Collateral Management Fee. Borrowers shall pay to Agent, for its own account, a collateral management fee of $18,000 per annum, payable in equal monthly installments on the first day of each month.
Appears in 3 contracts
Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)
Collateral Management Fee. Borrowers shall pay to Agent, for its own account, a collateral management fee of $18,000 per annum, payable in equal monthly installments on the first day of each month, a collateral management fee of 18,000 per annum through February, 2019 and $7,500 per annum thereafter.
Appears in 2 contracts
Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)
Collateral Management Fee. The Borrowers shall pay to the Agent, for its own accountthe ratable benefit of the Lenders, a collateral management fee (the "Collateral Management Fee") in the amount of $18,000 10,000 per annummonth, payable monthly in equal monthly installments advance on the first day of each month.
Appears in 1 contract
Samples: Loan and Security Agreement (Laclede Steel Co /De/)
Collateral Management Fee. Borrowers shall pay to Agent, Agent for its own account, account a monthly collateral management fee (the "Collateral Management Fee") in an amount equal to one percent (1.00%) per annum of $18,000 per annum, 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 equal monthly installments arrears on the first day of each monthsuccessive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit, Term Loan, and Security Agreement (Advanced Nutraceuticals Inc/Tx)
Collateral Management Fee. Borrowers shall pay to Agent, Agent for its own account, account a monthly collateral management fee of $18,000 (the "Collateral Management Fee") in an amount equal to 1.0% (per 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 equal monthly installments arrears on the first day of each monthsuccessive calendar month (starting with the month in which the Closing Date occurs).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Covista Communications Inc)
Collateral Management Fee. The Borrowers shall will pay to the Agent, solely for its own account, a collateral management fee of equal to $18,000 125,000 per annum, payable quarterly in equal monthly installments arrears on the first day of each monthcalendar quarter, commencing January 1, 1996.
Appears in 1 contract
Samples: Loan and Security Agreement (Roadmaster Industries Inc)
Collateral Management Fee. Borrowers shall pay to Agent, for its own account, a collateral management fee of $18,000 per annum, payable in equal monthly installments on the first day of each month, a collateral management fee of $18,000 per annum through February, 2019 and $7,500 per annum thereafter.
Appears in 1 contract
Collateral Management Fee. Borrowers Borrower shall pay to Agent, for its own account, a monthly collateral management fee in the amount of $18,000 per annum2,000, which fee shall be fully earned as of the date of this Agreement and shall be payable monthly in equal monthly installments arrears on the first day Business Day of each month.
Appears in 1 contract
Samples: Loan and Security Agreement (Easy Gardener Products LTD)