SEC Filings Section 16 Filings Only
 
PFSWEB INC filed this 10-Q on 05/15/2006.
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FINANCE CHARGES (2)
    
 
    
Base Rate (3)
  EURIBOR
 
    
Discount Charge  (5)
  Base Rate plus 1.5.%
 
    
Default Rate
  Base Rate plus 7%
 
    
Shortfall Fee
  0.30% of Shortfall Amount
 
    
Banking Transfer Charge
  Nil
 
    
Service Fee per Notification
  N/A
 
    
Monthly Service Fee, Set up Fee
  €1,500 plus VAT per month
 
    
Survey Fee
  €5,000 plus VAT per IBM GF
survey
 
    
Security Filing Fee
  Any fees required as a result of Uniform Commercial Code filings in US in connection with Collateralised Guarantees granted by SDI, Holdings and PFS
 
    
Unused Line Fee
  Equal to thirty seven and one half (37.5) basis points times the weekly average unused portion of the Credit Line, accruable from the closing date and computed on the basis of a 360-day year, payable quarterly in arrears and upon the maturity or termination of the Credit Line
 
    
Extended Credit Charge
  Base Rate plus 1.5%
     
REPORTING
    
 
    
Audited Accounts (4)
  90 days after fiscal year
 
    
Management (unaudited)
Accounts
  35 days after fiscal calendar quarter
 
    
Collateral Management
Report
  10 days after calendar month
 
    
Aged Creditor Report
  10 days after calendar month
 
    
Stock Report
  10 days after calendar month
 
    
Fixed Asset Register
  10 days after calendar month
 
    
Surveys
  A maximum of 4 times per year and not more than one per quarter
 
    
Financial Covenant Compliance Certificate from both SDSA and Holdings
  45 days after fiscal period
 
    
Extended Credit Period
  in 10 day increments up to 30 days

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