Common use of Drawdown Fee Clause in Contracts

Drawdown Fee. On the date of the initial Revolving Loan borrowing, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders a fee of $2,000,000.

Appears in 2 contracts

Sources: Subordinated Credit Agreement (Rouse Properties, Inc.), Subordinated Credit Agreement (Rouse Properties, Inc.)