Common use of Collateral Fee Clause in Contracts

Collateral Fee. From and following the Closing Date, Borrowers shall pay Administrative Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to (i) the average daily balance of the sum of the Revolving Loan Outstandings during the preceding month, multiplied by (ii) five tenths of one percent (0.50%) per annum. Such fee is to be paid monthly in arrears on the first day of each month.

Collateral Fee. From and following the Closing Date, Borrowers shall pay Administrative Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to (i) the average daily balance of the sum of the Revolving Loan Outstandings during the preceding month, multiplied by (ii) five four tenths of one percent (0.500.40%) per annum. Such fee is to be paid monthly in arrears on the first day of each month.

Collateral Fee. From and following the Closing Date, Borrowers shall pay Administrative Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to (i) the average daily balance of the sum of the Revolving Loan Outstandings during the preceding month, multiplied by (ii) five tenths the following percentage, per annum based on the average outstanding balance of one percent (0.50%) per annum. the Loans: Outstandings Balance of Loans Percentage less than $6,000,000 1.0 % $6,000,0000 to $20,000,000 0.5 % greater than $20,000,000 0.25 % Such fee is to be paid monthly in arrears on the first day of each month.

Collateral Fee. From and following the Closing Date, Borrowers shall pay Administrative Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to (i) the average daily balance of the sum of the Revolving Loan Outstandings during the preceding month, multiplied by (ii) five tenths of one percent (0.501.0%) per annum. Such fee is to be paid monthly in arrears on the first day of each month.

Collateral Fee. From and following the Closing Date, Borrowers shall pay Administrative Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to (i) the average daily balance of the sum of the Revolving Loan Outstandings during the preceding month, multiplied by (ii) five tenths of one percent (0.50%) % per annum. Such fee is to be paid monthly in arrears on the first day of each month.