Common use of Collateral Monitoring Fee Clause in Contracts

Collateral Monitoring Fee. Borrowers shall pay Lender a monthly collateral monitoring fee in an amount equal to 0.10% of the Maximum Revolving Amount per month, payable on the Closing Date and on the first day of each month thereafter until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reason.

Collateral Monitoring Fee. Borrowers shall pay Lender a monthly collateral monitoring fee in an amount equal to 0.10% of the Maximum Revolving Amount per month, payable on the Closing Date and on the first day of each month thereafter commencing March 1, 2016, until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month due date during the Term or the termination of this Agreement for any reason.

Collateral Monitoring Fee. Borrowers shall pay Lender a monthly collateral monitoring fee in an amount equal to one tenth of one percent (0.10% %) of the Maximum Revolving Credit Amount per month, payable on the Closing Date and on the first day of each month thereafter until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reason.

Collateral Monitoring Fee. Borrowers shall pay Lender a monthly collateral monitoring fee in an amount equal to 0.10% of the Maximum Revolving Amount per month, payable on the Closing Date and on one the first day of each month thereafter until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s Borrowers’ account upon the earlier of the first day of each month due date during the Term or the termination of this Agreement for any reason.

Collateral Monitoring Fee. Borrowers Borrower shall pay to Lender a monthly an annual collateral monitoring fee in an the amount equal to 0.10% of $36,000, which fee shall be fully earned on the Closing Date and on each anniversary of the Maximum Revolving Amount per month, Closing Date and be payable in quarterly installments of $9,000 each commencing on the Closing Date and on the first day of each third month thereafter until following the Maturity Date. The Collateral Monitoring Fee for each month ending in which the Closing Date occurs prior to the Commitment Maturity Date shall be deemed fully Date, with any earned but unpaid portion of such fee being payable on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reasonCommitment Maturity Date.

Collateral Monitoring Fee. Borrowers shall pay Lender a monthly collateral monitoring fee in an amount equal to 0.10% of the Maximum Revolving Amount per month, payable on the Closing Date and on the first day of each month thereafter commencing March 1, 2016, until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reason.

Collateral Monitoring Fee. Borrowers shall pay Lender a monthly collateral monitoring fee in an amount equal to 0.100.125% percent of the Maximum Revolving Amount per month, payable on the Closing Date and on the first day of each month thereafter until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reason.

Collateral Monitoring Fee. Borrowers shall pay Lender a monthly collateral monitoring fee in an amount equal to one tenth of one percent (0.10% %) of the Maximum Revolving Amount per month, payable on the Closing Date and on the first day of each month thereafter until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reason.

Collateral Monitoring Fee. Borrowers shall The Borrower agrees to pay Lender to the Agent, for its own account and not for the account of any Lender, a monthly collateral monitoring fee of $10,000.00 per month on the 15th day of each month for each month commencing with the month in an amount equal to 0.10% of the Maximum Revolving Amount per month, payable on which the Closing Date occurs and ending with and including the month in which the Termination Date occurs. The collateral monitoring fee for the month in which the Closing Date occurs will be pro-rated in the event that the Closing Date occurs on a day other than the first day of each month thereafter until the Maturity Date. The Collateral Monitoring Fee for each month ending prior to the Maturity Date shall be deemed fully earned on the Closing Date and shall be payable by a charge to Borrower’s account upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reasonmonth.

Collateral Monitoring Fee. Borrowers Borrower shall pay Lender a monthly collateral monitoring fee in an amount equal to 0.10% $5,000.00 per month commencing on the first day of the Maximum Revolving Amount per month, payable on month following the Closing Date and on the first day of each month thereafter until during the Maturity DateTerm. The Collateral Monitoring Fee for each month ending prior to the Maturity Date collateral monitoring fee shall be deemed fully earned in full on the Closing Date date when same is due and payable hereunder and shall not be payable by a charge subject to Borrower’s account rebate or proration upon the earlier of the first day of each month during the Term or the termination of this Agreement for any reason.