Common use of Collateral Management Fee Clause in Contracts

Collateral Management Fee. The Borrower agrees to pay to the Agent, for the account of the Agent, a non-refundable collateral management fee in the amount of $125,000 per annum, payable in advance on the Closing Date and each Anniversary Date (other than an Anniversary Date occurring on or after the Payment and Termination Date).

Appears in 2 contracts

Sources: Loan and Security Agreement (Sweetheart Holdings Inc \De\), Loan and Security Agreement (Sweetheart Holdings Inc \De\)

Collateral Management Fee. The Borrower agrees to shall pay to the Agent, for the account of the Agent, Agent a non-refundable monthly collateral management fee in the an amount of equal to $125,000 per annum1,500. This fee shall be due and payable monthly, payable in advance arrears, on the Closing Date last day of each month and each Anniversary Date (other than an Anniversary Date occurring on or after the Payment and Termination Date).

Appears in 1 contract

Sources: Loan and Security Agreement (Anchor Funding Services, Inc.)

Collateral Management Fee. The Borrower agrees to On the Closing Date, and on each anniversary thereof, Borrowers shall pay to the Agent, for the account of the Agent, Agent a fully earned and non-refundable collateral management fee in the amount of $125,000 per annum, payable in advance on the Closing Date and each Anniversary Date (other than an Anniversary Date occurring on or after the Payment and Termination Date)16,000.

Appears in 1 contract

Sources: Credit Agreement (Atlantic Premium Brands LTD)

Collateral Management Fee. The Borrower agrees to pay to the Agent, for the account of the Agentits own account, a non-refundable an annual collateral management fee (the "Collateral Management Fee") in the amount of $125,000 per annum, payable in advance 50,000 on the Closing Date and on each Anniversary Date (other than an Anniversary Date occurring on or after the Payment and Termination Date)thereafter.

Appears in 1 contract

Sources: Loan and Security Agreement (Merisel Inc /De/)

Collateral Management Fee. The Borrower agrees to pay to the Agent, for the account of the Agent, a non-refundable collateral management fee in the amount of $125,000 150,000 per annum, payable in advance on the Closing Date and each Anniversary Date (other than an Anniversary Date occurring on or after the Payment and Termination Date).

Appears in 1 contract

Sources: Loan and Security Agreement (Sweetheart Holdings Inc \De\)