Minimum Monthly Fee. Borrowers shall pay to Lender any amount by which the sum of the interest and Service Fee earned in any month (prorated for partial months) is less than the Minimum Monthly Fee, on the first day of the following month.
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Samples: Loan and Security Agreement (Hylete, Inc.), Loan and Security Agreement (Energy Focus, Inc/De)
Minimum Monthly Fee. Borrowers shall pay to Lender any amount by which the sum of the interest and Service Servicing Fee earned in any month (prorated for partial months) is less than the Minimum Monthly Fee, on the first day of the following month.
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Minimum Monthly Fee. Borrowers Borrower shall pay to Lender any amount by which the sum of the interest and Service Collateral Oversight Fee earned in any month (prorated for partial months) is less than the Minimum Monthly Fee, due on the first day of the following month.
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