Collateral Monitoring Fees. Company shall pay Xxxxx Fargo a fee rates established from time to time by Xxxxx Fargo as its Collateral monitoring fees (which fees include an initial fee of $2,000 and monthly fees which are currently $600 per month), due and payable monthly in advance on the first day of the month and on the Termination Date.
Collateral Monitoring Fees. The Borrowers jointly and severally agree to pay the Lender a monthly collateral monitoring fee of $500 per month. Such fee shall be payable and charged to the Borrowers’ accounts on the first day of each month with respect to the prior month.
Collateral Monitoring Fees. So long as no Event of Default has occurred and is continuing, Borrower shall pay to Lender a monthly collateral monitoring fee of Two Hundred Fifty Dollars ($250) (the “Collateral Monitoring Fee”). The monthly Collateral Monitoring Fee shall be paid in arrears on the first Banking Day of each month until all of the Obligations have been paid in full in money and the Commitment has been terminated. Borrower hereby authorized Lender to make an Advance, subject to Availability, in an amount equal to the Collateral Monitoring Fee then due and payable and apply the same to the Collateral Monitoring Fee due.
Collateral Monitoring Fees. On the execution date hereof and on the first day of each month thereafter during the term hereof, a collateral monitoring fee in the amount of Two Thousand ($2,000) Dollars.
Collateral Monitoring Fees. Borrower shall pay to Bank, within 15 days after written demand, collateral monitoring fees in connection with any audits or inspections conducted by or on behalf of Bank of any Collateral or Borrower’s operations or business at the rates established from time to time by Bank as its audit fees, together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection. Such collateral monitoring fees plus the collateral monitoring fees due under Section 2.6(b) of the Apio Loan Agreement shall not exceed $1,200 per month unless a Default Period is continuing.
Collateral Monitoring Fees. Borrower shall pay to Bank, within 15 days after written demand, collateral monitoring fees, at the rates established from time to time by Bank as its audit fees, in connection with any audits or inspections conducted at any time after the Borrowing Base Trigger Date by or on behalf of Bank of any Collateral or Borrower’s operations or business, including, without limitation, audits and inspections conducted by or on behalf of Bank as part of its normal monthly collateral monitoring process as have been conducted by Bank with respect to the Collateral since the Original Closing Date, together with all actual out-of-pocket costs and expenses incurred in conducting any such audit or inspection. Such collateral monitoring fees shall not exceed $1,200 per month unless a Default Period is continuing.
Collateral Monitoring Fees. On the execution date hereof and on the first day of each month thereafter, a collateral monitoring fee in the amount of Three Thousand Five Hundred ($3,500) Dollars for loans under the Standard Line, and shall also pay to Lender on the first day of each month an additional fee of Five Thousand ($5,000) Dollars if there were any outstanding loans under the Special Subline for the previous month; provided, however, that the first collateral monitoring fee payable hereunder shall be prorated in accordance with the number of days remaining in such month. In any instance where reporting as outlined in Article 9 is received by Lender beyond the period set forth therein, Borrower shall pay, in addition to the then payable portion of the collateral monitoring fee for the then subject month, an additional fee equal to the usual amount payable. In the event of two (2) consecutive months of late or incomplete reporting, the collateral monitoring fee shall increase permanently thereafter by Five Thousand ($5,000) Dollars per month plus twice the usual amount payable until such time as the Borrower demonstrates two (2) consecutive months of timely and complete reporting.
Collateral Monitoring Fees. So long as no Event of Default has occurred and is continuing, Borrower shall pay to Lender a monthly collateral monitoring fee of Two Hundred Fifty Dollars ($250) (the "Collateral Monitoring Fees"). The monthly collateral Monitoring Fee shall be paid in arrears commencing on the first Banking Day of the month immediately following execution of this Agreement and continuing on the first Banking Day of each month thereafter until all of the Obligations have been paid in full in money and the Commitment has been terminated pursuant to SECTIONS 2.10, 2.12 or 8.1. Borrower hereby authorizes Lender to make an Advance, subject to Availability, in an amount equal to the Collateral Monitoring Fees then due and payable and apply the same to the Collateral Monitoring Fees due.
Collateral Monitoring Fees. On the execution date hereof and on the first day of each month thereafter, a collateral monitoring fee in the amount of Three Thousand Five Hundred ($3,500) Dollars for all loans, or in the alternative, Five Thousand ($5,000) Dollars if there were any outstanding loans under the Seasonal Advance Rate for the previous month; provided, however, that the first collateral monitoring fee payable hereunder shall be prorated in accordance with the number of days remaining in such month."
Collateral Monitoring Fees. The Borrowers shall pay to the Lender collateral monitoring fees with respect to the processing and analyzing of the Borrowers' accounts receivable and inventory reports (which fees are currently $870 per month per each Borrower's reports).
