Common use of Collateral Monitoring Fee Clause in Contracts

Collateral Monitoring Fee. A fully earned and non-refundable collateral monitoring fee of $1,000 per month, payable in advance beginning on the Closing Date and on the first day of each month thereafter.

Appears in 4 contracts

Samples: Loan Agreement (Dirtt Environmental Solutions LTD), Loan Agreement (Dirtt Environmental Solutions LTD), Loan Agreement (Dirtt Environmental Solutions LTD)

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Collateral Monitoring Fee. A fully earned and non-refundable monthly collateral monitoring fee of One Thousand Five Hundred Dollars ($1,000 per month1,500), payable monthly in advance beginning on the Closing Date and arrears, on the first day of each month thereafter.(prorated for any partial month at the beginning and upon termination of this Agreement); and

Appears in 3 contracts

Samples: Loan and Security Agreement (Stereotaxis, Inc.), Loan and Security Agreement (Stereotaxis, Inc.), And Security Agreement (Stereotaxis, Inc.)

Collateral Monitoring Fee. A fully earned and non-refundable monthly collateral monitoring fee of $1,000 500 per monthmonth until the Termination Date (the “Collateral Monitoring Fee”), which shall be due and payable monthly in advance beginning on the Closing Date and arrears on the first day of each month thereaftermonth, commencing on September 1, 2021.

Appears in 2 contracts

Samples: Loan and Security Agreement (Janel Corp), Loan and Security Agreement (Janel Corp)

Collateral Monitoring Fee. A fully earned and non-refundable monthly collateral monitoring fee in an amount equal to one-half of $1,000 one percent (0.50%) per monthannum of the average for the period of the daily closing balance of the Revolving Line outstanding (prorated for any partial month at the beginning and upon termination of this Agreement) (the “Collateral Monitoring Fee”), payable as determined by Agent, in advance beginning on the Closing Date and on the first day of each month thereafter.its reasonable discretion; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Vericel Corp), Loan and Security Agreement (Vericel Corp)

Collateral Monitoring Fee. A fully earned and non-refundable collateral monitoring fee of $1,000 per month, due and payable monthly in advance beginning on the Closing Date and arrears on the first day of each the month thereafterand on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (SAExploration Holdings, Inc.)

Collateral Monitoring Fee. A fully earned and non-refundable monthly collateral monitoring fee of $1,000 per monthmonth until the Termination Date (the “Collateral Monitoring Fee”), which shall be due and payable monthly in advance beginning on the Closing Date and arrears on the first day of each month thereaftermonth, commencing on November 1, 2017.

Appears in 1 contract

Samples: Loan and Security Agreement (Janel Corp)

Collateral Monitoring Fee. A fully earned and non-refundable collateral monitoring fee of $1,000 12,000 per monthannum, payable in advance in equal monthly instalments of $1,000 beginning on the Closing Date and on the first day of each month thereafter.

Appears in 1 contract

Samples: Loan Agreement (Vicinity Motor Corp)

Collateral Monitoring Fee. A fully earned and non-refundable monthly collateral monitoring fee of $1,000 500 per monthmonth until the Termination Date (the “Collateral Monitoring Fee”), which shall be due and payable monthly in advance beginning on the Closing Date and arrears on the first day of each month thereaftermonth, commencing on March 1, 2020”.

Appears in 1 contract

Samples: Loan and Security Agreement (Janel Corp)

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Collateral Monitoring Fee. A fully earned and non-refundable collateral fee at the rates established from time to time by Lender as its Collateral monitoring fee of fees (which fees are currently $1,000 500 per month), due and payable monthly in advance beginning on the Closing Date and on the first day of each the month thereafterand on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Startek Inc)

Collateral Monitoring Fee. A fully earned and non-refundable collateral monitoring fee of $1,000 per month1,000, payable monthly in advance beginning on the Closing Date and advance, on the first day Business Day of each month thereafter.month; and

Appears in 1 contract

Samples: Loan and Security Agreement (Enservco Corp)

Collateral Monitoring Fee. A fully earned and non-refundable monthly collateral monitoring fee of $1,000 per month1,500.00, payable in advance beginning on the Closing Date and arrears on the first day of each month thereafter.(prorated for any partial month) and upon termination of this Agreement; and

Appears in 1 contract

Samples: Loan and Security Agreement (Saba Software Inc)

Collateral Monitoring Fee. A fully earned and non-refundable collateral monitoring fee of $1,000 350 per month, due and payable monthly in advance beginning on the Closing Date and on the first day of each month thereafterthe month.

Appears in 1 contract

Samples: Credit and Security Agreement (Charles & Colvard LTD)

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