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, and thereafter so long as any Obligations are outstanding, a loan servicing fee in an amount equal to $10,000 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 (Petsec Energy 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 $10,000 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)

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 $10,000 5,000 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 (Ram Energy Inc/Ok)

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 $10,000 5,000 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 (Southwest Royalties Holdings Inc)

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Loan Servicing Fee. For the sole and separate account of Borrowers shall pay to Agent, on the first day of each month during the term of this Agreement, and thereafter so long as any Obligations are outstandingfor its own account, a monthly loan servicing fee in an amount equal to One Thousand Five Hundred Dollars ($10,000 per month1,500), plus out-of-pocket costs and expenses, in respect of Agent's services while this Agreement remains in effect and for so long thereafter as any of the Obligations are outstanding, which amount fee shall be fully earned and nonrefundable and be payable on a monthly basis, in arrears advance, on the first day of each month.

Appears in 1 contract

Samples: Loan and Security Agreement (Pc Mall Inc)

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