Common use of Term-Out Fee Clause in Contracts

Term-Out Fee. The Borrower shall pay to the Facility Agent (for the account of the Lenders participating in Facility A pro rata to their participations in Facility A) within 5 days of the date of any Conversion Request made in accordance with Clause 7.4 (Request for Conversion) or notice given pursuant to Clause 7.7(b) (Repayment of Term-out Advances) a fee in an amount equal to 0.03 per cent. of the aggregate Base Currency Amount of the Facility A Advances which are to be converted into Term-out Advances or, as the case may be, of the Term-out Advances the maturity of which is to be extended in accordance with Clause 7.7(b) (Repayment of Term-out Advances).

Term-Out Fee. The Borrower shall pay to the Facility Agent (for the account of the Lenders participating in Facility A pro rata to their participations in Facility A) within 5 days of the date of any Conversion Request made in accordance with Clause 7.4 (Request for Conversion) or notice given pursuant to Clause 7.7(b) (Repayment of Term-out Advances) a fee in an amount equal to 0.03 per cent. of the aggregate Base Currency Amount of the Facility A Advances which are to be converted into Term-out Advances or, as the case may be, of the Term-out Advances the maturity of which is to be extended in accordance with Clause 7.7(b) (Repayment of Term-out Advances).. SECTION 6 ADDITIONAL PAYMENT OBLIGATIONS