Common use of Field Examination Fee Clause in Contracts

Field Examination Fee. Borrower shall pay to Lender a fee (the “Field Examination Fee”) in an amount equal to Eight Hundred and Fifty Dollars ($850.00) per day per examiner, plus out-of-pocket expenses for each examination of Borrower’s Books or the other Collateral performed by Lender or its designee.

Appears in 1 contract

Samples: Loan and Security Agreement (Corporate Resource Services, Inc.)

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Field Examination Fee. Upon demand, Borrower shall is to pay to Lender a field examination fee (the “Field Examination Fee”) in an amount equal to Eight Hundred and Fifty Dollars (of $850.00) 750.00 per day per examinerman/day, plus out-of-pocket expenses expenses. Such fees are deemed earned in full on the date when same are due and payable hereunder and are not subject to rebate or pro ration upon termination of this Agreement for each examination of Borrower’s Books or the other Collateral performed by Lender or its designeeany reason.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Media Sciences International Inc)

Field Examination Fee. Upon demand, Borrower shall is to pay to Lender a field examination fee of $750.00 per man/day (the “Field Examination Fee”) in not to exceed $12,000.00 per annum, provided that an amount equal to Eight Hundred and Fifty Dollars ($850.00) per day per examinerevent of Default has not occurred), plus out-of-pocket expenses expenses. Such fees are deemed earned in full on the date when same are due and payable hereunder and are not subject to rebate or pro ration upon termination of this Agreement for each examination of Borrower’s Books or the other Collateral performed by Lender or its designeeany reason.

Appears in 1 contract

Samples: Secured Revolving Loan Note (Media Sciences International Inc)

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Field Examination Fee. Borrower shall pay to Lender a fee (the Field Examination Fee) in an amount equal to Eight Nine Hundred and Fifty Ninety-Five Dollars ($850.00995) per day day, per examiner, examiner plus out-of-pocket expenses for each examination of Borrower’s 's Books or the other Collateral performed by Lender or its designee.

Appears in 1 contract

Samples: Loan and Security Agreement (Ag&e Holdings Inc.)

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