Common use of Loan Servicing Fee Clause in Contracts

Loan Servicing Fee. For the sole and separate account of Agent, on the first day of each month during the term of this Agreement, a loan servicing fee in an amount equal to $5,000 per month, which amount shall be fully earned and nonrefundable, and be payable in arrears on the first day of each month.

Appears in 1 contract

Samples: Loan and Security Agreement (Southwest Royalties Holdings Inc)

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Loan Servicing Fee. For the sole and separate account of Agent, on the first day of each month during the term of this Agreement, and thereafter so long as any Obligations are outstanding, a loan servicing fee in an amount equal to $5,000 10,000 per month, which amount shall be fully earned and nonrefundable, nonrefundable and be payable in arrears on the first day of each month.

Appears in 1 contract

Samples: Loan and Security Agreement (Petsec Energy Inc)

Loan Servicing Fee. For the sole and separate account of Agent, on the first day of each month during the term of this Agreement, a loan servicing fee in an amount equal to $5,000 3,000 per month, which amount shall be fully earned and nonrefundable, and be payable in arrears on the first day of each month.

Appears in 1 contract

Samples: Loan and Security Agreement (Aureal Semiconductor Inc)

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Loan Servicing Fee. For the sole and separate account of Agent, on the first day of each month during the term of this Agreement, and thereafter so long as any Obligations are outstanding, a loan servicing fee in an amount equal to $5,000 per month, which amount shall be fully earned and nonrefundable, and be payable in arrears on the first day of each month.

Appears in 1 contract

Samples: Loan and Security Agreement (Ram Energy Inc/Ok)

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