Common use of Acceptance Fees Clause in Contracts

Acceptance Fees. Each Canadian Revolving Loan Borrower shall pay to the Administrative Agent, in advance, for distribution to each Canadian Lender which accepts a Bankers’ Acceptance (based on their respective Canadian RL Percentages), the applicable Acceptance Fee in respect of the Face Amount of such Bankers’ Acceptance, which shall be payable on or before the date of acceptance of such Bankers’ Acceptance.

Appears in 2 contracts

Samples: Credit Agreement (Host Hotels & Resorts, Inc.), Credit Agreement (Host Hotels & Resorts L.P.)

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Acceptance Fees. Each Canadian Revolving Loan Borrower shall pay to the Administrative Canadian Agent, in advance, for distribution to each Canadian Lender which accepts a Bankers’ Acceptance (based on their respective Canadian RL Percentages)' Acceptance, the applicable an Acceptance Fee in respect of the Face Amount of such Bankers' Acceptance, which shall be payable on or before the date of acceptance of such Bankers' Acceptance.

Appears in 1 contract

Samples: Credit Agreement (Grant Prideco Inc)

Acceptance Fees. Each Canadian Revolving Loan Borrower shall pay to the Administrative Agent, in advance, for distribution to each Canadian Lender which accepts a Bankers' Acceptance (based on their respective Canadian RL Percentages), the applicable an Acceptance Fee in respect of the Face Amount of such Bankers' Acceptance, which shall be payable on or before the date of acceptance of such Bankers' Acceptance.

Appears in 1 contract

Samples: Credit Agreement (Host Marriott L P)

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Acceptance Fees. Each The Canadian Revolving Loan Borrower shall pay to the Administrative Agent, in advance, for distribution to each Canadian Lender which accepts a Bankers' Acceptance (based on their respective Canadian RL PercentagesRatable Portions), the applicable an Acceptance Fee in respect of the Face Amount of such Bankers' Acceptance, which shall be payable on or before the date of acceptance of such Bankers' Acceptance.

Appears in 1 contract

Samples: Credit Agreement (Felcor Lodging Trust Inc)

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