Common use of Administrative Agent Fee Clause in Contracts

Administrative Agent Fee. On the Closing Date and on the first Payment Date occurring in each calendar quarter thereafter, Borrower shall pay the Administrative Agent the sum of $50,000.00 in respect of the Administrative Agent Fee.

Appears in 3 contracts

Samples: Loan Agreement (Hard Rock Hotel Holdings, LLC), Loan Agreement (Hard Rock Hotel Holdings, LLC), Loan Agreement (Morgans Hotel Group Co.)

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Administrative Agent Fee. On Borrowers shall pay to the Administrative Agent (a) on the Closing Date, the amount of $10,000 and (b) after the Closing Date and on an amount equal to the first Payment Date occurring in greater of (i) $2,500 per month or (ii) $2,500 for each calendar quarter thereafter, Borrower shall pay Borrowing Request submitted to the Administrative Agent the sum of $50,000.00 in respect of the Administrative Agent Feeunder this Agreement.

Appears in 1 contract

Samples: Priority Credit Agreement (Isolagen Inc)

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Administrative Agent Fee. On The Borrowers, jointly and severally, shall pay to Administrative Agent, for the account of Administrative Agent, an administrative agent fee in an amount equal to $25,000 on the Closing Date and on the first Payment Date occurring in each calendar quarter thereafterDate, Borrower which shall pay be fully earned upon execution of this Agreement by the Administrative Agent Agent, the sum of initial Term Lenders hereunder and the Borrowers, and $50,000.00 in respect of 25,000 per annum on each anniversary thereafter until the Administrative Agent Fee.Maturity Date

Appears in 1 contract

Samples: Credit Agreement (Intersections Inc)

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