Common use of Collateral Management Fees Clause in Contracts

Collateral Management Fees. A collateral management fee in an amount equal to the percentage indicated Section 2.6(d) of Schedule B times the average outstanding Loans during the prior month, due and payable monthly in arrears on the first day of the month and on the Final Maturity Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Point.360)

Collateral Management Fees. A collateral management fee in an amount equal to the percentage indicated in Section 2.6(d) of Schedule B times the average outstanding Loans during the prior month, due and payable monthly in arrears on the first (1st) day of the month and on the Final Maturity Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Sugarfina Corp)