Common use of Field Examination and Other Fees Clause in Contracts

Field Examination and Other Fees. Borrowers shall pay to the Co-Collateral Agents, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral Agents, and (ii) the fees or charges paid or incurred by Co-Collateral Agents (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers shall not be obligated to reimburse the Co-Collateral Agents for more than two (2) field examinations during any calendar year, plus an additional field examination during any calendar year in which a Reporting Trigger Period occurs.

Field Examination and Other Fees. Borrowers shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower or its Subsidiaries performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two (2) 2 field examinations during any calendar year, plus an additional field examination year and more than 3 appraisals of each type of Collateral during any calendar year in which a Reporting Trigger Period occursyear.

Field Examination and Other Fees. Borrowers shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus reasonable documented out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers shall not be obligated to reimburse the Co-Collateral Agents Agent for more than (i) two (2) field examinations during any calendar year, plus an additional field examination (ii) two (2) appraisals of the Inventory (including Spare Parts) during any calendar year in which a Reporting Trigger Period occursyear, or (iii) one (1) appraisal of each Aircraft, together with its respective Engines, Propellers, and Appliances, during any calendar year.

Field Examination and Other Fees. Borrowers Borrower shall pay to Agent, for the Co-Collateral Agentsaccount of Agent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 1,100 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees fees, charges, or charges expenses paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 1,100 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers Borrower shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two (2) 1 field examinations during any calendar year, plus an additional field examination more than 1 appraisal of the Collateral during any calendar year in which a Reporting Trigger Period occursyear, or more than 1 business valuation during any calendar year.

Field Examination and Other Fees. Borrowers shall pay to the Co-Collateral Agents, Agent field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two three (23) field examinations during any calendar year, plus an additional field examination year and more than one (1) appraisal of each type of Collateral during any calendar year in which a Reporting Trigger Period occursyear.”

Field Examination and Other Fees. Borrowers Borrower shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers Borrower shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two (2) 3 field examinations during any calendar year, plus an additional field examination more than 1 appraisal of the Collateral during any calendar year in which a Reporting Trigger Period occursyear, or more than 1 business valuation during any calendar year.

Field Examination and Other Fees. Borrowers shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus reasonable out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus reasonable out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of Parent, any Borrower or its their Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess Parent’s, any Borrower’s or its any of their Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers shall not be obligated to reimburse the Co-Collateral Agents Agent for (x) more than two (2) field examinations during any calendar year, plus an additional field examination year or (y) more than one (1) appraisal of the Collateral during any calendar year in which a Reporting Trigger Period occursyear.

Field Examination and Other Fees. Borrowers Borrower shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus reasonable documented out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed or designated by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers Borrower shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two (2i) one (1) field examinations during any examination per each calendar yearquarter, plus an additional field examination during any calendar year in which a Reporting Trigger Period occurs(ii) one (1) appraisal of the Inventory (including Spare Parts) prior to the Maturity Date, or (iii) one (1) appraisal of each Aircraft, together with its respective Engines, Propellers and Appliances, prior to the Maturity Date.

Field Examination and Other Fees. Borrowers Borrower shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus reasonable documented out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed or designated by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-out- of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers Borrower shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two (2i) one (1) field examinations during any examination per each calendar yearquarter, plus an additional field examination during any calendar year in which a Reporting Trigger Period occurs(ii) one (1) appraisal of the Inventory (including Spare Parts) prior to the Maturity Date, or (iii) one (1) appraisal of each Aircraft, together with its respective Engines, Propellers and Appliances, prior to the Maturity Date.

Field Examination and Other Fees. Borrowers shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers Borrower shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two (2) 4 field examinations during any calendar year, plus an additional field examination year or more than 2 appraisals of the Collateral during any calendar year in which a Reporting Trigger Period occursyear.

Field Examination and Other Fees. Borrowers shall pay to the Co-Collateral AgentsAgent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Borrower performed by personnel employed by the Co-Collateral AgentsAgent, and (ii) the fees or charges paid or incurred by Co-Collateral Agents Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of any Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess any Borrower’s or its Subsidiaries' ’ business valuation; provided, that so long as no Event of Default shall have occurred and be continuing, Borrowers shall not be obligated to reimburse the Co-Collateral Agents Agent for more than two (2) field examinations during any calendar year, plus an additional field examination year and more than one (1) appraisal of each type of Collateral during any calendar year in which a Reporting Trigger Period occursyear.