Commitment and Agency Fees Clause Samples
Commitment and Agency Fees. (a) The Company shall pay to Agent for -------------------------- the account of each Lender a commitment fee on the lesser of the daily average unused amount of such Lender's Percentage Share of the Commitment and the daily average unused amount of the Borrowing Base, for the period from and including the date hereof to but not including the earlier of the date the Commitment is terminated and the Revolving Credit Termination Date, at a rate per annum equal to three-eighths of one percent (0.375%). Accrued commitment fees (including commitment fees accruing under the Original Agreement during the period from July 1, 2001 through and including the date hereof) shall be payable on each Quarterly Date and on the earlier of the date the Commitment is terminated or the Revolving Credit Termination Date.
(b) The Company shall pay to Agent for its own account an agency fee pursuant to a letter agreement of even date herewith between Agent and the Company.
Commitment and Agency Fees. Minimum Amount of Each Advance; Disbursement Provisions........................................ 30 2.7
Commitment and Agency Fees. Borrower shall pay the applicable Commitment Fee to Agent on the date hereof and on each Closing Date as each Project is entered into the Master Line as provided herein. In addition, Borrower shall pay the applicable Agency Fees to Agent as provided in the Fee Letter. All such Commitment and Agency Fees are deemed fully earned and nonrefundable when paid.
Commitment and Agency Fees. (a) Borrower agrees to pay to the Administrative Agent (i) for the account of each Lender party hereto on the date hereof according to its Pro Rata Share as of the date hereof all commitment fees, as and when payable pursuant to the terms of that certain letter agreement dated August 13, 2001, between Bankers Trust Company, Citicorp Real Estate, Inc. and CIBC Inc. and Borrower and (ii) for the account of each Lender according to its Pro Rata Share an undrawn fee of 0.375% per annum on the average daily Available Aggregate Commitment from the Effective Date to and including May 1, 2002, payable in arrears on November 5, 2001, February 5, 2002 and May 5, 2002. All accrued undrawn fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Advances hereunder.
(b) Borrower agrees to pay when due to the Administrative Agent, for its own account, the fees (herein referred to as the "Agency Fee") set forth in that certain letter agreement dated August 13, 2001, between Administrative Agent and Borrower.
Commitment and Agency Fees. Borrower agrees to pay to Merrill Lynch, individually, the following fees in the amounts and at ▇▇▇ ▇▇m▇▇ ▇▇t forth below:
(I) on the Closing Date, a fully-earned, non-refundable commitment fee in an amount equal to one and 125/1000 percent (1.125%) of the Commitment as of the Closing Date; and
(II) a fully-earned, non-refundable annual agent's fee in the amount of $30,000, which shall be fully earned, due and payable annually, in advance, commencing on the Closing Date and continuing on each anniversary thereof so long as any Loan or Letter of Credit (or the Commitment) is outstanding.
Commitment and Agency Fees. Cascades must pay, concurrently with the execution of this Agreement, the commitment fees specified in the fee letter and the agency fee letter executed by Cascades prior to the date of this Agreement.
Commitment and Agency Fees. 24 SECTION 4.4 Manner of Payment............................................ 25
Commitment and Agency Fees. Pursuant to the terms of a letter agreement between the Borrower and the Administrative Agent dated June 11, 1997, the Borrower shall pay to the Administrative Agent (i) on the Closing Date, a commitment fee (the "Commitment Fee"), and (ii) on the dates set forth in the letter agreement, agency fees (the "Agency Fees").