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

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Commitment Fee Rate is increased or reduced with respect to any period for which the Borrower has already paid interest or Commitment Fees, the Administrative Agent shall recalculate the additional interest or Commitment Fees due from or to the Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Administrative Agent of such increase or decrease, give the Borrower and the Banks notice of such recalculation. 3.1.3.1 Any additional interest or Commitment Fees due from the Borrower shall be paid to the Administrative 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 Commitment Fees shall be paid promptly after receipt of written request for payment from the Administrative Agent. 3.1.3.2 Any interest or Commitment Fees refund due to the Borrower shall be credited against payments otherwise due from 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 Administrative Agent for the account of the Borrower such interest or Commitment Fee refund not later than five (5) Business Days after written notice from the Administrative Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Commitment Facility Fee Rate is increased or reduced with respect to any period for which the Borrower has already paid interest or Commitment Facility Fees, the Administrative Agent shall recalculate the additional interest or Commitment Facility Fees due from or to the Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Administrative Agent of such increase or decrease, give the Borrower and the Banks notice of such recalculation. 3.1.3.1 Any additional interest or Commitment Facility Fees due from the Borrower shall be paid to the Administrative Agent for the account of the Banks on the next date on which an interest or fee payment is due; providedPROVIDED, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Commitment Facility Fees shall be paid promptly after receipt of written request for payment from the Administrative Agent. 3.1.3.2 Any interest or Commitment Facility Fees refund due to the Borrower shall be credited against payments otherwise due from 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 Administrative Agent for the account of the Borrower such interest or Commitment Facility Fee refund not later than five (5) Business Days after written notice from the Administrative Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Commitment Fee Rate any applicable fee amount is increased or reduced pursuant to the terms and conditions of this Agreement with respect to any period for which the Borrower has already paid interest or Commitment Feesfees, the Administrative Agent shall recalculate the additional interest or Commitment Fees fees due from or due to the Borrower with respect to such period and shall, within fifteen (15) Business Days after the Borrower notifies the Administrative Agent of such increase or decrease, give the Borrower and the Banks notice of such recalculation. 3.1.3.1 3.1.4.1 Any additional interest or Commitment Fees fee due from the Borrower shall be paid to the Administrative 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 or Letters of Credit outstanding or if the Loans are due and payable, such additional interest or Commitment Fees fee shall be paid promptly after receipt of written request for payment from the Administrative Agent. 3.1.3.2 3.1.4.2 Any interest or Commitment Fees fee refund due to the Borrower shall be credited against payments otherwise due from the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and there are no Letters of Credit outstanding and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Administrative Agent for the account of the Borrower such interest or Commitment Fee refund not later than five (5) Business Days after written notice from the Administrative Agent to the BanksBanks and the Agent shall promptly remit such amounts due to the Borrower.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Commitment Fee Rate is increased or reduced with respect to any period for which the Borrower has already paid interest or Commitment Fees, the Administrative Agent shall recalculate the additional interest or Commitment Fees due from or to the Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Administrative Agent of such increase or decreaseany change in the Debt Rating, give the Borrower and the Banks notice of such recalculation. 3.1.3.1 Any additional interest or Commitment Fees due from the Borrower shall be paid to the Administrative 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 Commitment Fees shall be paid promptly after receipt of written request for payment from the Administrative Agent. 3.1.3.2 Any interest or Commitment Fees refund due to the Borrower shall be credited against payments otherwise due from 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 Administrative Agent for the account of the Borrower such interest or Commitment Fee refund not later than five (5) Business Days after written notice from the Administrative Agent to the Banks.