Field Examination Fee definition

Field Examination Fee and "Field Examination Fees" have the meanings described in Section 2.7.3(Field Examination Fees).
Field Examination Fee has the meaning specified therefor in Section 2.08(d) hereof.
Field Examination Fee the fee specified as such in the Receivables Schedule, or such other amount as may be specified from time to time by the Purchaser. Financial Institution: any bank, investment bank, trust company, credit union, thrift, broker-dealer, investment, loan or finance company, insurance company or other depository institution of similar ilk. Funded Amount: for any Eligible Debt, an amount equal to the excess of the Purchase Price of such Eligible Debt over the Dilution Reserve calculated for such Eligible Debt. Funding Limit: as specified in the Receivables Schedule. GAAP: generally accepted accounting principles in the United States of America, as in effect from time to time, set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants, in the statements and pronouncements of the Financial Accounting Standards Board and in such other statements by such other entity as may be in general use by significant segments of the accounting profession that are applicable to the circumstances as of the date of determinations. Subject to Section 1.2(e) of this Exhibit A, all references to GAAP shall be to GAAP applied consistently with the principles used in the preparation of the financial statements described in section.

Examples of Field Examination Fee in a sentence

  • The Agent agrees that the initial portion of the Field Examination Fee payable on the Closing Date shall be pro rated for the actual number of days for the period commencing on the Closing Date and ending on January 31, 1997.

  • The Field Examination Fee shall be in the amount of Forty Thousand Dollars ($40,000) per annum.

  • Borrower agrees to pay to BACC a fee (Field Examination Fee) in an amount equal to Seven Hundred Fifty Dollars ($750.00) 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.

  • Borrower shall pay BACC a fee (the Field Examination Fee) in an amount equal to Seven Hundred Fifty Dollars ($750.00) 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.

  • Thereafter, it describes some more long-term research directions this work could lead to.


More Definitions of Field Examination Fee

Field Examination Fee. As more fully set forth in ARTICLE V, the BORROWERS will reimburse LENDER for its periodic field examinations. This reimbursement shall be limited to $850 PER DAY PER EXAMINER, PLUS LENDER'S OUT-OF-POCKET EXPENSES, up to a maximum of $37,500 per year. If an Event of Default has occurred and not been cured, however, there shall be no limit on LENDER's right to reimbursement of reasonable expenses actually incurred. By its execution of this Agreement, each BORROWER hereby authorizes LENDER to effect payment of such fee pursuant to the Authorization to Charge. The fact that only one BORROWER's loan account may be charged on LENDER's books in no way alters or lessens the joint and several payment liability of all the BORROWERS.
Field Examination Fee means a fee in an amount equal to Nine Hundred Fifty Dollars ($950) per day, per examiner plus out-of-pocket expenses.
Field Examination Fee. BORROWER shall pay AGENT for the benefit of AGENT, and not for the benefit of the LENDERS, a Field Examination Fees as more fully set forth in Article V.
Field Examination Fee has the meaning specified therefor in Section 2.06(f).
Field Examination Fee has the meaning specified therefor in Section 2.06(d). "Final Maturity Date" means the third anniversary of the Effective Date, or such earlier date, on which any Loan shall become due and payable, in whole or in part, in accordance with the terms of this Agreement and the other Loan Documents. "Financial Statements" means (i) the audited consolidated balance sheet of the Borrower and its Subsidiaries for the Fiscal Year ended June 30, 1998 and the related consolidated statement of operations, shareholders' equity and cash flows for the Fiscal Year then ended and (ii) the unaudited consolidated balance sheet of the Borrower and its Subsidiaries for the quarter ended December 31, 1998 and the related consolidated statement of operations, shareholder's equity and cash flows for the quarter then ended. "Fiscal Year" means the fiscal year of the Borrower and its Subsidiaries ending on June 30 of each year. "Fixed Charge Coverage Ratio" means, for any period, the ratio of (i) Consolidated EBITDA of the Borrower and its Subsidiaries for such period, to (ii) the sum of (A) all principal of Indebtedness of the Borrower and its Subsidiaries scheduled to be paid or prepaid during such period (not including prepayments of the Revolving Loans unless such prepayments are accompanied by a reduction of the Revolving Credit Commitment), plus (B) Consolidated Net Interest Expense of the Borrower and its Subsidiaries for such period, plus (C) income taxes paid or payable by the Borrower and its Subsidiaries during such period, plus (D) cash dividends or distributions paid by the Borrower or any of its Subsidiaries (other than dividends or distributions paid to the Borrower ) during such period, plus (E) Capital Expenditures made by the Borrower and its Subsidiaries during such period. "Funding Fee" has the meaning specified therefor in Section 2.06(a). "GAAP" means generally accepted accounting principles in effect from time to time in the United States, applied on a consistent basis, provided that for the purpose of Section 6.03 hereof and the definitions used therein, "GAAP" shall mean generally accepted accounting principles in effect on the date hereof and consistent with those used in the preparation of the Financial Statements, provided further that if there occurs after the date of this Agreement any change in GAAP that affects in any respect the calculation of any covenant contained in Section 6.03 hereof, the Lender and the Borrower shall negotiate in good faith am...
Field Examination Fee. For each field examination of the books, records and other assets of Borrower performed by on or more employees or agents of Lender, Borrower shall pay to Lender a field examination fee in an amount equal to Eight Hundred Fifty U.S. Dollars ($850.00) (or such other amount as Lender shall establish from time to time on notice to Borrower) for each day spent by each such employee in performing and/or summarizing the results of such examination (including all necessary travel time) plus all reasonable "out-of-pocket" expenses. Field examinations shall be performed by Lender no more frequently than quarterly, or, if Borrower is in default, with such frequency as Lender shall determine in its sole discretion, and each field examination fee shall be payable by Borrower to Lender on the date on which each such field examination is performed."
Field Examination Fee means the fee set out in clause 7.1(d) and the Details.