Common use of Commitment Fees, Other Fees Clause in Contracts

Commitment Fees, Other Fees. (a) The Company agrees to pay to the Administrative Agent, for the account of the Lenders, a commitment fee from and including the Closing Date in the amount equal to the Commitment Fee Rate times the average daily Available Commitment, in each case during the period for which such fee is payable. Such commitment fee shall be payable in arrears on the last day of each March, June, September and December and (iii) the Termination Date. (b) The Company agrees to pay to Chase Securities Inc. and The Chase Manhattan Bank, in each case for its own account the fees set forth in the Fee Letter dated September 30, 1997 between the Company, Chase Securities Inc. and The Chase Manhattan Bank on the dates and in the amounts set forth in such Fee Letter.

Appears in 1 contract

Sources: Credit Agreement (M & F Worldwide Corp)

Commitment Fees, Other Fees. (a) The Company agrees to pay to the Administrative Agent, for the account of the Lenders, a commitment fee from and including the Closing Date in the amount equal to the Commitment Fee Rate times the average daily Available Commitment, in each case during the period for which such fee is payable. Such commitment fee shall be payable in arrears on the last day of each March, June, September and December and (iii) the Termination Date. (b) The Company agrees to pay to Chase Securities Inc. and The Chase Manhattan Bank, in each case for its own account the fees set forth in the Fee Letter dated September 30January 29, 1997 1998 between the Company, Chase Securities Inc. and The Chase Manhattan Bank on the dates and in the amounts set forth in such Fee Letter.

Appears in 1 contract

Sources: Credit Agreement (Consolidated Cigar Holdings Inc)