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. The Borrower agrees to pay to ------------------------ the Administrative Agent on the date hereof and on each anniversary of the date hereof the administrative fee described in that certain letter dated February 11, 1998 from NationsBank and NationsBanc ▇▇▇▇▇▇▇▇▇▇ Securities LLC to the 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 administrative agent's fee of $200,000 per annum, payable in advance in monthly installments with the first installment due on the Closing Date (pro-rated for the remainder of the month in which such date falls) and future installments payable on the last Domestic Business Day of each calendar month thereafter (for the next succeeding month).
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 FIFTY THOUSAND DOLLARS ($50,000.00, which shall be paid at closing out of proceeds of the Term Loan for the account of Collateral Agent.
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. This term shall have the meaning set forth in the Fee Letter.
Administrative Agent Fee. The Borrower shall pay to the Administrative Agent on April 22, 1998, a fee in the amount of $21,000 for the period through September 30, 1998, and in the amount of $3,500 per month thereafter, payable in advance on the first Business Day of each month commencing on October 1, 1998, and all other normal and customary fees and expenses of the Administrative Agent in connection with the performance of its duties hereunder.