Common use of Loan Servicing Fee Clause in Contracts

Loan Servicing Fee. From and after the Effective Date and until the later of (i) the Final Maturity Date and (ii) the date on which all Obligations are paid in full, the Borrower shall pay to the Administrative Agent for the account of the Agents, in accordance with a written agreement between such Agents, a non-refundable loan servicing fee (the “Loan Servicing Fee”) equal to $30,000 each quarter, which shall be 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 quarterly in advance thereafter on the first day of each calendar quarter commencing on January 1, 2005.

Appears in 1 contract

Samples: Financing Agreement (Russ Berrie & Co Inc)

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Loan Servicing Fee. From and after the Effective Date and until the later of (i) the Final Maturity Date and (ii) the date on which all Obligations are paid in full, the Borrower shall pay to the Administrative Agent for the account of the Agents, in accordance with a written agreement between such AgentsAgent, a non-refundable loan servicing fee (the “Loan Servicing Fee”"LOAN SERVICING FEE") equal to $30,000 7,500 each quartermonth, which shall be deemed fully earned when paid and which shall be payable on the Effective Date (payable ratably based on the number of days remaining in the calendar quarter month in which the Effective Date occurs) and quarterly monthly in advance thereafter on the first day of each calendar quarter month commencing on January December 1, 20052002.

Appears in 1 contract

Samples: Financing Agreement (Columbus McKinnon Corp)

Loan Servicing Fee. From and after the Effective Date and until the later of (i) the Final Maturity Date and (ii) the date on which all Obligations are paid in full, the Borrower Borrowers shall pay to the Administrative Agent for the account of the Agents, in accordance with a written agreement between such Agents, a non-refundable loan servicing fee (the "Loan Servicing Fee") equal to $30,000 10,000 each quartermonth, which shall be deemed fully earned when paid and which shall be payable on the Effective Date (payable ratably based on the number of days remaining in the calendar quarter month in which the Effective Date occurs) and quarterly monthly in advance thereafter on the first day of each calendar quarter month commencing on January February 1, 20052004.

Appears in 1 contract

Samples: Financing Agreement (Foster Wheeler LTD)

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Loan Servicing Fee. From and after the Effective Date and until the later of (i) the Final Maturity Date and (ii) the date on which all Obligations are paid in full, the Borrower shall pay to the Administrative Agent for the account of the Agents, in accordance with Collateral Agent a written agreement between such Agents, a non-non- refundable loan servicing fee (the "Loan Servicing Fee") equal to $30,000 25,000 each quarter, which shall be deemed fully earned when paid and which shall be 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 quarterly in advance thereafter on the first day of each calendar quarter commencing on January July 1, 20052004.

Appears in 1 contract

Samples: Financing Agreement (Eagle Family Foods Inc)

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