Common use of Default Waiver Fee Clause in Contracts

Default Waiver Fee. Borrower shall pay the Default Waiver Fee to Lender, immediately upon the waiver by Lender of any Event of Default hereunder, so long as the waiver was done at the Borrower’s request.

Appears in 6 contracts

Samples: Loan and Security Agreement (MusclePharm Corp), Loan and Security Agreement (Jones Soda Co), Loan and Security Agreement (Jones Soda Co)

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Default Waiver Fee. Borrower shall pay the Default Waiver Fee to Lender, immediately upon the waiver by Lender of any Event of Default hereunder, so long as the waiver was done at the Borrower’s 's request.

Appears in 2 contracts

Samples: Loan and Security Agreement (3do Co), Loan and Security Agreement (Genio Group Inc)

Default Waiver Fee. Borrower Borrowers shall pay the Default Waiver Fee to Lender, immediately upon the waiver by Lender of any Event of Default hereunder, so long as hereunder and when the waiver was done at Borrower is not being cooperative with the Borrower’s requestLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Energy Focus, Inc/De)

Default Waiver Fee. Borrower Borrowers shall pay the Default Waiver Fee to Lender, immediately upon the waiver by Lender Xxxxxx of any Event of Default hereunder, so long as the waiver was done at the Borrower’s Borrowers’ request.

Appears in 1 contract

Samples: Loan and Security Agreement (Hylete, Inc.)

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Default Waiver Fee. Borrower shall pay the Default Waiver Fee to Lender, immediately upon the waiver by Lender of any Event of Default hereunder, so long as the waiver was done at the Borrower’s request.

Appears in 1 contract

Samples: Loan and Security Agreement (Synthetech Inc)

Default Waiver Fee. Borrower Borrowers shall pay the Default Waiver Fee to Lender, immediately upon the waiver by Lender of any Event of Default hereunder, so long as the waiver was done at the Borrower’s Borrowers’ request.

Appears in 1 contract

Samples: Loan and Security Agreement (LIVE VENTURES Inc)

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