Common use of Lead Lender’s Fee Clause in Contracts

Lead Lender’s Fee. 2.3.1 In consideration of the Lead Lender’s services as set out under this Agreement, it shall be entitled to receive a fee (if any) as mutually agreed between the Lead Lender and the Relevant Lenders and recorded in a separate agreement. The fee shall be paid by each Relevant Lender in proportion of its Outstanding in the relevant Facilities. The liability, if any, of the Lead Lender pursuant to or in connection with this Agreement shall be restricted to the amount equivalent to the fees received by it in relation to any particular Borrower. 2.3.2 All costs and expenses incurred or to be incurred by the Lead Lender in connection with performing its services pursuant to this Agreement, including in relation to formulating and implementing a Resolution Plan (including the fees and expenses payable to any valuer, counsel, consultant or agent etc. appointed by the Lead Lender) shall be to the account of the respective Relevant Lenders, unless otherwise reimbursed by the Borrower.