Duration Fee. The Borrower shall pay to the Agent on each of the dates set forth below for the accounts of the Lenders, ratably in proportion to their outstanding Loans, a duration fee equal to the applicable percentage set forth below of the aggregate principal amount of the Loans outstanding on such date: 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%
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Duration Fee. The Borrower shall will pay to the Agent on each of the dates set forth below a fee for the accounts ratable account of the Lenders, ratably in proportion to their outstanding Loans, a duration fee an amount equal to the applicable percentage set forth below of the aggregate principal amount of the Loans outstanding on such datethe applicable dates set forth below: 90 days after 90th day following the Closing Date. 0.50 % 0.75 % 1.00 % 180th day following the Closing Date 0.501.00 % 180 days after 1.75 % 2.00 % 270th day following the Closing Date 0.751.50 % 270 days after the Closing Date 1.002.00 % 2.50 %
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Sources: Bridge Credit Agreement (Cliffs Natural Resources Inc.)
Duration Fee. The On each of the 90th, 180th and 270th days after the Closing Date, the Borrower shall will pay to the Administrative Agent on each for the ratable benefit of the dates set forth below for the accounts of the Lenders, ratably Lenders in proportion to accordance with their outstanding Loans, Applicable Percentage a duration fee equal to the applicable percentage set forth below 0.25% of the aggregate principal amount of the Loans then outstanding on such date: 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%Loans.
Appears in 1 contract
Sources: Credit Agreement (Smucker J M Co)
Duration Fee. The Borrower shall pay to the Administrative Agent on each of the dates set forth below for the accounts of the Lenders, ratably in proportion to their outstanding Loansportion of the Loan, a duration fee equal to the applicable percentage set forth below of the aggregate principal amount of the Loans Loan outstanding on such date: Date Duration Fee 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%
Appears in 1 contract
Sources: Bridge Credit Agreement