Common use of FSC Commissions Clause in Contracts

FSC Commissions. Pay or become obligated for the payment during any fiscal year of the Company, commissions to all related wholly owned foreign sales corporations in excess of $550,000 in aggregate amount plus reimbursement of the reasonable administrative expenses of such wholly owned foreign sales corporations.

Appears in 3 contracts

Samples: Credit Agreement (BMG North America LTD), Security Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD)

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FSC Commissions. Pay or become obligated for the payment during any fiscal year of the Company, commissions to all related wholly owned foreign sales corporations in excess of $550,000 an amount acceptable to the Agent in aggregate amount plus reimbursement of the reasonable administrative expenses of such wholly owned foreign sales corporations.

Appears in 3 contracts

Samples: Credit Agreement (Oxford Automotive Inc), Credit Agreement (Prudenville Manufacturing Inc), Credit Agreement (Prudenville Manufacturing Inc)

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FSC Commissions. Pay or become obligated for the payment during any fiscal year of the Company, commissions to all related wholly owned foreign sales corporations in excess of $550,000 an amount acceptable to the Administrative Agent in aggregate amount plus reimbursement of the reasonable administrative expenses of such wholly owned foreign sales corporations.

Appears in 2 contracts

Samples: Credit Agreement (Oxford Automotive Inc), Credit Agreement (Oxford Automotive Inc)

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