Common use of Calculation and Payment of Fees Clause in Contracts

Calculation and Payment of Fees. All fees shall be calculated on ------------------------------- the basis of the actual number of days elapsed in a 360-day year. All fees shall be payable in addition to, and not in lieu of, interest, compensation, expense reimbursements, indemnification and other Obligations. Fees shall be payable to the Administrative Agent at its office in New York, New York in immediately available funds. All fees shall be fully earned and nonrefundable when paid. All fees due to any other Lender, including, without limitation, those referred to in this Section 5.3, shall bear interest, if not paid when due, at the interest ----------- rate specified in Section 5.1(d) and shall constitute Obligations. --------------

Appears in 2 contracts

Samples: Credit Agreement (Simon Property Group L P /De/), Credit Agreement (Simon Property Group L P /De/)

AutoNDA by SimpleDocs

Calculation and Payment of Fees. All fees shall be calculated ------------------------------- on ------------------------------- the basis of the actual number of days elapsed in a 360-day year. All fees shall be payable in addition to, and not in lieu of, interest, compensation, expense reimbursements, indemnification and other Obligations. Fees shall be payable to the Administrative Agent at its office in New York, New York in immediately available fundsfunds unless otherwise set forth herein. All fees shall be fully earned and nonrefundable when paid. All fees due to any Arranger or any other Lender, including, without limitation, those referred to in this Section 5.3, shall bear interest, if not paid when due, ----------- at the interest ----------- rate specified in Section 5.1(d) and shall constitute -------------- Obligations. --------------.

Appears in 1 contract

Samples: Credit Agreement (Reckson Associates Realty Corp)

AutoNDA by SimpleDocs

Calculation and Payment of Fees. All fees shall be ------------------------------- calculated on ------------------------------- the basis of the actual number of days elapsed in a 360-day year. All fees shall be payable in addition to, and not in lieu of, interest, compensation, expense reimbursements, indemnification and other Obligations. Fees shall be payable to the Administrative Agent at its office in New York, New York in immediately available fundsfunds unless otherwise set forth herein. All fees shall be fully earned and nonrefundable when paid. All fees due to any Arranger or any other Lender, including, without limitation, those referred to in this Section 5.3, shall bear interest, if ----------- not paid when due, at the interest ----------- rate specified in Section 5.1(d) and shall -------------- constitute Obligations. --------------.

Appears in 1 contract

Samples: Credit Agreement (Reckson Associates Realty Corp)

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