Common use of Additional Interest and Fees Clause in Contracts

Additional Interest and Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Lender ticking interest (the “Ticking Interest”) commencing on the Effective Date and ending on the date the Commitments are terminated in their entirety or otherwise reduced to zero, equal to 0.175% per annum until the receipt of a publicly issued senior unsecured indebtedness rating for the Borrower (after giving effect to the Acquisitions) from the ratings advisory service of Xxxxx’x and a publicly issued corporate credit rating for the Borrower (after giving effect to the Acquisitions) from the ratings advisory service of S&P and (y) thereafter, equal to the Applicable Margin per annum, in each case, on the aggregate daily amount of the Commitments of each Lender during such period, such interest to be earned and payable in full on the date the Commitments terminated in their entirety or otherwise reduced to zero. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Lender on the date that is 30 days after the Closing Date funding interest equal to 0.50% of the aggregate amount of the Loans made by such Lender and outstanding on such date, such interest to be earned and payable in full on such date. (c) The Borrower agrees to pay to the Lead Arrangers, the Administrative Agent and to the Syndication Agent fees payable to them in the amounts and at the times separately agreed upon by them. (d) All additional interest and fees payable hereunder shall be paid on the dates due, in immediately available funds and in Dollars, to the Administrative Agent for distribution, in the case of funding interest and Ticking Interest, to the Lenders. Such additional interest and fees paid shall not be refundable under any circumstances.

Additional Interest and Fees. (a) The Term Facility Borrower agrees to pay to the Administrative Agent for the account of each Lender ticking interest (the “Ticking Interest”) commencing on the Effective Date and ending on the date the all Commitments are terminated in their entirety or otherwise reduced to zero, (i) equal to 0.175% per annum until the receipt of a publicly issued senior unsecured indebtedness rating for the Term Facility Borrower (after giving effect to the Acquisitions) from the ratings advisory service of Xxxxx’x and a publicly issued corporate credit rating for the Term Facility Borrower (after giving effect to the Acquisitions) from the ratings advisory service of S&P S&P, and (yii) thereafter, equal to the Applicable Margin per annum, in each case, on the aggregate daily amount of the unfunded Commitments of each Lender during such period, such interest to be earned and payable in full on the date the Commitments are terminated in their entirety or otherwise reduced to zero. (b) The Borrower agrees to pay to the Administrative Agent for the account of each Lender on the date that is 30 days after the Closing Date funding interest equal to 0.50% of the aggregate amount of the Loans made by such Lender and outstanding on such date, such interest to be earned and payable in full on such date. (c) The Term Facility Borrower agrees to pay to the Lead ArrangersBookrunners, the Administrative Agent and to the Syndication Agent fees payable to them in the amounts and at the times separately agreed upon by them. (dc) All additional interest and fees payable hereunder shall be paid on the dates due, in immediately available funds and in Dollars, to the Administrative Agent for distribution, in the case of funding interest and Ticking Interest, to the Lenders. Such additional interest and fees paid shall not be refundable under any circumstances.

Additional Interest and Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Lender duration interest on each date set forth below in an amount equal to the percentage set forth opposite such date of the principal amount of the Loans owed to such Lender outstanding on such date (such interest to be earned and payable in full in such applicable date): Date Percentage 90 days after the Closing Date 0.50 % 180 days after the Closing Date 0.75 % 270 days after the Closing Date 1.00 % (b) The Borrower agrees to pay to the Administrative Agent for the account of each Lender ticking interest (the “Ticking Interest”) commencing on the date that is 30 days after the Effective Date and ending on the date the Commitments are terminated in their entirety or otherwise reduced to zero, equal to 0.175% per annum until the receipt of a publicly issued senior unsecured indebtedness rating for the Borrower (after giving effect to the Acquisitions) from the ratings advisory service of Xxxxx’x and a publicly issued corporate credit rating for the Borrower (after giving effect to the Acquisitions) from the ratings advisory service of S&P and (y) thereafter, equal to the Applicable Margin per annum, in each case, on the aggregate daily amount of the Commitments of each Lender during such period, such interest to be earned and payable in full on the date the Commitments terminated in their entirety or otherwise reduced to zero. (bc) The Borrower agrees to pay to the Administrative Agent for the account of each Lender on the date that is 30 days after the Closing Date funding interest equal to 0.50% of the aggregate amount of the Loans made by such Lender and outstanding on such dateLender, such interest to be earned and payable in full on such datethe Closing Date. (cd) The Borrower agrees to pay to the Lead Arrangers, the Administrative Agent and to the Syndication Agent fees payable to them in the amounts and at the times separately agreed upon by them. (de) All additional interest and fees payable hereunder shall be paid on the dates due, in immediately available funds and in Dollars, to the Administrative Agent for distribution, in the case of duration interest, funding interest and Ticking Interest, to the Lenders. Such additional interest and fees paid shall not be refundable under any circumstances.