Administrative Agent Fee Clause Samples
The Administrative Agent Fee clause defines the compensation that the administrative agent receives for its services in managing and coordinating the loan or credit facility. Typically, this fee is paid by the borrower to the agent on a periodic basis, such as annually or quarterly, and may be a fixed amount or calculated as a percentage of the loan commitment. The core function of this clause is to ensure that the administrative agent is properly compensated for its role in overseeing the administration of the loan, thereby facilitating smooth operation and management of the lending arrangement.
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Administrative Agent Fee. The Borrower agrees to pay to the Administrative Agent, for its own account, the fees set forth in the Agency Fee Letter and such other fees payable in the amounts and at the times separately agreed upon between the Borrower and the Administrative Agent.
Administrative Agent Fee. The Borrower agrees to pay the fees to the Administrative Agent as set forth in the Fee Letter.
Administrative Agent Fee. The Borrower shall pay to the Administrative Agent, for its own use and benefit, the Term Facility Administration Fee (as defined in the Fee Letter) on the Closing Date, and annually in advance on each anniversary of the Closing Date, so long as the Term Facility is in effect, or as may be otherwise agreed between the Borrower and the Administrative Agent.
Administrative Agent Fee. Borrower agrees to pay to ------------------------ Administrative Agent on the date hereof and on each anniversary of the date hereof the administrative fee described in that certain letter dated January 13, 1999 from Bank of America and NationsBanc ▇▇▇▇▇▇▇▇▇▇ Securities LLC to Borrower, as the same may be amended from time to time.
Administrative Agent Fee. The Borrower shall pay to the Administrative Agent, for its own account, an annual administrative agent fee equal to $50,000, which fee shall be earned by, and LEGAL_US_E # 171984019.2 payable to the Administrative Agent, quarterly in advance on the Closing Date and, thereafter, quarterly in advance on each three-month anniversary of the Closing Date for so long as any Obligation hereunder (other than contingent indemnification obligations as to which no claim has been asserted) shall not be Fully Satisfied.
Administrative Agent Fee. The Administrative Agent and any Successor Agent shall be entitled to such fees as agreed upon between Borrower and the Administrative Agent for acting as the Administrative Agent.
Administrative Agent Fee. The Administrative Agent Fee of ONE-HUNDRED THOUSAND DOLLARS ($100,000.00), which shall be paid at closing out of proceeds of the Term Loan for the account of Collateral Agent.
Administrative Agent Fee. This term shall have the meaning set forth in the Fee Letter.
Administrative Agent Fee. On the Closing Date and on the first Payment Date occurring in each calendar quarter thereafter, Borrower shall pay the Administrative Agent the sum of $50,000.00 in respect of the Administrative Agent Fee.
Administrative Agent Fee. For administration and other services performed by the Administrative Agent in connection with its continuing administration of this Agreement, the Borrowers, jointly and severally, shall pay to the Administrative Agent, for its own account, and not for the account of the Lenders, an annual fee in accordance with the provisions of a separate letter agreement between the Borrowers and the Administrative Agent.