Common use of Consent Fee Clause in Contracts

Consent Fee. The Administrative Agent shall have received for the account of each Lender that executes and delivers a copy of this Amendment to the Administrative Agent (or its counsel) at or prior to 12:00 p.m. (noon) New York City time on January 23, 2020, a non-refundable consent fee in an amount equal to 0.05% of such consenting Lender’s Initial Term Loans outstanding as of the Amendment No. 2 Effective Date immediately prior to the effectiveness of this Amendment (it being understood that Borrowers shall have no liability for any such fee if the Amendment No. 2 Effective Date does not occur).

Appears in 2 contracts

Samples: Credit Agreement (PAE Inc), First Lien Term Loan Credit Agreement (PAE Inc)

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Consent Fee. The Administrative Agent shall have received for the account of each Lender that executes and delivers a copy of this Amendment to the Administrative Agent (or its counsel) at or prior to 12:00 p.m. (noon) noon New York City time on January 23April 28, 20202017, a non-refundable consent fee in an amount equal to 0.050.10% of such consenting Lender’s Initial Term Loans outstanding as of the Amendment No. 2 Effective Date immediately prior to the effectiveness of this Amendment (excluding, for the avoidance of doubt, 2017 Additional Term Loans) (it being understood that Borrowers shall have no liability for any such fee if the Amendment No. 2 Effective Date does not occur).

Appears in 2 contracts

Samples: First Lien Term Loan Credit Agreement (PAE Inc), Second Lien Term Loan Credit Agreement (PAE Inc)

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Consent Fee. The Administrative Agent shall have received for the account of each Lender that executes and delivers a copy of this Amendment to the Administrative Agent (or its counsel) at or prior to 12:00 p.m. (noon) New York City time on January 23, 2020, a non-refundable consent fee in an amount equal to 0.05% of such consenting Lender’s Initial Term Loans Revolving Commitment outstanding as of the Amendment No. 2 Effective Date immediately prior to the effectiveness of this Amendment (it being understood that Borrowers shall have no liability for any such fee if the Amendment No. 2 Effective Date does not occur).

Appears in 1 contract

Samples: Revolving Credit Agreement (PAE Inc)

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