Unused Facility Fee. Borrower will pay the Unused Facility Fee on the last day of each calendar quarter; such fee will be non-refundable and fully earned when paid. Borrower hereby authorizes CNB to charge the Demand Deposit Account or Borrower’s Loan Account for the amount of each such fee.
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Samples: Credit and Security Agreement (RealD Inc.), Form of Credit Agreement (Highbury Financial Inc), Credit Agreement (Highbury Financial Inc)
Unused Facility Fee. Borrower will pay the Unused Facility Fee on the last day of each calendar quarter; such fee will be non-refundable and fully earned when paid. Borrower hereby authorizes CNB to charge the Borrower’s Demand Deposit Account or Borrower’s Loan Account for the amount of each such fee.
Appears in 1 contract
Samples: Credit and Security Agreement (Tier Technologies Inc)
Unused Facility Fee. Borrower will pay the Unused Facility Fee on the last day of each calendar quarter; such fee will be non-refundable and fully earned when paid. Borrower hereby authorizes CNB to charge the Borrower’s Demand Deposit Account or Borrower’s Loan Account for the amount of each such fee.
Appears in 1 contract
Samples: Credit and Security Agreement (Tier Technologies Inc)
Unused Facility Fee. Borrower will pay the Unused Facility Fee on the last day of each calendar quarter; such fee will be non-refundable and fully earned when paid. Borrower hereby authorizes CNB to charge the Demand Deposit Account or Borrower’s Loan Account for the amount of each such fee.”
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