Accommodation Fee. To induce Agent and Lenders to enter into this Amendment, Borrower hereby agrees to pay Agent for its benefit and for the ratable benefit of Lenders an accommodation fee of $25,000 (the “Accommodation Fee”). This fee is due and fully earned on the date hereof and Agent shall, without making demand, charge this fee to Borrower’s loan account as a Revolving Advance.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Eos International Inc)
Accommodation Fee. To induce Agent and Lenders Lender to enter into this Amendment, Borrower hereby agrees to pay Agent for its benefit and for the ratable benefit of Lenders an accommodation fee of $25,000 (the “Accommodation Fee”). This fee is due and fully earned on the date hereof and Agent shall, without making demand, charge this fee to Borrower’s loan account as a Revolving Advance.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Eos International Inc)
Accommodation Fee. To induce Agent and Lenders Lender to enter into this Amendment, Borrower hereby agrees to pay Agent for its benefit and for the ratable benefit of Lenders an accommodation fee of $25,000 200,000 (the “Accommodation Fee”). This fee is due and fully earned on the date hereof and Agent shall, without making demand, charge this fee to Borrower’s loan account as a Revolving AdvanceAccount.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Eos International Inc)