Common use of Origination Fee Clause in Contracts

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

Appears in 8 contracts

Samples: Credit and Security Agreement (Pure Earth, Inc.), Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Digital Angel Corp)

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Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000200,000, due and payable upon the execution of this Agreement. The Lender has received $75,000 toward payment of this fee and the fees, costs and expenses described in Section 2.7, Section 8.5, and Section 8.6.

Appears in 2 contracts

Samples: Credit and Security Agreement (Professional Veterinary Products LTD /Ne/), Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)

Origination Fee. The Borrower shall pay the to Lender at closing a fully earned and non-refundable origination fee of $50,000, due and payable upon 50,000.00 (the execution of this Agreement“Origination Fee”).

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Magellan Petroleum Corp /De/)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00025,000, due and payable upon the execution of this Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (2nd Swing Inc), Credit and Security Agreement (Delphax Technologies Inc)

Origination Fee. The Borrower and the Affiliate Borrower shall jointly pay the Lender a fully earned and non-refundable origination fee of $50,00037,500, due and payable upon the execution of this Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc)

Origination Fee. The Borrower shall Borrowers, jointly and severally, hereby agree to pay the Lender a fully earned and non-refundable origination fee of $50,00070,250, due and payable upon the execution of this Agreement. The Lender acknowledges receipt of $90,000 toward payment of this fee and the fees, costs and expenses described in Sections 2.9(e) and 9.7.

Appears in 2 contracts

Samples: Credit and Security Agreement, Credit and Security Agreement (Pemco Aviation Group Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000100,000, due and payable upon the execution of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Advanced BioEnergy, LLC), Credit Agreement (Advanced BioEnergy, LLC)

Origination Fee. The Borrower Borrowers shall pay to the Lender a fully earned and non-refundable origination fee of $50,00025,000, due and payable upon the execution of this Agreement. The Lender acknowledges receipt of $30,000 toward payment of this fee and the fees, costs and expenses described in Sections 2.10(f) and 9.6.

Appears in 1 contract

Samples: Credit and Security Agreement (Leather Factory Inc)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,00010,000, due and payable upon the execution of this Agreement. The Lender acknowledges receipt of $7,500 toward payment of this fee and the fees, costs and expenses described in Section 8.2.

Appears in 1 contract

Samples: Revolving Note (Rsi Systems Inc/Mn)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,00034,000, due and payable upon the execution of this Agreement. The Lender acknowledges receipt of $19,000 toward payment of this fee and the fees, costs and expenses described in Sections 2.7(b) and 9.6.

Appears in 1 contract

Samples: Credit and Security Agreement (First Team Sports Inc)

Origination Fee. The Borrower In consideration of the commitment to make loans and advances to the Borrowers under the Revolving Credit, and to maintain sufficient funds available for such purpose, there has been earned and the Borrowers shall pay to the Lender a fully earned and non-refundable origination fee of $50,000Lender, due and payable upon at the execution of this Agreement, an origination fee of $50,000,00.

Appears in 1 contract

Samples: Loan and Security Agreement (Alloy Inc)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,0005,000, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Hia Inc)

Origination Fee. The Borrower shall pay have paid to Lender an origination fee in the Lender a fully earned and amount of $200,000 by wire transfer in immediately available funds, which origination fee shall be non-refundable origination fee and fully earned as of $50,000, due and payable upon the execution of this Agreementdate hereof.

Appears in 1 contract

Samples: Secured Term Loan Note (Advanced BioEnergy, LLC)

Origination Fee. The Borrower shall pay the Lender as of the date hereof a fully earned and earned, non-refundable origination fee in the amount of $50,000, due and payable upon 2,500 in consideration of the Lender's execution of this AgreementAmendment.

Appears in 1 contract

Samples: Credit Agreement (Hia Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000207,500, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Interpharm Holdings Inc)

Origination Fee. The Borrower shall pay the to Lender a fully earned and earned, non-refundable origination fee refundable, Origination Fee in the amount of fifty thousand and 0/100 dollars ($50,000, 50,000.00) due and payable upon on the execution of this AgreementEffective Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Wisa Technologies, Inc.)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,00015,000, due and payable upon the execution of this Agreement. The Lender acknowledges receipt of $26,000 toward payment of this fee and the fees, costs and expenses described in Sections 2.3(d) and 9.6.

Appears in 1 contract

Samples: Intercreditor Agreement (Naco Industries Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00030,000, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Ag Bag International LTD)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000100,000, due and payable immediately upon the execution making of this Agreementthe Term Advance.

Appears in 1 contract

Samples: Credit and Security Agreement (Gardenburger Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00060,000, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Cost U Less Inc)

Origination Fee. The Borrower Borrowers shall pay the Lender a fully earned and non-refundable origination fee of Fifty Thousand Dollars ($50,000), due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Orion Energy Systems, Inc.)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,000, 50,000 due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/)

Origination Fee. The Borrower shall pay Borrowers have paid the Lender a fully earned and non-refundable origination fee of $50,000, due and payable 25,000 upon the execution of this the Prior Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Netlist Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000135,000, payable in three (3) equal installments of $45,000 due and payable upon the execution of this AgreementAgreement and on the first two anniversaries thereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Provena Foods Inc)

Origination Fee. The Borrower shall pay the Lender as of the date hereof a fully earned and earned, non-refundable origination fee in the amount of $50,000, due and payable upon 1,250 in consideration of the Lender's execution of this AgreementAmendment.

Appears in 1 contract

Samples: Credit Agreement (Hia Inc)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,00010,000, due and payable upon the execution of this Agreement. The Lender acknowledges receipt of $14,000 toward payment of this fee and the fees, costs and expenses described in Sections 2.3(d) and 9.

Appears in 1 contract

Samples: Credit and Security Agreement (Act Teleconferencing Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00030,000, due and payable upon the execution of this Agreement. The Lender has received $30,000 toward payment of this fee and the fees, costs and expenses described in Section 2.9(c) and 8.5.

Appears in 1 contract

Samples: Credit and Security Agreement (Dynamic Materials Corp)

Origination Fee. The Borrower Borrowers shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Pacific Cma Inc)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,00010,000.00, due and payable upon the execution of this Agreement. The Lender acknowledges receipt of $20,000.00 toward payment of this fee and the fees, costs and expenses described in Sections 2.3(b) and 9.7.

Appears in 1 contract

Samples: Credit and Security Agreement (Bentley International Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00040,000, which fee shall be due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Infotech Usa Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00052,500.00, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Bionova Holding Corp)

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Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000100,000.00, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (uBid.com Holdings, Inc.)

Origination Fee. The Borrower Borrowers shall pay the Lender a fully earned and non-refundable origination fee of $50,00015,000, due and payable upon the execution of this Agreement. The Lender has received $20,000 toward payment of this fee and the fees, costs and expenses described in subsection (c) of this Section 2.5 and in Section 8.5.

Appears in 1 contract

Samples: Credit and Security Agreement (Ramtron International Corp)

Origination Fee. The Borrower Borrowers shall pay the Lender as of the date hereof a fully earned and earned, non-refundable origination fee in the amount of $50,000, due 50,000 in consideration of the Lender’s execution and payable upon the execution delivery of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Global Employment Holdings, Inc.)

Origination Fee. The Borrower shall Borrowers hereby jointly and severally agree to pay the Lender a fully earned and non-refundable origination fee of $50,00015,000, of which $10,000 shall be due and payable upon the execution of this AgreementAgreement and the remaining $5,000 shall be due and payable on October 9, 1999.

Appears in 1 contract

Samples: Credit and Security Agreement (Medical Dynamics Inc)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of Twenty Five Thousand Dollars ($50,00025,000), due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Telular Corp)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000175,000, due and payable upon at the execution of time the initial Advances are available under this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Gardenburger Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement. The Lender has received $25,000 towards payment of this fee.

Appears in 1 contract

Samples: Credit and Security Agreement (Staar Surgical Co)

Origination Fee. The Upon execution and delivery of this Agreement, Borrower shall pay to Lender an origination fee in the Lender a amount of $30,000, which fee shall be fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement. No portion of the origination fee shall be refundable in the event of any early termination of this Agreement or otherwise.

Appears in 1 contract

Samples: Loan and Security Agreement (InterMetro Communications, Inc.)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000250,000, due and payable upon the execution of this Agreement. The Lender has received $75,000 toward payment of this fee and the fees, costs and expenses described in Section 2.7, Section 8.5, and Section 8.6.

Appears in 1 contract

Samples: Credit and Security Agreement (MGP Ingredients Inc)

Origination Fee. The Borrower shall pay the to Lender a fully earned and non-refundable an origination fee of $50,00080,000, due which shall be deemed fully earned and payable upon the Borrower's execution and delivery of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Miltope Group Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00063,000, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Pw Eagle Inc)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of One Hundred Twelve Thousand Five Hundred Dollars ($50,000, 112,500) which shall be due and payable upon on the execution of this AgreementFunding Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Heartland Technology Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, 50,000 due and payable upon the execution of this AgreementClosing Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Gaia, Inc)

Origination Fee. The Borrower shall pay to the Lender Lender, on the date hereof, a fully earned and earned, non-refundable origination fee in the amount of $50,000, due and payable upon the execution of this Agreement25,000.00.

Appears in 1 contract

Samples: Credit and Security Agreement (HC2 Holdings, Inc.)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000100,000, due and payable upon the execution of this Agreement. The Lender has received $20,000 toward payment of this fee and the fees, costs and expenses described in Section 2.6, Section 8.5, and Section 8.6.

Appears in 1 contract

Samples: Credit and Security Agreement (Exabyte Corp /De/)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00040,000, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,00015,000, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Atrix Acquisition Corp)

Origination Fee. The Borrower shall hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $50,000one percent (1.00%) of the Maximum Line, due and payable upon the execution of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Nebo Products Inc)

Origination Fee. The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,00056,250, due and payable upon the execution of this Agreement. The Lender has received $30,000 toward payment of this fee and the fees, costs and expenses described in Sections 2.13(b) and 8.6.

Appears in 1 contract

Samples: Credit and Security Agreement (Corsair Components, Inc.)

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