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Common use of Defaulting Lender Fees Clause in Contracts

Defaulting Lender Fees. Notwithstanding anything in this Agreement to the contrary, if any Lender is a Defaulting Lender, such Defaulting Lender will not be entitled to any fees accruing pursuant to clause (a) above with respect to the entire accrual period with respect to such fees (without prejudice to the rights of the Non-Defaulting Lenders in respect of such fees).

Appears in 2 contracts

Samples: Term Loan Agreement (FMC Corp), Term Loan Agreement (FMC Corp)

Defaulting Lender Fees. Notwithstanding anything in this Agreement herein to the contrary, if any during such period as a Lender is a Defaulting Lender, such Defaulting Lender will not be entitled to any fees relating to such Defaulting Lender’s unused Commitments accruing during such period pursuant to clause clauses (a) and (b) above with respect to the entire accrual period with respect to such fees (without prejudice to the rights of the Non-Defaulting Lenders in respect of such fees).

Appears in 2 contracts

Samples: Term Loan Agreement (Howmet Aerospace Inc.), Term Loan Agreement (Howmet Aerospace Inc.)

Defaulting Lender Fees. Notwithstanding anything in this Agreement herein to the contrary, if any during such period as a Lender is a Defaulting Lender, such Defaulting Lender will not be entitled to any fees Commitment Fees relating to such Defaulting Lender’s unused Commitments accruing during such period pursuant to clause (a) above with respect to the entire accrual period with respect to such fees (without prejudice to the rights of the Non-Defaulting Lenders in respect of such feesCommitment Fees).

Appears in 1 contract

Samples: 364 Day Bridge Term Loan Agreement (Alcoa Inc)