Common use of Extension Fee Clause in Contracts

Extension Fee. The Borrower shall have paid to the Administrative Agent an extension fee (the “Extension Fee”) for the pro rata benefit of the Lenders of two-tenths of one percent (0.20%) of the outstanding Commitments of the Lenders, such Extension Fee to be payable at least five (5) days prior to the Initial Maturity Date.

Appears in 3 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)

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Extension Fee. The Borrower shall have paid to the Administrative Agent an extension fee (the “Revolving Facility Extension Fee”) for the pro rata benefit of the Lenders of two-tenths of one percent fifteen basis points (0.200.15%) of the outstanding Commitments of the LendersTotal Revolving Commitments, such Extension Fee to be payable at least five (5) days prior to the Revolving Facility Initial Maturity Date, with any such fee paid being promptly refunded if the Administrative Agent determines that the conditions of the requested extension have not been satisfied and the Revolving Facility Initial Maturity Date is not so extended.

Appears in 2 contracts

Samples: Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

Extension Fee. The Borrower shall have paid to the Administrative Agent an extension fee (the “Extension Fee”) for the pro rata benefit of the Lenders of twotwenty-tenths of one percent five basis points (0.200.25%) of the outstanding Commitments of the LendersTotal Commitments, such Extension Fee to be payable at least five (5) days prior to the Initial Maturity Date.

Appears in 2 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)

Extension Fee. The Borrower shall have paid to the Administrative Agent an extension fee (the "Extension Fee") for the pro rata benefit of the Lenders of two-tenths of one percent thirty basis points (0.200.30%) of the outstanding Commitments of the LendersTotal Commitments, such Extension Fee to be payable at least five (5) days prior to the Initial Maturity Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc)

Extension Fee. The Borrower shall have paid to the Administrative Agent an extension fee (the “Extension Fee”) for the pro rata benefit of the Lenders of two-tenths of one percent (0.20%) of the outstanding Commitments principal balance of the LendersLoan, such Extension Fee to be payable at least five (5) days prior to the Initial Maturity Date.

Appears in 1 contract

Samples: Loan Agreement (Cedar Shopping Centers Inc)

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Extension Fee. The For each extension, the Borrower shall have paid to the Administrative Agent an extension fee (the “Facility Extension Fee”) for the pro rata benefit of the Lenders of two-tenths of one percent fifteen basis points (0.200.15%) of the outstanding Commitments of the LendersTotal Commitment, such Facility Extension Fee to be payable at least five (5) days prior to the Initial then applicable Maturity Date, with any such fee paid being promptly refunded if the Administrative Agent determines that the conditions of the requested extension have not been satisfied and the then applicable Maturity Date is not so extended.

Appears in 1 contract

Samples: Loan Agreement (Cedar Realty Trust, Inc.)

Extension Fee. The Borrower shall have paid to the Administrative Agent an An extension fee in an amount equal to one quarter of one percent (.25%) of the then outstanding Loan Proceeds (the “Extension Fee”) shall have been paid to the Agent, for the pro rata benefit account of the Lenders of two-tenths of one percent (0.20%) of the outstanding Commitments of the Lenderseach Lender, such Extension Fee to be payable at least five (5) days Business Days prior to the Initial Maturity Date.;

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

Extension Fee. The Borrower shall have paid to the Administrative Agent an extension fee (the "Extension Fee") for the pro rata benefit of the Lenders of twoone-tenths of one quarter percent (0.200.25%) of the outstanding Commitments principal balance of the LendersLoan, such Extension Fee to be payable at least five (5) days prior to the Initial Maturity Date.

Appears in 1 contract

Samples: Loan Agreement (Cedar Shopping Centers Inc)

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