Facility Fees. A facility fee for the Initial Term in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date of this Agreement and shall be payable in equal installments due, respectively, on the date of this Agreement and on each anniversary thereof during the Initial Term), and a facility fee for each Renewal Term in the amount set forth in Section 6(b)(ii) of Schedule A (which shall be fully earned as of the first day of such Renewal Term and shall be payable in equal installments due, respectively, on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term).
Appears in 3 contracts
Samples: Loan and Security Agreement (Sparta Surgical Corp), Loan and Security Agreement (Transpacific International Group Corp), Loan and Security Agreement (Coffee Holding Co Inc)
Facility Fees. (i) A facility fee for the Initial Term Term, which shall be fully earned as of the date of this Agreement, and shall be payable in equal installments in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date on each anniversary of this Agreement and shall be payable in equal installments due, respectively, on the date of this Agreement and on each anniversary thereof during the Initial Term), and (ii) a facility fee for each Renewal Term in the amount set forth in Section 6(b)(ii) of Schedule A (Term, which shall be fully earned as of the first day of such Renewal Term Term, and shall be payable in equal installments due, respectively, in the amount set forth in Section 6(b)(ii) of Schedule A on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term).
Appears in 3 contracts
Samples: Loan and Security Agreement (Gardenburger Inc), Loan and Security Agreement (Intellicell Corp), Loan and Security Agreement (Athey Products Corp)
Facility Fees. A facility fee for the Initial Term in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date of this Agreement and shall be payable in equal installments due, respectively, on each anniversary of the date of this Agreement and on each anniversary thereof hereof during the Initial Term), and a facility fee for each Renewal Term in the amount set forth in Section 6(b)(ii) of Schedule A (which shall be fully earned as of the first day of such Renewal Term and shall be payable in equal installments due, respectively, on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term).
Appears in 3 contracts
Samples: Security Agreement (Northwest Teleproductions Inc), Loan and Security Agreement (Northwest Teleproductions Inc), Security Agreement (Northwest Teleproductions Inc)
Facility Fees. A facility fee for the Initial Term in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date of this Agreement and shall be payable in equal installments due, respectively, on each anniversary of the date of this Agreement and on each anniversary thereof during the Initial Term), and a facility fee for each Renewal Term in the amount set forth in Section 6(b)(ii) of Schedule A (which shall be fully earned as of the first day of such Renewal Term and shall be payable in equal installments due, respectively, on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term).
Appears in 2 contracts
Samples: Loan and Security Agreement (Fix Corp International Inc), Loan and Security Agreement (Fix Corp International Inc)
Facility Fees. A facility fee for the Initial Term in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date of this Agreement and shall be payable in equal installments due, respectively, on the date of this Agreement and on each anniversary thereof during the Initial Term), and a facility fee for each Renewal Term in the amount set forth in Section 6(b)(ii) of Schedule A (which shall be fully earned as of the first day of such Renewal Term and shall be payable in equal installments due, respectively, on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term).
Appears in 2 contracts
Samples: Loan and Security Agreement (Fields Aircraft Spares Inc), Loan and Security Agreement (Fields Aircraft Spares Inc)
Facility Fees. A facility fee for the Initial Term (the "Initial Term Facility Fee") in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of, and shall be payable on, each anniversary of the date of this Agreement and shall be payable in equal installments due, respectively, on the date of this Agreement and on each anniversary thereof during the Initial Term, other than the Maturity Date), and a facility fee for each Renewal Term (the "Renewal Term Facility Fee") in the amount set forth in Section 6(b)(ii) of Schedule A (which shall be fully earned as of the first day of such Renewal Term of, and shall be payable in equal installments dueon, respectively, on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term, other than the Maturity Date).
Appears in 1 contract
Samples: Loan and Security Agreement (Titan Global Holdings, Inc.)
Facility Fees. A facility fee for the Initial Term in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date of this Agreement and shall be payable in equal installments due, respectively, on the date of this Agreement and on each anniversary thereof during the Initial Term), and a facility fee for each Renewal Term Term, if any, in the amount set forth in Section 6(b)(ii6(b )(ii) of Schedule A (which shall be fully earned as of the first day of such Renewal Term and shall be payable in equal installments due, respectively, on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term).
Appears in 1 contract
Facility Fees. A facility fee for the Initial Term in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date of this Agreement and shall be payable in equal installments due, respectively, on the first and second anniversaries of the date of this Agreement and on each anniversary thereof during the Initial TermAgreement), and a facility fee for each Renewal Term in the amount set forth in Section 6(b)(ii) of Schedule A (which shall be fully earned as of the first day of such Renewal Term and shall be payable in equal installments due, respectively, on the first day of such Renewal Term and on each anniversary thereof during such Renewal Termthe first and second anniversaries thereof).
Appears in 1 contract
Samples: Loan and Security Agreement (Top Source Technologies Inc)
Facility Fees. (i) A facility fee for the Initial Term Term, which shall be fully earned as of the date of this Agreement, and shall be payable in equal installments in the amount set forth in Section 6(b)(i) of Schedule A (which shall be fully earned as of the date on each anniversary of this Agreement and shall be payable in equal installments due, respectively, on the date of this Agreement and on each anniversary thereof during the Initial Term), and (ii) a facility fee for each Renewal Term in the amount set forth in Section 6(b)(ii) of Schedule A (Term,, which shall be fully earned as of the first day of such Renewal Term Term, and shall be payable in equal installments due, respectively, in the amount set forth in Section 6(b)(ii) of Schedule A on the first day of such Renewal Term and on each anniversary thereof during such Renewal Term).
Appears in 1 contract
Samples: Loan and Security Agreement (Obsidian Enterprises Inc)