Common use of Collateral Monitoring Clause in Contracts

Collateral Monitoring. On each Repayment Date, the Borrower shall pay to Midway Management, LLC the Collateral Monitoring fee. Upon the Maturity Date, or at such earlier Redemption Payment Date as provided herein, the Collateral Monitoring Fee shall terminate.

Appears in 2 contracts

Sources: Secured Term Note (EMTA Holdings, Inc.), Secured Term Note (EMTA Holdings, Inc.)