Extension Fee. On the effective date of any extension of the Maturity Date pursuant to Section 2.20 (such date, the “Extension Effective Date”), the Borrowers shall pay to the Agent, for the account of each Lender, an extension fee (the “Extension Fee”) in an amount to be agreed between the Administrative Borrower and Agent.
Appears in 3 contracts
Sources: Loan and Security Agreement (FS Credit Real Estate Income Trust, Inc.), Loan and Security Agreement (FS Credit Real Estate Income Trust, Inc.), Loan and Security Agreement (FS Credit Real Estate Income Trust, Inc.)
Extension Fee. On In the effective date of any extension of event that the Maturity Date pursuant to is extended in accordance with the terms of Section 2.20 (such date2.06, the “Extension Effective Date”), the Borrowers shall Borrower agrees to pay to the Agent, Administrative Agent for the account of each Lender, Lender an extension fee (equal to 5% of the “Extension Fee”) in an amount to be agreed between aggregate Loans of the Administrative Borrower and AgentLenders on the first effective day of the extension.
Appears in 3 contracts
Sources: Credit Agreement (Atlas Energy Group, LLC), Credit Agreement (Atlas Energy Group, LLC), Second Lien Credit Agreement (Atlas Energy Group, LLC)
Extension Fee. On If the effective date of any extension of Borrower exercises its right to extend the Maturity Date pursuant to in accordance with Section 2.20 (such date2.15., the “Extension Effective Date”), the Borrowers shall Borrower agrees to pay to the Agent, Administrative Agent for the account of each Lender a fee equal to one-half percent (0.50%) of the amount of such Lender, an extension fee (’s outstanding Loans as of the “Extension Fee”) in an amount to be agreed between the Administrative Borrower and AgentOriginal Maturity Date.
Appears in 2 contracts
Sources: Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)
Extension Fee. On If the effective date of any extension of Borrower exercises its right to extend the Maturity Date pursuant to in accordance with Section 2.20 (such date2.13., the “Extension Effective Date”), the Borrowers shall Borrower agrees to pay to the Agent, Administrative Agent for the account of each Lender, Lender an extension fee equal to one-fifth of one percent (0.20%) of the “Extension Fee”amount of such Lender's Revolving Commitment (whether or not utilized) in an amount as of the day immediately prior to the then current Maturity Date (before giving effect to such extension). Such fee shall be agreed between paid to the Administrative Borrower Agent prior to, and Agentas a condition to, such extension.
Appears in 2 contracts
Sources: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)
Extension Fee. On the effective date of any extension of or before the Maturity Date pursuant then being extended, prior to Section 2.20 (giving effect to such dateExtension Option, Borrower has paid to Administrative Agent in immediately available funds the “then applicable Extension Effective Date”), the Borrowers shall pay to the AgentFee, for the account ratable benefit of each LenderLenders, an extension fee (the “Extension Fee”) in an amount to be agreed between the as determined by Administrative Borrower and AgentAgent as of such Maturity Date.
Appears in 2 contracts
Sources: Credit Agreement (Cantor Fitzgerald Income Trust, Inc.), Credit Agreement (Cantor Fitzgerald Income Trust, Inc.)
Extension Fee. On If the effective date of any extension of Borrower exercises its right to extend the Maturity Date pursuant to in accordance with Section 2.20 (such date2.15, the “Extension Effective Date”), the Borrowers shall Borrower agrees to pay to the Agent, Administrative Agent for the account of each Lender a fee equal to 0.15% of the amount of such Lender, an extension fee ’s Commitment (the “Extension Fee”) in an amount to be agreed between the Administrative Borrower and Agentwhether or not utilized).
Appears in 2 contracts
Sources: Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)
Extension Fee. On If the effective date of any extension of Borrower exercises its right to extend the Maturity Date pursuant to in accordance with Section 2.20 (such date2.12., the “Extension Effective Date”), the Borrowers shall Borrower agrees to pay to the Agent, Administrative Agent for the account of each Lender, Lender an extension fee equal to one and sixty-seven one-thousandths percent (1.067%) of the “Extension Fee”amount of such Lender's Revolving Commitment (whether or not utilized) in an amount as of the day immediately prior to the then current Maturity Date (before giving effect to such extension). Such fee shall be agreed between paid to the Administrative Borrower Agent prior to, and Agentas a condition to, such extension.
Appears in 1 contract
Extension Fee. On In consideration for the effective date of any extension of the Original Maturity Date pursuant herein and as a condition to Section 2.20 (the effectiveness of such dateextension, the “Extension Effective Date”), the Borrowers Borrower shall pay to the Agent, for the account of each Lender, Administrative Agent an extension fee equal to $7,335.00 (the “51 Day Extension Fee”) in an amount ). To the extent the Borrower extends the Loan pursuant to the First Extension Option, the 51 Day Extension Fee shall be agreed between credited against the Administrative Borrower and Agentfull Extension Fee due under Section 2.5 of the Loan Agreement for such further extension.
Appears in 1 contract
Sources: Third Extension and Modification Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Extension Fee. On If the effective date of any extension of Borrower exercises its right to extend the Maturity Date pursuant to in accordance with Section 2.20 (such date2.13., the “Extension Effective Date”), the Borrowers shall Borrower agrees to pay to the Agent, Administrative Agent for the account of each Lender, an extension Lender a fee (equal to 0.20% of the “Extension Fee”) aggregate outstanding principal amount of such ▇▇▇▇▇▇’s portion of the Loans. Such fee shall be due and payable in an amount to be agreed between full on the Administrative Borrower and Agenteffective date of the extension.
Appears in 1 contract
Sources: Term Loan Agreement (Sunstone Hotel Investors, Inc.)
Extension Fee. On the effective date of any extension of the Maturity Date If, pursuant to Section 2.20 (such date2.6, the “Extension Effective Borrower exercises its right to extend the Initial Maturity Date”), the Borrowers shall Borrower agrees to pay to the Agent, Administrative Agent for the account of each Lender, Lender an extension fee equal to twenty one hundredths of one percent (0.20%) of the “Extension Fee”) in an amount of such Lender’s Commitment at the time of such extension. Such fee shall be paid to be agreed between the Administrative Borrower Agent prior to, and Agentas a condition to, such extension.
Appears in 1 contract
Sources: Revolving Loan Agreement (Columbia Equity Trust, Inc.)
Extension Fee. On Upon the effective date of any extension of the Initial Maturity Date pursuant to the Extended Maturity Date, as provided in Section 2.20 (such date3.18, the “Extension Effective Date”), the Borrowers shall Borrower agrees to pay to the Administrative Agent, for the ratable account of each LenderLenders, an extension fee equal to one-half of one percent (0.50%) of the “Extension Fee”) in an amount to be agreed between unpaid Principal Debt on the Administrative Borrower and AgentInitial Maturity Date.
Appears in 1 contract
Extension Fee. On the effective date of any extension of If the Maturity Date pursuant to is extended in accordance with Section 2.20 (such date2.16, the “Extension Effective Date”), the Borrowers Borrower shall pay to the Agent, Administrative Agent for the account of each Lender, an extension Lender a fee (the “Extension Fee”) equal to 0.10% of each Lender’s Revolving Commitment being extended on the effective date of such extension. Such Extension Fee shall be due and payable in an amount full on, and subject to be agreed between the Administrative Borrower and Agentoccurrence of, the effective date of such extension.
Appears in 1 contract
Sources: Modification Agreement (Cim Real Estate Finance Trust, Inc.)
Extension Fee. On the effective date of any extension of If the Maturity Date pursuant to is extended in accordance with Section 2.20 (such date2.16, the “Extension Effective Date”), the Borrowers Borrower shall pay to the Agent, Administrative Agent for the account of each Lender, an extension Lender a fee (the “Extension Fee”) equal to 0.075% of each Lender’s Revolving Commitment being extended on the effective date of such extension. Such Extension Fee shall be due and payable in an amount full on, and subject to be agreed between the Administrative Borrower and Agentoccurrence of, the effective date of such extension.
Appears in 1 contract
Sources: Credit Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)
Extension Fee. On the effective date of any extension of If the Maturity Date pursuant to is extended in accordance with Section 2.20 (such date2.16, the “Extension Effective Date”), the Borrowers Borrower shall pay to the Agent, Administrative Agent for the account of each Lender, an extension Lender a fee (the “Extension Fee”) equal to 0.10% of each Lender’s Revolving Commitment being extended on the effective date of such extension. Such Extension Fee shall be due and payable in an amount full on, and subject to be agreed between the Administrative Borrower and Agentoccurrence of, the effective date of such extension.
Appears in 1 contract
Sources: Credit Agreement (Cole Credit Property Trust V, Inc.)
Extension Fee. On the effective date of any extension of If Borrower exercises its right to extend the Maturity Date pursuant beyond the First Extended Maturity Date in accordance with Section 2.11, Borrower agrees to Section 2.20 (such date, the “Extension Effective Date”), the Borrowers shall pay to the Agent, Administrative Agent for the account of each Lender, an extension Lender a fee equal to one-quarter percent (0.25%) of the “Extension Fee”) in an amount principal balance of the Loan to be agreed between the Administrative Borrower and Agentextended, if applicable.
Appears in 1 contract
Extension Fee. On the effective date of any extension of If the Maturity Date pursuant to is extended in accordance with Section 2.20 (such date2.16, the “Extension Effective Date”), the Borrowers Borrower shall pay to the Agent, Administrative Agent for the account of each Lender, an extension Lender a fee (the “Extension Fee”) equal to 0.15% of each Lender’s Commitment being extended on the effective date of such extension. Such Extension Fee shall be due and payable in an amount full on, and subject to be agreed between the Administrative Borrower and Agentoccurrence of, the effective date of such extension.
Appears in 1 contract
Extension Fee. On the effective date of In connection with any extension of the Maturity Date pursuant to Section 2.20 (such date2.14, the “Extension Effective Date”), the Borrowers Borrower shall pay to the Agent, Administrative Agent for the account of each LenderLender in accordance with its Applicable Percentage, an extension fee (in the “Extension Fee”) amount set forth in an amount to be agreed between the Administrative Borrower and AgentSection 2.14(b)(iii).
Appears in 1 contract
Sources: Credit Agreement (Landmark Apartment Trust of America, Inc.)