Common use of Anniversary Fee Clause in Contracts

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Thousand Dollars ($10,000) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving Line, or (iii) the occurrence of an Event of Default; and

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

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Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Thousand Dollars $($10,000) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving Line, or (iii) the occurrence of an Event of Default; and

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix Inc)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Thousand Dollars ($10,000) 11,000 (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest earlier to occur of (i) the one (1) year anniversary of the Effective Date, Date (ii) the termination of this Agreement or the Revolving Line, or (iii) the occurrence of an Event of Default; and;

Appears in 1 contract

Samples: Loan and Security Agreement (Research Solutions, Inc.)

Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Seventy Five Thousand Dollars ($10,00075.000.00) (the “Anniversary Fee”) is shall be earned as of the Effective Date date hereof, and is due and shall be payable on the earliest earlier to occur of (i) the date that is one (1) year anniversary of from the Effective Date (the “Anniversary Date”), (ii) the termination of this Agreement or the Revolving Line, or (iii) the occurrence of an Event of Default; and, or (iii) the early termination of this Agreement;

Appears in 1 contract

Samples: Loan and Security Agreement (Paradigm Holdings, Inc)

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Anniversary Fee. A fully earned, non-refundable anniversary fee of Ten Seventeen Thousand Five Hundred Dollars ($10,00017,500) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest earlier to occur of (i) the one (1) year anniversary of the Effective Date, (ii) the termination of this Agreement or the Revolving LineAgreement, or (iii) the occurrence of an Event of Default; and;

Appears in 1 contract

Samples: Loan and Security Agreement (RMG Networks Holding Corp)

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