Arranging Fee. Borrower shall pay Agent, for the ratable benefit of Lenders, on the Closing Date and on the date of each increase in the Maximum Loan Amount (subject to Section 2.6) an arranging fee equal to one quarter of one percent (.25%) of the Maximum Loan Amount.
Appears in 2 contracts
Sources: Accounts Receivable Management and Security Agreement (TMP Worldwide Inc), Accounts Receivable Management and Security Agreement (TMP Worldwide Inc)