Common use of Administrative Agency Fee Clause in Contracts

Administrative Agency Fee. Borrower shall pay to Administrative Agent (for its sole and separate account), on the Closing Date and on first day of each month thereafter, an administrative agency fee of $7,500 per month. Such fee, once paid, shall be fully earned and nonrefundable.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

AutoNDA by SimpleDocs

Administrative Agency Fee. Borrower shall pay to Administrative Agent (for its sole and separate account), on the Closing Date and on first day of each month thereafter, an administrative agency fee of $7,500 2,000 per month. Such fee, once paid, shall be fully earned and nonrefundable.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

Administrative Agency Fee. The Borrower shall agrees to pay to the Administrative Agent (Agent, for its sole and separate own account), a non-refundable, fully-earned administrative agency fee in the amount of $12,500, per fiscal quarter, payable on the Closing Date and quarterly, in advance, thereafter on each Payment Date of the first day calendar month of each month thereaftera fiscal quarter, an administrative agency fee of $7,500 per month. Such fee, once paid, shall be fully earned and nonrefundablewhile any Obligations are outstanding.

Appears in 1 contract

Samples: Loan Agreement and Other Basic Documents (OppFi Inc.)

Administrative Agency Fee. Borrower shall The Borrowers agree to pay to the Administrative Agent (Agent, for its sole and separate account)own account as Administrative Agent, on within five (5) Business Days after the Closing Date and on first day of each month thereafterinitial Borrowing, an a one-time administrative agency fee of in an amount equal to $7,500 per month. Such fee, once paid, shall be fully earned and nonrefundable25,000.

Appears in 1 contract

Samples: Credit Agreement (NRG Energy, Inc.)

AutoNDA by SimpleDocs

Administrative Agency Fee. The Borrower shall pay to the Administrative Agent (Agent, for its sole own account, an annual administrative fee in an amount equal to $50,000, due and separate account), payable in advance initially on the Closing Date and thereafter on first day each anniversary of each month thereafter, an administrative agency fee of $7,500 per month. Such fee, once paid, shall be fully earned the Closing Date until the Termination Date has occurred and nonrefundableall Obligations have been repaid in full.

Appears in 1 contract

Samples: Credit Agreement (American Color Graphics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.