ALLOCATION FEE. The Borrowers shall pay, in accordance with the Specified Percentages, the Operations Agent for the ratable benefit of the Banks an allocation fee (the "ALLOCATION FEE") in an amount equal to two and one-half (2-1/2) basis points (25/1000 of 1%) of the aggregate Commitments. The Allocation Fee shall be payable annually in advance on the date of this Agreement and on the effective date of any renewal of the Commitments pursuant to Article XIV hereof." (i) Article VII of the Credit Agreement is amended by: (i) deleting Section 7.18 of said Article VII in its entirety; and (ii) renumbering Section 7.19 as Section 7.18. (j) Section 9.01(b) of the Credit Agreement is amended by: (i) deleting said Section 9.01(b) in its entirety; and (ii) substituting in lieu thereof the following:
Appears in 4 contracts
Samples: Credit Agreement (Emerging Markets Infrastructure Fund Inc), Credit Agreement (Chile Fund Inc), Credit Agreement (Csam Income Fund)
