Common use of Duration Fee Clause in Contracts

Duration Fee. The Borrower shall pay to the Administrative Agent, for the account of the Tenth Amendment Consenting Lenders, a non-refundable duration fee in the amounts and on the dates set forth below: March 15, 2009 0.50% on the Commitment of each Tenth Amendment Consenting Lender as in effect on March 15, 2009 April 14, 2009 0.50% on the Commitment of each Tenth Amendment Consenting Lender as in effect on April 14, 2009 Such duration fee shall be distributed by the Administrative Agent to the Tenth Amendment Consenting Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Bowater Inc), Tenth Amendment and Waiver (AbitibiBowater Inc.)

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Duration Fee. The Borrower shall pay to the Administrative Agent, for the account of the Tenth Amendment Consenting Lenders, a non-refundable duration fee in the amounts and on the dates set forth below: March 15, 2009 0.50% on the Commitment of each Tenth Amendment Consenting Lender as in effect on March 15, 2009 (other than such Lender’s Additional Credit Commitment) April 14, 2009 0.50% on the Commitment of each Tenth Amendment Consenting Lender as in effect on April 14, 2009 (other than such Lender’s Additional Credit Commitment) Such duration fee shall be distributed by the Administrative Agent to the Tenth Amendment Consenting Lenders.

Appears in 2 contracts

Samples: Credit Agreement (AbitibiBowater Inc.), Credit Agreement (Bowater Inc)

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Duration Fee. The Borrower shall pay to the Administrative Agent, for the account of the Tenth Eighth Amendment Consenting Lenders, a non-refundable duration fee in the amounts and on the dates set forth below: March 15, 2009 0.50% on the Commitment of each Tenth Eighth Amendment Consenting Lender as in effect on March 15, 2009 April 14, 2009 0.50% on the Commitment of each Tenth Eighth Amendment Consenting Lender as in effect on April 14, 2009 Such duration fee shall be distributed by the Administrative Agent to the Tenth Eighth Amendment Consenting Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Bowater Inc), Eighth Amendment and Waiver (AbitibiBowater Inc.)

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