Common use of Field Examination Fees Clause in Contracts

Field Examination Fees. The Borrower shall pay to the Agent a field examination fee (collectively, the “Field Examination Fees” and individually a “Field Examination Fee”), which Field Examination Fees shall be payable at the time of each field examination of each Borrowers’ books and records in an amount prior to an Event of Default, not to exceed the Agent’s actual costs of obtaining such field examination.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vse Corp)

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Field Examination Fees. The Borrower shall pay to the Agent a field examination fee (collectively, the "Field Examination Fees" and individually a "Field Examination Fee"), which Field Examination Fees shall be payable at the time of each field examination of each Borrowers' books and records in an amount prior to an Event of Default, not to exceed the Agent’s 's actual costs of obtaining such field examination.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vse Corp)

Field Examination Fees. The Borrower shall pay to the Agent Lender a field examination fee (collectively, the "Field Examination Fees" and individually a "Field Examination Fee"), which Field Examination Fees shall be payable at the time of each field examination of each the Borrowers' books and records in an amount prior to an Event of Default, not to exceed the Agent’s Lender's actual costs of obtaining such field examinationaudit.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vse Corp)

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Field Examination Fees. The Borrower Borrowers shall pay to the Agent Lender a field examination fee (collectively, the “Field Examination Fees” and individually a “Field Examination Fee”), which Field Examination Fees shall be payable at the time of each field examination of each Borrowers’ books and records in an amount prior equal to an Event the sum of Default, not to exceed a $300 administrative fee plus $850 per field examiner per day plus reimbursement of all out-of-pocket expenses and costs or in such other amounts as customarily charged by the Agent’s actual costs Lender for the type of obtaining such field examinationexamination conducted.

Appears in 1 contract

Samples: Financing and Security Agreement (Rand Worldwide Inc)

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