Common use of Change in Fees or Interest Rates Clause in Contracts

Change in Fees or Interest Rates. If the Applicable Margin, Applicable Letter of Credit Fee Rate or Applicable Facility Fee Rate is increased or reduced with respect to any period for which the Borrower has already paid interest, the Facility Fee or the Letter of Credit Fee, the Agent shall recalculate the additional interest, Facility Fee or Letter of Credit Fee due from or to the Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent of such increase or decrease, give the Borrower and the Banks notice of such recalculation.

Change in Fees or Interest Rates. If the Applicable Margin, the Applicable Facility Fee Rate or the Applicable Letter of Credit Fee Rate or Applicable Facility Fee Rate is increased or reduced with respect to any period for which the Borrower has already paid interest, the Facility Fee Fees or the Letter of Credit FeeFees, the Agent shall recalculate the additional interest, Facility Fee Fees or Letter of Credit Fee Fees due from or to the Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent of such increase or decrease, give the Borrower and the Banks notice of such recalculation.

Change in Fees or Interest Rates. If the Applicable Margin, Applicable Letter of Credit Fee Rate or Applicable Facility Fee Rate is increased or reduced with respect to any period for which the Borrower has already paid interest, the Facility Fee Fee, or the Letter of Credit Fee, the Agent shall recalculate the additional interest, Facility Fee Fee, or Letter of Credit Fee due from or to the Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent of such increase or decrease, give the Borrower and the Banks notice of such recalculation.