Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (Research Pharmaceutical Services, Inc.), Revolving Credit and Security Agreement (Research Pharmaceutical Services, Inc.), Revolving Credit and Security Agreement (Research Pharmaceutical Services, Inc.)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 2,500 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (TCP International Holdings Ltd.), Revolving Credit and Security Agreement (TCP International Holdings Ltd.), Revolving Credit and Security Agreement (Kenexa Corp)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,500 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (Merisel Inc /De/), Revolving Credit and Term Loan Agreement (Hybrook Resources Corp.), Revolving Credit, Term Loan and Security Agreement (Batteries Batteries Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 3,125 per month commencing on the first day of the month following the Closing Date June 1, 2020 and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc), Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 2,000 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Image Entertainment Inc), Revolving Credit and Security Agreement (Dri Corp)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 6,250 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc), Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 3,000 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Sparton Corp), Revolving Credit and Security Agreement (Presstek Inc /De/)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 1,500.00 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Hudson Technologies Inc /Ny), Loan Agreement (Microwave Power Devices Inc)
Collateral Evaluation Fee. Borrower shall pay to Agent (for ------------------------- the sole benefit of Agent) a collateral evaluation fee equal to $750 2,500 per month payable on the first day of each month commencing on the first day of the month following the Closing Effective Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Styrochem International Inc), Revolving Credit and Security Agreement (Styrochem International LTD)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 2,500 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (TCP International Holdings Ltd.), Revolving Credit and Security Agreement (Trescom International Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 700 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Intcomex, Inc.)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 3,125 per month commencing on the first day of the month following the Closing Date April 1, 2016 and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.β
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,200.00 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Geokinetics Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to Three Thousand Dollars ($750 3,000.00) per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit Loan and Security Agreement (Intelligroup Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to One Thousand Five Hundred Dollars ($750 1,500) per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Obsidian Enterprises Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 750.00 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Osteotech Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 1,500 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Small World Kids Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 750.00 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Berliner Communications Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral ------------------------- evaluation fee equal to Two Thousand Five Hundred Dollars ($750 2,500.00) per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit Loan and Security Agreement (Intelligroup Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 1,500 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term, subject to termination of this Agreement pursuant to the terms hereof and satisfaction in full of all Obligations. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Eos International Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a ------------------------- collateral evaluation fee equal to $750 1,500.00 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (World Wrestling Federation Entertainment Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,000 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Horizon Offshore Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,500.00 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Kitty Hawk Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,200 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.β
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Intcomex, Inc.)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,250 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Integrated Biopharma Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 1,500 per month commencing on the first day of the month following the Closing Effective Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Allstate Financial Corp /Va/)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,250.00 per month commencing on the first day of the month following the Restated Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit, Capex Loan and Security Agreement (Geokinetics Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 2,000 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the each date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reasonreason prior to the end of any month.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Tecumseh Products Co)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to Two Thousand Dollars ($750 2,000) per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Emtec Inc/Nj)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,000.00 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Gencor Industries Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 1,000 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Badger Paper Mills Inc)
Collateral Evaluation Fee. Borrower Borrowers shall pay Agent a collateral evaluation fee equal to $750 1,000 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term. The collateral evaluation fee for such month shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Dreams Inc)
Collateral Evaluation Fee. Borrower shall pay Agent a collateral evaluation fee equal to $750 2,000 per month commencing on the first day of the month following the Closing Date and on the first day of each month thereafter during the Term, subject to termination of this Agreement pursuant to the terms hereof and satisfaction in full of all Obligations. The collateral evaluation fee shall be deemed earned in full on the date when same is due and payable hereunder and shall not be subject to rebate or proration upon termination of this Agreement for any reason.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Dreamlife Inc)