Common use of Minimum Annual Fee Clause in Contracts

Minimum Annual Fee. The Borrower shall pay to the Bank a minimum annual fee of Ten Thousand Dollars and no cents ($10,000.00) (the "Minimum Annual Fee"). The Minimum Annual Fee shall be payable in advance, in the manner provided in Section 2.11 herein, on the Effective Date for the first year hereunder, and on each anniversary of the Effective Date for each subsequent year. The Minimum Annual Fee shall be pro-rated for any partial year.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Mission West Properties Inc)

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Minimum Annual Fee. The Borrower shall pay to the Bank a minimum annual fee of Ten Nineteen Thousand and 00/100 Dollars and no cents ($10,000.0019,000.00) (the "Minimum Annual Fee"). The Minimum Annual Fee shall be payable in advance, in the manner provided in Section 2.11 herein, on the Effective Date October 15, 2009 for the first partial year hereunder, and on September 15, 2010 and each anniversary of the Effective Date September 15 thereafter for each any subsequent year. The Minimum Annual Fee shall be pro-rated for any partial year.

Appears in 1 contract

Samples: Change in Terms Agreement (Mission West Properties Inc)

Minimum Annual Fee. The Borrower shall pay to the Bank a minimum annual fee of Ten Thousand Dollars and no cents ($10,000.00) (the "Minimum Annual Fee"). The Minimum Annual Fee shall be payable in advance, in the manner provided in Section 2.11 herein, on the Effective Date for the first year hereunder, and on each anniversary of the Effective Date for each subsequent year. The Minimum Annual Fee shall be pro-rated for any partial year.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Mission West Properties Inc)

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Minimum Annual Fee. The Borrower shall pay to the Bank a minimum annual fee of Ten Seventeen Thousand Five Hundred and 00/100 Dollars and no cents ($10,000.0017,500.00) (the "Minimum Annual Fee"). The Minimum Annual Fee shall be payable in advance, in the manner provided in Section 2.11 herein, on the Effective Date October 15, 2009 for the first partial year hereunder, and on September 15, 2010 and each anniversary of the Effective Date September 15 thereafter for each any subsequent year. The Minimum Annual Fee shall be pro-rated for any partial year.

Appears in 1 contract

Samples: Change in Terms Agreement (Mission West Properties Inc)

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