Commitment Fees, etc. (a) The Borrowers agree to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Initial Funding Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Commitment of such Lender during the period for which payment is made, payable monthly in arrears on each Fee Payment Date, commencing on the first such date to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof. (b) The Borrowers agree to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from and including the Initial Funding Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period. (c) The Borrowers agree to pay the fees in the amounts and on the dates set forth in the Fee Letters and to perform any other obligations contained therein.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Commitment Period, computed at the Revolving Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Delayed Draw Term Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Delayed Draw Commitment Termination Date, computed at the applicable Delayed Draw Commitment Fee Rate on the average daily amount of the available Delayed Draw Term Commitment of such fee due and Delayed Draw Term Lender during the period for which payment is made, payable quarterly in arrears on the third anniversary last day of each March, June, September and December and on the Initial Funding Date shall be pro-rated for Delayed Draw Commitment Termination Date, commencing on the actual number first of days in such perioddates to occur after the date hereof.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Delayed Draw Term Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to the last day of the Delayed Draw Term Commitment Period, computed at the Delayed Draw Term Commitment Fee Rate on the average daily amount of the unfunded Delayed Draw Term Commitment of such Delayed Draw Term Lender during the period for which the Revolving Commitment payment is terminatedmade, payable annually quarterly in advance arrears on the Initial Funding Date last day of March 2007, June 2007, September 2007, December 2007, March 2008 and June 2008 and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Delayed Draw Term Commitment Termination Date, commencing on the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such periodClosing Date.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent (for itself and for the account of the Joint Lead Arrangers and the Syndication Agent) the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters and to perform any other obligations contained thereinBorrower, the Administrative Agent, the Syndication Agent and/or each Joint Lead Arranger, as the case may be.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the --------------------- Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Credit Commitment and the Supplemental Term Commitment (without giving effect to any Swing Line Loans which are then outstanding) of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment DateMarch, June, September and December and on the Scheduled Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent Agent, for its own account the ratable accounts of the Tranche A Term Loan Lenders, a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to October 27, 1998, computed at the day Commitment Fee Rate on the amount by which the Revolving average daily Delayed Draw Commitment during the period for which payment is terminated, due exceeds the average daily principal amount (without giving effect to any prepayments or repayments thereof) during such period of all Tranche A Term Loans made after the Closing Date. Such commitment fee shall be payable annually quarterly in advance arrears on the Initial Funding Date last day of each March, June, September and December and on each anniversary of October 27, 1998, commencing on the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such perioddate hereof.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Details Inc)
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Working Capital Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Working Capital Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Working Capital Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears at the rates set forth in the Pricing Grid on each Annex A; PROVIDED, HOWEVER, that if the applicable Commitment Fee Payment DateRate changes during such period for which payment is made, commencing on the first such date to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect calculated by applying the applicable Commitment Fee Rate to any Revolving the average daily amount of the Available Working Capital Commitment during the portion of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereofsuch period during which such Commitment Fee Rate was in effect.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each 364-Day Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to the last day of the 364-Day Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available 364-Day Commitment of such Lender during the period for which the Revolving Commitment payment is terminatedmade, payable annually quarterly in advance arrears at the rates set forth in the Pricing Grid on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafterAnnex A; provided, however, that if the applicable Commitment Fee Rate changes during such period for which payment is made, the period between commitment fee shall be calculated by applying the third anniversary applicable Commitment Fee Rate to the average daily amount of the Initial Funding Date and Available 364-Day Commitment during the Revolving Commitment Termination Date, the amount portion of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days period during which such Commitment Fee Rate was in such periodeffect.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Department 56 Inc)
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Initial Funding Original Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Date, commencing on the first of such dates to occur after the Original Closing Date.
(b) The Borrower agrees to pay to the Administrative Agent for the account of each Term Lender having an unfunded Additional Term Loan Commitment, a commitment fee for the period from and including the First Amendment Effective Date to the Delayed Draw Availability Expiration Date, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment and the Supplemental Additional Term Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December, and on the Delayed Draw Availability Expiration Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from and including the Initial Funding Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination First Amendment Effective Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period.
(c) The Borrowers agree Borrower agrees to pay to the Agents the fees in the amounts and on the dates set forth agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Delayed Draw Term Loan Lender a commitment fee for the period from and including the Closing Date to the Delayed Draw Term Loan Commitment Termination Date, computed at the Commitment Fee Rate on the average daily amount of the Available Delayed Draw Term Loan Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Delayed Draw Term Loan Commitment Termination Date, commencing on the first of such dates to occur after the date hereof.
(b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from and including the Initial Funding Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period.
(c) The Borrowers agree Borrower agrees to pay to the Syndication Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Borrower and the Syndication Agent.
(d) The Borrower agrees to pay to the Administrative Agent the fees in the Fee Letters amounts and on the dates from time to perform any other obligations contained thereintime agreed to in writing by the Borrower and the Administrative Agent.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Primary Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Primary Borrower agrees to pay to the Administrative Agent on the Closing Date for its own the account of each Revolving Credit Lender and Tranche A Term Loan Lender, a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Date date of this Agreement to the day on which the Revolving Commitment is terminatedClosing Date, payable annually in advance calculated on the Initial Funding Date aggregate amount of such Lender's Revolving Credit Commitment and on each anniversary of the Initial Funding Date thereafter; provided, that Tranche A Term Loan Commitment at a rate per annum equal to (i) for the period between from the third anniversary date of this Agreement to April 13, 2001, .375% and (ii) from and after April 13, 2001, the Initial Funding Date and Applicable Margin for Eurodollar Loans under the Revolving Commitment Termination Date, the amount of such fee due Credit Facility and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such periodTranche A Term Loan Facility.
(c) The Borrowers agree Primary Borrower agrees to pay to the Administrative Agent on the Closing Date for the account of each Tranche B Term Loan Lender, a commitment fee for the period from the date of this Agreement to the Closing Date, calculated on the aggregate amount of such Lender's Tranche B Term Loan Commitment at a rate per annum equal to (i) for the period from the date of this Agreement to April 13, 2001, .375% and (ii) from and after April 13, 2001, the Applicable Margin for Eurodollar Loans under the Tranche B Term Loan Facility.
(d) The Primary Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth from time to time agreed to in writing by the Primary Borrower and the Administrative Agent.
(e) The Primary Borrower agrees to pay to the Arranger the fees in the Fee Letters amounts and on the dates from time to perform any other obligations contained thereintime agreed to in writing by the Primary Borrower and the Arranger.
Appears in 1 contract
Sources: Credit Agreement (White Mountains Insurance Group LTD)
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender (other than any Defaulting Lender) a commitment fee for the period from and including the Initial Funding Closing Date to but excluding the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof.
(b) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent including, without limitation, pursuant to the Fee Letter.
(c) The Borrower agrees to pay to the Administrative Agent for the account of each Lender holding a Delayed Draw Term Commitment a commitment fee for the period from and including the Closing Date to the Delayed Draw Termination Date, computed at the Delayed Draw Commitment Fee Rate on the average daily amount of the Available Revolving Commitment and undrawn portion of the Supplemental Delayed Draw Term Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment DateMarch, commencing on the first such date to occur after the date hereofJune, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from September and including the Initial Funding Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period.
(c) The Borrowers agree to pay the fees in the amounts December and on the dates set forth in the Fee Letters and to perform any other obligations contained thereinDelayed Draw Termination Date.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof. For purposes of calculating commitment fees under this subsection 2.6(a) only, provided that no commitment fee portion of the Revolving Credit Commitments shall be earned or payable with respect to any Revolving Commitment deemed utilized as a result of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereofoutstanding Swingline Loans.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Committed Term Loan Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Delayed Termination Date, computed at the Commitment Fee Rate on the average daily amount of the Delayed Term Loan Commitment of such fee due and Lender during the period for which payment is made, payable quarterly in arrears on the third anniversary last day of each March, June, September and December and on the Initial Funding Date shall be pro-rated for Delayed Termination Date, commencing on the actual number first of days in such perioddates to occur after the date hereof.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth in the Fee Letters Letter dated July 1, 1998, in writing among the Borrower, the Administrative Agent, the Documentation Agent, the Syndication Agent and to perform any other obligations contained therein.Chase Securities Inc.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Revolving Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Date date hereof to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate applicable to the Revolving Credit Commitments, on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Tranche B Term Loan Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Date date hereof to the day on which Tranche B Term Loan Commitment Expiration Date computed at the Revolving Commitment is terminatedFee Rate applicable to Tranche B Term Loan Commitments, payable annually in advance on the Initial Funding Date and on each anniversary product of (i) the daily average amount of the Initial Funding Date thereafter; provided, that for Tranche B Term Loan Commitment of such Lender during the period between for which payment is made and (ii) the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period. Such commitment fee will be payable in arrears on each Funding Date, the Tranche B Term Loan Commitment Expiration Date and, if the Tranche B Term Loan Commitment Expiration Date is after September 30, 2005, on September 30, 2005.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent on the Tranche B Term Loan Commitment Expiration Date, for the account of each Tranche B Term Loan Lender in accordance with its Tranche B Term Loan Percentage, a fee equal to 0.50% applied to the difference between (a) $400,000,000 and (b) the aggregate amount of Tranche B Term Loans funded on or before the Tranche B Term Loan Commitment Expiration Date.
(d) The Borrower agrees to pay to the Arranger the fees in the amounts and on the dates set forth previously agreed to in writing by the Borrower and the Arranger.
(e) The Borrower agrees to pay to each Agent the fees in the Fee Letters amounts and on the dates from time to perform any other obligations contained thereintime agreed to in writing by the Borrower and such Agent.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Primary Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Amendment and Restatement Effective Date to the last day of the Revolving Facilities Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Facilities Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Primary Borrower agrees to pay to the Administrative Agent for its own the account of each Multicurrency Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Amendment and Restatement Effective Date to the last day on which of the Revolving Facilities Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Multicurrency Commitment of such Lender during the period for which payment is terminatedmade, payable annually quarterly in advance arrears on the Initial Funding Date last day of each March, June, September and December and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Facilities Termination Date, commencing on the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such perioddate hereof.
(c) The Borrowers agree Primary Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth from time to time agreed to in writing by the Fee Letters Primary Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Six Flags, Inc.)
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Seven-Year Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Seven-Year Revolving Credit Commitment Period, computed at a rate per annum, determined in accordance with the Commitment Fee Rate on pricing grid attached hereto as Annex B, based upon the average daily amount Utilization Percentage of the sum of the Available Seven-Year Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Seven-Year Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each 364-Day Revolving Credit Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to the last day on of the 364-Day Revolving Credit Commitment Period, computed at a rate per annum, determined in accordance with the pricing grid attached hereto as Annex B, based upon the Utilization Percentage of the 364-Day Revolving Credit Commitment of such Lender during the period for which the Revolving Commitment payment is terminatedmade, payable annually quarterly in advance arrears on the Initial Funding Date last day of each March, June, September and December and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the 364-Day Revolving Commitment Credit Termination Date, commencing on the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such perioddate hereof.
(c) The Borrowers agree Borrower agrees to pay to the Syndication Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Borrower and the Syndication Agent.
(d) The Borrower agrees to pay to the Administrative Agent the fees in the Fee Letters amounts and on the dates from time to perform any other obligations contained thereintime agreed to in writing by the Borrower and the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Cumulus Media Inc)
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the applicable Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the first day of each Fee Payment April, July, October and January and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Tranche A Term Loan Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to the last day of the Tranche A Term Loan Commitment Period, computed at the applicable Commitment Fee Rate on the average daily amount of the undrawn Tranche A Term Loan Commitment of such Lender during the period for which payment is made, payable on the earlier of (i) the last day of the Tranche A Term Loan Commitment Period and (ii) the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such periodTranche A Term Loans are fully drawn.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Delayed Draw Term Loan Lender a commitment fee for the period from and including the Closing Date to the last day of the Delayed Draw Term Loan Commitment Period, computed at the applicable Commitment Fee Rate on the average daily amount of the undrawn Delayed Draw Term Loan Commitment of such Lender during the period for which payment is made, payable on the earlier of (i) the last day of the Delayed Draw Term Loan Commitment Period and (ii) the day on which the Delayed Draw Term Loans are fully drawn.
(d) The Borrower agrees to pay to the Syndication Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Borrower and the Syndication Agent.
(e) The Borrower agrees to pay to the Administrative Agent the fees in the Fee Letters amounts and on the dates from time to perform any other obligations contained thereintime agreed to in writing by the Borrower and the Administrative Agent.
(f) The Borrower agrees to pay to the Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Arranger.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Initial Funding Restatement Effective Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Delayed-Draw Term Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Restatement Effective Date to the day date on which the Revolving Commitment is Delayed-Draw Term Commitments have been fully utilized or terminated, payable annually in advance computed at the Commitment Fee Rate on the Initial Funding Date average daily amount of the Available Delayed-Draw Term Commitments of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on each anniversary of the Initial Funding Date thereafter; provideddate on which the Delayed-Draw Term Commitments have been fully utilized or terminated, that for commencing on the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such perioddate hereof.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee in Dollars for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Acquisition Term Loan Lender a revolving credit administration commitment fee of $50,000 in Dollars for the period from and including the Initial Funding Closing Date to the last day of the Acquisition Term Loan Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Acquisition Term Loan Commitment of such Lender during the period for which the Revolving Commitment payment is terminatedmade, payable annually quarterly in advance arrears on the Initial Funding Date last day of each March, June, September and December and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Acquisition Term Loan Termination Date, commencing on the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such perioddate hereof.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters Borrower and the Administrative Agent.
(d) For purposes of calculating the commitment fee pursuant to perform this subsection, the Dollar Equivalent of any other obligations contained thereinEurocurrency Loan shall be deemed to be calculated on the basis of the Exchange Rate utilized in calculating the Dollar Equivalent thereof on the date such Eurocurrency Loan shall originally have been made until such Eurocurrency Loan is continued as such in accordance with subsection 2.12, after which time, until such Eurocurrency Loan shall be continued again, the Dollar Equivalent of such Eurocurrency Loan shall be deemed to be calculated on the basis of the Exchange Rate utilized in calculating the Dollar Equivalent thereof on the date of such continuation.
Appears in 1 contract
Sources: Credit Agreement (Ifco Systems Nv)
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the --------------------- Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Credit Commitment and the Supplemental Term Commitment (without giving effect to any Swing Line Loans which are then outstanding) of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment DateMarch, June, September and December and on the Scheduled Revolving Credit Termination Date or such earlier date on which the Revolving Credit Commitments shall terminate as provided herein, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Acquisition Term Loan Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to October 27, 1998, computed at the day Commitment Fee Rate on the amount by which the Revolving average daily Acquisition Term Loan Commitment of such Lender during the period for which payment is terminated, due exceeds the average daily principal amount (without giving effect to any prepayments or repayments thereof) during such period of all Acquisition Term Loans made by such Lender. Such commitment fee shall be payable annually quarterly in advance arrears on the Initial Funding Date last day of each March, June, September and December and on each anniversary of October 27, 1998, commencing on the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such perioddate hereof.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Details Inc)
Commitment Fees, etc. (a) The Borrowers agree to pay to -------------------- the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Parent Borrower agrees to pay to the Administrative Agent for the account of each French Term Lender a commitment fee from and including the Initial Closing Date to the French Closing Date, computed at the Commitment Fee Rate on the French Term Commitment of such Lender, payable quarterly in arrears on the last day of each June and September, commencing on the first of such dates to occur after the date hereof.
(c) The Parent Borrower agrees to pay to the Administrative Agent for the account of each Thai Term Lender a commitment fee from and including the Initial Closing Date to the Thai Closing Date, computed at the Commitment Fee Rate on the Thai Term Commitment of such Lender, payable quarterly in arrears on the last day of each March, June, September and December, commencing on the first of such dates to occur after the date hereof.
(d) The Borrowers agree to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from and including the Initial Funding Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period.
(c) The Borrowers agree to pay the fees in the amounts and on the dates set forth previously agreed to in writing by the Fee Letters Parent Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender Credit Lender, a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from and including the Initial Funding Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period.
(c) The Borrowers agree to pay the fees in the amounts and on the dates set forth from time to time agreed to in writing by the Fee Letters Borrower and the Administrative Agent.
(c) The Borrower agrees to perform pay to the Administrative Agent for the account of the Lenders a restructuring fee in an amount equal to one-half of one percent (0.50%) of the Total Revolving Credit Commitments, the Tranche A Term Loan Commitments and the Tranche B Term Loan Commitments on the Closing Date before giving effect to the initial borrowings hereunder (the "Original Facility Amount"), payable on the Closing Date.
(d) The Borrower agrees to pay to the Administrative Agent for the account of the Lenders an additional restructuring fee in an amount equal to one-half of one percent (0.50%) of the Original Facility Amount, payable on the earlier of the date on which the Borrower or any other obligations contained thereinSubsidiary receives Net Cash Proceeds of the issuance of its Capital Stock and the date that is one year after the effective date of the Plan of Reorganization.
Appears in 1 contract
Sources: Restructuring Credit Agreement (Imperial Sugar Co /New/)
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Initial Funding Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Revolving Loan Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own the account of each Term Loan Lender a revolving credit administration commitment fee of $50,000 for the period from and including the Initial Funding Closing Date to the last day of the Term Loan Commitment Period, computed at the Term Loan Commitment Fee Rate on the average daily amount of the Available Term Loan Commitment of such Lender during the period for which the Revolving Commitment payment is terminatedmade, payable annually quarterly in advance arrears on the Initial Funding Date last day of each March, June, September and December and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Term Loan Maturity Date, commencing on the amount first of such fee due and payable on dates to occur after the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such perioddate hereof.
(c) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of the Issuing Lender a commitment fee for the period from and including the Closing Date to the last day of the L/C Commitment Period, computed at the Revolving Loan Commitment Fee Rate on the average daily amount of the Available L/C Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the L/C Termination Date, commencing on the first of such dates to occur after the date hereof.
(d) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates set forth from time to time agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree Borrower agrees to pay to the Administrative Agent for the account of each Delayed-Draw Term Loan Lender, each Revolving Credit Lender and each Incremental Lender with an Incremental Revolving Loan Amount a commitment fee for the period from and including the Initial Funding Effective Date or the date of the Incremental Revolving Loan Activation Notice with respect thereto to the last day of the Revolving Delayed-Draw Commitment Period, the Revolving Credit Commitment Period or the commitment period with respect thereto, computed at the Commitment Fee Rate on the average daily amount of the sum of unused Delayed-Draw Term Loan Commitment or the Available Revolving Commitment and the Supplemental Term Credit Commitment of such Delayed-Draw Term Loan Lender or Revolving Credit Lender, as the case may be, or of the unused Incremental Revolving Loan Amount, as the case may be, during the period for which payment is made, payable monthly quarterly in arrears on each Fee Payment Date, commencing on the first such date Fee Payment Date to occur after the Effective Date or the date hereofof the Incremental Revolving Loan Activation Notice, provided that as the case may be. For purposes of calculating commitment fees under this subsection 2.6(a) only, no commitment fee portion of the Revolving Credit Commitments shall be earned or payable with respect to any Revolving Commitment deemed utilized as a result of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereofoutstanding Swingline Loans (other than Refunded Swingline Loans).
(b) The Borrowers agree Borrower agrees to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from and including the Initial Funding Date to the day on which the Revolving Commitment is terminated, payable annually in advance on the Initial Funding Date and on each anniversary of the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such period.
(c) The Borrowers agree to pay Joint Lead Arrangers the fees in the amounts and on the dates set forth agreed to in writing by the Fee Letters Borrower and to perform any other obligations contained thereinthe Administrative Agent and Joint Lead Arrangers.
Appears in 1 contract
Commitment Fees, etc. (a) The Borrowers agree US Borrower agrees to pay (x) to the Administrative Agent for the account of each Revolving US Dollar RCF Lender a commitment fee for the period from and including the Initial Funding Date date hereof to the last day of the Revolving US Dollar RCF Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the sum of the Available Revolving Commitment and the Supplemental Term US Dollar RCF Commitment of such Lender during the period for which payment is made, payable monthly quarterly in arrears on the last day of each Fee Payment March, June, September and December and on the US Dollar RCF Termination Date, commencing on the first of such date dates to occur after the date hereof, provided that no hereof and (y) to the US Dual Currency RCF Agent for the account of each Dual Currency RCF Lender a commitment fee shall be earned or payable with respect to any Revolving Commitment of Oak Hill Capital Partners, L.P., or any Control Investment Affiliate thereof.
(b) The Borrowers agree to pay to the Administrative Agent for its own account a revolving credit administration fee of $50,000 for the period from and including the Initial Funding date hereof to the last day of the Dual Currency RCF Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Dual Currency RCF Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Dual Currency RCF Termination Date, commencing on the first of such dates to occur after the date hereof.
(b) The US Borrower agrees to pay on the Closing Date to the day on which Arrangers the Revolving Commitment is terminated, payable annually facilities fees in advance the amounts and on the Initial Funding Date and on each anniversary of dates previously agreed to in writing by the Initial Funding Date thereafter; provided, that for the period between the third anniversary of the Initial Funding Date US Borrower and the Revolving Commitment Termination Date, the amount of such fee due and payable on the third anniversary of the Initial Funding Date shall be pro-rated for the actual number of days in such periodArrangers.
(c) The Borrowers agree US Borrower agrees to pay to the Administrative Agent and the US Dual Currency RCF Agent the agency fees in the amounts and on the dates from time to time agreed to in writing by the US Borrower and the Administrative Agent or the US Dual Currency RCF Agent, as the case may be.
(d) The Canadian Borrower agrees to pay to the Canadian Agent the fees in the amounts and on the dates set forth from time to time agreed to in writing by the Fee Letters Canadian Borrower and to perform any other obligations contained thereinthe Canadian Agent.
Appears in 1 contract
Sources: Credit Agreement (LKQ Corp)