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 Collateral Agent a non- refundable loan servicing fee (the "Loan Servicing Fee") equal to $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 July 1, 2004.

Appears in 1 contract

Samples: Financing Agreement (Eagle Family Foods 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 Collateral Agent Agent, a non- non-refundable loan servicing fee (the "Loan Servicing Fee") equal to $25,000 4,200 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 July August 1, 20042007.

Appears in 1 contract

Samples: Financing Agreement (Metalico Inc)

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 Collateral Agent Agent, a non- non-refundable loan servicing fee (the "Loan Servicing Fee") equal to $25,000 7,500 each quarter, which shall be deemed fully earned when paid due 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 July April 1, 20042007.

Appears in 1 contract

Samples: Financing Agreement (Gametech International Inc)

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Loan Servicing Fee. From and after the Effective Date and until the later earlier of (i) the Final Term Loan Maturity Date and (ii) the date on which all Obligations are paid in fullfull and the Term Loan Commitments shall have been terminated, the Borrower shall pay to the Administrative Agent Agent, for the account of the Collateral Agent its own account, a non- non-refundable loan servicing fee (the "Loan Servicing Fee") equal to $25,000 15,000 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 occurswithout proration) and thereafter quarterly in advance thereafter on the first day of each calendar quarter commencing on July 1, 2004quarter.

Appears in 1 contract

Samples: Loan Agreement (Luna Innovations Inc)

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