Common use of Commitment Fees; Additional Fees Clause in Contracts

Commitment Fees; Additional Fees. (i) The Company shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, from and after the Closing Date until the date on which the Aggregate Commitment shall be terminated in whole, a commitment fee at the rate of the then Applicable Commitment Fee Percentage multiplied by the average amount by which (A) the Aggregate Commitment in effect from time to time exceeds (B) the Revolving Credit Obligations (excluding the outstanding principal amount of the Swing Line Loans) in effect from time to time during each fiscal quarter of the Company. All such commitment fees payable under this clause (C) shall be payable quarterly on the last day of each fiscal quarter of the Company occurring after the Closing Date (with the first such payment being calculated for the period from the Closing Date and ending on September 30, 2002), and, in addition, on any date on which the Aggregate Commitment shall be terminated in whole. Sidley Xxxxxx Xxxxx & Xxxx

Appears in 1 contract

Samples: Day Credit Agreement (Chicago Bridge & Iron Co N V)

AutoNDA by SimpleDocs

Commitment Fees; Additional Fees. (i) The Company shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, from and after the Closing Date until the date on which the Aggregate Commitment shall be terminated in whole, a commitment fee at the rate of the then Applicable Commitment Fee Percentage multiplied by the average amount by which (A) the Aggregate Commitment in effect from time to time exceeds (B) the Revolving Credit Obligations (excluding the outstanding principal amount of the Swing Line Loans) in effect from time to time during each fiscal quarter of the Company. All such commitment fees payable under this clause (C) shall be payable quarterly on the last day of each fiscal quarter of the Company occurring after the Closing Date (with the first such payment being calculated for the period from the Closing Date and ending on September June 30, 20022005), and, in addition, on any date on which the Aggregate Commitment shall be terminated in whole. Sidley Xxxxxx Xxxxx & Xxxx.

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

Commitment Fees; Additional Fees. (i) The Company shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, from and after the Closing Date until the date on which the Aggregate Commitment shall be terminated in whole, a commitment fee at the rate of the then Applicable Commitment Fee Percentage multiplied by the average amount by which (A) the Aggregate Commitment in effect from time to time exceeds (B) the Revolving Credit Obligations (excluding the outstanding principal amount of the Swing Line Loans) in effect from time to time during each fiscal quarter of the Company. All such commitment fees payable under this clause (C) shall be payable quarterly on the last day of each fiscal quarter of the Company occurring after the Closing Date (with the first such payment being calculated for the period from the Closing Date and ending on September 30December 31, 20022000), and, in addition, on any date on which the Aggregate Commitment shall be terminated in whole. Sidley Xxxxxx Xxxxx & Xxxx.

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

Commitment Fees; Additional Fees. (i) The Company shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, from and after the Closing Date until the date on which the Aggregate Commitment shall be terminated in whole, a commitment fee at the rate of the then Applicable Commitment Fee Percentage multiplied by the average amount by which (A) the Aggregate Commitment in effect from time to time exceeds (B) the Revolving Credit Obligations (excluding the outstanding principal amount of the Swing Line Loans) in effect from time to time during each fiscal quarter of the Company. All such commitment fees payable under this clause (C) shall be payable quarterly on the last day of each fiscal quarter of the Company occurring after the Closing Date (with the first such payment being calculated for the period from the Closing Date and ending on September 30, 20022001), and, in addition, on any date on which the Aggregate Commitment shall be terminated in whole. Sidley Xxxxxx Xxxxx & Xxxx.

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

Commitment Fees; Additional Fees. (i) The Company shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, from and after the Closing Date until the date on which the Aggregate Commitment shall be terminated in whole, a commitment fee at the rate of the then Applicable Commitment Fee Percentage multiplied by the average amount by which (A) the Aggregate Commitment in effect from time to time exceeds (B) the Revolving Credit Obligations (excluding the outstanding principal amount of the Swing Line Loans) in effect from time to time during each fiscal quarter of the Company. All such commitment fees payable under this clause (C) shall be payable quarterly on the last day of each fiscal quarter of the Company occurring after the Closing Date (with the first such payment being calculated for the period from the Closing Date and ending on September 30, 20022003), and, in addition, on any date on which the Aggregate Commitment shall be terminated in whole. Sidley Xxxxxx Xxxxx & Xxxx.

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

AutoNDA by SimpleDocs

Commitment Fees; Additional Fees. (i) The Company shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, from and after the Closing Date until the date on which the Aggregate Commitment shall be terminated in whole, a commitment fee at the rate of the then Applicable Commitment Fee Percentage multiplied by the average amount by which (A) the Aggregate Commitment in effect from time to time exceeds (B) the Revolving Credit Obligations (excluding the outstanding principal amount of the Swing Line Loans) in effect from time to time during each fiscal quarter of the Company. All such commitment fees payable under this clause (C) shall be payable quarterly on the last day of each fiscal quarter of the Company occurring after the Closing Date (with the first such payment being 39 49 calculated for the period from the Closing Date and ending on September 30December 31, 20022000), and, in addition, on any date on which the Aggregate Commitment shall be terminated in whole. Sidley Xxxxxx Xxxxx & Xxxx.

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

Commitment Fees; Additional Fees. (i) The Company shall pay to the Administrative Agent, for the account of the Lenders in accordance with their Pro Rata Shares, from and after the Closing Date until the date on which the Aggregate Commitment shall be terminated in whole, a commitment fee at the rate of the then Applicable Commitment Fee Percentage multiplied by the average amount by which (A) the Aggregate Commitment in effect from time to time exceeds (B) the Revolving Credit Obligations (excluding the outstanding principal amount of the Swing Line Loans) in effect from time to time during each fiscal quarter of the Company. All such commitment fees payable under this clause (C) shall be payable quarterly on the last day of each fiscal quarter of the Company occurring after the Closing Date (with the first such payment being calculated for the period from the Closing Date and ending on September 30, 2002), and, in addition, on any date on which the Aggregate Commitment shall be terminated in whole. Sidley Xxxxxx Xxxxx & Xxxx.

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

Time is Money Join Law Insider Premium to draft better contracts faster.