{"component": "clause", "props": {"groups": [{"snippet": "From and following the Closing Date, Borrowers shall pay Administrative Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to Two Thousand Dollars ($2,000.00) per month. Such fee is to be paid monthly in arrears on the first day of each month.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "administrative-agent", "type": "definition", "offset": [57, 77]}, {"key": "for-its-own-account", "type": "clause", "offset": [79, 98]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [107, 125]}, {"key": "other-lenders", "type": "definition", "offset": [130, 143]}, {"key": "equal-to", "type": "definition", "offset": [164, 172]}, {"key": "two-thousand", "type": "clause", "offset": [173, 185]}, {"key": "per-month", "type": "clause", "offset": [206, 215]}, {"key": "monthly-in-arrears", "type": "clause", "offset": [240, 258]}, {"key": "day-of", "type": "clause", "offset": [272, 278]}], "samples": [{"hash": "d8CD9Tniz4E", "uri": "/contracts/d8CD9Tniz4E#collateral-fee", "label": "Credit and Security Agreement (Derma Sciences, Inc.)", "score": 21.0, "published": true}], "size": 3, "hash": "6f88807af4c9502251261aa2b4253598", "id": 7}, {"snippet": "From and following the Closing Date, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to (i) the average daily balance of the sum of the Revolving Loan Outstandings during the preceding month, multiplied by (ii) fifty one-hundredths percent (0.50%) per annum. Such fee is to be paid monthly in arrears on the first day of each month.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "for-its-own-account", "type": "clause", "offset": [64, 83]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [92, 110]}, {"key": "other-lenders", "type": "definition", "offset": [115, 128]}, {"key": "equal-to", "type": "definition", "offset": [149, 157]}, {"key": "balance-of-the", "type": "clause", "offset": [180, 194]}, {"key": "sum-of", "type": "clause", "offset": [195, 201]}, {"key": "revolving-loan-outstandings", "type": "definition", "offset": [206, 233]}, {"key": "per-annum", "type": "definition", "offset": [318, 327]}, {"key": "monthly-in-arrears", "type": "clause", "offset": [352, 370]}, {"key": "day-of", "type": "clause", "offset": [384, 390]}], "samples": [{"hash": "gifEuLKqxEV", "uri": "/contracts/gifEuLKqxEV#collateral-fee", "label": "Credit and Security Agreement (Monogram Biosciences, Inc.)", "score": 21.0, "published": true}], "size": 5, "hash": "9d6ed8f9146a7d4ea6eb8fa66f27aa06", "id": 1}, {"snippet": "From and following the Original Closing Date, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to the product obtained by multiplying (i) the average end-of-day principal balance of Revolving Loans outstanding during the immediately preceding month by (ii) one half of one percent (0.5%) per annum. For purposes of calculating the average end-of-day principal balance of Revolving Loans, all funds paid into the Payment Account (or which were required to be paid into the Payment Account hereunder) or otherwise received by Agent for the account of Borrowers shall be subject to a three (3) Business Day clearance period. The collateral fee payable pursuant to this paragraph shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.", "snippet_links": [{"key": "original-closing-date", "type": "definition", "offset": [23, 44]}, {"key": "for-its-own-account", "type": "clause", "offset": [73, 92]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [101, 119]}, {"key": "other-lenders", "type": "definition", "offset": [124, 137]}, {"key": "equal-to", "type": "definition", "offset": [158, 166]}, {"key": "the-product", "type": "definition", "offset": [167, 178]}, {"key": "principal-balance", "type": "definition", "offset": [230, 247]}, {"key": "loans-outstanding", "type": "clause", "offset": [261, 278]}, {"key": "per-annum", "type": "definition", "offset": [357, 366]}, {"key": "for-purposes-of", "type": "clause", "offset": [368, 383]}, {"key": "calculating-the", "type": "clause", "offset": [384, 399]}, {"key": "all-funds", "type": "clause", "offset": [457, 466]}, {"key": "the-payment-account", "type": "clause", "offset": [477, 496]}, {"key": "by-agent", "type": "clause", "offset": [590, 598]}, {"key": "the-account", "type": "clause", "offset": [603, 614]}, {"key": "subject-to", "type": "clause", "offset": [637, 647]}, {"key": "business-day", "type": "definition", "offset": [660, 672]}, {"key": "the-collateral", "type": "definition", "offset": [691, 705]}, {"key": "fee-payable", "type": "clause", "offset": [706, 717]}, {"key": "pursuant-to", "type": "definition", "offset": [718, 729]}, {"key": "fully-earned", "type": "clause", "offset": [761, 773]}, {"key": "when-due-and-payable", "type": "clause", "offset": [774, 794]}], "samples": [{"hash": "d9gnF0Qybnj", "uri": "/contracts/d9gnF0Qybnj#collateral-fee", "label": "Credit and Security Agreement (Mohawk Group Holdings, Inc.)", "score": 31.9158115387, "published": true}, {"hash": "1CnY89EJKFZ", "uri": "/contracts/1CnY89EJKFZ#collateral-fee", "label": "Credit and Security Agreement (Mohawk Group Holdings, Inc.)", "score": 30.3524990082, "published": true}, {"hash": "6p4a0CkNPgc", "uri": "/contracts/6p4a0CkNPgc#collateral-fee", "label": "Credit and Security Agreement (Mohawk Group Holdings, Inc.)", "score": 30.2895278931, "published": true}], "size": 4, "hash": "9388b46d373d96ff734f5eae0ad973bd", "id": 2}, {"snippet": "From and following the Closing Date, on the first day of each month, commencing on the first day of the first full calendar month following the Closing Date, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to the product obtained by multiplying (i) the greater of (A) the average end-of-day principal balance of Revolving Loan Outstandings during the immediately preceding month and (B) the Minimum Balance by (ii) one half of one percent (0.50%) per annum. For purposes of calculating the average end-of-day principal balance of Revolving Loans, all funds paid into the Payment Account (or which were required to be paid into the Payment Account hereunder) or otherwise received by Agent for the account of Borrowers shall be subject to a three (3) Business Day clearance period. The collateral fee payable pursuant to this paragraph shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "day-of", "type": "clause", "offset": [50, 56]}, {"key": "commencing-on-the", "type": "clause", "offset": [69, 86]}, {"key": "full-calendar-month", "type": "definition", "offset": [110, 129]}, {"key": "for-its-own-account", "type": "clause", "offset": [185, 204]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [213, 231]}, {"key": "other-lenders", "type": "definition", "offset": [236, 249]}, {"key": "equal-to", "type": "definition", "offset": [270, 278]}, {"key": "the-product", "type": "definition", "offset": [279, 290]}, {"key": "principal-balance", "type": "definition", "offset": [361, 378]}, {"key": "revolving-loan-outstandings", "type": "definition", "offset": [382, 409]}, {"key": "minimum-balance", "type": "clause", "offset": [461, 476]}, {"key": "per-annum", "type": "definition", "offset": [517, 526]}, {"key": "for-purposes-of", "type": "clause", "offset": [528, 543]}, {"key": "calculating-the", "type": "clause", "offset": [544, 559]}, {"key": "revolving-loans", "type": "clause", "offset": [600, 615]}, {"key": "all-funds", "type": "clause", "offset": [617, 626]}, {"key": "the-payment-account", "type": "clause", "offset": [637, 656]}, {"key": "by-agent", "type": "clause", "offset": [750, 758]}, {"key": "the-account", "type": "clause", "offset": [763, 774]}, {"key": "subject-to", "type": "clause", "offset": [797, 807]}, {"key": "business-day", "type": "definition", "offset": [820, 832]}, {"key": "the-collateral", "type": "definition", "offset": [851, 865]}, {"key": "fee-payable", "type": "clause", "offset": [866, 877]}, {"key": "pursuant-to", "type": "definition", "offset": [878, 889]}, {"key": "fully-earned", "type": "clause", "offset": [921, 933]}, {"key": "when-due-and-payable", "type": "clause", "offset": [934, 954]}], "samples": [{"hash": "6vrnpQlgimV", "uri": "/contracts/6vrnpQlgimV#collateral-fee", "label": "Credit and Security Agreement (Aterian, Inc.)", "score": 37.2053375244, "published": true}, {"hash": "ag8E8A90JcJ", "uri": "/contracts/ag8E8A90JcJ#collateral-fee", "label": "Credit and Security Agreement (Aterian, Inc.)", "score": 36.6577682495, "published": true}, {"hash": "6uNZ7x7mOrb", "uri": "/contracts/6uNZ7x7mOrb#collateral-fee", "label": "Amendment No. 3 to Credit and Security Agreement (Aterian, Inc.)", "score": 36.2279243469, "published": true}], "size": 4, "hash": "40bae02c094f25d9f76cb0c5015c9abe", "id": 3}, {"snippet": "From and following the Closing Date, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to $7,500 per month. The collateral management fee shall be deemed fully earned when due and payable in arrears on the last day of each calendar month prior to the Termination Date and on such date and, once paid, shall be non-refundable.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "for-its-own-account", "type": "clause", "offset": [64, 83]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [92, 110]}, {"key": "other-lenders", "type": "definition", "offset": [115, 128]}, {"key": "equal-to", "type": "definition", "offset": [149, 157]}, {"key": "per-month", "type": "clause", "offset": [165, 174]}, {"key": "collateral-management-fee", "type": "clause", "offset": [180, 205]}, {"key": "fully-earned", "type": "clause", "offset": [222, 234]}, {"key": "when-due-and-payable", "type": "clause", "offset": [235, 255]}, {"key": "in-arrears", "type": "definition", "offset": [256, 266]}, {"key": "day-of", "type": "clause", "offset": [279, 285]}, {"key": "calendar-month", "type": "clause", "offset": [291, 305]}, {"key": "prior-to-the-termination-date", "type": "clause", "offset": [306, 335]}], "samples": [{"hash": "lFFq78fL5MU", "uri": "/contracts/lFFq78fL5MU#collateral-fee", "label": "Credit and Security Agreement (XBP Global Holdings, Inc.)", "score": 37.2436676025, "published": true}, {"hash": "3lKtk0gUYgh", "uri": "/contracts/3lKtk0gUYgh#collateral-fee", "label": "Credit and Security Agreement (XBP Global Holdings, Inc.)", "score": 37.2436676025, "published": true}, {"hash": "72ahAsaZHfa", "uri": "/contracts/72ahAsaZHfa#collateral-fee", "label": "Credit and Security Agreement (XBP Global Holdings, Inc.)", "score": 34.5893211365, "published": true}], "size": 3, "hash": "73438c5fdf94350c6748ece833a57161", "id": 4}, {"snippet": "The Borrowers shall pay to the Administrative Agent, for the sole benefit of the Administrative Agent, a fee of $3,500 for each Apartment Community submitted to the Administrative Agent for inclusion as a Mortgaged Property throughout the term of the Loans.", "snippet_links": [{"key": "the-borrowers", "type": "clause", "offset": [0, 13]}, {"key": "pay-to", "type": "definition", "offset": [20, 26]}, {"key": "the-administrative-agent", "type": "clause", "offset": [27, 51]}, {"key": "for-the-sole-benefit-of", "type": "definition", "offset": [53, 76]}, {"key": "apartment-community", "type": "definition", "offset": [128, 147]}, {"key": "mortgaged-property", "type": "clause", "offset": [205, 223]}, {"key": "term-of-the-loans", "type": "clause", "offset": [239, 256]}], "samples": [{"hash": "4SjmI3erWM1", "uri": "/contracts/4SjmI3erWM1#collateral-fee", "label": "Revolving Credit Agreement (Mid America Apartment Communities Inc)", "score": 21.0, "published": true}, {"hash": "aGxCenKcAt2", "uri": "/contracts/aGxCenKcAt2#collateral-fee", "label": "Revolving Credit Agreement (Mid America Apartment Communities Inc)", "score": 18.0, "published": true}, {"hash": "5uuE8CZ1V0b", "uri": "/contracts/5uuE8CZ1V0b#collateral-fee", "label": "Revolving Credit Agreement (Mid America Apartment Communities Inc)", "score": 18.0, "published": true}], "size": 3, "hash": "24061f0107de54f0d2e47c26c50136c1", "id": 5}, {"snippet": "From and following the Closing Date, on the first day of each month, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to the product obtained by multiplying (i) the greater of (A) the average end-of-day principal balance of Revolving Loan Outstandings during the immediately preceding month and (B) the Minimum Balance, by (ii) one half of one percent (0.50%) per annum. For purposes of calculating the average end-of-day principal balance of Revolving Loans, all funds paid into the Payment Account (or which were required to be paid into the Payment Account hereunder) or otherwise received by Agent for the account of Borrowers during a Cash Dominion Event shall be subject to a three (3) Business Day clearance period. The collateral management fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "day-of", "type": "clause", "offset": [50, 56]}, {"key": "for-its-own-account", "type": "clause", "offset": [96, 115]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [124, 142]}, {"key": "other-lenders", "type": "definition", "offset": [147, 160]}, {"key": "equal-to", "type": "definition", "offset": [181, 189]}, {"key": "the-product", "type": "definition", "offset": [190, 201]}, {"key": "principal-balance", "type": "definition", "offset": [272, 289]}, {"key": "revolving-loan-outstandings", "type": "definition", "offset": [293, 320]}, {"key": "minimum-balance", "type": "clause", "offset": [372, 387]}, {"key": "per-annum", "type": "definition", "offset": [429, 438]}, {"key": "for-purposes-of", "type": "clause", "offset": [440, 455]}, {"key": "calculating-the", "type": "clause", "offset": [456, 471]}, {"key": "revolving-loans", "type": "clause", "offset": [512, 527]}, {"key": "all-funds", "type": "clause", "offset": [529, 538]}, {"key": "the-payment-account", "type": "clause", "offset": [549, 568]}, {"key": "by-agent", "type": "clause", "offset": [662, 670]}, {"key": "the-account", "type": "clause", "offset": [675, 686]}, {"key": "cash-dominion-event", "type": "definition", "offset": [709, 728]}, {"key": "subject-to", "type": "clause", "offset": [738, 748]}, {"key": "business-day", "type": "definition", "offset": [761, 773]}, {"key": "collateral-management-fee", "type": "clause", "offset": [796, 821]}, {"key": "fully-earned", "type": "clause", "offset": [838, 850]}, {"key": "when-due-and-payable", "type": "clause", "offset": [851, 871]}], "samples": [{"hash": "5egfWwvJ7DH", "uri": "/contracts/5egfWwvJ7DH#collateral-fee", "label": "Credit, Security and Guaranty Agreement (Shimmick Corp)", "score": 35.3819313049, "published": true}, {"hash": "2VsWjTCscOf", "uri": "/contracts/2VsWjTCscOf#collateral-fee", "label": "Credit, Security and Guaranty Agreement (Shimmick Corp)", "score": 34.8179321289, "published": true}, {"hash": "5ZdRDWXUK3A", "uri": "/contracts/5ZdRDWXUK3A#collateral-fee", "label": "Credit, Security and Guaranty Agreement (Shimmick Corp)", "score": 34.7577018738, "published": true}], "size": 3, "hash": "8697629d96d0d05a80c8ab3147a37711", "id": 6}, {"snippet": "From and following the Closing Date until the termination of this Agreement in accordance with Section 2.12, on the first day of each month, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to the product obtained by multiplying (i) the greater of (A) the average end-of-day principal balance of Revolving Loan Outstandings during the immediately preceding month and (B) the Minimum Balance, by (ii) one quarter of one percent (0.25%) per annum. The collateral management fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "in-accordance-with", "type": "clause", "offset": [76, 94]}, {"key": "day-of", "type": "clause", "offset": [122, 128]}, {"key": "for-its-own-account", "type": "clause", "offset": [168, 187]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [196, 214]}, {"key": "other-lenders", "type": "definition", "offset": [219, 232]}, {"key": "equal-to", "type": "definition", "offset": [253, 261]}, {"key": "the-product", "type": "definition", "offset": [262, 273]}, {"key": "principal-balance", "type": "definition", "offset": [344, 361]}, {"key": "revolving-loan-outstandings", "type": "definition", "offset": [365, 392]}, {"key": "minimum-balance", "type": "clause", "offset": [444, 459]}, {"key": "per-annum", "type": "definition", "offset": [504, 513]}, {"key": "collateral-management-fee", "type": "clause", "offset": [519, 544]}, {"key": "fully-earned", "type": "clause", "offset": [561, 573]}, {"key": "when-due-and-payable", "type": "clause", "offset": [574, 594]}], "samples": [{"hash": "ekD3PrpaLe1", "uri": "/contracts/ekD3PrpaLe1#collateral-fee", "label": "Credit, Security and Guaranty Agreement (Arq, Inc.)", "score": 37.2464065708, "published": true}, {"hash": "2Thb6fXokrk", "uri": "/contracts/2Thb6fXokrk#collateral-fee", "label": "Credit, Security and Guaranty Agreement (Arq, Inc.)", "score": 36.0034217834, "published": true}], "size": 2, "hash": "e3fe993f04d26fab62053df3883d19e0", "id": 8}, {"snippet": "From and following the Closing Date, Borrowers shall pay Agent, for the benefit of all Lenders committed to make Revolving Loans on the Closing Date, a fee in an amount equal to the product obtained by multiplying the greater of the average end-of-day principal balance of Revolving Loans outstanding during the immediately preceding month, by (ii) 0.10% (equivalent to an annualized rate of 1.2% per annum). For purposes of calculating the average end-of-day principal balance of Revolving Loans, all funds paid into the Payment Account (or which were required to be paid into the Payment Account hereunder) or otherwise received by Agent for the account of Borrowers shall be subject to a three (3) Business Day clearance period. The collateral management fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [64, 82]}, {"key": "all-lenders", "type": "definition", "offset": [83, 94]}, {"key": "loans-on-the-closing-date", "type": "clause", "offset": [123, 148]}, {"key": "equal-to", "type": "definition", "offset": [169, 177]}, {"key": "the-product", "type": "definition", "offset": [178, 189]}, {"key": "principal-balance", "type": "definition", "offset": [252, 269]}, {"key": "loans-outstanding", "type": "clause", "offset": [283, 300]}, {"key": "rate-of", "type": "clause", "offset": [384, 391]}, {"key": "per-annum", "type": "definition", "offset": [397, 406]}, {"key": "for-purposes-of", "type": "clause", "offset": [409, 424]}, {"key": "calculating-the", "type": "clause", "offset": [425, 440]}, {"key": "all-funds", "type": "clause", "offset": [498, 507]}, {"key": "the-payment-account", "type": "clause", "offset": [518, 537]}, {"key": "by-agent", "type": "clause", "offset": [631, 639]}, {"key": "the-account", "type": "clause", "offset": [644, 655]}, {"key": "subject-to", "type": "clause", "offset": [678, 688]}, {"key": "business-day", "type": "definition", "offset": [701, 713]}, {"key": "collateral-management-fee", "type": "clause", "offset": [736, 761]}, {"key": "fully-earned", "type": "clause", "offset": [778, 790]}, {"key": "when-due-and-payable", "type": "clause", "offset": [791, 811]}], "samples": [{"hash": "lhK2Fdj7FPn", "uri": "/contracts/lhK2Fdj7FPn#collateral-fee", "label": "Credit and Security Agreement (EndoChoice Holdings, Inc.)", "score": 24.4976043701, "published": true}], "size": 2, "hash": "db32fbc575be144ae10386e5b9ed72cc", "id": 9}, {"snippet": "From and following the Closing Date, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to the product obtained by multiplying the greater of the average end-of-day principal balance of Revolving Loans outstanding during the immediately preceding month, by (ii) eighty-four thousandths of one percent (0.084%) (equivalent to an annualized rate of 1.0% per annum). For purposes of calculating the average end-of-day principal balance of Revolving Loans, all funds paid into the Payment Account (or which were required to be paid into the Payment Account hereunder) or otherwise received by Agent for the account of Borrowers shall be subject to a five (5) Business Day clearance period. The collateral management fee shall be deemed fully earned when due and payable and, once paid, shall be non-refundable other than if subject to manifest error in calculation.", "snippet_links": [{"key": "following-the-closing-date", "type": "clause", "offset": [9, 35]}, {"key": "for-its-own-account", "type": "clause", "offset": [64, 83]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [92, 110]}, {"key": "other-lenders", "type": "definition", "offset": [115, 128]}, {"key": "equal-to", "type": "definition", "offset": [149, 157]}, {"key": "the-product", "type": "definition", "offset": [158, 169]}, {"key": "principal-balance", "type": "definition", "offset": [232, 249]}, {"key": "loans-outstanding", "type": "clause", "offset": [263, 280]}, {"key": "rate-of", "type": "clause", "offset": [406, 413]}, {"key": "per-annum", "type": "definition", "offset": [419, 428]}, {"key": "for-purposes-of", "type": "clause", "offset": [431, 446]}, {"key": "calculating-the", "type": "clause", "offset": [447, 462]}, {"key": "all-funds", "type": "clause", "offset": [520, 529]}, {"key": "the-payment-account", "type": "clause", "offset": [540, 559]}, {"key": "by-agent", "type": "clause", "offset": [653, 661]}, {"key": "the-account", "type": "clause", "offset": [666, 677]}, {"key": "subject-to", "type": "clause", "offset": [700, 710]}, {"key": "business-day", "type": "definition", "offset": [722, 734]}, {"key": "collateral-management-fee", "type": "clause", "offset": [757, 782]}, {"key": "fully-earned", "type": "clause", "offset": [799, 811]}, {"key": "when-due-and-payable", "type": "clause", "offset": [812, 832]}, {"key": "manifest-error", "type": "clause", "offset": [898, 912]}], "samples": [{"hash": "euRw5C2PXnq", "uri": "/contracts/euRw5C2PXnq#collateral-fee", "label": "Credit and Security Agreement (Ellipse Technologies Inc)", "score": 26.5961666107, "published": true}], "size": 1, "hash": "215ac312ae8b26c3106423415dffb81f", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihdjb2xsYXRlcmFsLWZlZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Collateral Fee", "parents": [["interest-interest-calculations-and-certain-fees", "Interest Interest Calculations and Certain Fees"], ["loans-and-letters-of-credit", "Loans and Letters of Credit"], ["loans", "Loans"], ["miscellaneous", "Miscellaneous"], ["\u2587\u2587-other-changes", "\u2587\u2587 Other Changes"]], "children": [], "size": 35, "id": "collateral-fee", "related": [["collateral-fund", "Collateral Fund", "Collateral Fund"], ["collateral-monitoring-fee", "Collateral Monitoring Fee", "Collateral Monitoring Fee"], ["collateral-management-fee", "Collateral Management Fee", "Collateral Management Fee"], ["initial-collateral-custodian", "Initial Collateral Custodian", "Initial Collateral Custodian"], ["letter-of-credit-fees-interest-rate", "Letter of Credit Fees, Interest Rate", "Letter of Credit Fees, Interest Rate"]], "related_snippets": [], "updated": "2026-04-03T05:45:28+00:00", "also_ask": ["What are the essential elements to include in a Collateral Fee clause to ensure enforceability?", "How can parties strategically negotiate the scope and calculation of collateral fees?", "What are the most common legal pitfalls or ambiguities in Collateral Fee clauses?", "How do Collateral Fee provisions compare across different jurisdictions or standard industry contracts?", "What factors do courts consider when determining the reasonableness and enforceability of a Collateral Fee?"], "drafting_tip": "Specify the fee amount and payment terms to prevent disputes; define what constitutes 'collateral' to avoid ambiguity; clarify adjustment mechanisms to ensure enforceability.", "explanation": "A Collateral Fee clause defines the charges or fees associated with the provision, maintenance, or management of collateral in a contractual relationship. Typically, this clause specifies when and how such fees are incurred, who is responsible for payment, and the method of calculation\u2014such as a flat fee, percentage of collateral value, or periodic charges. For example, in a lending agreement, the borrower may be required to pay a fee for the safekeeping or administration of pledged assets. The core function of this clause is to allocate the costs related to collateral arrangements clearly, preventing disputes and ensuring both parties understand their financial obligations."}, "json": true, "cursor": ""}}