Commitment and Closing Fee. Borrower shall pay to Lender a $10,000 closing and extension fee, payable in two installments of $5,000 each, the first such installment to be made on the date this agreement is executed and the second and final installment to be made 90 days hereafter.
Appears in 2 contracts
Sources: Loan and Security Agreement (Helios & Matheson North America Inc.), Loan and Security Agreement (Helios & Matheson North America Inc.)