Common use of Field Examination Fee Clause in Contracts

Field Examination Fee. Borrower shall pay BACC a fee in an amount equal to Five Hundred Dollars ($500.00) per day per examiner, plus out-of-pocket expenses for each examination of Borrower's Books or the other Collateral performed by BACC or its designee, provided that so long as no Event of Default exists, the maximum amount of such fees Borrower shall be obligated to pay for each year of the Term hereof shall be $1,625.00..

Appears in 3 contracts

Samples: Loan and Security Agreement (K Tronik International Corp), Loan and Security Agreement (K Tronik International Corp), Loan and Security Agreement (K Tronik International Corp)

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Field Examination Fee. Borrower shall pay BACC a fee in an amount equal to Five Hundred Dollars ($500.00) per day per examiner, plus out-of-pocket expenses for each examination of Borrower's Books or the other Collateral performed by BACC or its designee, provided that so long as no Event of Default exists, the maximum amount of such fees Borrower shall be obligated to pay for each year of the Term hereof shall be $1,625.00...

Appears in 3 contracts

Samples: Loan and Security Agreement (K Tronik International Corp), Loan and Security Agreement (K Tronik International Corp), Loan and Security Agreement (K Tronik International Corp)

Field Examination Fee. Borrower shall pay BACC a fee (the Field Examination Fee) in an amount equal to Five Seven Hundred Fifty Dollars ($500.00750.00) per day per examiner, plus out-of-pocket expenses for each examination of Borrower's Books or the other Collateral performed by BACC or its designee, provided that so long as no Event of Default exists, the maximum amount of such fees Borrower shall be obligated to pay for each year of the Term hereof shall be $1,625.00...

Appears in 1 contract

Samples: Loan and Security Agreement (Drinks Americas Holdings, LTD)

Field Examination Fee. Borrower shall pay BACC a fee (the Field Examination Fee) in an amount equal to Five Seven Hundred Fifty Dollars ($500.00750.00) per day per examiner, plus out-of-pocket expenses for each examination of Borrower's ’s Books or the other Collateral performed by BACC or its designee, provided that so long as no Event of Default exists, the maximum amount of such fees Borrower shall be obligated to pay for each year of the Term hereof shall be $1,625.00...

Appears in 1 contract

Samples: Loan and Security Agreement (Drinks Americas Holdings, LTD)

Field Examination Fee. Borrower shall pay BACC a fee (the Field Examination Fee) in an amount equal to Five Seven Hundred Fifty Dollars ($500.00750) per day per examiner, plus out-of-pocket expenses for each examination of Borrower's Books or the other Collateral performed by BACC or its designee, provided that so long as no Event of Default exists, the maximum amount of such fees Borrower shall be obligated to pay for each year of the Term hereof shall be $1,625.00...

Appears in 1 contract

Samples: Loan and Security Agreement (Reeds Inc)

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Field Examination Fee. Borrower shall pay BACC a fee in an amount equal to Five Seven Hundred Dollars ($500.00700) per day per examiner, plus out-of-pocket expenses for each field examination of Borrower's Books or the other Collateral performed by BACC or its designee, provided that so long as no Event of Default exists, the maximum amount of such fees Borrower shall be obligated to pay for each year of the Term hereof shall be $1,625.00...

Appears in 1 contract

Samples: Loan and Security Agreement (Icx Electronics Inc)

Field Examination Fee. Borrower shall pay BACC a fee in an amount equal to Five Six Hundred Dollars ($500.00600.00) per day per examiner, plus out-of-pocket expenses for each examination of Borrower's Books or the other Collateral performed by BACC or its designee, designee provided that so long as no Event of Default exists, exists the maximum amount of such fees Borrower shall not be obligated responsible to pay for each year such examination fees in excess of the Term hereof shall be $1,625.00..9,000.00 per loan year.

Appears in 1 contract

Samples: Loan and Security Agreement (Windswept Environmental Group Inc)

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