Common use of Collateral Management Fee Clause in Contracts

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) equal to 0.0833% 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 on the first day of the first calendar month following the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreement).

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Security Agreement (NationsHealth, Inc.)

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Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) equal to 0.0833% $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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

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 0.0833% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

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 0.08330.12% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

Appears in 1 contract

Samples: Revolving Credit and Term Loan 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 0.08330.15% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Synavant Inc)

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.08331.5% (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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

Appears in 1 contract

Samples: Revolving Credit, Term Loan 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 0.0833% 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 on the first day of the first calendar month following the Closing Date May 1, 2007 (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Second Restated Credit Agreement).

Appears in 1 contract

Samples: Revolving Credit, Term Loan 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 0.0833% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (occurs in the case of the Revolving Facility, and the month in which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit AgreementRestatement 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 0.08330.05% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

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 0.0833% 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 on the first day of the first calendar month following the Closing Date April 1, 2006 (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third First Restated Credit Agreement).

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (NationsHealth, Inc.)

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Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) equal to 0.08330.125% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

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 0.0833% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (occurs in the case of the Revolving Facility, and the month in which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit AgreementRestatement 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 0.08330.083% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

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 0.0833.083% 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 commencing on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

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 0.0833% 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 on (starting with the first day of the first calendar month following in which the Closing Date (which monthly payment shall include any accrued and unpaid Collateral Management Fee existing under the Third Restated Credit Agreementoccurs).

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Millstream Acquisition Corp)

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