Common use of Applicable Premium Clause in Contracts

Applicable Premium. Upon the occurrence of an Applicable Premium Trigger Event, the Borrowers shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares (solely in respect of the Term Loans), the Applicable Premium.

Appears in 1 contract

Sources: Financing Agreement (Mondee Holdings, Inc.)

Applicable Premium. Upon the occurrence of an Applicable Premium Trigger Event, the Borrowers shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares (solely in respect of the Term Loans)Shares, the Applicable Premium.

Appears in 1 contract

Sources: Credit Agreement (Farmer Brothers Co)