Defaulting Lender Fees. No Defaulting Lender shall be entitled to receive any Fees (including Non‐Usage Fees in respect of any commitments of a Defaulting Lender) for any period during which that Lender is a Defaulting Lender (and the Co‐Borrowers shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).
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Samples: Loan and Servicing Agreement (White Mountains Insurance Group LTD), Loan and Servicing Agreement (White Mountains Insurance Group LTD)
Defaulting Lender Fees. No Defaulting Lender shall be entitled to receive any Fees (including Non‐Usage Non‐UsageUnused Fees in respect of any commitments of a Defaulting Lender) for any period during which that Lender is a Defaulting Lender (and the Co‐Borrowers shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).
Appears in 1 contract
Samples: Loan and Servicing Agreement (White Mountains Insurance Group LTD)
Defaulting Lender Fees. No Defaulting Lender shall be entitled to receive any Fees (including Non‐Usage Fees in respect of any commitments of a Defaulting Lender) Ticking Fee for any period during which that such Lender is a Defaulting Lender (and the Co‐Borrowers Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that such Defaulting Lender).
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