Common use of Compensation of Agents Clause in Contracts

Compensation of Agents. Each Agent shall be entitled to certain compensation for its services as follows: (a) The Borrowers shall pay the Administrative Agent quarterly in advance for each calendar quarter an Administrative Agent fee dependent upon the Pricing Tier of the Borrowers for such calendar quarter, as follows: Pricing Tier 1 $ 7,500 per calendar quarter Pricing Tier 2 $ 7,500 per calendar quarter Pricing Tier 3 $10,000 per calendar quarter Pricing Tier 4 $12,500 per calendar quarter (b) The Lenders will pay the Collateral Agent a fee of five hundred dollars ($500) per month plus fifty-two dollars ($52) per location inspected, other than the Company's headquarters location, and two dollars ($2) for each Unit inspected in the manner contemplated by Section 8.01(b). The Collateral Agent will bill the Administrative Agent on a quarterly basis for such ▇▇▇vices and the Administrative Agent then will bill each Lender its Pro Rata Percentage of such charges. (c) The Borrowers will pay the Collateral Agent a fee of seven hundred fifty dollars ($750) per day plus out of pocket expenses for (1) the Field Audits contemplated by Section 8.01(b)(4), and (2) any additional Field Audits that the Required Lenders, in their reasonable discretion, deem it necessary for the Collateral Agent to conduct on behalf of the Lenders at the Company's headquarters. (d) The Documentation Agent's fee shall be five thousand dollars ($5,000), which shall be payable by the Borrowers at the closing of the transactions contemplated by this Agreement. The Documentation Agent shall have no further duties and shall perform no other services after the closing of the transactions contemplated by this Agreement.

Compensation of Agents. Each Agent shall be entitled to certain compensation for its services as follows: (a) The Borrowers shall pay the Administrative Agent quarterly in advance for each calendar quarter an Administrative Agent fee dependent upon the Pricing Tier of the Borrowers for such calendar quarter, as follows: Pricing Tier 1 $ 7,500 per calendar quarter Pricing Tier 2 $ 7,500 per calendar quarter Pricing Tier 3 $ 7,500 per calendar quarter Pricing Tier 4 $10,000 per calendar quarter Pricing Tier 4 5 $12,500 per calendar quarter (b) The For every month that the Collateral Agent conducts an inspection, the Lenders will pay the Collateral Agent a fee of five hundred dollars ($500) per month plus fifty-two dollars ($52) per location inspected, other than the Company's headquarters location, and two dollars ($2) for each Unit inspected in the manner contemplated by Section 8.01(b). The Collateral Agent will bill ▇▇▇▇ the Administrative Agent on a quarterly basis for such ▇▇▇vices services and the Administrative Agent then will bill ▇▇▇▇ each Lender its Pro Rata Percentage of such charges. (c) The Borrowers will pay the Collateral Agent a fee of seven hundred fifty dollars ($750) per day plus out of pocket expenses for (1) the Field Audits contemplated by Section 8.01(b)(4), and (2) any additional Field Audits that the Required Lenders, in their reasonable discretion, deem it necessary for the Collateral Agent to conduct on behalf of the Lenders at the Company's headquarters. (d) The In consideration of the services performed or to be performed by BOA in its capacity as Collateral Agent and Documentation Agent's , the Borrowers will pay BOA annually in advance a single fee shall be of five thousand dollars ($5,000), which shall with the first such annual payment to be payable by the Borrowers paid at the closing of the transactions contemplated by this Agreement. The Documentation Agent shall have no further duties and shall perform no other services after the closing of the transactions contemplated by this Agreement, so all payments subsequent to the payment made at the closing of the transactions contemplated by this Agreement shall be solely in respect of service as the Collateral Agent.

Compensation of Agents. Each Agent shall be entitled to certain compensation for its services as follows: (a) The Borrowers shall pay the Administrative Agent quarterly in advance for each calendar quarter an Administrative Agent fee dependent upon the Pricing Tier of the Borrowers for such calendar quarter, as follows: Pricing Tier 1 $ 7,500 9,000 per calendar quarter Pricing Tier 2 $ 7,500 9,000 per calendar quarter Pricing Tier 3 $10,000 $ 9,000 per calendar quarter Pricing Tier 4 $12,500 11,500 per calendar quarter Pricing Tier 5 $14,000 per calendar quarter (b) The For every month that the Collateral Agent conducts an inspection, the Lenders will pay the Collateral Agent a fee of five hundred dollars ($500) per month plus fiftyseventy-two five dollars ($5275) per location inspected, other than the Company's ’s headquarters location, and two three dollars ($23) for each Unit inspected in the manner contemplated by Section 8.01(b). The Collateral Agent will bill b▇▇▇ the Administrative Agent on a quarterly basis for such ▇▇▇vices services and the Administrative Agent then will bill b▇▇▇ each Lender its Pro Rata Percentage of such charges. (c) The Borrowers will pay the Collateral Agent a fee of seven hundred fifty dollars ($750) per day plus out of pocket expenses for (1) the Field Audits contemplated by Section 8.01(b)(4), and (2) any additional Field Audits that the Required Lenders, in their reasonable discretion, deem it necessary for the Collateral Agent to conduct on behalf of the Lenders at the Company's ’s headquarters. (d) The Borrowers will pay the Collateral Agent and the Documentation Agent's Agent annually in advance a fee shall be of seven thousand, five thousand hundred dollars ($5,0007,500), which shall with the first such annual payment to be payable by the Borrowers paid at the closing of the transactions contemplated by this Agreement. The Documentation Agent shall have no further duties and shall perform no other services after the closing of the transactions contemplated by this Agreement, so all payments subsequent to the payment made at the Closing of the transactions contemplated by this Agreement shall be solely in respect of service as the Collateral Agent.