Common use of Allocation and Payment of Interest and Fees Clause in Contracts

Allocation and Payment of Interest and Fees. (a) Agent shall pay to Assignee all interest, and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 5 contracts

Samples: Loan Agreement (KBS Strategic Opportunity REIT II, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.)

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Allocation and Payment of Interest and Fees. (a) Agent shall pay to Assignee all interest, and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 3 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Credit Agreement (Saul Centers Inc), Revolving Loan Agreement (Kennedy-Wilson Holdings, Inc.)

Allocation and Payment of Interest and Fees. (a) Administrative Agent shall pay to Assignee all interest, Facility Fees and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 3 contracts

Samples: Credit Agreement (Spieker Properties Inc), Revolving Credit Agreement (Arden Realty Limited Partnership), Revolving Credit Agreement (Arden Realty Inc)

Allocation and Payment of Interest and Fees. (a) Agent Administrative Lender shall pay to Assignee all interest, commitment fees and other amounts not constituting principal that are paid by or on behalf of Borrower Borrowers pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that ”) which accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 2 contracts

Samples: Credit Agreement (Monaco Coach Corp /De/), Credit Agreement (Monaco Coach Corp /De/)

Allocation and Payment of Interest and Fees. (a) Administrative Agent shall pay to Assignee all interest, commitment fees and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that ”) which accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 2 contracts

Samples: Credit Agreement (Columbia Sportswear Co), Credit Agreement (Columbia Sportswear Co)

Allocation and Payment of Interest and Fees. (a) 6.1 Agent shall pay to Assignee all interest, commitment fees and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 2 contracts

Samples: Credit Agreement (Jore Corp), Credit Agreement (Coldwater Creek Inc)

Allocation and Payment of Interest and Fees. (a) Agent Administrative Lenders shall pay to Assignee all interest, commitment fees and other amounts not constituting principal that are paid by or on behalf of Borrower Borrowers pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that ) which accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 1 contract

Samples: Intercreditor Agreement (Penford Corp)

Allocation and Payment of Interest and Fees. (a) Agent Administrative Lender shall pay to Assignee all interest, commitment fees and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that ) which accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 1 contract

Samples: Credit Agreement (Planar Systems Inc)

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Allocation and Payment of Interest and Fees. (a) Agent shall pay to Assignee all interest, commitment fees and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that ) which accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 1 contract

Samples: Credit Agreement (Axt Inc)

Allocation and Payment of Interest and Fees. (a) Administrative Agent shall pay to Assignee all interest, Facility Fees and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 1 contract

Samples: Credit Agreement (Arden Realty Inc)

Allocation and Payment of Interest and Fees. (a) Agent shall pay to Assignee all interest, and other amounts not constituting principal interest that are is paid by or on behalf of Borrower pursuant to the Loan Documents and are that is attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that accrue on and after the Assignment Effective Date. If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 1 contract

Samples: Term Loan Agreement (Chelsea Property Group Inc)

Allocation and Payment of Interest and Fees. (a) Agent shall pay to Assignee all interest, and other amounts not constituting principal that are paid by or on behalf of Borrower pursuant to the Loan Documents and are attributable to the Assigned Rights and Obligations ("Borrower Amounts"), that accrue on and after the Assignment Effective Date. , If Assignor receives or collects any such Borrower Amounts, Assignor shall promptly pay them to Assignee.

Appears in 1 contract

Samples: Construction Loan Agreement (Saul Centers Inc)

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