Common use of Facility Increase Fee Clause in Contracts

Facility Increase Fee. Upon the occurrence of a Facility Increase pursuant to Section 2.19 (Facility Increase), a fee to each Lender that participates in such Facility Increase (including any Eligible Assignee that executes an Assumption Agreement in connection with such Facility Increase) and each new Lender to be determined by the Arranger and agreed to by the Borrower based on market conditions at the time of such Facility Increase, which fee shall be payable on the Facility Increase Effective Date.

Facility Increase Fee. Upon the occurrence of a Facility Increase pursuant to Section 2.19 2.18 (Facility Increase), a fee to each Lender that participates in such Facility Increase (including any Eligible Assignee that executes an Assumption Agreement assumption agreement in connection with such Facility Increase) and each new Lender to be determined by the Arranger and agreed to by the Borrower based on market conditions at the time of such Facility Increase, which fee shall be payable on the Facility Increase Effective Date.