Field Examination Fee definition

Field Examination Fee and "Field Examination Fees" have the meanings described in Section 2.7.3(Field Examination Fees).

Field Examination Fee has the meaning specified therefor in Section 2.08(d) hereof.

Field Examination Fee the fee specified as such in the Receivables Schedule, or such other amount as may be specified from time to time by the Purchaser. Financial Institution: any bank, investment bank, trust company, credit union, thrift, broker-dealer, investment, loan or finance company, insurance company or other depository institution of similar ilk. Funded Amount: for any Eligible Debt, an amount equal to the excess of the Purchase Price of such Eligible Debt over the Dilution Reserve calculated for such Eligible Debt. Funding Limit: as specified in the Receivables Schedule. GAAP: generally accepted accounting principles in the United States of America, as in effect from time to time, set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants, in the statements and pronouncements of the Financial Accounting Standards Board and in such other statements by such other entity as may be in general use by significant segments of the accounting profession that are applicable to the circumstances as of the date of determinations. Subject to Section 1.2(e) of this Exhibit A, all references to GAAP shall be to GAAP applied consistently with the principles used in the preparation of the financial statements described in section.

Examples of Field Examination Fee in a sentence

• The Agent agrees that the initial portion of the Field Examination Fee payable on the Closing Date shall be pro rated for the actual number of days for the period commencing on the Closing Date and ending on January 31, 1997.

• The Field Examination Fee shall be in the amount of Forty Thousand Dollars ($40,000) per annum.

• Borrower agrees to pay to BACC a fee (Field Examination Fee) in an amount equal to Seven Hundred Fifty Dollars ($750.00) per day per examiner plus out of pocket expenses for each examination of Borrower's Books or the other Collateral performed by BACC or its designee.

• Borrower shall pay BACC a fee (the Field Examination Fee) in an amount equal to Seven Hundred Fifty Dollars ($750.00) per day per examiner, plus out-of-pocket expenses for each examination of Borrower's Books or the other Collateral performed by BACC or its designee.

• Director Adcock made the motion, seconded by Director Cazort, to defer Items 6 & 7 until the April 16, 2013, Board of Directors Meeting.

More Definitions of Field Examination Fee

Field Examination Fee. As more fully set forth in Article V, the BORROWERS will reimburse LENDER for its periodic field examinations. This reimbursement shall be limited to $750 per day per examiner, plus LENDER's out-of-pocket expenses, up to a maximum of $30,000 per year. If an Event of Default has occurred and not been cured, however, there shall be no limit on LENDER's right to reimbursement of reasonable expenses actually incurred. By its execution of this Agreement, each BORROWER hereby authorizes LENDER to effect payment of such fee pursuant to the Authorization to Charge. The fact that only one BORROWER's loan account may be charged on LENDER's books in no way alters or lessens the joint and several payment liability of all the BORROWERS.

Field Examination Fee. For each field examination of the books, records and other assets of Borrower performed by on or more employees or agents of Lender, Borrower shall pay to Lender a field examination fee in an amount equal to Eight Hundred Fifty U.S. Dollars ($850.00) (or such other amount as Lender shall establish from time to time on notice to Borrower) for each day spent by each such employee in performing and/or summarizing the results of such examination (including all necessary travel time) plus all reasonable "out-of-pocket" expenses. Field examinations shall be performed by Lender no more frequently than quarterly, or, if Borrower is in default, with such frequency as Lender shall determine in its sole discretion, and each field examination fee shall be payable by Borrower to Lender on the date on which each such field examination is performed."

Field Examination Fee has the meaning specified therefor in Section 2.06(f).

Field Examination Fee. BORROWER shall pay AGENT for the benefit of AGENT, and not for the benefit of the LENDERS, a Field Examination Fees as more fully set forth in Article V.

Field Examination Fee means the fee set out in clause 7.1(d) and the Details.

Field Examination Fee means a fee in an amount equal to Nine Hundred Fifty Dollars ($950) per day, per examiner plus out-of-pocket expenses.

Field Examination Fee means a fee in an amount equal to Nine Hundred Fifty Dollars ($950) per day, per examiner plus out-