Common use of Administrative Fee Clause in Contracts

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 3 contracts

Samples: Factoring Agreement (Gensia Sicor Inc), Accounts Receivable Purchase Agreement (Analogy Inc), Accounts Receivable Purchase Agreement (Timeline Inc)

AutoNDA by SimpleDocs

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 1.0 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 3 contracts

Samples: Factoring Agreement (Forecross Corp), Factoring Agreement (Forecross Corp), Factoring Agreement (Forecross Corp)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%1.0(%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Fee")- Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 2 contracts

Samples: Factoring Agreement (Source Scientific Inc), Factoring Agreement (Source Scientific Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%.80(%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Factoring Agreement (Zycad Corp)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%) percent 0.78125% of the face amount of amounts Advanced with respect to each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 3.6 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Focus Enhancements Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to (a) .50 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period Period, and (b) an additional .25 (%) percent of the face amount of each Purchased Receivable effective December 1, 1998 (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Integrated Packaging Assembly Corp)

Administrative Fee. On each Reconciliation Date Date, Seller shall pay to Buyer an Administrative Fee equal to .50 one-half of one percent (0.5%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 3.6 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Log on America Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 Three-Quarters of One Percent (0.75%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Peritus Software Services Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%) percent 0.625% of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Ace Comm Corp)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%) percent of the face amount of each ------- Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Factoring Agreement (Sound Source Interactive Inc /De/)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 .75 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Open Market Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 1.0 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below. 3.4.

Appears in 1 contract

Samples: Factoring Agreement (Oxis International Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%) zero percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Factoring Agreement (Cross Z International Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%0.25(%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Zamba Corp)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 1.00 (%) percent of the face amount of each -------- Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Bio Imaging Technologies Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 .25 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Starbase Corp)

AutoNDA by SimpleDocs

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 .25 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Effective March 1, 1999, Seller shall pay to Buyer an Administrative Fee equal to .75 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period. Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Perficient Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 One Percent (1.0%) percent of the face amount of each Purchased Financed Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Gensym Corp)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 (%0(%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Factoring Agreement (Data Dimensions Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 1 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (P Com Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 1.00 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Gensym Corp)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 1.50 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Loan Agreement (Image Guided Technologies Inc)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 .65 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Seller shall pay to Buyer an additional .50 (%) percent Administrative Fee on Purchased Receivables whose Account Debtors are Government Agencies. Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 3.7 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Agritope Inc)

Administrative Fee. On each Reconciliation Date each Seller shall pay to Buyer an Administrative Fee equal to .50 one-quarter of one percent (0.25%) percent of the face amount of each Purchased Receivable of such Seller first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Modification Agreement (Return on Investment Corp)

Administrative Fee. On each Reconciliation Date Seller shall pay to Buyer an Administrative Fee equal to .50 .625 (%) percent of the face amount of each Purchased Receivable first purchased during that Reconciliation Period (the "Administrative Fee"). Buyer shall deduct the Administrative Fee from the Reserve as set forth in Section 3.5 below.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (Docucon Incorporated)

Time is Money Join Law Insider Premium to draft better contracts faster.