Common use of Facility Fees Clause in Contracts

Facility Fees. (a) The Borrower shall pay to the Agent for the account of the Banks ratably in proportion to their respective Commitments a facility fee at the Facility Fee Rate (as defined below). Such facility fee shall accrue from and including the date hereof to but excluding the Termination Date, on the daily aggregate amount of the Commitments (whether used or unused).

Appears in 5 contracts

Samples: Credit Agreement (Target Corp), Credit Agreement (Target Corp), Credit Agreement (Target Corp)

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Facility Fees. (ai) The Borrower shall pay to the Administrative Agent for the account of the Banks ratably in proportion to their respective Commitments Lenders a facility fee in Dollars at the Facility Fee Rate (as defined below). Such facility fee shall accrue accrued from and including the date hereof Effective Date to but excluding not including the Termination Date, Date on the daily average aggregate amount of the Commitments (whether used or unused).

Appears in 5 contracts

Samples: Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)

Facility Fees. (ai) The Borrower Company shall pay to the Administrative Agent for the account of the Banks ratably in proportion to their respective Commitments a facility fee in Dollars at the Facility Fee Rate (as defined below). Such facility fee shall accrue accrued from and including the date hereof Effective Date to but excluding not including the Termination Date, Date on the daily average aggregate amount of the Commitments (whether used or unused).

Appears in 3 contracts

Samples: Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)

Facility Fees. (a) The Borrower shall pay to the Agent for the account of the Banks ratably in proportion to their respective Commitments a facility fee at the Facility Fee Rate (as defined below)Rate. Such facility fee shall accrue (i) from and including the date hereof to but excluding the Termination Date, on the daily aggregate amount of the Commitments (whether used or unused)) and (ii) from and including the Termination Date to but excluding the date the Loans shall be repaid in their entirety, on the daily aggregate outstanding principal amount of the Loans.

Appears in 2 contracts

Samples: Credit Agreement (Target Corp), Assignment and Assumption Agreement (Target Corp)

Facility Fees. (ai) The Borrower Company shall pay to the Administrative Agent for the account of the Banks ratably in proportion to their respective Commitments a facility fee at the Facility Fee Rate (as defined below). Such facility fee shall accrue accrued from and including the date hereof Effective Date to but excluding not including the Termination Date, Date on the daily average aggregate amount of the Commitments (whether used or unused).

Appears in 1 contract

Samples: Credit Agreement (Textron Inc)

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Facility Fees. (a) The Borrower shall pay to the Administrative Agent for the account of the Banks Lenders ratably in proportion to their respective Commitments a facility fee as set forth in this paragraph at the facility fee rate determined daily in accordance with the Pricing Schedule (the "Facility Fee Rate (as defined belowRate"). Such facility fee shall accrue (i) from and including the date hereof Effective Date to but excluding the Termination Datedate of termination of the Commitments in their entirety, on the daily aggregate amount of the Commitments (whether used or unused).the

Appears in 1 contract

Samples: Credit Agreement (Cisco Systems Inc)

Facility Fees. (a) The Borrower shall pay to the Agent for the account of the Banks ratably in proportion to their respective Commitments a facility fee at the Facility Fee Rate (as defined belowdetermined daily in accordance with the Pricing Schedule). Such facility fee shall accrue from and including the date hereof Effective Date to but excluding the Termination Date, Date (or such earlier date as the Commitments shall be terminated) on the daily aggregate amount of the Commitments in existence on each such day (whether used or unused).

Appears in 1 contract

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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