Collateral Management Fee. Borrower shall pay to Lender monthly, in arrears, on the first day of each month, a collateral management fee in the amount of Two Thousand and 00/100 Dollars ($2,000.00). Upon the occurrence of a Default or an Event of Default and during the continuance of such Default or Event of Default, the fee shall, in the sole discretion of Lender, be increased by $1,000.00 per month.
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Samples: Loan Agreement (Hudson Technologies Inc /Ny), Loan Agreement (Hudson Technologies Inc /Ny), Revolving Loan Agreement (Hudson Technologies Inc /Ny)
Collateral Management Fee. Borrower shall pay to Lender monthly, in arrears, on the first day of each month, a collateral management fee in the an amount of Two Thousand and 00/100 Dollars ($2,000.00). Upon the occurrence of a Default or an Event of Default and during the continuance of such Default or Event of Default, the fee shall, in the sole discretion of Lender, be increased by $1,000.00 per month1,500.
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Collateral Management Fee. Borrower shall pay to Lender monthlyLender, monthly in arrears, a collateral management fee of $1,500.00. Such fee shall be due and payable on the first day of each month, a collateral management fee in the amount of Two Thousand and 00/100 Dollars ($2,000.00). Upon the occurrence of a Default or an Event of Default and month during the continuance term of such Default or Event of Default, the fee shall, in the sole discretion of Lender, be increased by $1,000.00 per monththis Loan.
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Collateral Management Fee. Borrower shall pay to Lender monthly, in arrears, on the first day of each month, a collateral management fee in the amount of Two Thousand $1,500. Notwithstanding the foregoing, on and 00/100 Dollars ($2,000.00). Upon after the occurrence of a Default or an Event of Default and during the continuance of such Default or an Event of Default, the collateral management fee shall, in the sole discretion of Lender, shall be increased by $1,000.00 per month3,500.
Appears in 1 contract
Samples: Revolving Loan Agreement (Hirsch International Corp)
Collateral Management Fee. Borrower shall pay to Lender monthly, in arrears, on the first day of each month, a collateral management fee in the an amount of Two One Thousand Five Hundred and 00/100 Dollars ($2,000.001,500.00). Upon the occurrence of a Default or an Event of Default and during the continuance of such Default or Event of Default, the fee shall, in the sole discretion of Lender, be increased by $1,000.00 per month.
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Samples: Loan Agreement (Viewcast Com Inc)
Collateral Management Fee. Borrower Borrowers shall pay to Lender monthly, in arrears, on the first day of each month, a collateral management fee in the an amount of Two One Thousand Five Hundred and 00/100 Dollars ($2,000.001,500.00). Upon Notwithstanding the foregoing, on and after the occurrence of a Default or an Event of Default and during the continuance of such Default or Event of Defaulthereunder, the collateral management fee shall, in the sole discretion of Lender, shall be increased by $1,000.00 per monthmonth over the otherwise applicable collateral management fee.
Appears in 1 contract
Samples: Loan and Security Agreement (A Consulting Team Inc)