Common use of Audit Fees Clause in Contracts

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 3 contracts

Samples: Credit and Security Agreement (Poore Brothers Inc), Subordination Agreement (Autotradecenter Com Inc), Intercreditor Agreement (Naco Industries Inc)

AutoNDA by SimpleDocs

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 90 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 3 contracts

Samples: Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (International Displayworks Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 750 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 800 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Digital Angel Corp)

Audit Fees. The Borrower Borrowers hereby agrees agree to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the any Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 100 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection, such audits shall be conducted, at the least, on a quarterly basis.

Appears in 2 contracts

Samples: Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Heska Corp)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently One Thousand Two Hundred Fifty Dollars ($60 1,250) per hour per auditor)quarter) beginning January 1, together with 2000, plus out-of-pocket costs and expenses, and during Default Periods all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Rmed International Inc), Credit and Security Agreement (Rmed International Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's ’s operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 750 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 750 per hour day per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection).

Appears in 2 contracts

Samples: Credit and Security Agreement (Allis Chalmers Corp), Credit and Security Agreement (Allis Chalmers Corp)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 70 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 2 contracts

Samples: Credit and Security Agreement (Atrix Acquisition Corp), Credit and Security Agreement (Chaparral Network Storage Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits audits, appraisals or inspections conducted by or for the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 per hour per auditor), together with all actual out-of-pocket costs costs, fees and expenses incurred in conducting any such audit audit, appraisal or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Meteor Industries Inc)

AutoNDA by SimpleDocs

Audit Fees. The Borrower hereby agrees to shall pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by or on behalf of the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 100 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (2nd Swing Inc)

Audit Fees. The Borrower Borrowers hereby agrees jointly and severally agree to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business of either Borrower at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Medical Dynamics Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 75 per hour per auditor), together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Organic Food Products Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the Lender of any Collateral or the Borrower's operations or business at the rates established from time to time rate of Five Hundred Dollars ($500) per analyst per day for each audit conducted by the Lender as its audit fees (which fees are currently $60 per hour per auditor)Lender, together with all actual plus out-of-pocket costs and expenses incurred in conducting any such audit expenses; provided that except during a Default Period, the Lender shall charge the Borrower for no more than a total of four (4) audits or inspectioninspections per fiscal year.

Appears in 1 contract

Samples: Credit and Security Agreement (Heartland Technology Inc)

Audit Fees. The Borrower hereby agrees to pay the Lender, on demand, audit fees in connection with any audits or inspections conducted by the the. Lender of any Collateral or the Borrower's operations or business at the rates established from time to time by the Lender as its audit fees (which fees are currently $60 70 per hour per auditor), together with all actual out-of-pocket costs costs. and expenses incurred in conducting any such audit or inspection; provided, however. that except during Default Periods, the Lender shall not conduct more than four (4) audits per year.

Appears in 1 contract

Samples: Credit and Security Agreement (Nebo Products Inc)

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