Common use of Closing Fee Clause in Contracts

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 less that portion of the commitment deposit fees aggregating $50,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 3 contracts

Samples: Security Agreement (Research Pharmaceutical Services, Inc.), Security Agreement (Research Pharmaceutical Services, Inc.), Security Agreement (Research Pharmaceutical Services, Inc.)

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Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 less that portion of the commitment deposit fees aggregating $50,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses250,000.

Appears in 2 contracts

Samples: Security Agreement (TCP International Holdings Ltd.), Security Agreement (TCP International Holdings Ltd.)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 100,000 less that portion of the commitment deposit fees aggregating fee of $50,000 25,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Osteotech Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 180,000, less that portion of the commitment fee of $60,000 and deposit fees aggregating fee of $50,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to Agent’s out of pocket costs, fees (including attorneys’ fees) and expenses.

Appears in 1 contract

Samples: Security Agreement (NYTEX Energy Holdings, Inc.)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 65,000 less that portion of the deposit fee and commitment deposit fees aggregating fee of $50,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Loan and Security Agreement (Microwave Power Devices Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 102,375 less that portion of the commitment deposit fees aggregating of $50,000 20,000 heretofore paid by Borrower to Agent remaining after application of such fee deposit to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Eos International Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 100,000 less that portion of the commitment deposit fees aggregating of $50,000 65,000 heretofore paid by Borrower DRI to Agent remaining after application of such fee deposit to out of pocket expensesexpenses and the underwriting fee referenced in Section 3.3(c).

Appears in 1 contract

Samples: Security Agreement (Dri Corp)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 135,000 less that portion of the commitment deposit fees aggregating fee of $50,000 90,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Pc Service Source Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 75,000 less (1) that portion of the commitment deposit fees aggregating legal closing and diligence fee of $50,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out legal closing and diligence expenses and (2) the non-refundable commitment issuance fee heretofore paid of pocket expenses$30,000.

Appears in 1 contract

Samples: Security Agreement (Terrace Holdings Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 100,000.00 less that portion of the commitment deposit fees aggregating of $50,000 60,000.00 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of out-of-pocket expenses. After the Closing Date, upon Borrowing Agent’s request, Agent shall deliver to Borrowing Agent a written report itemizing such out-of-pocket expenses in reasonable supporting detail.

Appears in 1 contract

Samples: Security Agreement (Kitty Hawk Inc)

Closing Fee. Upon On the execution of this AgreementClosing Date, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 350,000 less that portion of the commitment fee of $100,000 and deposit fees aggregating of $50,000 60,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such commitment fee or deposit to out of pocket expensesexpenses due under Section 16.9.

Appears in 1 contract

Samples: Security Agreement (Hutchinson Technology Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 140,000 less that portion of the commitment deposit fees aggregating fee of $50,000 40,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Ashlin Development Corp)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 50,000 less that portion of the commitment deposit fees aggregating fee of $50,000 25,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expensesAgent.

Appears in 1 contract

Samples: Security Agreement (Batteries Batteries Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 250,000 less that portion of the commitment deposit fees aggregating fee of $50,000 100,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Hybrook Resources Corp.)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 187,500 less that portion of the commitment fee of $75,000 and the deposit fees aggregating fee of $50,000 30,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee fees to out of pocket expenses.

Appears in 1 contract

Samples: Revolving Credit (Trescom International Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 75,000 less that portion of commitment fee of $25,000 and the commitment deposit fees aggregating fee of $50,000 20,000 each heretofore paid by Borrower to Agent remaining after application of such fee fees to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Dreamlife Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 100,000 less that portion of the commitment deposit fees aggregating fee of $50,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses. The closing fee shall be deemed earned in full on the Closing Date and shall not be subject to rebate (or pro-ration upon termination of this Agreement) for any reason.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 75,000 less that portion of the deposit fee of $35,000 and the commitment deposit fees aggregating fee of $50,000 25,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Dreams Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 250,000 less that portion of the commitment deposit fees aggregating fee of $50,000 75,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Hirsch International Corp)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 250,000 less that portion of the commitment deposit fees aggregating fee of $50,000 125,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Sparton Corp)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 135,000 less that portion of the deposit fee of $30,000 and that portion of the commitment deposit fees aggregating fee of $50,000 45,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Hudson Technologies Inc /Ny)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 187,500 less that portion of the commitment fee of $30,000 and the deposit fees aggregating fee of $50,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of out-of-pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Phosphate Holdings, Inc.)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 87,952.50 less that portion of the deposit fee of $30,000 and that portion of the commitment deposit fees aggregating fee of $50,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expensesexpenses incurred by Lenders.

Appears in 1 contract

Samples: Security Agreement (Integrated Biopharma Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 90,000 less that portion of the commitment deposit fees aggregating fee of $50,000 80,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (P&f Industries Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 35,000 less that portion of the commitment fee of $10,000 and that portion of the deposit fees aggregating fee of $50,000 30,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Revolving Credit (Teamstaff Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee in an amount equal to thirty-five one-hundredths of $56,250 less that portion one percent (0.35%) of the commitment deposit fees aggregating $50,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expensesMaximum Loan Amount.

Appears in 1 contract

Samples: Financing Agreement (Verrazano,inc.)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 300,000 less that portion of the commitment deposit fees aggregating fee of $50,000 255,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of out-of-pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Presstek Inc /De/)

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Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 120,000.00 less that portion of the commitment deposit fees aggregating fee of $50,000 40,000.00 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out out-of-pocket expenses, and less that portion of the deposit of $40,000.00 heretofore paid by Borrowers to Agent remaining after application of such fee to out-of-pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Geokinetics Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 100,000, less that portion of the commitment deposit fees aggregating fee of $50,000 35,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Kenexa Corp)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 75,000 less that portion of the commitment deposit fees aggregating fee of $50,000 35,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Health Chem Corp

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers ----------- shall pay to Agent for the ratable benefit of Lenders a closing fee of Fifty Thousand Dollars ($56,250 50,000.00) less that portion of the any deposit or commitment deposit fees aggregating $50,000 fee heretofore paid by Borrower Borrowers to Agent remaining after application of such fee fees to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Intelligroup Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 99,000 less that portion of the deposit fee and the commitment deposit fees aggregating $50,000 fee heretofore paid by Borrower to Agent remaining after application of such fee fees to out of out-of-pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Small World Kids Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 75,000 less that portion of the commitment deposit fees aggregating fee of $50,000 45,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Credit and Security Agreement (Vista Information Solutions Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 less that portion of the commitment fee of $25,000 and that portion of the deposit fees aggregating fee of $50,000 20,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Berliner Communications Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 150,000 less that portion of the commitment deposit fees aggregating fee of $50,000 heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Credit and Security Agreement (Badger Paper Mills Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 150,000 less that portion of the commitment deposit fees aggregating of $50,000 65,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee deposit to out of pocket expenses.

Appears in 1 contract

Samples: Credit and Security Agreement (Horizon Offshore Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 100,000.00, less that portion of the commitment fee of $50,000.00 and that portion of the deposit fees aggregating fee in the sum of $50,000 30,000.00 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee fees to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Gencor Industries Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 150,000 less that portion of the commitment deposit fees aggregating fee of $50,000 70,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Intcomex, Inc.)

Closing Fee. (a) Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 30,000, less that portion of the commitment deposit fees aggregating fee of Thirty Thousand Dollars ($50,000 heretofore 30,000) previously paid by the Borrower to Agent remaining after application of such fee to out of pocket expenses. .

Appears in 1 contract

Samples: Security Agreement (Blonder Tongue Laboratories Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 121,163 less that portion of the commitment fee of $35,000 and the deposit fees aggregating fee of $50,000 35,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee fees to out of pocket expensesexpenses incurred by Agent.

Appears in 1 contract

Samples: Security Agreement (Waxman Industries Inc)

Closing Fee. Upon the execution of this Agreement, Borrower shall pay to Agent for the ratable benefit of Lenders a closing fee of Forty Thousand Dollars ($56,250 40,000) less that portion of the commitment deposit fees aggregating fee of Ten Thousand Dollars ($50,000 10,000) and the Deposit Fee of Forty Thousand Dollars ($40,000) heretofore paid by Borrower to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Subordination Agreement (Obsidian Enterprises Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 177,500.00 less that portion of the commitment fee of $75,000.00 and the deposit fees aggregating fee of $50,000 15,000.00 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Rheometric Scientific Inc)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 100,000 less that portion of the deposit fee of $30,000 and the commitment deposit fees aggregating fee of $50,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Security Agreement (Merisel Inc /De/)

Closing Fee. Upon the execution of this Agreement, Borrower Borrowers shall pay to Agent for the ratable benefit of Lenders a closing fee of $56,250 50,000 less that portion of the commitment deposit fees aggregating of $50,000 100,000 heretofore paid by Borrower Borrowers to Agent remaining after application of such fee to out of pocket expenses.

Appears in 1 contract

Samples: Credit and Security Agreement (Compudyne Corp)

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