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 0.0625% per month of the Fee Facility Cap. 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)

AutoNDA by SimpleDocs

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management COLLATERAL MANAGEMENT Fee") equal to 0.06250.083% per month of the Fee daily average amount of the balances under the Revolving Facility Capoutstanding 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 FeeCOLLATERAL MANAGEMENT FEE") equal to 0.0625% one quarter of one percent per month annum calculated on the basis of the Fee daily average amount of the balances under the Revolving A Facility Capand the Revolving B 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 (Western Express Holdings, Inc.)

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "β€œCollateral Management Fee"”) equal to 0.06250.10% per month of the Fee daily average amount of the balances under the Revolving Facility Capoutstanding 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 (Americasdoctor Inc)

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.06250.10% per month of the Fee daily average amount of the balances under the Revolving Facility Capoutstanding 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)

AutoNDA by SimpleDocs

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management FeeCOLLATERAL MANAGEMENT FEE") equal to 0.06250.083% per month of the Fee daily average amount of the balances under the Revolving Facility Capoutstanding 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 FeeCOLLATERAL MANAGEMENT FEE") equal to 0.06250.105% per month calculated on the basis of the Fee daily average amount of the aggregate balances under the Revolving Facility Capand the Term Loan 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 occursFebruary 1, 2003).

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Security Agreement (Coast Dental Services Inc)

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.06250.083% per month calculated on the basis of the Fee daily average amount of the balances under the Revolving Facility Capoutstanding 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 (PHC Inc /Ma/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!