Common use of Conversion Fee Clause in Contracts

Conversion Fee. On the Conversion Date, Borrower shall pay to the Agent for the account of each Lender then a party to this Agreement ratably a conversion fee equal to 0.50% of the original balance of the Term Loan as of the Conversion Date.

Appears in 2 contracts

Samples: Credit Agreement (Apartment Investment & Management Co), Credit Agreement (Apartment Investment & Management Co)

AutoNDA by SimpleDocs

Conversion Fee. On the Conversion Date, Borrower the Company shall pay to the Agent for the account of each Lender then a party to this Agreement ratably a conversion fee equal to 0.50% of the original balance of the Term Loan as of the Conversion Date.

Appears in 1 contract

Samples: Credit Agreement (Apartment Investment & Management Co)

AutoNDA by SimpleDocs

Conversion Fee. On the Conversion Date, Borrower the Company shall pay to the Agent for the account of each Lender Bank then a party to this Agreement ratably a conversion fee equal to 0.50% of the original balance of the Term Loan as of the Conversion Date.

Appears in 1 contract

Samples: Credit Agreement (Apartment Investment & Management Co)

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