Common use of Collateral Monitoring Fee Clause in Contracts

Collateral Monitoring Fee. Borrower shall pay to Lender a non-refundable collateral monitoring fee in the amount of Two Hundred Fifty and 00/100 ($250.00) Dollars per month, payable on the first day of each month commencing on the first day of the first month following the Funding Date.

Appears in 2 contracts

Samples: Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement by And (CPS Technologies Corp/De/)

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Collateral Monitoring Fee. Borrower shall pay to Lender a non-refundable collateral monitoring fee in the amount of Two Hundred Fifty and 00/100 ($250.00) Dollars per each month, payable on the first day of each month commencing in arrears, on the first day of the first following month, a collateral monitoring fee of $1,000, which fee shall be pro-rated for any month following the Funding Dateduring which this Agreement is in effect for less than a full month.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Collateral Monitoring Fee. Borrower Borrowers shall pay to Lender a non-refundable collateral monitoring fee in the amount of Two Hundred Fifty and 00/100 ($250.00) Dollars per month, payable on the first day of each month commencing on the first day of the first month following the Funding Datea collateral monitoring fee in an amount equal to $2,500.00 per month.

Appears in 1 contract

Samples: Credit and Security Agreement (Canisco Resources Inc)

Collateral Monitoring Fee. Borrower Borrowers shall pay to Lender a non-refundable collateral monitoring fee in the amount of Two Hundred Fifty and 00/100 ($250.00) Dollars 1,500 per month, payable on the Closing Date and on the first day of each month commencing on the first day of the first month following the Funding Datethereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Microphase Corp)

Collateral Monitoring Fee. Borrower shall pay to Lender a non-refundable collateral monitoring fee in the amount of Two Hundred Fifty and 00/100 ($250.00) Dollars 2,000 per month, payable on the Closing Date and on the first day of each month commencing on the first day of the first month following the Funding Datethereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Nutrition 21 Inc)

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Collateral Monitoring Fee. The Borrower shall will pay to Lender a non-refundable collateral monitoring fee to the Lender in the amount of Two Hundred Fifty and 00/100 ($250.00) Dollars 500 per month, payable in advance on the first day of each month commencing on the first day of the first month following the Funding Datemonth.

Appears in 1 contract

Samples: Credit and Security Agreement (Exabyte Corp /De/)

Collateral Monitoring Fee. The Borrower shall pay to the Lender a non-refundable collateral monitoring fee in the amount of Two Hundred Fifty and 00/100 ($250.00) Dollars 1,000 per month, payable on the first day of each month commencing on the first day of the first month following the Funding Datemonth.

Appears in 1 contract

Samples: Credit and Security Agreement (Interpharm Holdings Inc)

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