Common use of Loan Servicing Fee Clause in Contracts

Loan Servicing Fee. From and after the Closing Date and until the Term Loan Maturity Date, the Borrowers shall pay to the Agent for the account of the Agent, a non‑refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month and payable monthly in arrears on the first day of each calendar month, commencing on April 1, 2017.

Appears in 5 contracts

Samples: Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.)

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Loan Servicing Fee. From and after the Closing Date and until the Term Loan Maturity Date, the Borrowers shall pay to the Agent for the account of the Agent, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month and payable monthly in arrears on the first day of each calendar month, commencing on April 1, 2017.

Appears in 3 contracts

Samples: Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.)

Loan Servicing Fee. From and after the Closing Effective Date and until the Term Loan Maturity Termination Date, the Borrowers shall pay to the Administrative Agent for the account of the AgentAgents, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 7,500 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month payable on the Effective Date and payable monthly in arrears advance thereafter on the first day last Business Day of each calendar month, month commencing on April 1November 30, 20172018.

Appears in 2 contracts

Samples: Financing Agreement (SMTC Corp), Financing Agreement (SMTC Corp)

Loan Servicing Fee. From and after the Closing Effective Date and until the Term Loan Final Maturity Date, the Borrowers shall pay to the Agent for the account of the Agent, for its own account, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 5,250 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month and payable monthly in arrears advance on the Effective Date and the first day of each calendar monthmonth of each year, commencing on April January 1, 20172005.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Loan Servicing Fee. From and after the Closing Effective Date and until the Term Loan Final Maturity Date, the Borrowers shall pay to the Agent for the account of the Agent, for its own account, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 5,250 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month and payable monthly in arrears advance on the Effective Date and the first day of each calendar month, commencing on April 1, 2017month thereafter.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Loan Servicing Fee. From and after the Closing Effective Date and until the Term Loan later of (i) the Final Maturity DateDate and (ii) the date on which all Obligations are paid in full, the Borrowers shall pay to the Agent for the account of the Agent, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 3,000 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month payable on the Effective Date and payable monthly in arrears advance thereafter on the first day of each calendar month, commencing on April 1, 20172011.

Appears in 1 contract

Samples: Credit Agreement (Cornerworld Corp)

Loan Servicing Fee. From and after the Closing Effective Date and until the Term Loan Final Maturity Date, the Borrowers Borrower shall pay to the Administrative Agent for the account of the AgentAgents, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 15,000 each monthquarter, which shall be deemed fully earned when paid and which shall be pro rated for any partial month payable on the Effective Date (payable ratably based on the number of days remaining in the calendar quarter in which the Effective Date occurs) and payable monthly quarterly in arrears advance thereafter on the first day of each calendar month, quarter commencing on April 1, 2017after the Effective Date.

Appears in 1 contract

Samples: Financing Agreement (Ezcorp Inc)

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Loan Servicing Fee. From and after the Closing Date and until the Term Loan Maturity Date, the Borrowers shall pay to the Agent for the account of the Agent, a non‑refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 each month, which shall be deemed fully earned when paid and which shall be pro rated 37 for any partial month and payable monthly in arrears on the first day of each calendar month, commencing on April 1, 2017.

Appears in 1 contract

Samples: Financing Agreement (Select Interior Concepts, Inc.)

Loan Servicing Fee. From and after the Closing Effective Date and until the Term Loan Final Maturity Date, the Borrowers shall pay to the Administrative Agent for the account of the Agent, Agents in accordance with a non‑refundable written agreement between such Agents a non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 20,000 each monthquarter, which shall be deemed fully earned when paid and which shall be pro rated for any partial month and payable monthly quarterly in arrears advance on the first day of each calendar month, quarter commencing on April January 1, 20172003.

Appears in 1 contract

Samples: Financing Agreement (High Voltage Engineering Corp)

Loan Servicing Fee. From and after the Closing Date and until the Term Loan later of (i) the Maturity DateDate and (ii) the date on which all Obligations are paid in full, the Borrowers Borrower shall pay to the Agent for the account of the Agent, for its sole account, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 7,500 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month payable on the Closing Date and payable monthly in arrears advance thereafter on the first day of each calendar month, commencing on April 1, 2017.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)

Loan Servicing Fee. From and after the Closing Effective Date and until the Term Loan Maturity Datedate on which all Obligations are paid in full in cash and all Commitments have been terminated, the Borrowers Borrower shall pay to the Administrative Agent for the account of the AgentAgents, a non‑refundable non-refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 2,000 each monthmonth (or portion thereof), which shall be deemed fully earned when paid and which shall be pro rated for any partial month and payable monthly in arrears advance on the first day of each calendar monthmonth after the Effective Date, commencing on April 1, 20172004.

Appears in 1 contract

Samples: Financing Agreement (Mattress Holding Corp.)

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