Common use of Administrative Agent Fee Clause in Contracts

Administrative Agent Fee. Borrower agrees to pay to Administrative Agent an annual administrative fee of $50,000, due and payable by Borrower in $25,000 installments on June 30 and December 31 of each year.

Appears in 1 contract

Samples: Credit Agreement (Monarch Dental Corp)

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Administrative Agent Fee. The Borrower agrees to pay to the Administrative Agent Agent, for its individual account, an annual administrative fee in the amount of $50,000, due 30,000. Such fee shall be payable annually in advance (a) on the date hereof and payable by Borrower (b) on each anniversary thereof until the date on which the Commitments are terminated and the facility hereunder is terminated in $25,000 installments on June 30 and December 31 of each yearfull.

Appears in 1 contract

Samples: Credit Agreement (Saratoga Resources Inc /Tx)

Administrative Agent Fee. Borrower agrees to The Borrowers, jointly and severally, shall pay to Administrative Agent Agent, for the account of Administrative Agent, an annual administrative agent fee of $50,000, due and payable by Borrower in an amount equal to $25,000 installments on June 30 the Closing Date, which shall be fully earned upon execution of this Agreement by the Administrative Agent, the initial Term Lenders hereunder and December 31 of the Borrowers, and $25,000 per annum on each year.anniversary thereafter until the Maturity Date

Appears in 1 contract

Samples: Credit Agreement (Intersections Inc)

Administrative Agent Fee. The Borrower agrees to pay to the Administrative Agent an annual administrative agency fee of $50,000, due 100,000 per annum on the Closing Date and payable by Borrower on each anniversary thereof until Payment in $25,000 installments on June 30 and December 31 of each yearFull.

Appears in 1 contract

Samples: Intercreditor Agreement (Lilis Energy, Inc.)

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Administrative Agent Fee. The Borrower agrees to shall pay to the Administrative Agent an annual administrative agent fee of $50,000, due 50,000 per annum payable every three months in advance commencing on the Closing Date and payable by Borrower in $25,000 installments on June 30 and December 31 of each yearthree-month anniversary thereof.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Argo Blockchain PLC)

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