Common use of Commitment Fees, etc Clause in Contracts

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Date, commencing on the first of such dates to occur after the Closing Date. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 2 contracts

Sources: Credit Agreement (Itron Inc /Wa/), Credit Agreement (Itron Inc /Wa/)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent (i) for the account of each Revolving Lender Credit Lender, a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate determined from day to day on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof and (ii) for the account of each Term Lender a commitment fee for the period from and including the Closing DateDate to the last day of the Term Loan Commitment Period, computed at the Commitment Fee Rate determined from day to day on the average daily amount of the Term Loan Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the last day of the Term Loan Commitment Period, commencing on the first of such dates to occur after the date hereof. (cb) The Borrower agrees to pay to the Arranger and the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay including pursuant to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead ArrangerFee Letter.

Appears in 1 contract

Sources: Credit Agreement (Spanish Broadcasting System of Puerto Rico Inc /Pr/)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the rate per annum set forth under the heading "Commitment Fee Rate Rate" on Annex I on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the last day of the Revolving Termination DateCredit Commitment Period, commencing on the first of such dates to occur after the Closing Datedate hereof. (b) The Borrower agrees to pay to the Arranger the fees and other compensation in the amounts and on the dates previously agreed to in writing by the Borrower and the Arranger. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates agreed to in writing from time to time by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger Collateral Agent the fees in the amounts amount and on the dates previously agreed to in writing from time to time by the Borrower and the Lead ArrangerCollateral Agent.

Appears in 1 contract

Sources: Credit Agreement (Key Energy Group Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Revolving Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Date, commencing on the first of such dates to occur after the Closing Date. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Term Lender a commitment fee for the period from and including the Closing Date to the last day of the Term Commitment Period, computed at the Term Commitment Fee Rate on the average daily amount of the Available Term Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the last day of the Term Commitment Period, commencing on the first of such dates to occur after the Closing Date. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Gabriel Communications Inc /De/)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Original Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Date, commencing on the first of such dates to occur after the Original Closing Date. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Term Lender having an unfunded Additional Term Loan Commitment, a commitment fee for the period from and including the First Amendment Effective Date to the Delayed Draw Availability Expiration Date, computed at the Commitment Fee Rate on the average daily amount of the Available Additional Term Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December, and on the Delayed Draw Availability Expiration Date, commencing on the first of such dates to occur after the First Amendment Effective Date. (c) The Borrower agrees to pay to the Administrative Agent Agents the fees in the amounts and on the dates agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Insurance Auto Auctions, Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a nonrefundable commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Tranche A Term Lender a nonrefundable commitment fee for the period from and including the Closing DateDate to the date on which the Tranche A Term Commitments have been terminated, computed at the Commitment Fee Rate on the average daily amount of the Tranche A Term Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the date on which the Tranche A Term Commitments have been fully utilized or terminated, as the case may be, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger Agents the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead ArrangerAgents.

Appears in 1 contract

Sources: Credit Agreement (Crown Castle International Corp)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Revolving Loan Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day Business Day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrower agrees to pay to LaSalle a commitment fee for the period from and including the Closing Date to the last day of the LaSalle L/C Commitment Period, computed at 0.25% per annum on the daily amount of the Available LaSalle L/C Commitment during the period for which payment is made, payable quarterly in arrears on the last Business Day of each March, June, September and December and on the LaSalle L/C Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Brookdale Senior Living Inc.)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than a Defaulting Lender) a revolving commitment fee in Dollars for the period from and including the Closing Date date hereof to the last day of the Revolving Commitment Period, computed at a rate per annum equal to, for each day during such period, the Commitment Fee Rate on such day multiplied by the average daily amount of the Available Revolving Commitment of such Revolving Lender during the period for which payment is madeon such day, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Facility Termination Date, commencing on the first of such dates to occur after the Closing date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Term Lender (other than a Defaulting Lender) a term loan commitment fee in Dollars for the period from and including the date hereof to the last day of the Term Loan Commitment Period, computed at a rate per annum equal to, for each day during such period, the Commitment Fee Rate on such day multiplied by the amount of the Available Term Loan Commitment of such Term Lender on such day, payable quarterly in arrears on the last day of each March, June, September and December and on the Term Loan Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative Agent the all fees in the amounts and on the dates previously or contemporaneously herewith agreed to in writing by the Borrower and the Administrative Agent, including, without limitation, pursuant to each Fee Letter. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Bungeltd)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December prior to, and on on, the Revolving Termination Date, commencing on the first of such dates to occur after the Closing Datedate hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Term Loan B Lender a commitment fee for the period from and including the Effective Date to but not including the earlier to occur of (i) the Term Loan Funding Date and (ii) the termination of the Term Loan B Commitments, computed at the Commitment Fee Rate on the average daily amount of the Term Loan B Commitment of such Term Loan B Lender during the period for which payment is made, payable on the earlier to occur of such dates. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Time Warner Telecom Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender Credit Lender, a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the Closing Datedate hereof. (cb) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (c) The Borrower agrees to pay to the Administrative Agent for the account of the Lenders a restructuring fee in an amount equal to one-half of one percent (0.50%) of the Total Revolving Credit Commitments, the Tranche A Term Loan Commitments and the Tranche B Term Loan Commitments on the Closing Date before giving effect to the initial borrowings hereunder (the "Original Facility Amount"), payable on the Closing Date. (d) The Borrower agrees to pay to the Lead Arranger Administrative Agent for the fees account of the Lenders an additional restructuring fee in an amount equal to one-half of one percent (0.50%) of the amounts and Original Facility Amount, payable on the dates previously agreed to in writing by earlier of the date on which the Borrower or any Subsidiary receives Net Cash Proceeds of the issuance of its Capital Stock and the Lead Arrangerdate that is one year after the effective date of the Plan of Reorganization.

Appears in 1 contract

Sources: Restructuring Credit Agreement (Imperial Sugar Co /New/)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each (i) Revolving Credit Lender a commitment fee for the period from and including the Closing Effective Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made and (ii) Term Loan Lender a commitment fee for the period from and including the Effective Date to the last day of the Term Loan Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the available Term Loan Commitment of such Lender during the period for which payment is made, in each case, payable quarterly in arrears on the last day of each March, June, September September, December and December the Term Loan Commitment Period and on the Revolving Credit Termination Date, as the case may be, commencing on the first of such dates to occur after the Closing Datedate hereof. (b) The Borrower agrees to pay to LBI the fees in the amounts and on the dates previously agreed to in writing by the Borrower and LBI. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Sba Communications Corp)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the -------------------- Administrative Agent for the account of each (i) Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made and (ii) Term Loan Lender a commitment fee for the period from and including the Closing Date to the last day of the Term Loan Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the available Term Loan Commitment of such Lender during the period for which payment is made, in each case, payable quarterly in arrears on the last day of each March, June, September September, December and December the Term Loan Commitment Period and on the Revolving Credit Termination Date, as the case may be, commencing on the first of such dates to occur after the Closing Datedate hereof. (b) The Borrower agrees to pay to LBI the fees in the amounts and on the dates previously agreed to in writing by the Borrower and LBI. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Sba Communications Corp)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof. For 52 47 purposes of calculating commitment fees under this subsection 2.6(a) only, no portion of the Revolving Credit Commitments shall be deemed utilized as a result of outstanding Swingline Loans. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Tranche A Term Loan Lender a commitment fee for the period from and including the Closing Date to the Delayed Tranche A Termination Date, computed at the Commitment Fee Rate on the average daily amount of the Delayed Tranche A Term Loan Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Delayed Tranche A Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates agreed to set forth in the Amended and Restated Fee Letter dated January 12, 1998, in writing by among Holdings, the Borrower and Borrower, the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts Agent and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.Chase Securities Inc.

Appears in 1 contract

Sources: Credit Agreement (WTNH Broadcasting Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from Borrowers jointly and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees severally agree to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly monthly in arrears on the last first day of each March, June, September and December month and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the Closing Datedate hereof. (b) The Borrowers jointly and severally agree to pay to the Syndication Agent the fees in the amounts and on the dates previously agreed to in that certain letter dated October 23, 1998 by Harvard and the Syndication Agent. (c) The Borrower agrees Borrowers jointly and severally agree to pay to the Administrative Agent the fees in the amounts and on the dates agreed to in writing by the Borrower Representative and the Administrative AgentAgent pursuant to that certain letter agreement dated November 24, 1998. (d) The Borrower agrees If, on or prior to the first anniversary of the Closing Date, the Borrowers shall voluntarily prepay all or any portion of the Term Loan or reduce or terminate the Revolving Credit Commitment, in each case whether before or after acceleration of the Obligations, the Borrowers shall pay to the Lead Arranger Administrative Agent, for the fees in benefit of the amounts Lenders, as liquidated damages and on compensation for the dates previously agreed costs of being prepared to in writing make funds available hereunder an amount determined by multiplying 1% by (i) the Borrower principal amount of the Term Loan prepaid, and (ii) the Lead Arrangeramount of the reduction of the Revolving Credit Commitment.

Appears in 1 contract

Sources: Credit Agreement (Harvard Industries Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the date on which such Revolving Commitment PeriodCredit Lender’s Revolving Credit Commitments terminate or expire, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the fifteenth (15th) day following the last day of each March, June, September and December and on the date on which the applicable Revolving Termination DateCredit Commitments terminate or expire, commencing on the first of such dates to occur after the Closing Datedate hereof; provided that any accrued unpaid commitment fees on or after the date on which the Revolving Credit Commitments Terminateterminate shall be payable on demand. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day and the last day of each period but excluding the date on which the Revolving Credit Commitments terminate). (cb) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Forrester Research, Inc.)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender in accordance with its Percentage a commitment fee (the “Commitment Fee”) for the period from and including the Closing Date date hereof to the last day of the Revolving Commitment Period, computed at the Commitment Fee Applicable Rate on the average actual daily amount by which the Revolving Commitments exceed the sum of (i) the Outstanding Amount of Revolving Loans on such date and (ii) the Outstanding Amount of L/C Obligations on such date. The Commitment Fee shall accrue at all times during the Revolving Commitment Period, including at any time during which one or more of the Available Revolving Commitment of such Lender during the period for which payment conditions in Section 5 is madenot met, and shall be due and payable quarterly in arrears on the last day Business Day of each March, June, September and December and on the Revolving Termination Date, commencing on with the first of such dates date to occur after the Closing Date, and on the last day of the Revolving Commitment Period. The Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. (cb) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (National Financial Partners Corp)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to but excluding the last day of the Revolving Commitment Period, computed at the Revolving Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December prior to, and on on, the Revolving Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Term Loan B Lender a commitment fee for the period from and including the Closing Date to but excluding the last day of the Term Loan B Commitment Period, computed at the Term Loan B Commitment Fee Rate on the average daily amount of the Available Term Loan B Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December prior to, and on, the Term Loan B Commitment Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Time Warner Telecom Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Final Maturity Date, commencing on the first of such dates to occur after the date hereof. The Borrower agrees to pay to the Administrative Agent for the account of each Term Loan Lender a commitment fee for the period from and including the Closing Date to the Term Loan Commitment Termination Date, computed at the Commitment Fee Rate on the amount of the Available Term Loan Commitment of such Lender, payable quarterly in arrears on the last day of each March, June, September and December and on the Term Loan Commitment Termination Date (b) The Borrower agrees to pay to the Syndication Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Syndication Agent. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Cumulus Media Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the -------------------- Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate equal to 1/2 of 1.00% per annum on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is madeRevolving Lender, payable quarterly in arrears on the last day of each March, June, September and December and on the Scheduled Revolving Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Tranche A Term Lender a commitment fee for the period from and including the Closing Date through the Scheduled Tranche A Termination Date equal to 1/2 of 1.00% per annum on the average daily amount of the undrawn Tranche A Term Commitment of such Tranche A Term Lender, payable quarterly in arrears on the last day of each March, June, September and December and on the Scheduled Tranche A Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative each Agent the fees in the amounts and on the dates agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arrangersuch Agent.

Appears in 1 contract

Sources: Credit Agreement (Lifepoint Hospitals Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent (i) for the account of each Revolving Lender Credit Lender, a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, and (ii) for the account of each Term Loan Lender, a commitment fee for the period from and including the Closing Date to the earlier of (A) the Delayed Draw Borrowing Date and (B) the last day of the Delayed Draw Commitment, computed at the Commitment Fee Rate on the average daily amount of the Available Term Loan Commitment of such Lender during the period for which payment is made, in each case payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination DateDate (in the case of the Revolving Credit Commitments) or the earlier of (x) the Delayed Draw Borrowing Date and (y) the last day of the Delayed Draw Commitment Period (in the case of the Term Loan Commitments), commencing on the first of such dates to occur after the Closing Datedate hereof. (b) The Borrower agrees to pay to the Collateral Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Collateral Agent. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Parker Drilling Co /De/)

Commitment Fees, etc. (a) The Borrower agrees to pay to the Lead Arranger, ratably Administrative Agent for the account of each Lender, Delayed-Draw Lender a non-refundable ticking commitment fee for the period from and including the December 1, 2003 date hereof to the earlier last day of the Closing Date and the termination of the CommitmentsDelayed-Draw Availability Period, calculated computed at the rate of .50% per annum Commitment Fee Rate on the aggregate principal average daily amount of the Tranche B Available Delayed-Draw Term Commitments as Commitment of December 1such Lender during the period for which payment is made, 2003payable quarterly in arrears on each Fee Payment Date, which fee shall be fully earned and payable commencing on the earlier of the Closing Date and first such date to occur after the date of termination of the Tranche B Term Commitmentshereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date date hereof to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Fee Payment Date, commencing on the first of such dates date to occur after the Closing Datedate hereof. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates agreed to as set forth in writing by the Borrower and any fee agreements with the Administrative AgentAgent and to perform any other obligations contained therein. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Knight Capital Group, Inc.)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the date on which such Revolving Commitment PeriodCredit Lender’s Revolving Credit Commitments terminate or expire, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the fifteenth (15th) day following the last day of each March, June, September and December and on the date on which the applicable Revolving Termination DateCredit Commitments terminate or expire, commencing on the first of such dates to occur after the Closing Datedate hereof; provided that any accrued unpaid commitment fees on or after the date on which the Revolving Credit Commitments Terminate shall be payable on demand. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day and the last day of each period but excluding the date on which the Revolving Commitments terminate). (cb) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Forrester Research, Inc.)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower Company agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date date hereof to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination DateFee Payment Date in Dollars, commencing on the first of such dates date to occur after the Closing Datedate hereof. (cb) The Borrower Company agrees to pay to the Administrative Agent for the fees account of each Delayed Draw Term Lender a ticking fee for the period from and including the date that is 30 days after the Closing Date to the last day of the Delayed Draw Term Loan Availability Period, computed at the Commitment Fee Rate on the amount of the Delayed Draw Term Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on each Fee Payment Date, commencing on the first such date to occur after the date hereof. It is understood agreed that in the amounts and event of any reduction in the Delayed Draw Term Commitment as set forth in Section 2.11, the ticking fee shall be paid on the dates agreed to in writing by amount of the Borrower and the Administrative AgentDelayed Draw Term Commitment as so reduced. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Columbus McKinnon Corp)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Effective Date to the last day of the Revolving Credit Commitment Period, computed at the applicable Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the Closing Effective Date. If there is any change in the Commitment Fee Rate during any quarter, the actual daily amount of the commitment fee shall be computed and multiplied by the Commitment Fee Rate separately for each period during such quarter that such Commitment Fee Rate was in effect. (b) The Borrower agrees to pay to the Co-Syndication Agents the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Co-Syndication Agents. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Amended and Restated Credit Agreement (Chatham Lodging Trust)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees Borrowers agree to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrowers agree to pay to the Administrative Agent for the account of each Tranche A Term Loan Lender a commitment fee for the period from and including the Closing DateDate to the last day of the Tranche A Term Loan Borrowing Period, computed at the Commitment Fee Rate on the average daily amount of the undrawn Tranche A Term Loan Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the last day of the Tranche A Term Loan Borrowing Period, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees Borrowers agree to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower Borrowers and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Senior Credit Agreement (Abry Holdings Iii Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the Closing date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Incremental Revolving Credit Lender a commitment fee for the period from and including the Second Amendment Effective Date to the last day of the Incremental Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Incremental Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Incremental Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Nebraska Book Co)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Revolving Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Delayed Draw Term Lender a commitment fee for the period from and including the Closing Date to the Delayed Draw Commitment Termination Date, computed at the applicable Delayed Draw Commitment Fee Rate on the average daily amount of the available Delayed Draw Term Commitment of such Delayed Draw Term Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Delayed Draw Commitment Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Dobson Communications Corp)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of the Bilateral Lender a commitment fee for the period from and including the Closing Date to the expiration date of the Bilateral Facility, computed at the Commitment Fee Rate on the average daily unused amount under the Bilateral Facility during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Bilateral Facility Termination Date, commencing on the first of such dates to occur after the first date on which the Bilateral Facility is available. (c) The Borrower agrees to pay to the Administrative Agent, the Syndication Agent the fees in the amounts and on the dates agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger Arrangers the fees in the amounts and on the dates previously agreed to in writing by the Borrower Borrower, the Administrative Agent, the Syndication Agent and the Lead ArrangerArrangers.

Appears in 1 contract

Sources: Credit Agreement (Wta Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Seven-Year Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the Seven-Year Revolving Credit Commitment Period, computed at a rate per annum, determined in accordance with the Commitment Fee Rate on pricing grid attached hereto as Annex B, based upon the average daily amount Utilization Percentage of the Available Seven-Year Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Seven-Year Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof. (b) The Borrower agrees to pay to the Administrative Agent for the account of each 364-Day Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last day of the 364-Day Revolving Credit Commitment Period, computed at a rate per annum, determined in accordance with the pricing grid attached hereto as Annex B, based upon the Utilization Percentage of the 364-Day Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the 364-Day Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof. (c) The Borrower agrees to pay to the Syndication Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Syndication Agent. (d) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates from time to time agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Borrower and the Lead Arranger.

Appears in 1 contract

Sources: Credit Agreement (Cumulus Media Inc)

Commitment Fees, etc. (a) The Borrower agrees to pay the Lead Arranger, ratably for the account of each Lender, a non-refundable ticking fee for the period from and including the December 1, 2003 to the earlier of the Closing Date and the termination of the Commitments, calculated at the rate of .50% per annum on the aggregate principal amount of the Tranche B Term Commitments as of December 1, 2003, which fee shall be fully earned and payable on the earlier of the Closing Date and the date of termination of the Tranche B Term Commitments. (b) The Parent Borrower agrees to pay to the Administrative Agent for the account of each US$ Revolving Credit Lender or Additional US$ Revolving Credit Lender, as the case may be, a commitment fee for the period from and including the Closing Date to the last day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available US$ Revolving Credit Commitment or unutilized Additional US$ Revolving Credit Commitment, as the case may be, of such Lender during the period for which payment is made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the Closing Date. (b) made, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the Amendment/Restatement Closing Date. (c) The Parent Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates agreed to in writing by the Borrower and the Administrative Agent. (d) The Borrower agrees to pay to the Lead Arranger the fees in the amounts and on the dates previously agreed to in writing by the Parent Borrower and the Lead ArrangerAdministrative Agent.

Appears in 1 contract

Sources: Credit Agreement (International Home Foods Inc)