Definition of Term Loan Conversion Fee

  1. Term Loan Conversion Fee means, with respect to any Borrower, a fee in US Dollars to be paid to the Administrative Agent on the Term Extension Effective Date by such Borrower, for the account of each Lender in accordance with its Pro Rata Share, in an amount equal to 0.50% of the Outstanding Amount on the Term Extension Effective Date of all Loans of such Lender made to such Borrower.

Definition of Term Loan Conversion Fee in Credit Agreement

Term Loan Conversion Fee means, with respect to any Borrower, a fee in US Dollars to be paid to the Administrative Agent on the Term Extension Effective Date by such Borrower, for the account of each Lender in accordance with its Pro Rata Share, in an amount equal to 0.50% of the Outstanding Amount on the Term Extension Effective Date of all Loans of such Lender made to such Borrower.