Common use of Collateral Management Fees Clause in Contracts

Collateral Management Fees. During the period from and including the Closing Date until the Commitments have been terminated and the principal of and interest and premium (if any) on each Loan, all Fees and all other expenses or amounts due and payable under any Loan Document have been paid in full, Borrower agrees to pay to Lender $50,000 per month, payable monthly in arrears on the last Business Day of each calendar month (the “Collateral Management Fees”).