Common use of Financing Fees Clause in Contracts

Financing Fees. As additional consideration to Lender for making the Advances hereunder, Borrower shall grant and issue to Lender 100 shares of common stock of Borrower for every $1,000 of the maximum Credit Balance under this Agreement. Such Financing Fee shall be paid concurrently with each Advance paid hereunder.

Appears in 1 contract

Sources: Credit Agreement (Golden West Brewing Company, Inc.)

Financing Fees. As additional consideration to Lender for making the Advances hereunder, Borrower shall grant and issue to Lender 100 10 shares of common stock of Borrower for every $1,000 of the maximum Credit Balance under this Agreement. Such Financing Fee shall be paid concurrently with each Advance paid hereunderon the Initial Termination Date.

Appears in 1 contract

Sources: Credit Agreement (B2 Health, Inc.)