Common use of Extension Fee Clause in Contracts

Extension Fee. If the Maturity Date is extended in accordance with Section 2.15, the Borrower shall pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) of the amount of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be due and payable in full on the effective date of such extension

Appears in 1 contract

Sources: Credit Agreement (Equity One, Inc.)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.14., the Borrower shall pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) 0.125% of the amount of such Lender▇▇▇▇▇▇’s Revolving Commitment (whether or not utilized)outstanding Loans on the effective date of such extension. Such fee shall be due and payable in full on on, and as a condition precedent to, the effective date of such extension.

Appears in 1 contract

Sources: Credit Agreement (NETSTREIT Corp.)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.16, the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) 0.15% of the amount of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be due and payable in full on the effective date of such extension.

Appears in 1 contract

Sources: Credit Agreement (Chesapeake Lodging Trust)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.12., the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a an extension fee equal to twoone and sixty-tenths of one seven one-thousandths percent (0.201.067%) of the amount of such Lender’s 's Revolving Commitment (whether or not utilized) as of the day immediately prior to the then current Maturity Date (before giving effect to such extension). Such fee shall be due paid to the Administrative Agent prior to, and payable in full on the effective date of as a condition to, such extension.

Appears in 1 contract

Sources: Credit Agreement (CBL & Associates Properties Inc)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with pursuant to Section 2.152.12., the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) 0.15% of the amount of such Lender’s Revolving Commitment (whether or not utilized)) at the time of such extension. Such fee shall be due and payable in full on the effective date of the Agent receives the Extension Request pursuant to such extensionSection.

Appears in 1 contract

Sources: Revolving Credit Agreement (First Potomac Realty Trust)

Extension Fee. If Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.11, the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to twoone-tenths of one quarter percent (0.200.25%) of the amount principal balance of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall the Loan to be due and payable in full on the effective date of such extensionextended.

Appears in 1 contract

Sources: Loan Agreement (Strategic Hotels & Resorts, Inc)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.15., the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) 0.30% of the amount of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be due and payable in full on outstanding Loans as of the effective date of such extensionOriginal Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Chesapeake Lodging Trust)

Extension Fee. If Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.14, the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to twoone-tenths fifth of one percent (0.20%) of the amount then-outstanding principal balance of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be due and payable in full on the effective date of such extensionLoan.

Appears in 1 contract

Sources: Loan Agreement (Chesapeake Lodging Trust)

Extension Fee. If the Maturity Date is extended in accordance with Section 2.152.16, the Borrower shall pay to the Administrative Agent for the account of each Lender a fee (the “Extension Fee”) equal to two-tenths 0.15% of one percent (0.20%) of each Lender’s Commitment being extended on the amount effective date of such Lender’s Revolving Commitment (whether or not utilized)extension. Such fee Extension Fee shall be due and payable in full on on, and subject to the occurrence of, the effective date of such extension.

Appears in 1 contract

Sources: Credit Agreement (CIM Commercial Trust Corp)

Extension Fee. If the Maturity Date is extended in accordance with Section 2.152.14, the Borrower shall pay to the Administrative Agent for the account of each Lender a fee (the “Extension Fee”) equal to twofifteen one-tenths hundredths of one percent (0.200.15%) of the amount of such each Lender’s Revolving Commitment (whether or not utilized)being extended on the effective date of such extension. Such fee Extension Fee shall be due and payable in full on on, and subject to the occurrence of, the effective date of such extension.

Appears in 1 contract

Sources: Credit Agreement (Creative Media & Community Trust Corp)

Extension Fee. If the Maturity Date is extended in accordance with If, pursuant to Section 2.152.13, the Borrower shall exercises its right to extend the Maturity Date, the Borrower agrees to pay to the Administrative Agent for the account of each Lender a an extension fee equal to twofifteen one-tenths hundredths of one percent (0.200.15%) (i.e. fifteen (15) basis points) of the amount of such Lender’s Revolving 's Commitment (whether or not utilized)on the Maturity Date being extended. Such fee shall be due paid to the Agent prior to, and payable in full on the effective date of as a condition to, each such extension.

Appears in 1 contract

Sources: Unsecured Term Loan Agreement (CBL & Associates Properties Inc)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.10, the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to twoone-tenths of one quarter percent (0.200.25%) of the amount of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be due and payable in full on outstanding Loans as of the effective date of such extensionapplicable Maturity Date.

Appears in 1 contract

Sources: Loan Agreement (Chesapeake Lodging Trust)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.14, the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one and one half percent (0.201.50%) of the amount of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be fully earned and due and payable in full on the effective date of the Administrative Agent receives the Extension Request pursuant to such extensionSection.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Hudson Pacific Properties, L.P.)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.15., the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) 0.25% of the amount of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be due and payable in full on outstanding Loans as of the effective date of such extensionOriginal Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Chesapeake Lodging Trust)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.13., the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to twothree-tenths of one percent (0.200.30%) of the amount of such Lender’s Revolving Commitment (whether or not utilized). Such fee shall be due and payable in full on the effective date of such extension.

Appears in 1 contract

Sources: Credit Agreement (RLJ Lodging Trust)

Extension Fee. If Each time the Borrower exercises its right to extend the Maturity Date is extended of any Class in accordance with Section 2.152.14., the Borrower shall pay to the Administrative Agent for the account of each Lender of such Class a fee in Dollars equal to twoone-tenths eighth of one percent (0.200.125%) of the amount of such Lender▇▇▇▇▇▇’s Revolving Commitment (whether or not utilized)outstanding Loans of such Class. Such fee shall be due paid to the Administrative Agent prior to, and payable in full on the effective date of as a condition to, such extension.

Appears in 1 contract

Sources: Term Loan Agreement (Realty Income Corp)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.12., the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a an extension fee equal to two-tenths of one 0.35 percent (0.200.35%) of the amount of such Lender’s 's Revolving Commitment (whether or not utilized) as of the day immediately prior to the then current Maturity Date (before giving effect to such extension). Such fee shall be due paid to the Administrative Agent prior to, and payable in full on the effective date of as a condition to, such extension.

Appears in 1 contract

Sources: Credit Agreement (CBL & Associates Properties Inc)

Extension Fee. If the Borrower exercises its right to extend the Maturity Date is extended in accordance with Section 2.152.13., the Borrower shall agrees to pay to the Administrative Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) % of the aggregate outstanding principal amount of such Lender▇▇▇▇▇▇’s Revolving Commitment (whether or not utilized)portion of the Loans. Such fee shall be due and payable in full on the effective date of such the extension.

Appears in 1 contract

Sources: Term Loan Agreement (Sunstone Hotel Investors, Inc.)