Examination Fee. Borrower agrees to pay to FINOVA the Examination Fee in the amount set forth on the Schedule in connection with each audit or examination of Borrower performed by FINOVA prior to or after the date hereof. Without limiting the generality of the foregoing, Borrower shall pay to FINOVA an initial Examination Fee in an amount equal to the amount set forth on the Schedule. Such initial Examination Fee shall be deemed fully earned at the time of payment and due and payable upon the closing of this transaction, and shall be deducted from any good faith deposit paid by Borrower to FINOVA prior to the date of this Agreement.
Examination Fee. Borrower agrees to pay to Lender an examination fee in the amount of $1,000.00 per person per day in connection with each audit or field examination of Borrower performed by Lender prior to or after the date hereof (including the initial examination), plus all costs and expenses incurred in connection therewith (the “Examination Fee”), all of which shall be deemed part of the Obligations. Without limiting Lender’s rights hereunder and under the Loan Agreement, Lender agrees, provided no Event of Default shall have occurred, to limit ordinary course field examinations to no more than two (2) per contract year.
Examination Fee. Borrower agrees to pay to Agent, for its sole account, the Examination Fee in the amount set forth in the Schedule in connection with each audit or examination of Borrower performed by Agent prior to or after the date hereof provided that, as set forth in the Schedule, so long as no Event of Default exists, Borrower shall be required to pay the Examination Fee for only one audit or examination in each fiscal quarter of Borrower. Without limiting the generality of the foregoing, Borrower shall pay to Agent, for its sole account, an initial Examination Fee in an amount equal to the amount set forth in the Schedule. Such initial Examination Fee shall be deemed fully earned at the time of payment and due and payable upon the closing of this transaction, and shall be deducted from any good faith deposit paid by Borrower to Agent prior to the date of this Agreement.
Examination Fee. Borrowers shall pay to Lender an examination fee for each examination equal to $650.00 per examiner per day or any portion thereof together with out-of-pocket expenses.
Examination Fee. Borrower shall pay DLL an examination fee equal to Seven Hundred and Fifty Dollars ($750) per day per field examiner, plus all out-of-pocket costs and expenses incurred by each such field examiner for each field examination and/or audit conducted by DLL regarding Borrower and its Collateral (the “Examination Fee”), which shall be deemed fully earned and non-refundable as of the end of each such day of each such field examination and/or audit and shall be due and payable on demand, provided that, unless an Event of Default has occurred and remains outstanding, (i) Borrower shall not be liable for any Examination Fee in excess of Two Thousand Two Hundred Fifty Dollars ($2,250) with respect to any particular field examination and audit (however, the parties hereto agree that, in the event that after the Closing Date, any further additional Borrower entities are joined into and become part of this Agreement, such amount shall be increased by up to Thousand Two Hundred Fifty Dollars ($2,250) for each such new Borrower entity so joined) and (ii) Borrower shall not be liable for any Examination Fee with respect to more than four (4) such field examinations and audits in any year, but provided further that Borrower acknowledges that the foregoing limitations shall not apply with respect to any field examination or audit conducted by DLL at any time when an Event of Default has occurred and remains outstanding. Borrower acknowledges and agrees that DLL shall conduct such field examinations and audits at least quarterly. Notwithstanding anything to the contrary contained in the foregoing but subject to the other terms in this Agreement, nothing shall limit DLL’s (and its agents’ or auditors’) rights of access upon reasonable notice and at reasonable times (except that no such notice shall be required at any time after the occurrence and during the continuance of an Event of Default) at any time to Borrower's records, files, books of account and all other documents, instruments and agreements relating to the Collateral and to Borrower’s business locations and the Collateral as provided for under Section 9.1(a) of this Agreement or the number of field examinations and/or audits with respect to Borrower and its Collateral that DLL (and its agents or auditors) may conduct at DLL’s own expense from time to time or to limit DLL’s rights to determine the appropriate scope of any field examination or audit or the number of field examiners DLL may send to conduct any field e...
Examination Fee. Borrower agrees to pay to FINOVA an examination fee in the amount of $650 per person per day in connection with each audit or examination of Borrower performed by FINOVA prior to or after the date hereof, plus all costs and expenses incurred in connection therewith (the "EXAMINATION FEE"). Without limiting the generality of the foregoing, Borrower shall pay to FINOVA an initial Examination Fee in an amount equal to $650 per person per day, plus all costs and expenses incurred in connection therewith. Such initial Examination Fee shall be deemed fully earned at the time of payment and due and payable upon the closing of this transaction, and shall be deducted from any good faith deposit paid by Borrower to FINOVA prior to the date of this Agreement. ================================================================================ CLOSING CONDITIONS:
Examination Fee. Borrowers agrees to pay jointly and severally to FINOVA the Examination Fee in the amount set forth on the Schedule in connection with each audit or examination of Borrowers performed by FINOVA prior to or after the date hereof. Without limiting the generality of the foregoing, Borrowers shall jointly and severally pay to FINOVA an initial Examination Fee in an amount equal to the amount set forth on the Schedule. Such initial Examination Fee shall be deemed fully earned at the time of payment and due and payable upon the closing of this transaction, and shall be deducted from any good faith deposit paid by Borrowers to FINOVA prior to the date of this Agreement.
Examination Fee. Borrower agrees to pay to FINOVA the Examination Fee in the amount set forth on the Schedule in connection with each audit or examination of Borrower performed by FINOVA prior to or after the date hereof. The parties hereto acknowledge and agree that the initial Examination Fee described on the Schedule for the audit and examination performed prior to closing has been fully earned by FINOVA and has been paid in full from the deposit previously provided to FINOVA by Borrower.
Examination Fee. Borrower agrees to pay to FINOVA an examination fee in the amount of $600.00 per person per day in connection with each audit or examination of Borrower performed by FINOVA prior to or after the date hereof, plus all costs and expenses incurred in connection therewith (the "EXAMINATION FEE"). Without limiting the generality of the foregoing, Borrower shall pay to FINOVA an initial Examination Fee in an amount equal to $600.00 per person per day, plus all costs and expenses incurred in connection therewith. Such initial Examination Fee shall be deemed fully earned at the time of payment and due and payable upon the closing of this transaction, and shall be deducted from any good faith deposit paid by Borrower to FINOVA prior to the date of this Agreement. =============================================================================== CONDITIONS OF CLOSING (SECTION 4.1): The obligation of FINOVA to make the initial advance hereunder is subject to the fulfillment, to the satisfaction of FINOVA and its counsel, of each of the following conditions, in addition to the conditions set forth in Sections 4.1 and 4.2 above:
Examination Fee. Borrower agrees to pay to FINOVA an examination fee --------------- in the amount of $600 per person per day in connection with each audit or examination of Borrower performed by FINOVA prior to or after the date hereof, plus all out-of-pocket costs and expenses incurred in connection therewith (the "Examination Fee"). Without limiting the --------------- generality of the foregoing, Borrower shall pay to FINOVA an initial Examination Fee in an amount equal to $600 per person per day, plus all out-of-pocket costs and expenses incurred in connection therewith. Such initial Examination Fee shall be deemed fully earned at the time of payment and due and payable upon the closing of this transaction, and shall be deducted from any good faith deposit paid by Borrower to FINOVA prior to the date of this Agreement. =============================================================================== NOTIFICATION OF CLOSING (SECTION 2.13): The amount for purposes of Section 2.13 shall be computed using the Revolving Interest Rate. =============================================================================== CONDITIONS OF CLOSING (Section 4.1): The obligation of FINOVA to make the initial advance hereunder or to issue or arrange for the issuance of the initial Letter of Credit hereunder is subject to the fulfillment, to the satisfaction of FINOVA and its counsel, of each of the following conditions, in addition to the conditions set forth in Sections 4.1 and 4.2 above:
