Administrative Agent Fee. The Borrowers shall pay to the Administrative Agent, for its own account, a monthly administrative agent's fee of $15,000, payable in advance on the date of initial Borrowing (for the remainder of the month in which such date falls) and on the last Business Day of each month thereafter (for the next succeeding month).
Appears in 1 contract
Sources: Debt Agreement (Vencor Inc)
Administrative Agent Fee. The Borrowers Borrower shall pay to the Administrative Agent, Agent for its own account, a monthly administrative agent's account an agent fee in the amount of $15,000100,000 (the “Administrative Agent Fee”), which Administrative Agent Fee shall be earned as of, and due and payable in advance on on, the date of initial Borrowing (for the remainder of the month in which such date falls) and on the last Business Day of each month thereafter (for the next succeeding month)Effective Date.
Appears in 1 contract
Sources: Modification Agreement (KBS Real Estate Investment Trust III, Inc.)
Administrative Agent Fee. The Borrowers Borrower shall pay to the Administrative Agent, for its Administrative Agent’s own account, a monthly an administrative agent's agent fee of $15,0001,667 per month (or partial month, without apportioning, in the event the Initial Advance is made or the Loan repaid, on a day other than the last day of a month) payable monthly in advance arrears commencing on the date of initial Borrowing (for the remainder of the month in which such date falls) November 1, 2010 and on the last Business Day first day of each month thereafter (for the next succeeding month)hereafter.
Appears in 1 contract
Sources: Loan Agreement (Acadia Realty Trust)
Administrative Agent Fee. The Borrowers shall jointly and severally pay Administrative Agent for its benefit a monthly fee in an amount equal to the $1,500 per month in respect of Administrative Agent's services, for its own accountwhich fee shall be fully earned as of, a monthly administrative agent's fee of $15,000, and payable in advance on the closing date of initial Borrowing (for the remainder of the month in which such date falls) and on the last Business Day first day of each month thereafter (for the next succeeding month)thereafter.
Appears in 1 contract
Sources: Loan Agreement (Dyersburg Corp)
Administrative Agent Fee. The Borrowers Borrower shall pay to the Administrative Agent, for its own account, a monthly administrative agent's an annual nonrefundable administration fee of equal to $15,00050,000 (the “Administrative Agent Fee”), payable such fee to be paid in advance on the date of initial Borrowing (for Effective Date and thereafter quarterly in arrears prior to the remainder earlier of the month Maturity Date and the date on which the Loans are repaid in which full or, if any such date falls) and is not a Business Day, on the last first Business Day of each month thereafter (for and fees payable in the next succeeding month)amounts and at the times separately agreed upon by the Borrower and the Administrative Agent in the Fee Letter.
Appears in 1 contract
Administrative Agent Fee. The Borrowers shall Borrower agrees to pay to the Administrative Agent, for its own account, a monthly Agent an administrative agent's agent fee of $15,0002,500.00 per year. Such administrative agent fee shall be paid in arrears in four (4) equal payments of $625.00 due on March 15, payable in advance on the date of initial Borrowing (for the remainder of the month in which such date falls) June 15, September 15 and on the last Business Day December 15 of each month thereafter (for the next succeeding month).year. The first such payment shall be due on December 15, 1996
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Continental Materials Corp)
Administrative Agent Fee. The Borrowers Borrower shall pay to the Administrative AgentAgent on April 22, for its own account1998, a monthly administrative agent's fee in the amount of $15,00021,000 for the period through September 30, 1998, and in the amount of $3,500 per month thereafter, payable in advance on the date of initial Borrowing (for the remainder of the month in which such date falls) and on the last first Business Day of each month thereafter (for commencing on October 1, 1998, and all other normal and customary fees and expenses of the next succeeding month)Administrative Agent in connection with the performance of its duties hereunder.
Appears in 1 contract
Sources: Credit Agreement (Jotan Inc)