with all actual out-of-pocket costs and expenses incurred in conducting any collateral examination or inspection; but Companies shall not, with the exception of fees, costs, and expenses incurred during Default Periods, be required to reimburse Xxxxx Fargo to the extent that the fees, costs and expenses incurred after the date of this Agreement exceed (i) $20,000 during the one-year period after the date of this Agreement, or (ii) $15,000 during any one-year period after the first anniversary of this Agreement. So long as no Default Period has occurred, Xxxxx Fargo does not intend to conduct collateral examinations, audits, or inspections more frequently than once every 90 days; provided that after the first anniversary of this Agreement, Xxxxx Fargo does not intend to conduct collateral examinations, audits, or inspections more frequently than once every 120 days if the following conditions precedent are satisfied: (A) no Default Period is existing; (B) Companies are performing at a level that is equal to or better than the financial projections that are presented to Xxxxx Fargo by Companies prior to the initial Advance and on an annual basis thereafter; and (C) average daily Excess Availability measured on a rolling 90-day basis is greater than $2,000,000.
Collateral Exam Fees. The Borrower shall pay the Administrative Agent fees in connection with any collateral exams, audits or inspections conducted by or on behalf of the Administrative Agent of any Collateral or of the Borrower’s operations or business at the rates established from time to time by the Administrative Agent, together with any related out-of-pocket costs and expenses incurred by the Administrative Agent.
Collateral Exam Fees. The Borrower shall pay the Lender fees in connection with any collateral exams, 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 collateral exam fees (which fees are currently $100 per hour per collateral examiner), together with all actual out-of-pocket costs and expenses incurred in conducting any such collateral examination or inspection; provided, however, that except during Default Periods, the Borrower shall not have to reimburse the Lender for fees, costs and expenses for more than four audits per year.
Collateral Exam Fees. Borrower shall pay Xxxxx Fargo fees in connection with any collateral exams, audits or inspections (“Field Exams”) conducted by or on behalf of Xxxxx Fargo (including Field Exams conducted prior to the initial Advance hereunder), at the current rates established from time to time by Xxxxx Fargo for its customers generally as its collateral exam fees (which fees are currently $1,000.00 per each 8 hour day per collateral examiner (whether the Field Exam shall have been conducted by a Xxxxx Fargo employee or a third party contractor), together with all actual out-of-pocket costs and expenses (which may include the expenses, but no fees of any third party contractor other than the foregoing $1,000.00 daily fee) incurred in conducting any Field Exam; provided, however, that so long as no Event of Default shall have occurred and be continuing, Borrower shall not be obligated to reimburse Xxxxx Fargo for more than four (4) Field Exams during any calendar year; and provided further that in the event that during the period commencing on the date of this Agreement and ending on the first anniversary thereof (i) no Event of Default has occurred and (ii) each of the collateral exams received by Xxxxx Fargo during such period has been in all material respects in form and substance reasonably satisfactory to Xxxxx Fargo, then from and after the first anniversary date of this Agreement, provided no Event of Default shall have occurred and be continuing, Borrower shall not be obligated to reimburse Xxxxx Fargo for more than three (3) Field Exams during any calendar year.
Collateral Exam Fees. The Borrowers shall pay the Lender fees in connection with any collateral exams, audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrowers’ respective operations or business at the rates established from time to time by the Lender as its collateral exam fees (which fees are currently $850 per day per collateral examiner), together with all actual out-of-pocket costs and expenses incurred in conducting any such collateral examination or inspection; provided, however, that except during Default Periods, the Borrowers shall not have to reimburse the Lender for more than four (4) such collateral exams per calendar year.
Collateral Exam Fees. The Borrower shall pay the Lender fees in connection with any collateral exams, 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 collateral exam fees (which fees are currently $950.00 per day per collateral examiner), together with all actual out-of-pocket costs and expenses incurred in conducting any such collateral examination or inspection; provided, however, that during Default Periods, the Borrower shall reimburse the Lender for such fees, costs and expenses as the Lender deems necessary.
