Common use of Commitment Commission; Fees Clause in Contracts

Commitment Commission; Fees. (a) The Borrower agrees to pay the Administrative Agent for distribution to each Lender a commitment commission (the “Commitment Commission”) for the period from the Effective Date until the Availability Termination Date, computed at a rate for each day equal to 0.40% per annum on the daily average Unutilized Commitment of such Lender. Accrued Commitment Commission shall be due and payable quarterly in arrears on each Commitment Commission Payment Date and on the Availability Termination Date (or such earlier date upon which the unutilized Total Commitment is terminated). (b) The Borrower shall pay to the Administrative Agent, for the Administrative Agent’s own account, such other fees as have been agreed to in writing from time to time by the Borrower or any of its Subsidiaries and the Administrative Agent.

Commitment Commission; Fees. (a) The Borrower agrees to pay the Administrative Agent for distribution to each Lender a commitment commission (the “Commitment Commission”) for the period from the Effective Date until the Availability Termination Date, computed at a rate for each day equal to 0.401.25% per annum on the daily average Unutilized Commitment of such Lender. Accrued Commitment Commission shall be due and payable quarterly in arrears on each Commitment Commission Payment Date and on the Availability Termination Date (or such earlier date upon which the unutilized Total Commitment is terminated). (b) The Borrower shall pay to the Administrative Agent, for the Administrative Agent’s own account, such other fees as have been agreed to in writing from time to time by the Borrower or any of its Subsidiaries the Subsidiary Guarantors and the Administrative Agent.