Common use of Consent Fee Clause in Contracts

Consent Fee. As consideration for the Administrative Agent’s and Consenting Lenders’ execution and delivery of this Amendment, Borrower shall pay to the Administrative Agent in immediately available funds on or before the Amendment No. 8 Effective Date, for the ratable benefit of the Consenting Lenders, a consent fee equal to 0.50% of the aggregate principal amount of the Term Loans and Revolving Commitments of such Consenting Lender (including, for the avoidance of doubt, all interest which shall have been capitalized and added to principal as of the date hereof) (“Consent Fee”). This Consent Fee shall be deemed fully earned upon the execution and delivery of this Amendment by all parties hereto, and shall be nonrefundable upon receipt by the Administrative Agent.

Appears in 2 contracts

Samples: And Consent Agreement (Navisite Inc), And Consent Agreement (Navisite Inc)

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Consent Fee. As In consideration for the Administrative Agent’s and Consenting of such Lenders’ execution and delivery of this AmendmentAmendment on or prior to the effective date hereof, the Borrower shall pay to the Administrative Agent in immediately available funds on or before the Amendment No. 8 Effective DateAgent, for the ratable benefit of the Consenting Lenderssuch consenting Lenders (including Citizens Bank, a N.A., in its capacity as Lender), consent fee fees (“Consent Fees”) equal to 0.500.125% of the aggregate principal amount of the Term Loans and Revolving Commitments of such Consenting Lender (including, for the avoidance of doubt, all interest which shall have been capitalized and added to principal as consenting Lender’s portion of the date hereof) (“drawn and undrawn commitments under the Credit Agreement, with such Consent Fee”)Fees being allocated to the consenting Lenders in accordance with their respective arrangements with the Administrative Agent. This Consent Fee Fees shall be deemed fully earned upon on the execution and delivery date of this Amendment by all parties heretoAmendment, and shall be nonrefundable upon receipt by payable on the Administrative AgentFirst Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Monro, Inc.)

Consent Fee. As consideration for the Administrative Agent’s and Consenting Lenders’ execution and delivery of this Amendment, Borrower shall pay to the Administrative Agent in immediately available funds on or before the Amendment No. 8 7 Effective Date, for the ratable benefit of the Consenting Lenders, a consent fee equal to 0.500.25% of the aggregate principal amount of the Term Loans and Revolving Commitments of such Consenting Lender (including, for after giving pro forma effect to the avoidance mandatory prepayment of doubt, all interest which shall have been capitalized and added Term Loans pursuant to principal as of the date hereof) Section 7.03 below (“Consent Fee”). This Consent Fee shall be deemed fully earned upon the execution and delivery of this Amendment by all parties hereto, and shall be nonrefundable upon receipt by the Administrative Agent.

Appears in 1 contract

Samples: Consent Agreement (Navisite Inc)

Consent Fee. As In consideration for the Administrative Agent’s and Consenting of such Lenders’ execution and delivery of this AmendmentAmendment on or prior to the effective date hereof, the Borrower shall pay to the Administrative Agent in immediately available funds on or before the Amendment No. 8 Effective DateAgent, for the ratable benefit of the Consenting Lenderssuch consenting Lenders (including Citizens Bank, a N.A., in its capacity as Lender), consent fee fees (“Consent Fees”) equal to 0.500.050% of the aggregate principal amount of the Term Loans and Revolving Commitments of such Consenting Lender (including, for the avoidance of doubt, all interest which shall have been capitalized and added to principal as consenting Lender’s portion of the date hereof) (“drawn and undrawn commitments under the Credit Agreement, with such Consent Fee”)Fees being allocated to the consenting Lenders in accordance with their respective arrangements with the Administrative Agent. This Consent Fee Fees shall be deemed fully earned upon on the execution and delivery date of this Amendment by all parties heretoAmendment, and shall be nonrefundable upon receipt by payable on the Administrative Agenteffective date of this Amendment.

Appears in 1 contract

Samples: Credit Agreement (Monro, Inc.)

Consent Fee. As consideration for the Administrative Agent’s and Consenting Lenders’ execution and delivery of this Amendment, Borrower shall pay have paid to the Administrative Agent in immediately available funds on or before the Amendment No. 8 Effective Datefunds, for the ratable benefit of the Consenting Lenders, a consent fee equal to 0.500.375% of the aggregate principal amount of the Term Loans and Revolving Commitments of such Consenting Lender (including, for the avoidance of doubt, all interest which shall have been capitalized and added to principal as of the date hereof) Amendment No. 4 Effective Date (the “Consent Fee”). This Consent Fee shall be deemed fully earned upon the execution and delivery of this Amendment by all parties hereto, and shall be nonrefundable upon receipt by the Administrative Agent.

Appears in 1 contract

Samples: And Consent Agreement (Navisite Inc)

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Consent Fee. As consideration for the Administrative Agent’s and Consenting Lenders’ execution and delivery of this Amendment, Borrower shall pay have paid to the Administrative Agent in immediately available funds on or before the Amendment No. 8 Effective Datefunds, for the ratable benefit of the Consenting Lenders, a consent fee equal to 0.50.125% of the aggregate principal amount of the Term Loans and Revolving Commitments of such Consenting Lender (including, for the avoidance of doubt, all interest which shall have been capitalized and added to principal as of the date hereof) Amendment Effective Date (the “Consent Fee”). This Consent Fee shall be deemed fully earned upon the execution and delivery of this Amendment by all parties hereto, and shall be nonrefundable upon receipt by the Administrative Agent.

Appears in 1 contract

Samples: Waiver and Consent Agreement (Navisite Inc)

Consent Fee. As consideration for the Administrative Agent’s and Consenting Lenders’ execution and delivery of this Amendment, Borrower shall pay to the Administrative Agent in immediately available funds on or before the Amendment No. 8 Effective Datefunds, for the ratable benefit of the Consenting Lenders, a consent fee equal to 0.501.00% of the aggregate principal amount of the Term Loans and Revolving Commitments of such Consenting Lender (including, for on or before the avoidance of doubt, all interest which shall have been capitalized and added to principal as of the date hereof) Amendment No. 5 Effective Date (“Consent Fee”). This Consent Fee shall be deemed fully earned upon the execution and delivery of this Amendment by all parties hereto, and shall be nonrefundable upon receipt by the Administrative Agent.

Appears in 1 contract

Samples: Waiver and Consent Agreement (Navisite Inc)

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