Common use of Administrative Agent Fee Clause in Contracts

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.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (J M SMUCKER Co), Credit Agreement (J M SMUCKER Co), Term Loan Credit Agreement (J M SMUCKER Co)

AutoNDA by SimpleDocs

Administrative Agent Fee. The Borrower shall Company agrees to pay an annual administration fee to the Administrative Agent, for its own use and benefitaccount, the Term Facility Administration Fee (as defined in the amount set forth in the Administrative Agent's Fee Letter) on the Closing Date, and annually payable in advance on each anniversary of the Original Closing Date, so long as the Term Facility is in effect, or as may be otherwise agreed between the Borrower Date and the Administrative Agentquarterly thereafter.

Appears in 2 contracts

Samples: Credit Agreement (Formica Corp), Credit Agreement (Formica Corp)

Administrative Agent Fee. The On the Closing Date the Administrative Borrower shall pay pay, or cause to be paid, to the Administrative Agent, for its own use and benefit, the Term Facility Administration Fee (as defined fees set forth in the Agent 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.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

Administrative Agent Fee. The Borrower shall pay to the Administrative Agent, for its own use and benefit, the Term Bridge 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.

Appears in 1 contract

Samples: Credit Agreement (J M SMUCKER Co)

AutoNDA by SimpleDocs

Administrative Agent Fee. The On the Closing Date the Administrative Borrower shall pay pay, or cause to be paid, to the Administrative Agent, for its own use and benefit, the Term Facility Administration Fee (as defined agency fees set forth in the Administrative Agent 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 AgentAgreement.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.