Common use of Field Examination Fees Clause in Contracts

Field Examination Fees. The Borrowers shall pay to the 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 in an amount equal to the sum of 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 Lender for the type of field examination conducted.

Appears in 1 contract

Sources: Financing and Security Agreement (Rand Worldwide Inc)

Field Examination Fees. The Borrowers Borrower shall pay to the 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 the Borrowers' books and records in an amount equal prior to an Event of Default, not to exceed the sum Lender's actual costs of a $300 administrative fee plus $850 per obtaining such field examiner per day plus reimbursement of all out-of-pocket expenses and costs or in such other amounts as customarily charged by the Lender for the type of field examination conductedaudit.

Appears in 1 contract

Sources: Business Loan and Security Agreement (Vse Corp)

Field Examination Fees. The Borrowers Borrower shall pay to the Lender 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 equal prior to an Event of Default, not to exceed the sum Agent’s actual costs of a $300 administrative fee plus $850 per obtaining such field examiner per day plus reimbursement of all out-of-pocket expenses and costs or in such other amounts as customarily charged by the Lender for the type of field examination conductedexamination.

Appears in 1 contract

Sources: Business Loan and Security Agreement (Vse Corp)

Field Examination Fees. The Borrowers Borrower shall pay to the Lender 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 equal prior to an Event of Default, not to exceed the sum Agent's actual costs of a $300 administrative fee plus $850 per obtaining such field examiner per day plus reimbursement of all out-of-pocket expenses and costs or in such other amounts as customarily charged by the Lender for the type of field examination conductedexamination.

Appears in 1 contract

Sources: Business Loan and Security Agreement (Vse Corp)