Common use of Change in Fees or Interest Rates Clause in Contracts

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, or the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any Borrower shall be credited against payments otherwise due from such Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. Any increase or decrease in Applicable Margin due to an increase or decrease in the Leverage Ratio Level after the Closing Date shall be effective on the first calendar day following the date on which the Compliance Certificate evidencing the computation of such Leverage Ratio Level is due to be delivered under Section 7.03(c). If the Applicable Margin or Applicable Facility Fee Rate or Applicable Utilization Fee Rate is thereby increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees or Utilization Fees, the Agent shall recalculate the additional interest or interest, Facility Fees, and Utilization Fees due from, from or to the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks Lenders notice of such recalculation. (i) Any additional interest or Facility Fee Fees or Utilization Fees due from any the Borrower shall be paid to the Agent for the account of the Banks Lenders on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or interest, Facility Fee Fees, and Utilization Fees shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee Fees or Utilization Fees refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Banks Lenders are no longer committed to lend under this Agreement, the Banks Lenders shall pay the Agent for the account of such the Borrower such interest or Facility Fee Fees or Utilization Fees refund not later than five Business Days after written notice from the Agent to the BanksLenders.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate Amount is increased or reduced with respect to any period for which any Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, from or the amount of the refund of interest or Facility Fees due to, to such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any Borrower shall be credited against payments otherwise due from such Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any Borrower has already paid interest or the Facility FeesFee, the Agent shall recalculate the additional interest or the Facility Fees Fee due from, or the amount of the refund of interest or the Facility Fees Fee due to, such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any Borrower shall be credited against payments otherwise due from such Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. Any increase or decrease in Applicable Margin due to an increase or decrease in the Leverage Ratio Level after the Closing Date shall be effective on the first calendar day following the date on which the Compliance Certificate evidencing the computation of such Leverage Ratio Level is due to be delivered under Section 7.03(d). If the Applicable Margin or Applicable Facility Fee Rate is thereby increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or interest, and Facility Fees due from, from or to the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks Lenders notice of such recalculation. (i) Any additional interest or Facility Fee Fees due from any the Borrower shall be paid to the Agent for the account of the Banks Lenders on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or and Facility Fee Fees shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee Fees refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Banks Lenders are no longer committed to lend under this Agreement, the Banks Lenders shall pay the Agent for the account of such the Borrower such interest or Facility Fee Fees refund not later than five (5) Business Days after written notice from the Agent to the BanksLenders.

Change in Fees or Interest Rates. If the Applicable Margin Margin, Applicable Letter of Credit Fee Percentage or Applicable Facility Commitment Fee Rate Percentage is increased or reduced with respect to any period for which any the Borrower has already paid interest interest, Letter of Credit Fees or Facility Commitment Fees, the Agent shall recalculate the additional interest interest, Letter of Credit Fees or Facility Commitment Fees due from, from or to the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) 3.1.3.1 Any additional interest interest, Letter of Credit Fee or Facility Commitment Fee due from any the Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest interest, Letter of Credit Fee or fee Commitment Fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest interest, Letter of Credit Fee or Facility Commitment Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) 3.1.3.2 Any interest interest, Letter of Credit Fee or Facility Commitment Fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest interest, Letter of Credit Fee or fee Commitment Fee payment due date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay to the Agent for the account of such the Borrower such interest interest, Letter of Credit Fee or Facility Commitment Fee refund not later than five (5) Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Administrative Agent shall recalculate the additional interest or Facility Fees due from, from or to the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Administrative Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Revolving Credit Banks notice of such recalculation. (i) 3.1.3.1 Any additional interest or Facility Fee Fees due from any the Borrower shall be paid to the Administrative Agent for the account of the Revolving Credit Banks on the next date on which an interest or fee payment is due; providedPROVIDED, howeverHOWEVER, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee Fees shall be paid promptly after receipt of written request for payment from the Administrative Agent. (ii) 3.1.3.2 Any interest or Facility Fee Fees refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Revolving Credit Banks are no longer committed to lend under this Agreement, the Revolving Credit Banks shall pay the Administrative Agent for the account of such the Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Administrative Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Commitment Fee Rate is increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Feesthe Commitment Fee, the Agent shall recalculate the additional interest or Facility Fees Commitment Fee due from, from or to the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks Lenders notice of such recalculation. (i) 4.1.3.1 Any additional interest or Facility Commitment Fee due from any the Borrower shall be paid to the Agent for the account of the Banks Lenders on the next date on which an interest or fee payment is due; provided, however, provided that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Commitment Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) 4.1.3.2 Any interest or Facility Commitment Fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Banks Lenders are no longer committed to lend under this Agreement, the Banks Lenders shall pay the Agent for the account of such the Borrower such interest or Facility Commitment Fee refund not later than five (5) Business Days after written notice from the Agent to the BanksLenders.

Change in Fees or Interest Rates. Any increase or decrease in Applicable Facility Fee due to an increase or decrease in the Leverage Ratio Level after the Closing Date shall be effective on the first calendar day following the date on which the Compliance Certificate evidencing the computation of such Leverage Ratio Level is due to be delivered under Section 7.03(d). If the Applicable Margin or Applicable Facility Fee Rate is thereby increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, from or to the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks Lenders notice of such recalculation. (i) Any additional interest or Facility Fee Fees due from any the Borrower shall be paid to the Agent for the account of the Banks Lenders on the next date on which an interest or a fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee Fees shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee Fees refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Banks Lenders are no longer committed to lend under this Agreement, the Banks Lenders shall pay the Agent for the account of such the Borrower such interest or Facility Fee Fees refund not later than five (5) Business Days after written notice from the Agent to the BanksLenders.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate Amount is increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, from or the amount of the refund of interest or Facility Fees due to, such to the Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any the Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such the Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, or from the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) 3.1.3.1 Any additional interest or Facility Fee due from any the Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) 3.1.3.2 Any interest or Facility Fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such the Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.