Common use of Extension Fees Clause in Contracts

Extension Fees. The Borrower shall pay to the Administrative Agent, in connection with the extension of the Revolving Credit Facility, a Facility extension fee (an “Extension Fee”) on the Facility Extension Date, for the account of each Revolving Credit Lender, in an amount equal to 0.15% of such Revolving Credit Lender’s Revolving Credit Commitment then outstanding (whether funded or unfunded).

Appears in 3 contracts

Samples: Credit Agreement (Hersha Hospitality Trust), Credit Agreement (Hersha Hospitality Trust), Credit Agreement (Hersha Hospitality Trust)

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Extension Fees. The Borrower shall pay to the Administrative Agent, in connection with the extension of the Revolving Credit Facility, a Facility extension fee Agent (an “Extension Fee”i) on the Facility First Extension Date, for the account of each Revolving Credit Lender, a Facility extension fee, in an amount equal to 0.150.25% of such Revolving Credit each Lender’s Revolving Credit Commitment then outstanding and (whether funded or unfunded)ii) on the Second Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstanding.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, Inc.)

Extension Fees. The Borrower shall pay to the Administrative Agent, in connection with the extension of either or both of the Revolving Credit Facility and the Term Loan Facility, a Facility extension fee (an “Extension Fee”) on the relevant Facility Extension Date, for the account of each Revolving Credit LenderExtending Lender in respect of any Facility that is the subject of such extension, in an amount equal to 0.15% of such Revolving Credit Extending Lender’s Revolving Credit Commitment then outstanding (whether funded or unfunded)) to such Facility.

Appears in 1 contract

Samples: Credit Agreement (Hersha Hospitality Trust)

Extension Fees. The Borrower shall pay to the Administrative Agent, in connection with the extension of the Revolving Credit Facility, a Facility extension fee (an “Extension Fee”) on each of the First Facility Extension Date and the Second Facility Extension Date, for the account of each Revolving Credit Lender, in an amount equal to 0.150.075% of such Revolving Credit Lender’s Revolving Credit Commitment then outstanding (whether funded or unfunded).

Appears in 1 contract

Samples: Credit Agreement (Hersha Hospitality Trust)

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Extension Fees. The Borrower shall pay to the Administrative Agent, in connection with the extension of the Revolving Credit Facility, a Facility extension fee (an “Extension Fee”) Agent on the Facility First Extension Date and the Second Extension Date, for the account of each Revolving Credit Lender, a Facility extension fee, in an amount equal to 0.150.20% of such Revolving Credit each Lender’s Revolving Credit Commitment then outstanding (whether funded or unfundedeach, an “Extension Fee”).

Appears in 1 contract

Samples: Credit Agreement (Five Star Quality Care, Inc.)

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