Common use of Collateral Management Fee Clause in Contracts

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to one-half of one percent (0.50%) per annum calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day of each successive calendar month (starting with May 1, 2013). Payment of the Collateral Management Fee may be made, at the discretion of Lender: (i) by application of available funds in the Concentration Account pursuant to Section 2.5, (ii) by application of Advances under the Revolving Facility pursuant to Section 2.1, or (iii) directly by Borrower. The final payment shall be pro rated to the date of payment in full and shall be paid on that date as part of the Obligations.

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to oneone and forty-half four hundredths of one percent (0.501.44%) per annum year calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day Business Day of each successive calendar month (starting with May January 1, 20132016). Payment of the Collateral Management Fee may be made, at the discretion of Lender: (i) by application of available funds in the Concentration Account pursuant to Section 2.5, (ii) by application of Advances under the Revolving Facility pursuant to Section 2.1, or (iii) directly by Borrower. The final payment shall be pro rated prorated to the date of payment in full and shall be paid on that date as part of the Obligations.

Collateral Management Fee. Borrower Borrowers shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to one-half fifth of one percent (0.500.20%) per annum month calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day of each successive calendar month (starting with May January 1, 20132022). Payment of the Collateral Management Fee may shall be made, at the discretion of Lender: (i) by application of available funds in the Concentration Account pursuant to Section 2.5, (ii) by application of Advances under the Revolving Facility pursuant to Section 2.1, or (iii) upon two Business Days’ notice, directly by BorrowerBorrowers. The final payment shall be pro rated prorated to the date of payment in full and shall be paid on that date as part of the Obligations.

Collateral Management Fee. Borrower Borrowers shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to one-half sixth of one percent (0.500.1666%) per annum month calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day Business Day of each successive calendar month (starting with May October 1, 20132016). Payment of the Collateral Management Fee may be made, at the discretion of Lender: (i) by application of available funds in the Concentration Account pursuant to Section 2.5, (ii) by application of Advances under the Revolving Facility pursuant to Section 2.1, or (iii) directly by BorrowerBorrowers. The final payment shall be pro rated prorated to the date of payment in full and shall be paid on that date as part of the Obligations.

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to onethirty-half five hundredths of one percent (0.500.35%) per annum month calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day Business Day of each successive calendar month (starting with May March 1, 20132017). Payment of the Collateral Management Fee may be made, at the discretion of Lender: (i) by application of available funds in the Concentration Account pursuant to Section 2.5, (ii) by application of Advances under the Revolving Facility pursuant to Section 2.1, or (iii) directly by Borrower. The final payment shall be pro rated prorated to the date of payment in full and shall be paid on that date as part of the Obligations.

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to one-half twelve hundredths of one percent (0.500.12%) per annum month calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day Business Day of each successive calendar month (starting with May August 1, 20132016). Payment of the Collateral Management Fee may be made, at the discretion of Lender: (i) by application of available funds in the Concentration Account pursuant to Section 2.5, (ii) by application of Advances under the Revolving Facility pursuant to Section 2.1, or (iii) directly by Borrower. The final payment shall be pro rated prorated to the date of payment in full and shall be paid on that date as part of the Obligations.

Collateral Management Fee. Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to one-half of one percent (0.50%) per annum calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding monthLoan Commitment Amount. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day Business Day of each successive calendar month (starting with May June 1, 20132016). Payment of the Collateral Management Fee may be made, at the discretion of Lender: (i) by application of available funds in the Concentration Account pursuant to Section 2.5, (ii) by application of Advances under the Revolving Facility pursuant to Section 2.1, or (iii) directly by Borrower. The final payment shall be pro rated prorated to the date of payment in full and shall be paid on that date as part of the Obligations.