Common use of Restructuring Fee Clause in Contracts

Restructuring Fee. The Borrower shall pay to the Agent, for the account of each Bank, a restructuring fee in an amount equal to 0.25% of such Bank's aggregate Commitments, with one-half of such restructuring fee payable on the Effective Date and one-half of such restructuring fee payable on the second anniversary of the Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Perini Corp)

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Restructuring Fee. The Borrower shall agrees to pay to the Agent, Agent for the account of each Bank, a restructuring fee in an amount equal to 0.25% of such Bank's aggregate Commitments, with one-half of such restructuring fee payable Lender on the Effective Date and one-half a restructuring fee equal to 2.00% per annum on the principal amount of such restructuring fee payable on Lender's Loans outstanding under the second anniversary Existing Seasonal Line of Credit Agreement computed for the period from and including August 1, 1996 to the Effective Date. All such fees shall be non-refundable.

Appears in 1 contract

Samples: Thorn Apple Valley Inc

Restructuring Fee. The Borrower shall agrees to pay to the Agent, Agent for the account of each Bank, Lender on the Effective Date a restructuring fee in an amount equal to 0.25% per annum on the principal amount of such BankLender's aggregate CommitmentsLoans outstanding under the Revolving Credit Agreement computed for the period from and including August 1, with one-half of such restructuring fee payable on the Effective Date and one-half of such restructuring fee payable on the second anniversary of 1996 to the Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Thorn Apple Valley Inc)

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Restructuring Fee. The Borrower shall pay to the Agent, Agent on the Effective Date a restructuring fee for the account of each Bank, a restructuring fee the Banks in an the aggregate amount equal of $100,000 (to 0.25% of such Bank's aggregate be shared in proportion to their Revolving Commitments, with one-half of such restructuring fee payable on the Effective Date and one-half of such restructuring fee payable on the second anniversary of the Effective Date).

Appears in 1 contract

Samples: Exchange Agreement (Perini Corp)

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