Collateral Evaluation Fee Clause Samples

Collateral Evaluation Fee. Borrowers shall pay to Agent on the first day of each month following any month in which Agent performs any collateral evaluation - namely any field examination, collateral analysis, audit or other business analysis, the need for which is to be determined by Agent and which evaluation is undertaken by Agent or for Agent’s benefit—a collateral evaluation fee in an amount equal to $750 per day for each person employed to perform such evaluation, plus all costs and disbursements incurred by Agent in the performance of such examination or analysis.

Collateral Evaluation Fee. Monthly, eommeneing on the first day of the first calendar month following the Closing Date, and continuing on the same day of each succeeding calendar month until this Agreement is tenninated. Borrowers shall pay to Lender a collateral evaluation fee equal in amount to One Thousand Dollars ($1,000.00) per month which shall be fully earned and non-refundable upon payment.

Collateral Evaluation Fee. Section 3.4 of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

Collateral Evaluation Fee. (A) On the Closing Date, Borrowers shall pay to Lender a collateral evaluation fee of $1,875.00. (B) Borrowers shall pay Lender, in arrears, on the first Business Day of each month which occurs prior to the Termination Date and on the Termination Date, a collateral evaluation fee equal to one-quarter of one percent (.25%) of the greater of (a) the Minimum Average Monthly Loan Amount and (b) the average outstanding amount of Revolving Credit Advances during such immediately preceding month.

Collateral Evaluation Fee. Borrowers shall pay a monthly fee to Lender for the evaluation of the collateral in an amount equal to $2,000 per month payable in arrears on the first day of each month after the Closing Date.

Collateral Evaluation Fee. The Borrowers shall pay to Lender on the first day of each calendar month following any calendar month in which the Lender performs any collateral evaluation, including any field examination, collateral analysis or other business analysis, the need for which is to be determined by the Lender and which evaluation is undertaken by the Lender or for the Lender's benefit, a collateral evaluation fee in an amount equal to Eight Hundred Fifty Dollars ($850.00) per day for each person performing such evaluation, plus all costs and disbursements incurred by the Lender in the performance of such examination or analysis.

Collateral Evaluation Fee. On the first day of each month during the term of this Agreement, a "Collateral Evaluation Fee" of $1,000 per month, payable solely to Lender.

Collateral Evaluation Fee. Section 3.4(b) of the Credit Agreement is hereby amended by deleting such Section in its entirety and replacing it with the following:

Collateral Evaluation Fee. Subject to the limitations set forth in Section 4.7, all of the fees and out-of-pocket costs and expenses of any appraisals conducted pursuant to Section 4.7 hereof shall be paid for when due, in full and without deduction, off-set or counterclaim by the Credit Parties.