Common use of Collateral Management Fee Clause in Contracts

Collateral Management Fee. Borrower shall pay to Lender a monthly collateral management fee (the “Collateral Management Fee”) in an amount equal to One Thousand and 00/100 Dollars ($1,000.00 Dollars). The Collateral Management Fee shall be earned in full on the Effective date and on the first (1st) day of each calendar month until the date the Obligations have been finally and indefeasibly paid in cash to Lender and performed in full. The Collateral Management Fee shall be paid in arrears commencing on the first Banking Day of the calendar month immediately following the Effective Date and on the first Banking Day of each calendar month thereafter. Upon occurrence and during the continuation of a Default or Event of Default, the monthly Collateral Management Fee shall equal Two Thousand and 00/100 Dollars ($2,000.00).

Collateral Management Fee. Borrower shall pay to Lender monthly a monthly collateral management fee (the “Collateral Management Fee”) in an amount equal to One Thousand Five Hundred and 00/100 Dollars ($1,000.00 Dollars1,500.00). The Collateral Management Fee shall be earned in full on the Effective date Date and on the first (1st) day of each calendar month thereafter until the date the all Obligations have been finally and indefeasibly paid to Lender in cash to Lender and performed in full. The Collateral Management Fee shall be paid in arrears commencing on the first Banking Day of the calendar month immediately following the Effective Date and on the first Banking Day of each calendar month thereafter. Upon the occurrence and during the continuation of a Default or Event of Default, the monthly Collateral Management Fee shall equal Two Three Thousand and 00/100 Dollars ($2,000.003,000.00).

Collateral Management Fee. Borrower shall pay to Lender monthly a monthly collateral management fee (the “Collateral Management Fee”) in an amount equal to One Thousand Five Hundred and 00/100 Dollars ($1,000.00 Dollars1,500.00). The Collateral Management Fee shall be earned in full on the Banking Day following the Effective date Date and on the first (1st) day of each calendar month thereafter until the date the all Obligations have been finally and indefeasibly paid to Lender in cash to Lender and performed in full. The Collateral Management Fee shall be paid in arrears commencing on the first Banking Day of the calendar month immediately following the Effective Date and on the first Banking Day of each calendar month thereafter. Upon the occurrence and during the continuation of a Default or Event of Default, the monthly Collateral Management Fee shall equal Two Three Thousand and 00/100 Dollars ($2,000.003,000.00).

Collateral Management Fee. Borrower shall pay to Lender monthly a monthly collateral management fee (the “Collateral Management Fee”) in an amount equal to One Five Thousand and 00/100 Dollars ($1,000.00 Dollars5,000.00). The Collateral Management Fee shall be earned in full on the Effective date Date and on the first (1st) day of each calendar month until the date the Obligations have been finally and indefeasibly paid to Lender in cash to Lender and performed in full. The Collateral Management Fee shall be paid in arrears commencing on the first Banking Day of the calendar month immediately following the Effective Date and on the first Banking Day of each calendar month thereafter. Upon the occurrence and during the continuation of a Default or Event of Default, the monthly Collateral Management Fee shall equal Two Six Thousand Five Hundred and 00/100 Dollars ($2,000.006,500.00).

Collateral Management Fee. Borrower shall pay to Lender a monthly collateral management fee (the “Collateral Management Fee”) in an amount equal to One Three Thousand and 00/100 Dollars ($1,000.00 Dollars3,000). The Collateral Management Fee shall be earned in full on the Eighth Amendment Effective date Date and on the first (1st) day of each calendar month until the date the Obligations have been finally and indefeasibly paid in cash to Lender and performed in full. The Collateral Management Fee shall be paid in arrears commencing on the first Banking Day of the calendar month immediately following the Effective Date and on the first Banking Day of each calendar month thereafter. Upon the occurrence and during the continuation continuance of a Default or Event of Default, the monthly Collateral Management Fee shall equal Two Six Thousand and 00/100 Dollars ($2,000.006,000).

Collateral Management Fee. Borrower shall pay to Lender monthly a monthly collateral management fee (the “Collateral Management Fee”) in an amount equal to One Thousand and 00/100 Dollars ($1,000.00 Dollars)2,500. The Collateral Management Fee shall be earned in full on the Effective date Date and on the first (1st) day of each calendar month thereafter until Full Payment of the date Obligations. In the Obligations have been finally absence of the occurrence and indefeasibly paid in cash to Lender and performed in full. The continuation of an Event of Default the Collateral Management Fee shall be paid in arrears commencing on the first Banking Day of the calendar month immediately following the Effective Date and on the first Banking Day of each calendar month thereafter. Upon occurrence and during thereafter until Full Payment of the continuation of a Default or Event of Default, the monthly Collateral Management Fee shall equal Two Thousand and 00/100 Dollars ($2,000.00)Obligations.