Additional Commitment Fees. Borrower and Co-Borrower agree to pay to Lender on each date, if any, on which (i) additional Term A Loan commitments are made (or additional Term A Loans advanced) or Revolving Loan commitments are made, in each case after the Closing Date, an amount equal to 1.0% multiplied by the amount of each such post-Closing Date advance or commitment, and (ii) additional Term B Loan commitments are made (or additional Term A Loans advanced) after the Closing Date an amount equal to 2.0% multiplied by the amount of each such post-Closing Date advance or commitment.
Appears in 1 contract
Additional Commitment Fees. Borrower and Co-Borrower agree agrees to pay to Lender on each date, if any, on which (i) additional Term A Loan commitments are made (or additional Term i)Term A Loans advanced) or Revolving Loans are advanced or Revolving Loan commitments are made, in each case Commitments made after the Closing Date, Date an amount equal to 1.0% multiplied by the amount of each such post-Closing Date advance or commitment, and (ii) additional Term B Loan commitments Loans are made (or additional Term A Loans advanced) advanced after the Closing Date an amount equal to 2.0% multiplied by the amount of each such post-Closing Date advance or commitmentadvance.
Appears in 1 contract
Additional Commitment Fees. Borrower and Co-Borrower jointly and severally agree to pay to Lender on each date, if any, on which (i) additional Term A Loan commitments are made (or additional Term A Loans advanced) or additional Revolving Loan commitments are made, in each case after the Closing Date, an amount equal to 1.01.00% multiplied by the amount of each such post-Closing Date advance or commitment, and (ii) additional Term B Loan commitments are made (or additional Term A B Loans advanced) ), in each case, after the Closing Date an amount equal to 2.02% multiplied by the amount of each such post-Closing Date advance or commitment.
Appears in 1 contract
Samples: Credit Agreement (5.11 Abr Corp.)
Additional Commitment Fees. Borrower and Co-Borrower agree agrees to pay to Lender on each date, if any, on which (i) additional Term A Loan commitments are made (or additional Term A Loans advanced) or Revolving Loan commitments are made, in each case made after the Closing Date, Date an amount equal to 1.0% multiplied by the amount of each such post-Closing Date advance or commitment, and (ii) additional Term B Loan commitments are made (or additional Term A Loans advancedmade) after the Closing Date an amount equal to 2.0% multiplied by the amount of each such post-Closing Date advance or commitment.
Appears in 1 contract