Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.083% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Credit, Term Loan and Security Agreement (PHC Inc /Ma/)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.083.083% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Women First Healthcare Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.083% 0.042%, pro rated for any portion thereof, per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding monthLoan Amount. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Credit and Security Agreement (Ventures National Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.0833% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month commencing April 1, 2006 (starting with which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the month in which the Closing Date occursFirst Restated Credit Agreement).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (NationsHealth, Inc.)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.0833% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month commencing May 1, 2007 (starting with which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the month in which the Closing Date occursSecond Restated Credit Agreement).
Appears in 1 contract
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.12% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Loan and Security Agreement (Access Worldwide Communications Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.10% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day Business Day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.0833% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility and the Overadvance Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occursoccurs in the case of the Revolving Facility, and the month in which the Restatement Date occurs in the case of the Overadvance Facility).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (NationsHealth, Inc.)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.0830.10% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day Business Day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Americas Power Partners Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.125% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding oustanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Derma Sciences, Inc.)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.083% $2,500 per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Teltronics Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.0830.0833% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility and the Overadvance Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occursoccurs in the case of the Revolving Facility, and the month in which the Restatement Date occurs in the case of the Overadvance Facility).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Millstream Acquisition Corp)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.0833% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with commencing on the first day of the first calendar month in which following the Closing Date occurs(which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreement).
Appears in 1 contract
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management FeeCOLLATERAL MANAGEMENT FEE") equal to 0.083% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Opticare Health Systems Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.0830.0625% per month calculated on the basis of the daily average amount of the balances under the Revolving Fee Facility outstanding during the preceding monthCap. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Sunset Brands Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.0830.0833% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Credit and Security Agreement (Millstream Acquisition Corp)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.0830.05% per month calculated on the basis of the daily average outstanding principal amount of the balances under the Revolving Facility outstanding during the preceding such month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Rita Medical Systems Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "“Collateral Management Fee"”) equal to 0.083% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Boston Biomedica Inc)
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.0830.15% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility (excluding any Unfunded L/C Exposure under the L/C Sublimit) outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.0831.5% (per month calculated on the basis annum) of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Term Loan and Security Agreement (Derma Sciences Inc)