Common use of Duration Fee Clause in Contracts

Duration Fee. As part of the consideration for each Lender’s Commitment hereunder, the Borrower shall pay to the Designated Agent for the account of each Lender a duration fee on each date set forth below in an amount equal to the percentage set forth opposite such date of the aggregate principal amount of Advances held by such Lender on such date: DATE PERCENTAGE 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%

Appears in 2 contracts

Samples: 364 Day Bridge Credit Agreement (TWDC Enterprises 18 Corp.), 364 Day Bridge Credit Agreement (Walt Disney Co)

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Duration Fee. As part of the consideration for each Lender’s Commitment hereunder, the The Borrower shall will pay to the Designated Administrative Agent for the account of each Lender (subject to Section 2.19(a)(ii)) a duration fee on each date set forth below in an amount equal to the percentage set forth opposite such date of the aggregate principal amount of Advances and undrawn Commitments held by such Lender on such date: DATE PERCENTAGE 90 days after the Closing Date 0.500.50 % 180 days after the Closing Date 0.750.75 % 270 days after the Closing Date 1.001.00 %

Appears in 2 contracts

Samples: Day Bridge Credit Agreement (AbbVie Inc.), Day Bridge Credit Agreement (AbbVie Inc.)

Duration Fee. As part of the consideration for each Lender’s Commitment hereunder, the Borrower shall will pay to the Designated Administrative Agent for the account of each Lender (subject to Section 2.19(a)(ii)) a duration fee on each date set forth below in an amount equal to the percentage set forth opposite such date of the aggregate principal amount of Advances and undrawn Commitments held by such Lender on such date: DATE PERCENTAGE 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%

Appears in 2 contracts

Samples: Bridge Credit Agreement (Takeda Pharmaceutical Co LTD), Bridge Credit Agreement (Takeda Pharmaceutical Co LTD)

Duration Fee. As part of the consideration for each Lender’s Commitment hereunder, the The Borrower shall will pay to the Designated Agent for the account of each Lender a non-refundable duration fee fees (the “Duration Fees”) on each date set forth below in an amount equal to the percentage set forth opposite such date of the aggregate principal amount of Advances and undrawn Commitments held by such Lender on such date: DATE PERCENTAGE Duration Fees 90 days after the Closing Date 180 days after the Closing Date 270 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%

Appears in 2 contracts

Samples: Bridge Credit Agreement (Twenty-First Century Fox, Inc.), Bridge Credit Agreement

Duration Fee. As part of the consideration for each Lender’s Commitment hereunder, the The Borrower shall pay to the Designated Agent on each of the dates set forth below for the account accounts of each Lender the Lenders, ratably in proportion to their outstanding Loans, a duration fee on each date equal to the applicable percentage set forth below in an amount equal to the percentage set forth opposite such date of the aggregate principal amount of Advances held by such Lender the Loans outstanding on such date: DATE PERCENTAGE Date Duration Fee Percentage 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%

Appears in 1 contract

Samples: Bridge Credit Agreement (Aetna Inc /Pa/)

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Duration Fee. As part of the consideration for each Lender’s Commitment hereunder, the The Borrower shall will pay to the Designated Administrative Agent for the account of each Lender (subject to Section 2.18(a)(ii)) a duration fee on each date set forth below in an amount equal to the percentage set forth opposite such date of the aggregate principal amount of Advances held by such Lender on such date: DATE PERCENTAGE 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.75% 270 days after the Closing Date 1.00%

Appears in 1 contract

Samples: Bridge Credit Agreement (Moodys Corp /De/)

Duration Fee. As part of the consideration for each Lender’s Commitment hereunder, the The Borrower shall pay to the Designated Agent on each of the dates set forth below for the account accounts of each Lender the Lenders, ratably in proportion to their outstanding Loans, a duration fee on each date equal to the applicable percentage set forth below in an amount equal to the percentage set forth opposite such date of the aggregate principal amount of Advances held by such Lender the Loans outstanding on such date: DATE PERCENTAGE Date Duration Fee Percentage 90 days after the Closing Date 0.50% 180 days after the Closing Date 0.751.00% 270 days after the Closing Date 1.001.50%

Appears in 1 contract

Samples: Bridge Credit Agreement (Aetna Inc /Pa/)

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