Common use of Recovery Fee Clause in Contracts

Recovery Fee. If Borrower fails to remit any Collections to Lender as provided in Section 2.5, Borrower shall in each case pay to Lender the Recovery Fee for such Collections.

Appears in 12 contracts

Samples: Business Financing Agreement (Giga Tronics Inc), Business Financing Agreement (Inuvo, Inc.), Business Financing Modification Agreement (Rimini Street, Inc.)

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Recovery Fee. If Borrower fails to remit any Collections to Lender as provided in Section 2.5herein provided, Borrower shall in each case pay to Lender the Recovery Fee for the amount of such Collections.

Appears in 6 contracts

Samples: HTM Agreement, Business Financing Agreement (Kana Software Inc), Business Financing Agreement (Tripath Technology Inc)

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Recovery Fee. If Borrower fails to remit any Collections to Lender as provided in Section 2.5, Borrower shall in each case pay to Lender lender the Recovery Fee for such Collections.

Appears in 1 contract

Samples: Business Financing Agreement (Balqon Corp.)

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