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 outstanding Obligations are paid in full, 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 $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, 2005.

Appears in 1 contract

Sources: Financing Agreement (North Atlantic Trading Co 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 outstanding Obligations are paid in full, the Borrowers Borrower shall pay to the Administrative Agent for the account of the Agent, Collateral Agent a non-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, 20052004.

Appears in 1 contract

Sources: Financing Agreement (Eagle Family Foods 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 outstanding Obligations are paid in full, the Borrowers 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 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, 20052007.

Appears in 1 contract

Sources: Financing Agreement (Gametech International 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 outstanding Obligations are paid in full, the Borrowers shall pay to the Administrative Agent for the account of the AgentAgents, a non-refundable loan servicing fee (the "Loan Servicing Fee") equal to $25,000 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 July February 1, 20052004.

Appears in 1 contract

Sources: Financing Agreement (Foster Wheeler LTD)

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 outstanding Obligations are paid in full, the Borrowers Borrower shall pay to the Administrative Agent for the account of the AgentAgents, in accordance with a written agreement between such Agents, a non-refundable loan servicing fee (the "Loan Servicing Fee") equal to $25,000 30,000 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 January 1, 2005.

Appears in 1 contract

Sources: Financing Agreement (Russ Berrie & Co Inc)