Common use of Facility Fee Clause in Contracts

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee Percentage, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 2007, and on the Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (United Parcel Service Inc), Day Credit Agreement (United Parcel Service Inc), Year Credit Agreement (United Parcel Service Inc)

AutoNDA by SimpleDocs

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072001, and on the Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (York International Corp /De/), Execution Agreement (York International Corp /De/), Day Credit Agreement (York International Corp /De/)

Facility Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee Percentage.125%, payable in arrears quarterly on the last day Business Day of each March, June, September and December, commencing June September 30, 20071995, and on the Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Maxtor Corp), Credit Agreement (Maxtor Corp)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee Percentage, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072005, and on the Termination Date.

Appears in 2 contracts

Samples: Day Credit Agreement (United Parcel Service Inc), Year Credit Agreement (United Parcel Service Inc)

Facility Fee. The Borrower agrees to pay ---- ------------ to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Commitment from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee Percentage, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30December 31, 20072000, and on the Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (International Flavors & Fragrances Inc), Credit Agreement (International Flavors & Fragrances Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30March 31, 20072003, and on the Termination Date.

Appears in 2 contracts

Samples: Year Credit Agreement (Bausch & Lomb Inc), Day Credit Agreement (York International Corp /De/)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Commitment from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until earlier of the Termination Date and the Term Loan Conversion Date at a rate of 0.07% per annum equal to the Applicable Fee Percentageannum, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20071999, and on the Termination Date or the Term Loan Conversion Date, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (International Flavors & Fragrances Inc), Credit Agreement (International Flavors & Fragrances Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Commitment from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing with the quarter ended June 30, 2007, and on the Termination Date.

Appears in 1 contract

Samples: Bridge Credit Agreement (Xerox Corp)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each MarchJanuary, JuneApril, September July and DecemberOctober, commencing June 30October 31, 20072001, and on the Termination Date.

Appears in 1 contract

Samples: Day Credit Agreement (May Department Stores Co)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date of such Lender at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072006, and on the Termination DateDate of such Lender.

Appears in 1 contract

Samples: Five Year Credit Agreement (Pepsiamericas Inc/Il/)

Facility Fee. The Borrower agrees Borrowers jointly and severally agree to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072004, and on the Termination Date.

Appears in 1 contract

Samples: Year Credit Agreement (Lafarge North America Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment from the Effective Date in the case of each Initial Lender and from the later of the Effective Date and the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30March 31, 20072005, and on the Termination Date.

Appears in 1 contract

Samples: Day Credit Agreement (Telecomunicaciones De Puerto Rico Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee Percentage, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072006, and on the Termination Date.

Appears in 1 contract

Samples: Day Credit Agreement (United Parcel Service Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30March 31, 2007, and on the Termination Date.

Appears in 1 contract

Samples: Bridge Credit Agreement (Intuit Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June September 30, 20072005, and on the Termination Date.

Appears in 1 contract

Samples: Year Credit Agreement (Bausch & Lomb Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment Commitment, irrespective of usage, from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30March 31, 2007, and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Applied Materials Inc /De)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Commitment from the Effective Date in the case of each Initial Lender and from the later of the Effective Date and the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30December 31, 20072006, and on the Termination Date.

Appears in 1 contract

Samples: Bridge Credit Agreement (Snap on Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072004, and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Phelps Dodge Corp)

AutoNDA by SimpleDocs

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30December 31, 20072003, and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Pepsiamericas Inc/Il/)

Facility Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Commitment from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June September 30, 20071994, and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Geon Co)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30March 31, 20072004, and on the Termination Date.

Appears in 1 contract

Samples: Day Credit Agreement (York International Corp /De/)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date date hereof in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072005, and on the Termination Date.

Appears in 1 contract

Samples: Year Credit Agreement (Gatx Financial Corp)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30December 31, 20072004, and on the Termination Date.

Appears in 1 contract

Samples: Year Credit Agreement (Pepsiamericas Inc/Il/)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30December 31, 20072011, and on the Termination Date.

Appears in 1 contract

Samples: Five Year Credit Agreement (Packaging Corp of America)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Commitment then in effect from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date applicable to such Lender at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June September 30, 20072006, and on the latest Termination Date.

Appears in 1 contract

Samples: Five Year Credit Agreement (At&t Inc.)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Tranche A Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072002, and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Office Depot Inc)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such LenderXxxxxx’s Commitment Revolving Credit Commitment, from the Effective Closing Date in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date Date, at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day Business Day of each March, June, September and December, commencing June 30, 20072021, and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Packaging Corp of America)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30, 20072002, and on the Termination Date.

Appears in 1 contract

Samples: Day Credit Agreement (York International Corp /De/)

Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the aggregate amount of such Lender’s 's Revolving Credit Commitment from the Effective Date in the case of each Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Fee PercentagePercentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December, commencing June 30March 31, 20072005, and on the Termination Date.

Appears in 1 contract

Samples: Day Credit Agreement (York International Corp /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.